Maxim Bank
Dickinson, TX — Domestic Branch of a Domestic Bank
Acquired Jul 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Maxim Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 3,551 | 2,257 |
Income from Lease Financing Receivables | — | 302 |
7 | 58 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 4 | 30 |
Income on Loans and Leases (TE) | 3,555 | 2,273 |
Investment Interest Income (TE) | 3,998 | 790 |
Total Interest Income (TE) | 7,621 | 3,097 |
Total Interest Expense | 1,499 | 790 |
Net Interest Income (TE) | 6,122 | 2,288 |
Non-Interest Income | 2,476 | 659 |
Adjusted Operating Income (TE) | 8,598 | 2,985 |
Non-interest Expense | 6,396 | 1,929 |
Provision for Loan & Lease Losses | 130 | 341 |
Pretax Operating Income (TE) | 2,072 | 2,187 |
Pretax Net Operating Income (TE) | 7,334 | 2,308 |
Applicable Income Taxes | 2,169 | 929 |
Net Operating Income | 4,822 | 1,654 |
Net Income | 4,822 | 1,655 |
Cash Dividends Declared | — | 1,245 |
Retained Earnings | 4,822 | 1,060 |