Canton State Bank
Canton, MN — Domestic Branch of a Domestic Bank
Acquired Aug 2011
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Canton State Bank | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 570 | 2,235 |
| Income from Lease Financing Receivables | — | 4 |
| — | 23 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 9 |
| Income on Loans and Leases (TE) | 570 | 2,267 |
| Investment Interest Income (TE) | 71 | 304 |
| Total Interest Income (TE) | 643 | 2,644 |
| Total Interest Expense | 151 | 547 |
| Net Interest Income (TE) | 492 | 2,087 |
| Non-Interest Income | 51 | 291 |
| Adjusted Operating Income (TE) | 543 | 2,408 |
| Non-interest Expense | 409 | 1,704 |
| Provision for Loan & Lease Losses | — | 203 |
| Pretax Operating Income (TE) | 134 | 480 |
| Pretax Net Operating Income (TE) | 134 | 482 |
| Applicable Income Taxes | — | 20 |
| Net Operating Income | 128 | 413 |
| Net Income | 128 | 413 |
| Cash Dividends Declared | — | 243 |
| Retained Earnings | 128 | 96 |