Texas State Bank
Mcallen, TX — Domestic Branch of a Domestic Bank
Acquired Mar 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Texas State Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 363,411 | 7,756 |
Income from Lease Financing Receivables | 27 | 4,134 |
5,165 | 239 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2,059 | 117 |
Income on Loans and Leases (TE) | 365,497 | 7,814 |
Investment Interest Income (TE) | 111,080 | 2,363 |
Total Interest Income (TE) | 487,282 | 10,381 |
Total Interest Expense | 217,202 | 4,045 |
Net Interest Income (TE) | 270,080 | 6,364 |
Non-Interest Income | 79,554 | 1,604 |
Adjusted Operating Income (TE) | 349,634 | 8,004 |
Non-interest Expense | 193,870 | 5,158 |
Provision for Loan & Lease Losses | 22,571 | 1,230 |
Pretax Operating Income (TE) | 133,193 | 8,305 |
Pretax Net Operating Income (TE) | 133,224 | 8,264 |
Applicable Income Taxes | 42,359 | 3,911 |
Net Operating Income | 85,980 | 5,979 |
Net Income | 85,980 | 5,986 |
Cash Dividends Declared | — | 4,278 |
Retained Earnings | 85,980 | 2,744 |