Texas Coastal Bank
Pasadena, TX — Domestic Branch of a Domestic Bank
Acquired Aug 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Texas Coastal Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 587 | 3,997 |
Income from Lease Financing Receivables | — | 1 |
— | 14 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 7 |
Income on Loans and Leases (TE) | 587 | 4,019 |
Investment Interest Income (TE) | 55 | 926 |
Total Interest Income (TE) | 648 | 5,144 |
Total Interest Expense | 84 | 632 |
Net Interest Income (TE) | 564 | 4,483 |
Non-Interest Income | 78 | 967 |
Adjusted Operating Income (TE) | 642 | 5,544 |
Non-interest Expense | 1,040 | 3,651 |
Provision for Loan & Lease Losses | — | 182 |
Pretax Operating Income (TE) | -398 | 1,634 |
Pretax Net Operating Income (TE) | -398 | 1,750 |
Applicable Income Taxes | 5 | 182 |
Net Operating Income | -403 | 1,386 |
Net Income | -403 | 1,383 |
Cash Dividends Declared | — | 435 |
Retained Earnings | -403 | 791 |