The First State Bank
Hallsville, TX — Domestic Branch of a Domestic Bank
Acquired Jul 2013
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The First State Bank | All Insured Commercial Banks in Texas |
| Interest and Fees on Loans | 315 | 4,145 |
| Income from Lease Financing Receivables | — | 1 |
| 2 | 13 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 6 |
| Income on Loans and Leases (TE) | 316 | 4,167 |
| Investment Interest Income (TE) | 90 | 817 |
| Total Interest Income (TE) | 418 | 5,177 |
| Total Interest Expense | 29 | 522 |
| Net Interest Income (TE) | 389 | 4,622 |
| Non-Interest Income | 196 | 1,062 |
| Adjusted Operating Income (TE) | 585 | 5,801 |
| Non-interest Expense | 462 | 3,902 |
| Provision for Loan & Lease Losses | — | 120 |
| Pretax Operating Income (TE) | 123 | 1,732 |
| Pretax Net Operating Income (TE) | 123 | 1,809 |
| Applicable Income Taxes | 26 | 190 |
| Net Operating Income | 96 | 1,418 |
| Net Income | 96 | 1,413 |
| Cash Dividends Declared | — | 470 |
| Retained Earnings | 96 | 841 |