First National Bank
Hawley, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2012
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First National Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 1,748 | 2,184 |
Income from Lease Financing Receivables | — | 4 |
24 | 22 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 12 | 10 |
Income on Loans and Leases (TE) | 1,760 | 2,211 |
Investment Interest Income (TE) | 288 | 301 |
Total Interest Income (TE) | 2,084 | 2,586 |
Total Interest Expense | 411 | 403 |
Net Interest Income (TE) | 1,673 | 2,173 |
Non-Interest Income | 183 | 326 |
Adjusted Operating Income (TE) | 1,856 | 2,549 |
Non-interest Expense | 1,092 | 1,737 |
Provision for Loan & Lease Losses | 40 | 116 |
Pretax Operating Income (TE) | 724 | 625 |
Pretax Net Operating Income (TE) | 724 | 657 |
Applicable Income Taxes | 236 | 29 |
Net Operating Income | 421 | 554 |
Net Income | 435 | 554 |
Cash Dividends Declared | — | 309 |
Retained Earnings | 435 | 194 |