First State Bank Of Alexandria
Alexandria, MN — Domestic Branch of a Domestic Bank
Acquired Oct 2011
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | First State Bank Of Alexandria | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 3,805 | 3,388 |
| Income from Lease Financing Receivables | — | 6 |
| 142 | 35 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 73 | 13 |
| Income on Loans and Leases (TE) | 3,878 | 3,437 |
| Investment Interest Income (TE) | 286 | 462 |
| Total Interest Income (TE) | 4,171 | 4,009 |
| Total Interest Expense | 735 | 803 |
| Net Interest Income (TE) | 3,436 | 3,191 |
| Non-Interest Income | 314 | 426 |
| Adjusted Operating Income (TE) | 3,750 | 3,655 |
| Non-interest Expense | 2,152 | 2,558 |
| Provision for Loan & Lease Losses | 190 | 304 |
| Pretax Operating Income (TE) | 1,408 | 744 |
| Pretax Net Operating Income (TE) | 1,408 | 759 |
| Applicable Income Taxes | 502 | 32 |
| Net Operating Income | 799 | 649 |
| Net Income | 799 | 649 |
| Cash Dividends Declared | 650 | 345 |
| Retained Earnings | 149 | 233 |