Western Bank & Trust
Duncanville, TX — Domestic Branch of a Domestic Bank
Acquired Aug 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Western Bank & Trust | All Insured Commercial Banks in Texas |
Interest and Fees on Loans | 3,484 | 2,257 |
Income from Lease Financing Receivables | — | 302 |
— | 58 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 30 |
Income on Loans and Leases (TE) | 3,484 | 2,273 |
Investment Interest Income (TE) | 570 | 790 |
Total Interest Income (TE) | 4,086 | 3,097 |
Total Interest Expense | 415 | 790 |
Net Interest Income (TE) | 3,671 | 2,288 |
Non-Interest Income | 1,013 | 659 |
Adjusted Operating Income (TE) | 4,684 | 2,985 |
Non-interest Expense | 3,021 | 1,929 |
Provision for Loan & Lease Losses | 150 | 341 |
Pretax Operating Income (TE) | 1,513 | 2,187 |
Pretax Net Operating Income (TE) | 1,514 | 2,308 |
Applicable Income Taxes | 436 | 929 |
Net Operating Income | 1,076 | 1,654 |
Net Income | 1,076 | 1,655 |
Cash Dividends Declared | — | 1,245 |
Retained Earnings | 1,076 | 1,060 |