Pilgrim Bank Texas
Clarendon, TX — Domestic Branch of a Domestic Bank
Acquired Nov 2009
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Pilgrim Bank Texas | All Insured Commercial Banks in Texas |
| Interest and Fees on Loans | 446 | 5,700 |
| Income from Lease Financing Receivables | — | 2,324 |
| 30 | 191 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 14 | 97 |
| Income on Loans and Leases (TE) | 460 | 5,750 |
| Investment Interest Income (TE) | 218 | 2,271 |
| Total Interest Income (TE) | 685 | 7,501 |
| Total Interest Expense | 230 | 1,937 |
| Net Interest Income (TE) | 455 | 5,516 |
| Non-Interest Income | 100 | 1,303 |
| Adjusted Operating Income (TE) | 555 | 6,834 |
| Non-interest Expense | 371 | 4,639 |
| Provision for Loan & Lease Losses | 1 | 4,053 |
| Pretax Operating Income (TE) | 183 | 4,385 |
| Pretax Net Operating Income (TE) | 204 | 4,579 |
| Applicable Income Taxes | 57 | 1,885 |
| Net Operating Income | 111 | 3,575 |
| Net Income | 111 | 3,566 |
| Cash Dividends Declared | 110 | 2,081 |
| Retained Earnings | 1 | 2,343 |