American State Bank Of Erskine
Erskine, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2014
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | American State Bank Of Erskine | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 293 | 2,186 |
| Income from Lease Financing Receivables | — | 4 |
| — | 20 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 10 |
| Income on Loans and Leases (TE) | 293 | 2,213 |
| Investment Interest Income (TE) | 64 | 335 |
| Total Interest Income (TE) | 387 | 2,620 |
| Total Interest Expense | 13 | 256 |
| Net Interest Income (TE) | 374 | 2,352 |
| Non-Interest Income | 71 | 405 |
| Adjusted Operating Income (TE) | 445 | 2,783 |
| Non-interest Expense | 346 | 1,880 |
| Provision for Loan & Lease Losses | 1 | 42 |
| Pretax Operating Income (TE) | 98 | 826 |
| Pretax Net Operating Income (TE) | 98 | 838 |
| Applicable Income Taxes | — | 42 |
| Net Operating Income | 98 | 718 |
| Net Income | 98 | 728 |
| Cash Dividends Declared | 38 | 425 |
| Retained Earnings | 60 | 257 |