Net Income Analysis ( % relative to Total Revenue )
Income Statement Spirit Of Texas Bank, Ssb All Insured Savings Banks in Texas
Interest and Fees on Loans 40,378 25,416
Income from Lease Financing Receivables 693 37
1,618 19
Estimated Tax Benefit from Tax-Exempt Loan Income 647 10
Income on Loans and Leases (TE) 41,718 25,508
Investment Interest Income (TE) 194 1,744
Total Interest Income (TE) 42,487 27,653
Total Interest Expense 6,617 2,983
Net Interest Income (TE) 35,870 24,676
Non-Interest Income 7,952 8,040
Adjusted Operating Income (TE) 43,822 32,713
Non-interest Expense 32,109 20,373
Provision for Loan & Lease Losses 1,617 900
Pretax Operating Income (TE) 10,096 11,517
Pretax Net Operating Income (TE) 10,149 11,901
Applicable Income Taxes 2,820 1,411
Net Operating Income 6,682 10,708
Net Income 6,682 10,708
Cash Dividends Declared — 4,954
Retained Earnings 6,682 5,973