First State Bank
Socorro, NM — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First State Bank | All Insured Commercial Banks in New Mexico |
| Interest and Fees on Loans | 679 | 9,599 |
| Income from Lease Financing Receivables | — | 3 |
| — | 56 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 29 |
| Income on Loans and Leases (TE) | 679 | 9,634 |
| Investment Interest Income (TE) | 3,944 | 2,848 |
| Total Interest Income (TE) | 4,673 | 12,748 |
| Total Interest Expense | 119 | 719 |
| Net Interest Income (TE) | 4,554 | 12,029 |
| Non-Interest Income | 692 | 2,506 |
| Adjusted Operating Income (TE) | 5,246 | 14,643 |
| Non-interest Expense | 3,658 | 9,471 |
| Provision for Loan & Lease Losses | 30 | 373 |
| Pretax Operating Income (TE) | 1,558 | 4,279 |
| Pretax Net Operating Income (TE) | 1,558 | 4,437 |
| Applicable Income Taxes | 466 | 55 |
| Net Operating Income | 1,034 | 4,263 |
| Net Income | 1,034 | 4,263 |
| Cash Dividends Declared | 500 | 2,176 |
| Retained Earnings | 534 | 1,786 |