Herring Bank
Amarillo, TX — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Herring Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 16,234 | 10,872 |
Income from Lease Financing Receivables | 352 | 2 |
22 | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 11 | 22 |
Income on Loans and Leases (TE) | 16,597 | 10,941 |
Investment Interest Income (TE) | 1,033 | 2,007 |
Total Interest Income (TE) | 17,720 | 13,476 |
Total Interest Expense | 833 | 1,063 |
Net Interest Income (TE) | 16,887 | 12,338 |
Non-Interest Income | 7,163 | 2,639 |
Adjusted Operating Income (TE) | 24,050 | 15,335 |
Non-interest Expense | 20,334 | 9,693 |
Provision for Loan & Lease Losses | 1,013 | 524 |
Pretax Operating Income (TE) | 2,703 | 4,819 |
Pretax Net Operating Income (TE) | 9,820 | 4,946 |
Applicable Income Taxes | — | 576 |
Net Operating Income | 9,798 | 3,858 |
Net Income | 9,798 | 3,845 |
Cash Dividends Declared | 9,308 | 1,701 |
Retained Earnings | 490 | 1,997 |