Central Bank
Golden Valley, MN — Domestic Branch of a Domestic Bank
Acquired Apr 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Central Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 12,642 | 1,158 |
Income from Lease Financing Receivables | — | 3 |
157 | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 85 | 4 |
Income on Loans and Leases (TE) | 12,727 | 1,171 |
Investment Interest Income (TE) | 519 | 150 |
Total Interest Income (TE) | 13,254 | 1,370 |
Total Interest Expense | 414 | 122 |
Net Interest Income (TE) | 12,840 | 1,242 |
Non-Interest Income | 2,696 | 205 |
Adjusted Operating Income (TE) | 15,536 | 1,462 |
Non-interest Expense | 11,986 | 961 |
Provision for Loan & Lease Losses | 615 | 24 |
Pretax Operating Income (TE) | 2,935 | 463 |
Pretax Net Operating Income (TE) | 3,134 | 470 |
Applicable Income Taxes | 1,144 | 27 |
Net Operating Income | 1,893 | 397 |
Net Income | 1,893 | 397 |
Cash Dividends Declared | 1,250 | 285 |
Retained Earnings | 643 | 82 |