Summit Bank, National Association
Fort Worth, TX — Domestic Branch of a Domestic Bank
Acquired Dec 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Summit Bank, National Association | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 48,827 | 5,036 |
Income from Lease Financing Receivables | — | 1,117 |
— | 137 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 64 |
Income on Loans and Leases (TE) | 48,827 | 5,068 |
Investment Interest Income (TE) | 7,541 | 1,622 |
Total Interest Income (TE) | 56,585 | 6,803 |
Total Interest Expense | 18,068 | 2,313 |
Net Interest Income (TE) | 38,517 | 4,498 |
Non-Interest Income | 6,169 | 1,102 |
Adjusted Operating Income (TE) | 44,686 | 5,660 |
Non-interest Expense | 24,876 | 3,530 |
Provision for Loan & Lease Losses | 3,515 | 544 |
Pretax Operating Income (TE) | 16,295 | 4,277 |
Pretax Net Operating Income (TE) | 16,295 | 4,278 |
Applicable Income Taxes | 5,727 | 1,730 |
Net Operating Income | 10,320 | 3,170 |
Net Income | 10,320 | 3,146 |
Cash Dividends Declared | 3,250 | 2,572 |
Retained Earnings | 7,070 | 1,710 |