First American Bank
Artesia, NM — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | First American Bank | All Insured Commercial Banks in New Mexico |
Interest and Fees on Loans | 33,313 | 9,599 |
Income from Lease Financing Receivables | — | 3 |
— | 56 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 29 |
Income on Loans and Leases (TE) | 33,313 | 9,634 |
Investment Interest Income (TE) | 9,428 | 2,848 |
Total Interest Income (TE) | 42,916 | 12,748 |
Total Interest Expense | 1,518 | 719 |
Net Interest Income (TE) | 41,398 | 12,029 |
Non-Interest Income | 8,567 | 2,506 |
Adjusted Operating Income (TE) | 49,965 | 14,643 |
Non-interest Expense | 30,042 | 9,471 |
Provision for Loan & Lease Losses | 1,880 | 373 |
Pretax Operating Income (TE) | 18,043 | 4,279 |
Pretax Net Operating Income (TE) | 18,048 | 4,437 |
Applicable Income Taxes | — | 55 |
Net Operating Income | 16,541 | 4,263 |
Net Income | 16,541 | 4,263 |
Cash Dividends Declared | 7,475 | 2,176 |
Retained Earnings | 9,066 | 1,786 |