First National Bank
Edinburg, TX — National Bank
Acquired Sep 2013
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First National Bank | All Insured Commercial Banks in Texas |
| Interest and Fees on Loans | 51,404 | 4,145 |
| Income from Lease Financing Receivables | — | 1 |
| 383 | 13 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 6 |
| Income on Loans and Leases (TE) | 51,404 | 4,167 |
| Investment Interest Income (TE) | 2,823 | 817 |
| Total Interest Income (TE) | 54,649 | 5,177 |
| Total Interest Expense | 22,087 | 522 |
| Net Interest Income (TE) | 32,562 | 4,622 |
| Non-Interest Income | 5,550 | 1,062 |
| Adjusted Operating Income (TE) | 38,112 | 5,801 |
| Non-interest Expense | 52,124 | 3,902 |
| Provision for Loan & Lease Losses | 8,593 | 120 |
| Pretax Operating Income (TE) | -22,605 | 1,732 |
| Pretax Net Operating Income (TE) | -22,026 | 1,809 |
| Applicable Income Taxes | -7,485 | 190 |
| Net Operating Income | -14,541 | 1,418 |
| Net Income | -14,541 | 1,413 |
| Cash Dividends Declared | — | 470 |
| Retained Earnings | -14,541 | 841 |