Gratiot State Bank
Gratiot, WI — Domestic Branch of a Domestic Bank
Acquired Oct 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Gratiot State Bank | All Insured Commercial Banks in Wisconsin |
Interest and Fees on Loans | 366 | 5,853 |
Income from Lease Financing Receivables | — | 1 |
11 | 48 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 24 |
Income on Loans and Leases (TE) | 366 | 5,883 |
Investment Interest Income (TE) | 416 | 862 |
Total Interest Income (TE) | 784 | 6,870 |
Total Interest Expense | 207 | 688 |
Net Interest Income (TE) | 577 | 6,146 |
Non-Interest Income | 44 | 1,205 |
Adjusted Operating Income (TE) | 621 | 7,448 |
Non-interest Expense | 620 | 4,684 |
Provision for Loan & Lease Losses | — | 133 |
Pretax Operating Income (TE) | 1 | 2,581 |
Pretax Net Operating Income (TE) | 4 | 2,621 |
Applicable Income Taxes | — | 462 |
Net Operating Income | 3 | 1,930 |
Net Income | 3 | 1,931 |
Cash Dividends Declared | — | 675 |
Retained Earnings | 3 | 1,095 |