Independent Bank Group Inc (IBTX) Annual Income Statement

Annual · GAAP · USD millions
Access IBTX quarterly income statements →
Reviewing income statement figures over time helps illustrate how Independent Bank Group Inc generates earnings and manages operating expenses.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2023)
2023
(Dec 31 2022) (Dec 31 2021) (Dec 31 2020) (Dec 31 2019)
Revenues
Interest and Fee Income, Loans and Leases792.66
Interest and Dividend Income, Securities, Operating10.28
Other Income68.80
Total Interest Income871.74
Interest Expense, Deposits358.41
Interest Expense, Federal Home Loan Bank and Federal Reserve Bank Advances, Short-term35.71
Interest Expense, Long-term Debt and Capital Securities16.02
Interest Expense, Borrowings0.00
Net Interest (-)Expense / Income-414.85
Net Interest Income456.88
Provision for loan losses4.13
Total Net Interest Income452.75
Service Fees, Investment Banking, Brokerage and Other Transactions9.65
Other Non-interest Income14.33
Gain (Loss) on Disposition of Assets and Other Investments0.32
Loss / Gain on Investment-1.80
Other Non-Interest Income14.65
Total Non-interest Income51.11
Total Revenues503.86
Costs & Expenses
Salaries & employee benefits, SGA2.61
Restructuring, Accretion & impairment charges-5.22
Unusual Expense /-Income-102.50
Depreciation & Amortization12.44
Foreclosed Real Estate Expense0.00
Communications, Occupancy and Information Technology-47.43
Professional Fees-7.95
Federal Deposit Insurance Corporation Premium Expense-22.15
Other Noninterest Expense-41.60
Other loss /-income-210.16
Total Operating Expenses-426.67
Total Costs & Expenses-11.81
Income & Taxes
Income /-loss before income taxes52.32
Income taxes expenses/-benefit9.12
Income after income taxes43.20
Net income/-loss of other equity0.00
Income /-loss after income taxes43.20
Net Income/-loss43.20
Preferred dividends0.00
Income/-loss to shareholder43.20
Earnings Per Share
Basic EPS (excl. extra items)1.05
Basic Net EPS1.05
Basic shares outstanding (Mill. of Units)41.18
Diluted Net EPS1.04
Diluted average shares (Mill. of Units)41.27
Dividend per share1.51
4 historic quarters locked

Sign in to unlock the full Independent Bank Group Inc income statement history.

About Independent Bank Group Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 20, 2024
  • Original filing: ibtx-20231231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.