Bank 360
Beresford, SD — Domestic Branch of a Domestic Bank
Acquired Jan 2013
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Bank 360 |
| Interest and Fees on Loans | 1,511 |
| Income from Lease Financing Receivables | — |
| — | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — |
| Income on Loans and Leases (TE) | 1,511 |
| Investment Interest Income (TE) | 175 |
| Total Interest Income (TE) | 1,694 |
| Total Interest Expense | 197 |
| Net Interest Income (TE) | 1,497 |
| Non-Interest Income | 693 |
| Adjusted Operating Income (TE) | 2,190 |
| Non-interest Expense | 2,213 |
| Provision for Loan & Lease Losses | 353 |
| Pretax Operating Income (TE) | -376 |
| Pretax Net Operating Income (TE) | -376 |
| Applicable Income Taxes | 1 |
| Net Operating Income | -377 |
| Net Income | -377 |
| Cash Dividends Declared | — |
| Retained Earnings | -377 |