Southwestern Bank
Oklahoma City, OK — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Southwestern Bank | All Insured Commercial Banks in Oklahoma |
Interest and Fees on Loans | 4,304 | 3,241 |
Income from Lease Financing Receivables | — | 149 |
— | 67 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 33 |
Income on Loans and Leases (TE) | 4,304 | 3,271 |
Investment Interest Income (TE) | 721 | 840 |
Total Interest Income (TE) | 5,057 | 4,211 |
Total Interest Expense | 1,116 | 1,161 |
Net Interest Income (TE) | 3,941 | 3,035 |
Non-Interest Income | 857 | 688 |
Adjusted Operating Income (TE) | 4,798 | 3,760 |
Non-interest Expense | 4,149 | 2,341 |
Provision for Loan & Lease Losses | — | 365 |
Pretax Operating Income (TE) | 799 | 1,523 |
Pretax Net Operating Income (TE) | 809 | 1,521 |
Applicable Income Taxes | 252 | 1,338 |
Net Operating Income | 514 | 1,252 |
Net Income | 514 | 1,254 |
Cash Dividends Declared | 100 | 1,958 |
Retained Earnings | 414 | 845 |