Ranchers Banks
Belen, NM — Domestic Branch of a Domestic Bank
Acquired Jan 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Ranchers Banks | All Insured Commercial Banks in New Mexico |
Interest and Fees on Loans | 3,655 | 10,523 |
Income from Lease Financing Receivables | — | 73 |
— | 133 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 64 |
Income on Loans and Leases (TE) | 3,655 | 10,553 |
Investment Interest Income (TE) | 2,545 | 2,744 |
Total Interest Income (TE) | 6,431 | 11,384 |
Total Interest Expense | 1,086 | 3,134 |
Net Interest Income (TE) | 5,345 | 8,250 |
Non-Interest Income | 1,171 | 1,880 |
Adjusted Operating Income (TE) | 6,516 | 10,129 |
Non-interest Expense | 4,973 | 6,001 |
Provision for Loan & Lease Losses | — | 472 |
Pretax Operating Income (TE) | 3,679 | 5,388 |
Pretax Net Operating Income (TE) | 3,699 | 5,485 |
Applicable Income Taxes | 1,324 | 2,470 |
Net Operating Income | 2,368 | 3,984 |
Net Income | 2,368 | 3,984 |
Cash Dividends Declared | — | 3,350 |
Retained Earnings | 2,368 | 1,884 |