Net Income Analysis ( % relative to Total Revenue )
Income Statement Bremer Bank, National Association All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 19,552 3,356
Income from Lease Financing Receivables — 6
470 31
Estimated Tax Benefit from Tax-Exempt Loan Income 252 15
Income on Loans and Leases (TE) 19,804 3,398
Investment Interest Income (TE) 2,845 500
Total Interest Income (TE) 22,772 4,008
Total Interest Expense 905 383
Net Interest Income (TE) 21,867 3,606
Non-Interest Income 5,161 629
Adjusted Operating Income (TE) 27,028 4,271
Non-interest Expense 15,252 2,845
Provision for Loan & Lease Losses 1,875 60
Pretax Operating Income (TE) 9,901 1,312
Pretax Net Operating Income (TE) 10,155 1,329
Applicable Income Taxes 3,204 64
Net Operating Income 6,348 1,143
Net Income 6,348 1,154
Cash Dividends Declared — 612
Retained Earnings 6,348 461