First National Bank Of Montgomery
Montgomery, MN — Domestic Branch of a Domestic Bank
Acquired Aug 2008
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank Of Montgomery | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 627 | 2,764 |
Income from Lease Financing Receivables | — | 1,030 |
— | 81 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 40 |
Income on Loans and Leases (TE) | 627 | 2,794 |
Investment Interest Income (TE) | 105 | 413 |
Total Interest Income (TE) | 756 | 3,303 |
Total Interest Expense | 205 | 1,310 |
Net Interest Income (TE) | 551 | 1,979 |
Non-Interest Income | 1,326 | 346 |
Adjusted Operating Income (TE) | 1,877 | 2,344 |
Non-interest Expense | 565 | 1,548 |
Provision for Loan & Lease Losses | — | 737 |
Pretax Operating Income (TE) | 1,312 | 1,327 |
Pretax Net Operating Income (TE) | 1,312 | 1,357 |
Applicable Income Taxes | — | 426 |
Net Operating Income | 1,310 | 1,041 |
Net Income | 1,310 | 1,041 |
Cash Dividends Declared | — | 1,343 |
Retained Earnings | 1,310 | 445 |