Legacytexas Bank
Plano, TX — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Legacytexas Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 67,890 | 9,221 |
Income from Lease Financing Receivables | 1,258 | 1 |
— | 31 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 69,148 | 9,267 |
Investment Interest Income (TE) | 4,682 | 1,966 |
Total Interest Income (TE) | 74,487 | 11,637 |
Total Interest Expense | 4,337 | 964 |
Net Interest Income (TE) | 70,150 | 10,625 |
Non-Interest Income | 19,178 | 2,371 |
Adjusted Operating Income (TE) | 89,328 | 13,238 |
Non-interest Expense | 55,140 | 8,538 |
Provision for Loan & Lease Losses | — | 272 |
Pretax Operating Income (TE) | 34,188 | 4,291 |
Pretax Net Operating Income (TE) | 34,241 | 4,357 |
Applicable Income Taxes | 54 | 481 |
Net Operating Income | 33,728 | 3,397 |
Net Income | 33,728 | 3,388 |
Cash Dividends Declared | 26,694 | 1,366 |
Retained Earnings | 7,034 | 1,822 |