Alerus Financial, National Association
Grand Forks, ND — National Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Alerus Financial, National Association | All Insured Commercial Banks in North Dakota |
Interest and Fees on Loans | 63,490 | 7,878 |
Income from Lease Financing Receivables | 52 | 41 |
23 | 62 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 12 | 32 |
Income on Loans and Leases (TE) | 63,554 | 8,071 |
Investment Interest Income (TE) | 6,195 | 1,178 |
Total Interest Income (TE) | 70,429 | 9,503 |
Total Interest Expense | 3,560 | 749 |
Net Interest Income (TE) | 66,869 | 8,704 |
Non-Interest Income | 105,153 | 1,682 |
Adjusted Operating Income (TE) | 172,022 | 10,383 |
Non-interest Expense | 141,441 | 6,115 |
Provision for Loan & Lease Losses | 3,060 | 424 |
Pretax Operating Income (TE) | 27,521 | 3,789 |
Pretax Net Operating Income (TE) | 27,497 | 3,895 |
Applicable Income Taxes | 8,911 | 324 |
Net Operating Income | 17,997 | 3,002 |
Net Income | 17,997 | 3,002 |
Cash Dividends Declared | 10,150 | 1,740 |
Retained Earnings | 7,847 | 1,178 |