Lost Pines National Bank
Smithville, TX — Domestic Branch of a Domestic Bank
Acquired Mar 2004
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Lost Pines National Bank | All Insured Commercial Banks in Texas |
| Interest and Fees on Loans | 1,403 | 4,504 |
| Income from Lease Financing Receivables | — | 568 |
| 24 | 109 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 12 | 55 |
| Income on Loans and Leases (TE) | 1,415 | 4,536 |
| Investment Interest Income (TE) | 492 | 1,389 |
| Total Interest Income (TE) | 1,951 | 6,067 |
| Total Interest Expense | 342 | 1,474 |
| Net Interest Income (TE) | 1,609 | 4,583 |
| Non-Interest Income | 589 | 1,292 |
| Adjusted Operating Income (TE) | 2,198 | 5,945 |
| Non-interest Expense | 1,619 | 3,888 |
| Provision for Loan & Lease Losses | 9 | 605 |
| Pretax Operating Income (TE) | 570 | 3,816 |
| Pretax Net Operating Income (TE) | 572 | 3,973 |
| Applicable Income Taxes | 122 | 1,469 |
| Net Operating Income | 390 | 2,851 |
| Net Income | 390 | 2,887 |
| Cash Dividends Declared | 264 | 1,882 |
| Retained Earnings | 126 | 1,668 |