State Bank Of Fairmont
Fairmont, MN — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
| Income Statement | State Bank Of Fairmont | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 3,896 | 4,864 |
| Income from Lease Financing Receivables | — | 12 |
| 40 | 40 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 21 | 20 |
| Income on Loans and Leases (TE) | 3,917 | 4,921 |
| Investment Interest Income (TE) | 382 | 592 |
| Total Interest Income (TE) | 4,433 | 5,709 |
| Total Interest Expense | 624 | 508 |
| Net Interest Income (TE) | 3,809 | 5,181 |
| Non-Interest Income | 228 | 905 |
| Adjusted Operating Income (TE) | 4,037 | 6,155 |
| Non-interest Expense | 2,774 | 4,018 |
| Provision for Loan & Lease Losses | 340 | 126 |
| Pretax Operating Income (TE) | 923 | 1,907 |
| Pretax Net Operating Income (TE) | 923 | 1,940 |
| Applicable Income Taxes | 1 | 97 |
| Net Operating Income | 901 | 1,682 |
| Net Income | 901 | 1,683 |
| Cash Dividends Declared | 809 | 1,029 |
| Retained Earnings | 92 | 636 |