Liberty State Bank
St. Paul, MN — Domestic Branch of a Domestic Bank
Acquired Oct 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Liberty State Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 13,831 | 2,700 |
Income from Lease Financing Receivables | — | 1,742 |
664 | 76 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 315 | 37 |
Income on Loans and Leases (TE) | 14,146 | 2,735 |
Investment Interest Income (TE) | 3,583 | 497 |
Total Interest Income (TE) | 17,881 | 3,269 |
Total Interest Expense | 5,428 | 920 |
Net Interest Income (TE) | 12,453 | 2,335 |
Non-Interest Income | 1,532 | 460 |
Adjusted Operating Income (TE) | 13,985 | 2,814 |
Non-interest Expense | 7,853 | 1,677 |
Provision for Loan & Lease Losses | 462 | 359 |
Pretax Operating Income (TE) | 5,670 | 1,447 |
Pretax Net Operating Income (TE) | 6,218 | 1,369 |
Applicable Income Taxes | 1,471 | 1,977 |
Net Operating Income | 3,837 | 1,151 |
Net Income | 3,837 | 1,151 |
Cash Dividends Declared | 1,200 | 4,398 |
Retained Earnings | 2,637 | 717 |