Republic Bank, Inc.
Duluth, MN — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Republic Bank, Inc. | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 15,716 | 4,864 |
Income from Lease Financing Receivables | — | 12 |
— | 40 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 20 |
Income on Loans and Leases (TE) | 15,716 | 4,921 |
Investment Interest Income (TE) | 129 | 592 |
Total Interest Income (TE) | 16,081 | 5,709 |
Total Interest Expense | 1,654 | 508 |
Net Interest Income (TE) | 14,427 | 5,181 |
Non-Interest Income | 1,134 | 905 |
Adjusted Operating Income (TE) | 15,561 | 6,155 |
Non-interest Expense | 10,183 | 4,018 |
Provision for Loan & Lease Losses | 434 | 126 |
Pretax Operating Income (TE) | 4,944 | 1,907 |
Pretax Net Operating Income (TE) | 4,944 | 1,940 |
Applicable Income Taxes | — | 97 |
Net Operating Income | 4,944 | 1,682 |
Net Income | 4,944 | 1,683 |
Cash Dividends Declared | 2,885 | 1,029 |
Retained Earnings | 2,059 | 636 |