High Desert State Bank
Albuquerque, NM — Non-member Bank
Acquired Jun 2010
Net Income Analysis
( % relative to Total Revenue )
Income Statement | High Desert State Bank | All Insured Commercial Banks in New Mexico |
Interest and Fees on Loans | 646 | 2,872 |
Income from Lease Financing Receivables | — | 53 |
— | 131 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 81 |
Income on Loans and Leases (TE) | 646 | 2,877 |
Investment Interest Income (TE) | — | 923 |
Total Interest Income (TE) | 668 | 3,161 |
Total Interest Expense | 310 | 586 |
Net Interest Income (TE) | 358 | 2,542 |
Non-Interest Income | -1,337 | 482 |
Adjusted Operating Income (TE) | -979 | 3,067 |
Non-interest Expense | 868 | 1,948 |
Provision for Loan & Lease Losses | 1,800 | 1,283 |
Pretax Operating Income (TE) | -3,647 | 737 |
Pretax Net Operating Income (TE) | -3,647 | 812 |
Applicable Income Taxes | — | 677 |
Net Operating Income | -3,647 | 589 |
Net Income | -3,647 | 589 |
Cash Dividends Declared | — | 733 |
Retained Earnings | -3,647 | 166 |