Community First National Bank
Fargo, ND — Domestic Branch of a Domestic Bank
Acquired Dec 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Community First National Bank | All Insured Commercial Banks in North Dakota |
Interest and Fees on Loans | 165,700 | 2,582 |
Income from Lease Financing Receivables | 585 | 364 |
3,915 | 113 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2,024 | 56 |
Income on Loans and Leases (TE) | 168,309 | 2,738 |
Investment Interest Income (TE) | 46,450 | 569 |
Total Interest Income (TE) | 215,312 | 3,384 |
Total Interest Expense | 32,876 | 884 |
Net Interest Income (TE) | 182,436 | 2,500 |
Non-Interest Income | 64,299 | 429 |
Adjusted Operating Income (TE) | 246,735 | 2,965 |
Non-interest Expense | 134,178 | 1,791 |
Provision for Loan & Lease Losses | 6,613 | 1,133 |
Pretax Operating Income (TE) | 105,944 | 1,087 |
Pretax Net Operating Income (TE) | 109,055 | 1,096 |
Applicable Income Taxes | 36,156 | 298 |
Net Operating Income | 69,866 | 800 |
Net Income | 69,866 | 800 |
Cash Dividends Declared | 104,000 | 2,759 |
Retained Earnings | — | 873 |