Farmers & Merchants State Bank Of New York Mills, Incorporated
New York Mills, MN — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Farmers & Merchants State Bank Of New York Mills, Incorporated | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 1,510 | 4,864 |
Income from Lease Financing Receivables | 19 | 12 |
11 | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 4 | 20 |
Income on Loans and Leases (TE) | 1,533 | 4,921 |
Investment Interest Income (TE) | 421 | 592 |
Total Interest Income (TE) | 2,088 | 5,709 |
Total Interest Expense | 276 | 508 |
Net Interest Income (TE) | 1,812 | 5,181 |
Non-Interest Income | 240 | 905 |
Adjusted Operating Income (TE) | 2,052 | 6,155 |
Non-interest Expense | 1,544 | 4,018 |
Provision for Loan & Lease Losses | — | 126 |
Pretax Operating Income (TE) | 508 | 1,907 |
Pretax Net Operating Income (TE) | 516 | 1,940 |
Applicable Income Taxes | 1 | 97 |
Net Operating Income | 506 | 1,682 |
Net Income | 506 | 1,683 |
Cash Dividends Declared | 299 | 1,029 |
Retained Earnings | 207 | 636 |