Gnb Financial, National Association
Gainesville, TX — Domestic Branch of a Domestic Bank
Acquired Feb 2007
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Gnb Financial, National Association | All Insured Commercial Banks in Texas |
| Interest and Fees on Loans | 16,252 | 6,841 |
| Income from Lease Financing Receivables | — | 1,547 |
| 164 | 165 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 84 | 76 |
| Income on Loans and Leases (TE) | 16,336 | 6,886 |
| Investment Interest Income (TE) | 603 | 1,905 |
| Total Interest Income (TE) | 17,473 | 9,241 |
| Total Interest Expense | 3,687 | 3,230 |
| Net Interest Income (TE) | 13,786 | 6,023 |
| Non-Interest Income | 1,675 | 1,472 |
| Adjusted Operating Income (TE) | 15,461 | 7,576 |
| Non-interest Expense | 10,729 | 4,784 |
| Provision for Loan & Lease Losses | 584 | 571 |
| Pretax Operating Income (TE) | 4,148 | 5,543 |
| Pretax Net Operating Income (TE) | 4,014 | 5,534 |
| Applicable Income Taxes | 1,322 | 2,183 |
| Net Operating Income | 2,608 | 4,113 |
| Net Income | 2,608 | 4,075 |
| Cash Dividends Declared | — | 3,007 |
| Retained Earnings | 2,608 | 2,059 |