Dakota State Bank
Blunt, SD — Domestic Branch of a Domestic Bank
Acquired Jan 2016
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Dakota State Bank | All Insured Commercial Banks in South Dakota |
Interest and Fees on Loans | 1,265 | 16,866 |
Income from Lease Financing Receivables | — | 18 |
— | 193 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 102 |
Income on Loans and Leases (TE) | 1,265 | 17,104 |
Investment Interest Income (TE) | 226 | 1,612 |
Total Interest Income (TE) | 1,516 | 18,876 |
Total Interest Expense | 81 | 1,564 |
Net Interest Income (TE) | 1,435 | 17,312 |
Non-Interest Income | 82 | 4,154 |
Adjusted Operating Income (TE) | 1,517 | 21,465 |
Non-interest Expense | 1,137 | 11,935 |
Provision for Loan & Lease Losses | -2 | 1,124 |
Pretax Operating Income (TE) | 382 | 8,418 |
Pretax Net Operating Income (TE) | 382 | 8,472 |
Applicable Income Taxes | 26 | 2,125 |
Net Operating Income | 356 | 5,986 |
Net Income | 356 | 5,986 |
Cash Dividends Declared | 150 | 2,642 |
Retained Earnings | 206 | 2,050 |