Exchange State Bank
Luverne, MN — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Exchange State Bank | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 5,477 | 4,864 |
| Income from Lease Financing Receivables | — | 12 |
| 13 | 40 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 20 |
| Income on Loans and Leases (TE) | 5,484 | 4,921 |
| Investment Interest Income (TE) | 598 | 592 |
| Total Interest Income (TE) | 6,213 | 5,709 |
| Total Interest Expense | 833 | 508 |
| Net Interest Income (TE) | 5,380 | 5,181 |
| Non-Interest Income | 199 | 905 |
| Adjusted Operating Income (TE) | 5,579 | 6,155 |
| Non-interest Expense | 3,555 | 4,018 |
| Provision for Loan & Lease Losses | 240 | 126 |
| Pretax Operating Income (TE) | 1,784 | 1,907 |
| Pretax Net Operating Income (TE) | 1,784 | 1,940 |
| Applicable Income Taxes | 8 | 97 |
| Net Operating Income | 1,588 | 1,682 |
| Net Income | 1,588 | 1,683 |
| Cash Dividends Declared | 1,035 | 1,029 |
| Retained Earnings | 553 | 636 |