Eastwood Bank
Rochester, MN — Domestic Branch of a Domestic Bank
Acquired Jan 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Eastwood Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 19,475 | 4,366 |
Income from Lease Financing Receivables | 1 | 8 |
32 | 37 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 16 | 18 |
Income on Loans and Leases (TE) | 19,492 | 4,418 |
Investment Interest Income (TE) | 4,174 | 632 |
Total Interest Income (TE) | 23,820 | 5,206 |
Total Interest Expense | 2,380 | 504 |
Net Interest Income (TE) | 21,440 | 4,678 |
Non-Interest Income | 6,552 | 800 |
Adjusted Operating Income (TE) | 27,992 | 5,541 |
Non-interest Expense | 22,595 | 3,745 |
Provision for Loan & Lease Losses | -67 | 83 |
Pretax Operating Income (TE) | 5,464 | 1,646 |
Pretax Net Operating Income (TE) | 7,129 | 1,670 |
Applicable Income Taxes | 16 | 64 |
Net Operating Income | 6,699 | 1,450 |
Net Income | 6,699 | 1,460 |
Cash Dividends Declared | 6,129 | 816 |
Retained Earnings | 570 | 592 |