American Federal Bank
Fargo, ND — Federal Savings Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | American Federal Bank |
Interest and Fees on Loans | 21,270 |
Income from Lease Financing Receivables | 153 |
156 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 80 |
Income on Loans and Leases (TE) | 21,503 |
Investment Interest Income (TE) | 1,030 |
Total Interest Income (TE) | 22,840 |
Total Interest Expense | 2,680 |
Net Interest Income (TE) | 20,160 |
Non-Interest Income | 3,413 |
Adjusted Operating Income (TE) | 23,573 |
Non-interest Expense | 15,584 |
Provision for Loan & Lease Losses | 1,696 |
Pretax Operating Income (TE) | 6,293 |
Pretax Net Operating Income (TE) | 6,975 |
Applicable Income Taxes | 4 |
Net Operating Income | 6,891 |
Net Income | 6,891 |
Cash Dividends Declared | 4,800 |
Retained Earnings | 2,091 |