Citibank (South Dakota), N.A.
Sioux Falls, SD — National Bank
Acquired Jul 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Citibank (South Dakota), N.A. | All Insured Commercial Banks in South Dakota |
Interest and Fees on Loans | 7,960,877 | 4,109 |
Income from Lease Financing Receivables | — | 7 |
— | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 13 |
Income on Loans and Leases (TE) | 7,960,877 | 4,142 |
Investment Interest Income (TE) | 361 | 723 |
Total Interest Income (TE) | 7,986,913 | 4,906 |
Total Interest Expense | 815,123 | 1,111 |
Net Interest Income (TE) | 7,171,790 | 3,796 |
Non-Interest Income | 1,121,930 | 1,187 |
Adjusted Operating Income (TE) | 8,293,720 | 7,173 |
Non-interest Expense | 2,898,979 | 4,388 |
Provision for Loan & Lease Losses | 1,900,003 | 315 |
Pretax Operating Income (TE) | 3,494,738 | 1,793 |
Pretax Net Operating Income (TE) | 3,494,738 | 1,793 |
Applicable Income Taxes | 1,234,919 | 370 |
Net Operating Income | 2,259,819 | 1,318 |
Net Income | 2,259,819 | 1,318 |
Cash Dividends Declared | — | 643 |
Retained Earnings | 2,259,819 | 694 |