First Community Bank, National Association
Sugar Land, TX — National Bank
Acquired Mar 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Community Bank, National Association | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 23,968 | 9,884 |
Income from Lease Financing Receivables | 9 | 2 |
13 | 33 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 16 |
Income on Loans and Leases (TE) | 23,984 | 9,937 |
Investment Interest Income (TE) | 1,599 | 2,001 |
Total Interest Income (TE) | 25,820 | 12,388 |
Total Interest Expense | 3,392 | 954 |
Net Interest Income (TE) | 22,428 | 11,390 |
Non-Interest Income | 4,419 | 2,421 |
Adjusted Operating Income (TE) | 26,847 | 14,141 |
Non-interest Expense | 21,480 | 8,980 |
Provision for Loan & Lease Losses | — | 374 |
Pretax Operating Income (TE) | 5,367 | 4,579 |
Pretax Net Operating Income (TE) | 5,367 | 4,660 |
Applicable Income Taxes | -29,543 | 558 |
Net Operating Income | 34,903 | 3,638 |
Net Income | 34,903 | 3,624 |
Cash Dividends Declared | 15,000 | 1,507 |
Retained Earnings | 19,903 | 1,949 |