State Bank Of Moorhead
Moorhead, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | State Bank Of Moorhead | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 3,033 | 1,783 |
Income from Lease Financing Receivables | 196 | 1,182 |
— | 51 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 24 |
Income on Loans and Leases (TE) | 3,229 | 1,807 |
Investment Interest Income (TE) | 218 | 333 |
Total Interest Income (TE) | 3,491 | 2,174 |
Total Interest Expense | 1,163 | 630 |
Net Interest Income (TE) | 2,328 | 1,534 |
Non-Interest Income | 329 | 298 |
Adjusted Operating Income (TE) | 2,657 | 1,850 |
Non-interest Expense | 1,217 | 1,103 |
Provision for Loan & Lease Losses | 65 | 251 |
Pretax Operating Income (TE) | 1,375 | 784 |
Pretax Net Operating Income (TE) | 1,375 | 807 |
Applicable Income Taxes | 557 | 1,298 |
Net Operating Income | 818 | 656 |
Net Income | 818 | 656 |
Cash Dividends Declared | 1,000 | 4,080 |
Retained Earnings | — | 461 |