First Community Bank Silver Lake
Silver Lake, MN — Domestic Branch of a Domestic Bank
Acquired Jan 2013
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First Community Bank Silver Lake | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 614 | 4,347 |
| Income from Lease Financing Receivables | — | 8 |
| 89 | 44 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 46 | 19 |
| Income on Loans and Leases (TE) | 660 | 4,402 |
| Investment Interest Income (TE) | 270 | 583 |
| Total Interest Income (TE) | 956 | 5,137 |
| Total Interest Expense | 142 | 744 |
| Net Interest Income (TE) | 814 | 4,371 |
| Non-Interest Income | 27 | 691 |
| Adjusted Operating Income (TE) | 841 | 5,158 |
| Non-interest Expense | 543 | 3,542 |
| Provision for Loan & Lease Losses | 20 | 221 |
| Pretax Operating Income (TE) | 278 | 1,270 |
| Pretax Net Operating Income (TE) | 552 | 1,337 |
| Applicable Income Taxes | — | 69 |
| Net Operating Income | 430 | 1,125 |
| Net Income | 430 | 1,125 |
| Cash Dividends Declared | 200 | 606 |
| Retained Earnings | 230 | 456 |