Midsouth Bank-Texas, National Association
Beaumont, TX — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Midsouth Bank-Texas, National Association | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 9,327 | 7,756 |
Income from Lease Financing Receivables | — | 4,134 |
— | 239 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 117 |
Income on Loans and Leases (TE) | 9,327 | 7,814 |
Investment Interest Income (TE) | 730 | 2,363 |
Total Interest Income (TE) | 10,114 | 10,381 |
Total Interest Expense | 3,935 | 4,045 |
Net Interest Income (TE) | 6,179 | 6,364 |
Non-Interest Income | 1,865 | 1,604 |
Adjusted Operating Income (TE) | 8,044 | 8,004 |
Non-interest Expense | 7,983 | 5,158 |
Provision for Loan & Lease Losses | 725 | 1,230 |
Pretax Operating Income (TE) | — | 8,305 |
Pretax Net Operating Income (TE) | — | 8,264 |
Applicable Income Taxes | — | 3,911 |
Net Operating Income | — | 5,979 |
Net Income | — | 5,986 |
Cash Dividends Declared | — | 4,278 |
Retained Earnings | — | 2,744 |