21St Century Bank
Loretto, MN — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | 21St Century Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 13,118 | 4,864 |
Income from Lease Financing Receivables | — | 12 |
— | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 20 |
Income on Loans and Leases (TE) | 13,118 | 4,921 |
Investment Interest Income (TE) | 885 | 592 |
Total Interest Income (TE) | 14,157 | 5,709 |
Total Interest Expense | 1,353 | 508 |
Net Interest Income (TE) | 12,804 | 5,181 |
Non-Interest Income | 1,057 | 905 |
Adjusted Operating Income (TE) | 13,861 | 6,155 |
Non-interest Expense | 7,815 | 4,018 |
Provision for Loan & Lease Losses | 332 | 126 |
Pretax Operating Income (TE) | 5,714 | 1,907 |
Pretax Net Operating Income (TE) | 5,772 | 1,940 |
Applicable Income Taxes | 2,265 | 97 |
Net Operating Income | 3,439 | 1,682 |
Net Income | 3,439 | 1,683 |
Cash Dividends Declared | 1,500 | 1,029 |
Retained Earnings | 1,939 | 636 |