Highland Bank
Saint Michael, MN — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Highland Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 12,756 | 4,864 |
Income from Lease Financing Receivables | — | 12 |
139 | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 72 | 20 |
Income on Loans and Leases (TE) | 12,828 | 4,921 |
Investment Interest Income (TE) | 6,881 | 592 |
Total Interest Income (TE) | 19,756 | 5,709 |
Total Interest Expense | 1,461 | 508 |
Net Interest Income (TE) | 18,295 | 5,181 |
Non-Interest Income | 2,172 | 905 |
Adjusted Operating Income (TE) | 20,467 | 6,155 |
Non-interest Expense | 14,255 | 4,018 |
Provision for Loan & Lease Losses | — | 126 |
Pretax Operating Income (TE) | 6,212 | 1,907 |
Pretax Net Operating Income (TE) | 5,892 | 1,940 |
Applicable Income Taxes | 1,365 | 97 |
Net Operating Income | 3,406 | 1,682 |
Net Income | 3,406 | 1,683 |
Cash Dividends Declared | 1,680 | 1,029 |
Retained Earnings | 1,726 | 636 |