Rural American Bank - Hector/Fairfax
Hector, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Rural American Bank - Hector/Fairfax | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 1,284 | 2,583 |
Income from Lease Financing Receivables | — | 660 |
5 | 69 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 3 | 32 |
Income on Loans and Leases (TE) | 1,287 | 2,608 |
Investment Interest Income (TE) | 315 | 348 |
Total Interest Income (TE) | 1,641 | 2,996 |
Total Interest Expense | 495 | 1,082 |
Net Interest Income (TE) | 1,146 | 1,910 |
Non-Interest Income | 161 | 298 |
Adjusted Operating Income (TE) | 1,307 | 2,218 |
Non-interest Expense | 744 | 1,345 |
Provision for Loan & Lease Losses | 6 | 166 |
Pretax Operating Income (TE) | 557 | 1,629 |
Pretax Net Operating Income (TE) | 557 | 1,629 |
Applicable Income Taxes | — | 496 |
Net Operating Income | 532 | 1,293 |
Net Income | 532 | 1,294 |
Cash Dividends Declared | 1,448 | 1,077 |
Retained Earnings | — | 796 |