Friona State Bank, N.A.
Friona, TX — Domestic Branch of a Domestic Bank
Acquired Dec 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Friona State Bank, N.A. | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 3,087 | 5,916 |
Income from Lease Financing Receivables | — | 1 |
16 | 23 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 10 |
Income on Loans and Leases (TE) | 3,094 | 5,962 |
Investment Interest Income (TE) | — | 1,357 |
Total Interest Income (TE) | 3,108 | 7,573 |
Total Interest Expense | 446 | 1,510 |
Net Interest Income (TE) | 2,662 | 6,005 |
Non-Interest Income | 345 | 1,223 |
Adjusted Operating Income (TE) | 3,007 | 7,305 |
Non-interest Expense | 1,429 | 4,957 |
Provision for Loan & Lease Losses | -48 | 535 |
Pretax Operating Income (TE) | 1,626 | 1,781 |
Pretax Net Operating Income (TE) | 1,626 | 1,894 |
Applicable Income Taxes | — | 178 |
Net Operating Income | 1,619 | 1,508 |
Net Income | 1,619 | 1,531 |
Cash Dividends Declared | 1,475 | 526 |
Retained Earnings | 144 | 887 |