Farmers & Merchants State Bank
Ladonia, TX — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers & Merchants State Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 238 | 4,146 |
Income from Lease Financing Receivables | — | 815 |
2 | 103 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 52 |
Income on Loans and Leases (TE) | 239 | 4,174 |
Investment Interest Income (TE) | 218 | 1,266 |
Total Interest Income (TE) | 476 | 5,515 |
Total Interest Expense | 102 | 1,439 |
Net Interest Income (TE) | 374 | 4,064 |
Non-Interest Income | 167 | 1,036 |
Adjusted Operating Income (TE) | 541 | 5,193 |
Non-interest Expense | 424 | 3,290 |
Provision for Loan & Lease Losses | 27 | 438 |
Pretax Operating Income (TE) | 90 | 3,819 |
Pretax Net Operating Income (TE) | 90 | 3,823 |
Applicable Income Taxes | 3 | 1,556 |
Net Operating Income | 82 | 2,796 |
Net Income | 82 | 2,797 |
Cash Dividends Declared | 62 | 1,686 |
Retained Earnings | 20 | 1,917 |