Anchor Bank Heritage, National Association
North Saint Paul, MN — Domestic Branch of a Domestic Bank
Acquired Nov 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Anchor Bank Heritage, National Association | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 7,974 | 3,738 |
Income from Lease Financing Receivables | 49 | 336 |
326 | 135 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 153 | 63 |
Income on Loans and Leases (TE) | 8,176 | 3,783 |
Investment Interest Income (TE) | 849 | 547 |
Total Interest Income (TE) | 9,042 | 4,415 |
Total Interest Expense | 2,578 | 1,420 |
Net Interest Income (TE) | 6,464 | 2,975 |
Non-Interest Income | 996 | 627 |
Adjusted Operating Income (TE) | 7,460 | 3,531 |
Non-interest Expense | 6,378 | 2,458 |
Provision for Loan & Lease Losses | 842 | 1,345 |
Pretax Operating Income (TE) | 240 | 1,164 |
Pretax Net Operating Income (TE) | 575 | 1,214 |
Applicable Income Taxes | — | 190 |
Net Operating Income | 383 | 997 |
Net Income | 383 | 997 |
Cash Dividends Declared | — | 832 |
Retained Earnings | 383 | 591 |