Southern National Bank Of Texas
Sugar Land, TX — Domestic Branch of a Domestic Bank
Acquired Apr 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southern National Bank Of Texas | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 11,391 | 1,617 |
Income from Lease Financing Receivables | — | 433 |
— | 45 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 22 |
Income on Loans and Leases (TE) | 11,391 | 1,628 |
Investment Interest Income (TE) | 2,941 | 554 |
Total Interest Income (TE) | 14,588 | 2,187 |
Total Interest Expense | 5,953 | 711 |
Net Interest Income (TE) | 8,635 | 1,485 |
Non-Interest Income | 1,017 | 364 |
Adjusted Operating Income (TE) | 9,652 | 1,870 |
Non-interest Expense | 12,497 | 1,184 |
Provision for Loan & Lease Losses | — | 174 |
Pretax Operating Income (TE) | — | 1,345 |
Pretax Net Operating Income (TE) | — | 1,342 |
Applicable Income Taxes | — | 570 |
Net Operating Income | — | 991 |
Net Income | — | 979 |
Cash Dividends Declared | 3,500 | 919 |
Retained Earnings | — | 691 |