Woodforest Bank
Refugio, TX — Domestic Branch of a Domestic Bank
Acquired May 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Woodforest Bank | All Insured Savings Banks in Texas |
Interest and Fees on Loans | 195 | 3,400 |
Income from Lease Financing Receivables | — | 47 |
— | 37 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 20 |
Income on Loans and Leases (TE) | 195 | 3,406 |
Investment Interest Income (TE) | 63 | 704 |
Total Interest Income (TE) | 284 | 4,066 |
Total Interest Expense | 108 | 1,479 |
Net Interest Income (TE) | 176 | 2,521 |
Non-Interest Income | — | 970 |
Adjusted Operating Income (TE) | 176 | 3,096 |
Non-interest Expense | 133 | 1,528 |
Provision for Loan & Lease Losses | — | 220 |
Pretax Operating Income (TE) | 43 | 2,353 |
Pretax Net Operating Income (TE) | 43 | 2,353 |
Applicable Income Taxes | — | 590 |
Net Operating Income | 43 | 2,020 |
Net Income | 43 | 2,025 |
Cash Dividends Declared | — | 1,353 |
Retained Earnings | 43 | 2,062 |