Bank Of Turtle Lake
Turtle Lake, WI — Domestic Branch of a Domestic Bank
Acquired Feb 2014
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Bank Of Turtle Lake | All Insured Commercial Banks in Wisconsin |
| Interest and Fees on Loans | 1,727 | 7,404 |
| Income from Lease Financing Receivables | — | 0 |
| 39 | 58 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 19 | 28 |
| Income on Loans and Leases (TE) | 1,746 | 7,448 |
| Investment Interest Income (TE) | 384 | 1,051 |
| Total Interest Income (TE) | 2,222 | 8,649 |
| Total Interest Expense | 279 | 1,111 |
| Net Interest Income (TE) | 1,943 | 7,489 |
| Non-Interest Income | 291 | 1,460 |
| Adjusted Operating Income (TE) | 2,234 | 9,050 |
| Non-interest Expense | 1,850 | 5,749 |
| Provision for Loan & Lease Losses | -23 | 467 |
| Pretax Operating Income (TE) | 407 | 2,688 |
| Pretax Net Operating Income (TE) | 450 | 2,709 |
| Applicable Income Taxes | 11 | 428 |
| Net Operating Income | 407 | 2,017 |
| Net Income | 407 | 2,017 |
| Cash Dividends Declared | 164 | 933 |
| Retained Earnings | 243 | 881 |