Private Bank Minnesota
Minneapolis, MN — Domestic Branch of a Domestic Bank
Acquired Jun 2014
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Private Bank Minnesota | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 1,232 | 1,074 |
Income from Lease Financing Receivables | — | 2 |
— | 10 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 5 |
Income on Loans and Leases (TE) | 1,232 | 1,088 |
Investment Interest Income (TE) | 88 | 163 |
Total Interest Income (TE) | 1,330 | 1,286 |
Total Interest Expense | 58 | 129 |
Net Interest Income (TE) | 1,272 | 1,152 |
Non-Interest Income | 135 | 187 |
Adjusted Operating Income (TE) | 1,407 | 1,353 |
Non-interest Expense | 1,048 | 933 |
Provision for Loan & Lease Losses | 29 | 18 |
Pretax Operating Income (TE) | 330 | 387 |
Pretax Net Operating Income (TE) | 330 | 392 |
Applicable Income Taxes | 127 | 21 |
Net Operating Income | 203 | 332 |
Net Income | 203 | 336 |
Cash Dividends Declared | — | 180 |
Retained Earnings | 203 | 122 |