Financial Security Bank
Kerkhoven, MN — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Financial Security Bank | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 3,401 | 4,864 |
| Income from Lease Financing Receivables | 1 | 12 |
| 10 | 40 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 5 | 20 |
| Income on Loans and Leases (TE) | 3,407 | 4,921 |
| Investment Interest Income (TE) | 68 | 592 |
| Total Interest Income (TE) | 3,524 | 5,709 |
| Total Interest Expense | 356 | 508 |
| Net Interest Income (TE) | 3,168 | 5,181 |
| Non-Interest Income | 287 | 905 |
| Adjusted Operating Income (TE) | 3,455 | 6,155 |
| Non-interest Expense | 2,456 | 4,018 |
| Provision for Loan & Lease Losses | 45 | 126 |
| Pretax Operating Income (TE) | 954 | 1,907 |
| Pretax Net Operating Income (TE) | 954 | 1,940 |
| Applicable Income Taxes | — | 97 |
| Net Operating Income | 937 | 1,682 |
| Net Income | 937 | 1,683 |
| Cash Dividends Declared | 520 | 1,029 |
| Retained Earnings | 417 | 636 |