The First State Bank
Celina, TX — Domestic Branch of a Domestic Bank
Acquired Jan 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The First State Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 3,082 | 3,448 |
Income from Lease Financing Receivables | — | 565 |
26 | 88 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 13 | 45 |
Income on Loans and Leases (TE) | 3,095 | 3,475 |
Investment Interest Income (TE) | 404 | 1,160 |
Total Interest Income (TE) | 3,522 | 4,673 |
Total Interest Expense | 537 | 985 |
Net Interest Income (TE) | 2,985 | 3,673 |
Non-Interest Income | 805 | 1,043 |
Adjusted Operating Income (TE) | 3,790 | 4,755 |
Non-interest Expense | 3,079 | 3,060 |
Provision for Loan & Lease Losses | — | 420 |
Pretax Operating Income (TE) | 711 | 3,277 |
Pretax Net Operating Income (TE) | 742 | 3,336 |
Applicable Income Taxes | — | 1,343 |
Net Operating Income | 724 | 2,411 |
Net Income | 724 | 2,408 |
Cash Dividends Declared | — | 1,755 |
Retained Earnings | 724 | 1,507 |