First Western Bank & Trust
Eden Prairie, MN — Domestic Branch of a Domestic Bank
Acquired Aug 2011
Net Income Analysis
( % relative to Total Revenue )
Income Statement | First Western Bank & Trust | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 923 | 2,235 |
Income from Lease Financing Receivables | — | 4 |
— | 23 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 9 |
Income on Loans and Leases (TE) | 923 | 2,267 |
Investment Interest Income (TE) | 34 | 304 |
Total Interest Income (TE) | 963 | 2,644 |
Total Interest Expense | 266 | 547 |
Net Interest Income (TE) | 697 | 2,087 |
Non-Interest Income | 16 | 291 |
Adjusted Operating Income (TE) | 713 | 2,408 |
Non-interest Expense | 577 | 1,704 |
Provision for Loan & Lease Losses | 60 | 203 |
Pretax Operating Income (TE) | 76 | 480 |
Pretax Net Operating Income (TE) | 76 | 482 |
Applicable Income Taxes | 27 | 20 |
Net Operating Income | 49 | 413 |
Net Income | 49 | 413 |
Cash Dividends Declared | — | 243 |
Retained Earnings | 49 | 96 |