Southwest Securities , Fsb
Dallas, TX — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southwest Securities , Fsb | All Insured Savings Banks in Texas |
Interest and Fees on Loans | 26,834 | 17,795 |
Income from Lease Financing Receivables | 5 | 9 |
— | 6 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 26,839 | 17,837 |
Investment Interest Income (TE) | 10,315 | 1,378 |
Total Interest Income (TE) | 37,603 | 19,352 |
Total Interest Expense | 2,322 | 1,866 |
Net Interest Income (TE) | 35,281 | 17,489 |
Non-Interest Income | -1,719 | 5,781 |
Adjusted Operating Income (TE) | 33,562 | 23,215 |
Non-interest Expense | 31,551 | 15,546 |
Provision for Loan & Lease Losses | -2,240 | 313 |
Pretax Operating Income (TE) | 4,251 | 7,881 |
Pretax Net Operating Income (TE) | 5,048 | 7,901 |
Applicable Income Taxes | 1,486 | 823 |
Net Operating Income | 3,258 | 6,997 |
Net Income | 3,258 | 6,995 |
Cash Dividends Declared | — | 3,276 |
Retained Earnings | 3,258 | 3,720 |