Minnwest Bank
Redwood Falls, MN — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Minnwest Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 63,876 | 4,864 |
Income from Lease Financing Receivables | 2,644 | 12 |
1,323 | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 690 | 20 |
Income on Loans and Leases (TE) | 67,210 | 4,921 |
Investment Interest Income (TE) | 2,267 | 592 |
Total Interest Income (TE) | 70,037 | 5,709 |
Total Interest Expense | 8,368 | 508 |
Net Interest Income (TE) | 61,669 | 5,181 |
Non-Interest Income | 7,641 | 905 |
Adjusted Operating Income (TE) | 69,310 | 6,155 |
Non-interest Expense | 41,767 | 4,018 |
Provision for Loan & Lease Losses | 900 | 126 |
Pretax Operating Income (TE) | 26,643 | 1,907 |
Pretax Net Operating Income (TE) | 26,643 | 1,940 |
Applicable Income Taxes | 9,995 | 97 |
Net Operating Income | 15,750 | 1,682 |
Net Income | 15,750 | 1,683 |
Cash Dividends Declared | 7,800 | 1,029 |
Retained Earnings | 7,950 | 636 |