First State Bank Southwest
Pipestone, MN — State Member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | First State Bank Southwest | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 6,682 | 4,864 |
Income from Lease Financing Receivables | 75 | 12 |
162 | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 83 | 20 |
Income on Loans and Leases (TE) | 6,840 | 4,921 |
Investment Interest Income (TE) | 2,056 | 592 |
Total Interest Income (TE) | 8,981 | 5,709 |
Total Interest Expense | 637 | 508 |
Net Interest Income (TE) | 8,344 | 5,181 |
Non-Interest Income | 2,530 | 905 |
Adjusted Operating Income (TE) | 10,874 | 6,155 |
Non-interest Expense | 6,058 | 4,018 |
Provision for Loan & Lease Losses | 15 | 126 |
Pretax Operating Income (TE) | 4,801 | 1,907 |
Pretax Net Operating Income (TE) | 4,843 | 1,940 |
Applicable Income Taxes | 4 | 97 |
Net Operating Income | 4,502 | 1,682 |
Net Income | 4,502 | 1,683 |
Cash Dividends Declared | 3,105 | 1,029 |
Retained Earnings | 1,397 | 636 |