Heritage National Bank
Granbury, TX — Domestic Branch of a Domestic Bank
Acquired Oct 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Heritage National Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 4,979 | 4,146 |
Income from Lease Financing Receivables | 226 | 815 |
226 | 103 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 116 | 52 |
Income on Loans and Leases (TE) | 5,321 | 4,174 |
Investment Interest Income (TE) | 3,888 | 1,266 |
Total Interest Income (TE) | 9,280 | 5,515 |
Total Interest Expense | 3,345 | 1,439 |
Net Interest Income (TE) | 5,935 | 4,064 |
Non-Interest Income | 1,628 | 1,036 |
Adjusted Operating Income (TE) | 7,563 | 5,193 |
Non-interest Expense | 4,789 | 3,290 |
Provision for Loan & Lease Losses | 185 | 438 |
Pretax Operating Income (TE) | 2,589 | 3,819 |
Pretax Net Operating Income (TE) | 2,595 | 3,823 |
Applicable Income Taxes | 47 | 1,556 |
Net Operating Income | 2,080 | 2,796 |
Net Income | 2,288 | 2,797 |
Cash Dividends Declared | 980 | 1,686 |
Retained Earnings | 1,308 | 1,917 |