Riverwood Bank
Bemidji, MN — Federal Savings Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Riverwood Bank | All Insured Savings Banks in Minnesota |
Interest and Fees on Loans | 12,731 | 8,915 |
Income from Lease Financing Receivables | — | 3 |
— | 6 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 3 |
Income on Loans and Leases (TE) | 12,731 | 8,921 |
Investment Interest Income (TE) | 337 | 1,005 |
Total Interest Income (TE) | 13,242 | 10,031 |
Total Interest Expense | 1,798 | 835 |
Net Interest Income (TE) | 11,444 | 9,197 |
Non-Interest Income | 1,893 | 2,762 |
Adjusted Operating Income (TE) | 13,337 | 11,959 |
Non-interest Expense | 10,162 | 8,221 |
Provision for Loan & Lease Losses | 75 | 183 |
Pretax Operating Income (TE) | 3,100 | 3,555 |
Pretax Net Operating Income (TE) | 3,178 | 3,509 |
Applicable Income Taxes | 1,221 | 1,078 |
Net Operating Income | 1,957 | 2,358 |
Net Income | 1,957 | 2,358 |
Cash Dividends Declared | 550 | 737 |
Retained Earnings | 1,407 | 1,621 |