American State Bank Of Olivia
Olivia, MN — Domestic Branch of a Domestic Bank
Acquired Oct 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | American State Bank Of Olivia | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 3,301 | 3,229 |
Income from Lease Financing Receivables | 194 | 817 |
34 | 84 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 18 | 41 |
Income on Loans and Leases (TE) | 3,513 | 3,263 |
Investment Interest Income (TE) | 39 | 488 |
Total Interest Income (TE) | 3,605 | 3,751 |
Total Interest Expense | 1,265 | 1,097 |
Net Interest Income (TE) | 2,340 | 2,657 |
Non-Interest Income | 49 | 439 |
Adjusted Operating Income (TE) | 2,389 | 3,104 |
Non-interest Expense | 1,233 | 1,852 |
Provision for Loan & Lease Losses | 368 | 210 |
Pretax Operating Income (TE) | 788 | 2,385 |
Pretax Net Operating Income (TE) | 788 | 2,410 |
Applicable Income Taxes | 659 | 681 |
Net Operating Income | 111 | 1,903 |
Net Income | 111 | 1,903 |
Cash Dividends Declared | 150 | 1,351 |
Retained Earnings | — | 947 |