Veritex Community Bank
Dallas, TX — State Member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Veritex Community Bank | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 44,682 | 10,872 |
Income from Lease Financing Receivables | — | 2 |
— | 44 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 22 |
Income on Loans and Leases (TE) | 44,682 | 10,941 |
Investment Interest Income (TE) | 1,480 | 2,007 |
Total Interest Income (TE) | 46,884 | 13,476 |
Total Interest Expense | 5,254 | 1,063 |
Net Interest Income (TE) | 41,630 | 12,338 |
Non-Interest Income | 6,269 | 2,639 |
Adjusted Operating Income (TE) | 47,899 | 15,335 |
Non-interest Expense | 25,399 | 9,693 |
Provision for Loan & Lease Losses | 2,050 | 524 |
Pretax Operating Income (TE) | 20,450 | 4,819 |
Pretax Net Operating Income (TE) | 20,465 | 4,946 |
Applicable Income Taxes | 6,947 | 576 |
Net Operating Income | 13,447 | 3,858 |
Net Income | 13,447 | 3,845 |
Cash Dividends Declared | — | 1,701 |
Retained Earnings | 13,447 | 1,997 |