First State Bank Of Audubon
Detroit Lakes, MN — Domestic Branch of a Domestic Bank
Acquired Jun 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First State Bank Of Audubon | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 81 | 994 |
Income from Lease Financing Receivables | — | 287 |
— | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 81 | 1,005 |
Investment Interest Income (TE) | 29 | 161 |
Total Interest Income (TE) | 118 | 1,181 |
Total Interest Expense | 39 | 316 |
Net Interest Income (TE) | 79 | 862 |
Non-Interest Income | 25 | 137 |
Adjusted Operating Income (TE) | 104 | 1,002 |
Non-interest Expense | 106 | 607 |
Provision for Loan & Lease Losses | — | 63 |
Pretax Operating Income (TE) | — | 762 |
Pretax Net Operating Income (TE) | — | 775 |
Applicable Income Taxes | 3 | 274 |
Net Operating Income | — | 601 |
Net Income | — | 601 |
Cash Dividends Declared | — | 584 |
Retained Earnings | — | 490 |