Border State Bank Of International Falls
International Falls, MN — Domestic Branch of a Domestic Bank
Acquired Dec 2005
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Border State Bank Of International Falls | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 1,889 | 3,229 |
| Income from Lease Financing Receivables | — | 817 |
| — | 84 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 41 |
| Income on Loans and Leases (TE) | 1,889 | 3,263 |
| Investment Interest Income (TE) | 29 | 488 |
| Total Interest Income (TE) | 1,948 | 3,751 |
| Total Interest Expense | 555 | 1,097 |
| Net Interest Income (TE) | 1,393 | 2,657 |
| Non-Interest Income | 357 | 439 |
| Adjusted Operating Income (TE) | 1,750 | 3,104 |
| Non-interest Expense | 891 | 1,852 |
| Provision for Loan & Lease Losses | 90 | 210 |
| Pretax Operating Income (TE) | 769 | 2,385 |
| Pretax Net Operating Income (TE) | 769 | 2,410 |
| Applicable Income Taxes | 311 | 681 |
| Net Operating Income | 458 | 1,903 |
| Net Income | 458 | 1,903 |
| Cash Dividends Declared | — | 1,351 |
| Retained Earnings | 458 | 947 |