Net Income Analysis ( % relative to Total Revenue )
Income Statement Bremer Bank, National Association All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 14,253 3,356
Income from Lease Financing Receivables — 6
1,186 31
Estimated Tax Benefit from Tax-Exempt Loan Income 606 15
Income on Loans and Leases (TE) 14,859 3,398
Investment Interest Income (TE) 3,099 500
Total Interest Income (TE) 18,034 4,008
Total Interest Expense 996 383
Net Interest Income (TE) 17,038 3,606
Non-Interest Income 5,222 629
Adjusted Operating Income (TE) 22,260 4,271
Non-interest Expense 14,315 2,845
Provision for Loan & Lease Losses 167 60
Pretax Operating Income (TE) 7,778 1,312
Pretax Net Operating Income (TE) 8,190 1,329
Applicable Income Taxes 2,210 64
Net Operating Income 5,265 1,143
Net Income 5,265 1,154
Cash Dividends Declared 2,000 612
Retained Earnings 3,265 461