First Security Bank - Renville
Renville, MN — Domestic Branch of a Domestic Bank
Acquired Jul 2008
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First Security Bank - Renville | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 764 | 2,764 |
| Income from Lease Financing Receivables | 118 | 1,030 |
| 9 | 81 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 5 | 40 |
| Income on Loans and Leases (TE) | 887 | 2,794 |
| Investment Interest Income (TE) | 61 | 413 |
| Total Interest Income (TE) | 1,098 | 3,303 |
| Total Interest Expense | 352 | 1,310 |
| Net Interest Income (TE) | 746 | 1,979 |
| Non-Interest Income | 130 | 346 |
| Adjusted Operating Income (TE) | 876 | 2,344 |
| Non-interest Expense | 576 | 1,548 |
| Provision for Loan & Lease Losses | — | 737 |
| Pretax Operating Income (TE) | 300 | 1,327 |
| Pretax Net Operating Income (TE) | 300 | 1,357 |
| Applicable Income Taxes | — | 426 |
| Net Operating Income | 294 | 1,041 |
| Net Income | 294 | 1,041 |
| Cash Dividends Declared | 50 | 1,343 |
| Retained Earnings | 244 | 445 |