Lea County State Bank
Hobbs, NM — State Member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Lea County State Bank | All Insured Commercial Banks in New Mexico |
Interest and Fees on Loans | 3,266 | 9,599 |
Income from Lease Financing Receivables | 10 | 3 |
67 | 56 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 34 | 29 |
Income on Loans and Leases (TE) | 3,310 | 9,634 |
Investment Interest Income (TE) | 6,495 | 2,848 |
Total Interest Income (TE) | 9,847 | 12,748 |
Total Interest Expense | 534 | 719 |
Net Interest Income (TE) | 9,313 | 12,029 |
Non-Interest Income | 2,182 | 2,506 |
Adjusted Operating Income (TE) | 11,495 | 14,643 |
Non-interest Expense | 7,075 | 9,471 |
Provision for Loan & Lease Losses | 1,010 | 373 |
Pretax Operating Income (TE) | 3,410 | 4,279 |
Pretax Net Operating Income (TE) | 5,029 | 4,437 |
Applicable Income Taxes | — | 55 |
Net Operating Income | 3,338 | 4,263 |
Net Income | 3,338 | 4,263 |
Cash Dividends Declared | 1,190 | 2,176 |
Retained Earnings | 2,148 | 1,786 |