Grand Bank
Dallas, TX — Domestic Branch of a Domestic Bank
Acquired Nov 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Grand Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 9,009 | 7,512 |
Income from Lease Financing Receivables | — | 2 |
— | 25 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 9,009 | 7,552 |
Investment Interest Income (TE) | 828 | 1,514 |
Total Interest Income (TE) | 10,590 | 9,412 |
Total Interest Expense | 1,778 | 731 |
Net Interest Income (TE) | 8,812 | 8,629 |
Non-Interest Income | 1,034 | 1,851 |
Adjusted Operating Income (TE) | 9,846 | 10,730 |
Non-interest Expense | 7,069 | 6,789 |
Provision for Loan & Lease Losses | 150 | 232 |
Pretax Operating Income (TE) | 2,627 | 3,555 |
Pretax Net Operating Income (TE) | 2,627 | 3,623 |
Applicable Income Taxes | — | 436 |
Net Operating Income | 2,611 | 2,807 |
Net Income | 2,611 | 2,795 |
Cash Dividends Declared | — | 1,012 |
Retained Earnings | 2,611 | 1,627 |