Independent Bank
Mckinney, TX — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Independent Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 203,577 | 10,872 |
Income from Lease Financing Receivables | — | 2 |
1,247 | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 671 | 22 |
Income on Loans and Leases (TE) | 204,248 | 10,941 |
Investment Interest Income (TE) | 5,401 | 2,007 |
Total Interest Income (TE) | 211,672 | 13,476 |
Total Interest Expense | 20,196 | 1,063 |
Net Interest Income (TE) | 191,476 | 12,338 |
Non-Interest Income | 19,475 | 2,639 |
Adjusted Operating Income (TE) | 210,951 | 15,335 |
Non-interest Expense | 104,502 | 9,693 |
Provision for Loan & Lease Losses | 9,440 | 524 |
Pretax Operating Income (TE) | 97,009 | 4,819 |
Pretax Net Operating Income (TE) | 97,013 | 4,946 |
Applicable Income Taxes | 31,930 | 576 |
Net Operating Income | 63,460 | 3,858 |
Net Income | 63,460 | 3,845 |
Cash Dividends Declared | 36,000 | 1,701 |
Retained Earnings | 27,460 | 1,997 |