Falcon National Bank
Foley, MN — National Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Falcon National Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 9,670 | 4,864 |
Income from Lease Financing Receivables | 357 | 12 |
— | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 20 |
Income on Loans and Leases (TE) | 10,027 | 4,921 |
Investment Interest Income (TE) | 320 | 592 |
Total Interest Income (TE) | 10,421 | 5,709 |
Total Interest Expense | 1,050 | 508 |
Net Interest Income (TE) | 9,371 | 5,181 |
Non-Interest Income | 2,660 | 905 |
Adjusted Operating Income (TE) | 12,031 | 6,155 |
Non-interest Expense | 7,145 | 4,018 |
Provision for Loan & Lease Losses | 456 | 126 |
Pretax Operating Income (TE) | 4,430 | 1,907 |
Pretax Net Operating Income (TE) | 4,430 | 1,940 |
Applicable Income Taxes | — | 97 |
Net Operating Income | 4,404 | 1,682 |
Net Income | 4,404 | 1,683 |
Cash Dividends Declared | 2,000 | 1,029 |
Retained Earnings | 2,404 | 636 |