Excel Bank Minnesota
Minneapolis, MN — Domestic Branch of a Domestic Bank
Acquired Aug 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Excel Bank Minnesota | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 20,548 | 2,891 |
Income from Lease Financing Receivables | — | 818 |
— | 75 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 34 |
Income on Loans and Leases (TE) | 20,548 | 2,919 |
Investment Interest Income (TE) | 1,274 | 391 |
Total Interest Income (TE) | 22,111 | 3,419 |
Total Interest Expense | 11,122 | 1,454 |
Net Interest Income (TE) | 10,989 | 1,959 |
Non-Interest Income | 644 | 312 |
Adjusted Operating Income (TE) | 11,633 | 2,284 |
Non-interest Expense | 9,577 | 1,449 |
Provision for Loan & Lease Losses | 2,901 | 298 |
Pretax Operating Income (TE) | — | 2,717 |
Pretax Net Operating Income (TE) | — | 2,722 |
Applicable Income Taxes | — | 1,170 |
Net Operating Income | — | 2,022 |
Net Income | — | 2,022 |
Cash Dividends Declared | 8,366 | 1,317 |
Retained Earnings | — | 1,685 |