First State Bank Of Floodwood
Floodwood, MN — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First State Bank Of Floodwood | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 679 | 3,553 |
Income from Lease Financing Receivables | — | 2,302 |
— | 98 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 48 |
Income on Loans and Leases (TE) | 679 | 3,600 |
Investment Interest Income (TE) | 28 | 643 |
Total Interest Income (TE) | 712 | 4,305 |
Total Interest Expense | 141 | 1,185 |
Net Interest Income (TE) | 571 | 3,102 |
Non-Interest Income | 59 | 584 |
Adjusted Operating Income (TE) | 630 | 3,720 |
Non-interest Expense | 359 | 2,273 |
Provision for Loan & Lease Losses | 39 | 454 |
Pretax Operating Income (TE) | 232 | 6,078 |
Pretax Net Operating Income (TE) | 232 | 2,673 |
Applicable Income Taxes | 78 | 2,461 |
Net Operating Income | 150 | 1,988 |
Net Income | 150 | 1,988 |
Cash Dividends Declared | — | 4,693 |
Retained Earnings | 150 | 804 |