Rural American Bank-Montgomery/Lonsdale
Lonsdale, MN — Domestic Branch of a Domestic Bank
Acquired Nov 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Rural American Bank-Montgomery/Lonsdale | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 2,221 | 2,706 |
Income from Lease Financing Receivables | — | 756 |
— | 74 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 36 |
Income on Loans and Leases (TE) | 2,221 | 2,741 |
Investment Interest Income (TE) | 505 | 487 |
Total Interest Income (TE) | 2,750 | 3,247 |
Total Interest Expense | 505 | 793 |
Net Interest Income (TE) | 2,245 | 2,440 |
Non-Interest Income | 434 | 444 |
Adjusted Operating Income (TE) | 2,679 | 2,900 |
Non-interest Expense | 1,260 | 1,723 |
Provision for Loan & Lease Losses | 54 | 197 |
Pretax Operating Income (TE) | 1,365 | 1,527 |
Pretax Net Operating Income (TE) | 1,376 | 1,547 |
Applicable Income Taxes | 496 | 717 |
Net Operating Income | 832 | 1,188 |
Net Income | 832 | 1,187 |
Cash Dividends Declared | 883 | 1,190 |
Retained Earnings | — | 942 |