Independent Bank Of Texas
Irving, TX — Domestic Branch of a Domestic Bank
Acquired Jul 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Independent Bank Of Texas | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 2,678 | 4,884 |
Income from Lease Financing Receivables | — | 1 |
— | 16 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 8 |
Income on Loans and Leases (TE) | 2,678 | 4,910 |
Investment Interest Income (TE) | 35 | 998 |
Total Interest Income (TE) | 2,748 | 6,140 |
Total Interest Expense | 336 | 480 |
Net Interest Income (TE) | 2,412 | 5,626 |
Non-Interest Income | 592 | 1,193 |
Adjusted Operating Income (TE) | 3,004 | 6,973 |
Non-interest Expense | 2,858 | 4,445 |
Provision for Loan & Lease Losses | 416 | 152 |
Pretax Operating Income (TE) | -270 | 2,280 |
Pretax Net Operating Income (TE) | -254 | 2,333 |
Applicable Income Taxes | 3 | 282 |
Net Operating Income | -257 | 1,806 |
Net Income | -257 | 1,799 |
Cash Dividends Declared | — | 644 |
Retained Earnings | -257 | 1,008 |