Rural American Bank - Foley
Foley, MN — Domestic Branch of a Domestic Bank
Acquired Mar 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Rural American Bank - Foley | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 3,919 | 4,386 |
Income from Lease Financing Receivables | — | 1,076 |
2 | 117 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 1 | 57 |
Income on Loans and Leases (TE) | 3,920 | 4,431 |
Investment Interest Income (TE) | 541 | 673 |
Total Interest Income (TE) | 4,483 | 5,140 |
Total Interest Expense | 1,024 | 1,539 |
Net Interest Income (TE) | 3,459 | 3,592 |
Non-Interest Income | 462 | 588 |
Adjusted Operating Income (TE) | 3,921 | 4,192 |
Non-interest Expense | 1,866 | 2,543 |
Provision for Loan & Lease Losses | 121 | 300 |
Pretax Operating Income (TE) | 1,934 | 3,170 |
Pretax Net Operating Income (TE) | 1,934 | 3,190 |
Applicable Income Taxes | 86 | 892 |
Net Operating Income | 1,782 | 2,511 |
Net Income | 1,782 | 2,511 |
Cash Dividends Declared | 1,062 | 1,644 |
Retained Earnings | 720 | 1,239 |