Net Income Analysis ( % relative to Total Revenue )
Income Statement Farmers State Bank Of Crosby, N. D. All Insured Commercial Banks in North Dakota
Interest and Fees on Loans 264 6,092
Income from Lease Financing Receivables 11 41
11 59
Estimated Tax Benefit from Tax-Exempt Loan Income 6 30
Income on Loans and Leases (TE) 281 6,257
Investment Interest Income (TE) 550 984
Total Interest Income (TE) 942 7,543
Total Interest Expense 44 619
Net Interest Income (TE) 898 6,853
Non-Interest Income 117 1,221
Adjusted Operating Income (TE) 1,015 8,073
Non-interest Expense 910 4,644
Provision for Loan & Lease Losses — 111
Pretax Operating Income (TE) 105 3,327
Pretax Net Operating Income (TE) 105 3,348
Applicable Income Taxes — 192
Net Operating Income 92 2,729
Net Income 92 2,729
Cash Dividends Declared — 1,106
Retained Earnings 92 1,387