Mercantile Bank Texas
Fort Worth, TX — Domestic Branch of a Domestic Bank
Acquired Aug 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mercantile Bank Texas | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 4,878 | 2,242 |
Income from Lease Financing Receivables | — | 414 |
— | 58 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 30 |
Income on Loans and Leases (TE) | 4,878 | 2,260 |
Investment Interest Income (TE) | 394 | 748 |
Total Interest Income (TE) | 5,322 | 3,053 |
Total Interest Expense | 481 | 641 |
Net Interest Income (TE) | 4,841 | 2,401 |
Non-Interest Income | 655 | 661 |
Adjusted Operating Income (TE) | 5,496 | 3,105 |
Non-interest Expense | 3,479 | 2,016 |
Provision for Loan & Lease Losses | 833 | 272 |
Pretax Operating Income (TE) | 1,184 | 2,098 |
Pretax Net Operating Income (TE) | 1,184 | 2,138 |
Applicable Income Taxes | 355 | 881 |
Net Operating Income | 820 | 1,545 |
Net Income | 820 | 1,545 |
Cash Dividends Declared | — | 1,221 |
Retained Earnings | 820 | 1,078 |