Mid-Central Federal Savings Bank
Wadena, MN — Federal Savings Bank
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Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Mid-Central Federal Savings Bank | All Insured Savings Banks in Minnesota |
| Interest and Fees on Loans | 4,618 | 8,915 |
| Income from Lease Financing Receivables | — | 3 |
| — | 6 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
| Income on Loans and Leases (TE) | 4,618 | 8,921 |
| Investment Interest Income (TE) | 9 | 1,005 |
| Total Interest Income (TE) | 4,655 | 10,031 |
| Total Interest Expense | 533 | 835 |
| Net Interest Income (TE) | 4,122 | 9,197 |
| Non-Interest Income | 633 | 2,762 |
| Adjusted Operating Income (TE) | 4,755 | 11,959 |
| Non-interest Expense | 3,544 | 8,221 |
| Provision for Loan & Lease Losses | — | 183 |
| Pretax Operating Income (TE) | 1,211 | 3,555 |
| Pretax Net Operating Income (TE) | 1,211 | 3,509 |
| Applicable Income Taxes | — | 1,078 |
| Net Operating Income | 1,211 | 2,358 |
| Net Income | 1,211 | 2,358 |
| Cash Dividends Declared | 842 | 737 |
| Retained Earnings | 369 | 1,621 |