Clinton State Bank
Clinton, MN — Domestic Branch of a Domestic Bank
Acquired Oct 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Clinton State Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 1,247 | 3,254 |
Income from Lease Financing Receivables | — | 6 |
— | 31 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 15 |
Income on Loans and Leases (TE) | 1,247 | 3,297 |
Investment Interest Income (TE) | 286 | 433 |
Total Interest Income (TE) | 1,546 | 3,833 |
Total Interest Expense | 108 | 440 |
Net Interest Income (TE) | 1,438 | 3,376 |
Non-Interest Income | 112 | 594 |
Adjusted Operating Income (TE) | 1,550 | 4,012 |
Non-interest Expense | 806 | 2,708 |
Provision for Loan & Lease Losses | — | 89 |
Pretax Operating Income (TE) | 744 | 1,153 |
Pretax Net Operating Income (TE) | 744 | 1,179 |
Applicable Income Taxes | — | 58 |
Net Operating Income | 717 | 1,001 |
Net Income | 717 | 1,001 |
Cash Dividends Declared | 470 | 510 |
Retained Earnings | 247 | 422 |