The First State Bank
Bishop, TX — Domestic Branch of a Domestic Bank
Acquired Feb 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The First State Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 1,481 | 4,570 |
Income from Lease Financing Receivables | — | 523 |
5 | 104 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 3 | 54 |
Income on Loans and Leases (TE) | 1,484 | 4,602 |
Investment Interest Income (TE) | 396 | 1,703 |
Total Interest Income (TE) | 1,936 | 6,462 |
Total Interest Expense | 572 | 1,882 |
Net Interest Income (TE) | 1,364 | 4,546 |
Non-Interest Income | 317 | 1,223 |
Adjusted Operating Income (TE) | 1,681 | 5,826 |
Non-interest Expense | 1,414 | 3,733 |
Provision for Loan & Lease Losses | 15 | 774 |
Pretax Operating Income (TE) | 252 | 4,646 |
Pretax Net Operating Income (TE) | 259 | 4,853 |
Applicable Income Taxes | — | 1,853 |
Net Operating Income | 241 | 3,383 |
Net Income | 241 | 3,382 |
Cash Dividends Declared | — | 2,436 |
Retained Earnings | 241 | 1,744 |