Anchor Bank National Association
Wayzata, MN — Domestic Branch of a Domestic Bank
Acquired Nov 2009
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Anchor Bank National Association | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 11,237 | 3,738 |
Income from Lease Financing Receivables | — | 336 |
143 | 135 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 68 | 63 |
Income on Loans and Leases (TE) | 11,305 | 3,783 |
Investment Interest Income (TE) | 2,657 | 547 |
Total Interest Income (TE) | 14,087 | 4,415 |
Total Interest Expense | 3,587 | 1,420 |
Net Interest Income (TE) | 10,500 | 2,975 |
Non-Interest Income | 1,438 | 627 |
Adjusted Operating Income (TE) | 11,938 | 3,531 |
Non-interest Expense | 7,512 | 2,458 |
Provision for Loan & Lease Losses | 1,500 | 1,345 |
Pretax Operating Income (TE) | 2,926 | 1,164 |
Pretax Net Operating Income (TE) | 2,613 | 1,214 |
Applicable Income Taxes | 761 | 190 |
Net Operating Income | 1,638 | 997 |
Net Income | 1,638 | 997 |
Cash Dividends Declared | 600 | 832 |
Retained Earnings | 1,038 | 591 |