Bremer Bank, National Association
Menomonie, WI — Domestic Branch of a Domestic Bank
Acquired Oct 2014
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Bremer Bank, National Association | All Insured Commercial Banks in Wisconsin |
| Interest and Fees on Loans | 16,361 | 5,622 |
| Income from Lease Financing Receivables | — | 0 |
| 1,993 | 44 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 1,011 | 22 |
| Income on Loans and Leases (TE) | 17,372 | 5,654 |
| Investment Interest Income (TE) | 3,687 | 852 |
| Total Interest Income (TE) | 21,165 | 6,628 |
| Total Interest Expense | 1,548 | 729 |
| Net Interest Income (TE) | 19,617 | 5,858 |
| Non-Interest Income | 3,986 | 1,052 |
| Adjusted Operating Income (TE) | 23,603 | 6,994 |
| Non-interest Expense | 15,953 | 4,472 |
| Provision for Loan & Lease Losses | 1,350 | 199 |
| Pretax Operating Income (TE) | 6,300 | 2,206 |
| Pretax Net Operating Income (TE) | 6,658 | 2,229 |
| Applicable Income Taxes | 806 | 373 |
| Net Operating Income | 4,670 | 1,673 |
| Net Income | 4,670 | 1,673 |
| Cash Dividends Declared | — | 605 |
| Retained Earnings | 4,670 | 925 |