Peoples State Bank Of Madison Lake
Madison Lake, MN — Domestic Branch of a Domestic Bank
Acquired Mar 2016
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | Peoples State Bank Of Madison Lake | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 766 | 4,535 |
| Income from Lease Financing Receivables | — | 10 |
| — | 36 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 18 |
| Income on Loans and Leases (TE) | 766 | 4,587 |
| Investment Interest Income (TE) | 28 | 592 |
| Total Interest Income (TE) | 845 | 5,345 |
| Total Interest Expense | 73 | 480 |
| Net Interest Income (TE) | 772 | 4,837 |
| Non-Interest Income | 101 | 833 |
| Adjusted Operating Income (TE) | 873 | 5,721 |
| Non-interest Expense | 833 | 3,770 |
| Provision for Loan & Lease Losses | — | 109 |
| Pretax Operating Income (TE) | 40 | 1,797 |
| Pretax Net Operating Income (TE) | 40 | 1,822 |
| Applicable Income Taxes | 11 | 94 |
| Net Operating Income | 29 | 1,586 |
| Net Income | 29 | 1,588 |
| Cash Dividends Declared | — | 868 |
| Retained Earnings | 29 | 633 |