Net Income Analysis ( % relative to Total Revenue )
Income Statement Kleinbank All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 40,566 4,864
Income from Lease Financing Receivables 881 12
3,539 40
Estimated Tax Benefit from Tax-Exempt Loan Income 1,857 20
Income on Loans and Leases (TE) 43,304 4,921
Investment Interest Income (TE) 20,778 592
Total Interest Income (TE) 64,280 5,709
Total Interest Expense 3,155 508
Net Interest Income (TE) 61,125 5,181
Non-Interest Income 19,269 905
Adjusted Operating Income (TE) 80,394 6,155
Non-interest Expense 56,010 4,018
Provision for Loan & Lease Losses -933 126
Pretax Operating Income (TE) 25,317 1,907
Pretax Net Operating Income (TE) 25,593 1,940
Applicable Income Taxes — 97
Net Operating Income 21,273 1,682
Net Income 21,273 1,683
Cash Dividends Declared 14,942 1,029
Retained Earnings 6,331 636