Bremer Bank, National Association
Marshall, MN — Domestic Branch of a Domestic Bank
Acquired Nov 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bremer Bank, National Association | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 6,561 | 3,229 |
Income from Lease Financing Receivables | 12 | 817 |
162 | 84 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 52 | 41 |
Income on Loans and Leases (TE) | 6,625 | 3,263 |
Investment Interest Income (TE) | 1,788 | 488 |
Total Interest Income (TE) | 8,472 | 3,751 |
Total Interest Expense | 2,873 | 1,097 |
Net Interest Income (TE) | 5,599 | 2,657 |
Non-Interest Income | 1,215 | 439 |
Adjusted Operating Income (TE) | 6,814 | 3,104 |
Non-interest Expense | 4,101 | 1,852 |
Provision for Loan & Lease Losses | 121 | 210 |
Pretax Operating Income (TE) | 2,592 | 2,385 |
Pretax Net Operating Income (TE) | 2,592 | 2,410 |
Applicable Income Taxes | 780 | 681 |
Net Operating Income | 1,615 | 1,903 |
Net Income | 1,615 | 1,903 |
Cash Dividends Declared | 2,100 | 1,351 |
Retained Earnings | — | 947 |