Secured Trust Bank
Tyler, TX — Domestic Branch of a Domestic Bank
Acquired Aug 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Secured Trust Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 757 | 2,257 |
Income from Lease Financing Receivables | — | 302 |
— | 58 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 30 |
Income on Loans and Leases (TE) | 757 | 2,273 |
Investment Interest Income (TE) | 482 | 790 |
Total Interest Income (TE) | 1,251 | 3,097 |
Total Interest Expense | 422 | 790 |
Net Interest Income (TE) | 829 | 2,288 |
Non-Interest Income | 774 | 659 |
Adjusted Operating Income (TE) | 1,603 | 2,985 |
Non-interest Expense | 1,052 | 1,929 |
Provision for Loan & Lease Losses | 27 | 341 |
Pretax Operating Income (TE) | 524 | 2,187 |
Pretax Net Operating Income (TE) | 524 | 2,308 |
Applicable Income Taxes | 9 | 929 |
Net Operating Income | 515 | 1,654 |
Net Income | 515 | 1,655 |
Cash Dividends Declared | 284 | 1,245 |
Retained Earnings | 231 | 1,060 |