State Bank Of Park Rapids
Park Rapids, MN — Domestic Branch of a Domestic Bank
Acquired Jun 2015
Net Income Analysis
( % relative to Total Revenue )
Income Statement | State Bank Of Park Rapids | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 563 | 1,084 |
Income from Lease Financing Receivables | — | 2 |
13 | 9 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 7 | 4 |
Income on Loans and Leases (TE) | 570 | 1,097 |
Investment Interest Income (TE) | 331 | 151 |
Total Interest Income (TE) | 905 | 1,290 |
Total Interest Expense | 119 | 118 |
Net Interest Income (TE) | 786 | 1,167 |
Non-Interest Income | 130 | 192 |
Adjusted Operating Income (TE) | 916 | 1,372 |
Non-interest Expense | 659 | 917 |
Provision for Loan & Lease Losses | — | 22 |
Pretax Operating Income (TE) | 257 | 425 |
Pretax Net Operating Income (TE) | 328 | 433 |
Applicable Income Taxes | 1 | 19 |
Net Operating Income | 260 | 376 |
Net Income | 260 | 378 |
Cash Dividends Declared | 460 | 225 |
Retained Earnings | -200 | 126 |