Grinnell State Bank
Grinnell, IA — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Grinnell State Bank | All Insured Commercial Banks in Iowa |
Interest and Fees on Loans | 10,593 | 6,128 |
Income from Lease Financing Receivables | 366 | 1 |
402 | 47 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 207 | 23 |
Income on Loans and Leases (TE) | 11,166 | 6,162 |
Investment Interest Income (TE) | 1,153 | 1,177 |
Total Interest Income (TE) | 12,425 | 7,538 |
Total Interest Expense | 1,251 | 925 |
Net Interest Income (TE) | 11,174 | 6,587 |
Non-Interest Income | 1,743 | 1,176 |
Adjusted Operating Income (TE) | 12,917 | 7,798 |
Non-interest Expense | 7,875 | 4,586 |
Provision for Loan & Lease Losses | 300 | 208 |
Pretax Operating Income (TE) | 4,742 | 2,901 |
Pretax Net Operating Income (TE) | 4,749 | 2,963 |
Applicable Income Taxes | 1,245 | 312 |
Net Operating Income | 3,100 | 2,310 |
Net Income | 3,100 | 2,310 |
Cash Dividends Declared | 960 | 1,248 |
Retained Earnings | 2,140 | 1,005 |