Bremer Bank, National Association
Minot, ND — Domestic Branch of a Domestic Bank
Acquired Aug 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Bremer Bank, National Association | All Insured Commercial Banks in North Dakota |
Interest and Fees on Loans | 7,170 | 1,615 |
Income from Lease Financing Receivables | 15 | 237 |
89 | 70 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 33 | 37 |
Income on Loans and Leases (TE) | 7,218 | 1,716 |
Investment Interest Income (TE) | 2,645 | 383 |
Total Interest Income (TE) | 9,902 | 2,156 |
Total Interest Expense | 2,578 | 557 |
Net Interest Income (TE) | 7,324 | 1,593 |
Non-Interest Income | 1,096 | 264 |
Adjusted Operating Income (TE) | 8,420 | 1,856 |
Non-interest Expense | 4,944 | 1,135 |
Provision for Loan & Lease Losses | 240 | 1,035 |
Pretax Operating Income (TE) | 3,236 | 672 |
Pretax Net Operating Income (TE) | 3,597 | 683 |
Applicable Income Taxes | 1,118 | 207 |
Net Operating Income | 2,301 | 497 |
Net Income | 2,301 | 497 |
Cash Dividends Declared | 2,650 | 1,942 |
Retained Earnings | — | 741 |