The Citizens State Bank Of Olivia
Olivia, MN — Non-member Bank
Acquired Feb 2014
Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The Citizens State Bank Of Olivia | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 540 | 4,382 |
| Income from Lease Financing Receivables | — | 8 |
| — | 42 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 20 |
| Income on Loans and Leases (TE) | 540 | 4,439 |
| Investment Interest Income (TE) | 70 | 597 |
| Total Interest Income (TE) | 660 | 5,176 |
| Total Interest Expense | 43 | 580 |
| Net Interest Income (TE) | 617 | 4,573 |
| Non-Interest Income | 80 | 780 |
| Adjusted Operating Income (TE) | 697 | 5,405 |
| Non-interest Expense | 811 | 3,697 |
| Provision for Loan & Lease Losses | — | 110 |
| Pretax Operating Income (TE) | -114 | 1,518 |
| Pretax Net Operating Income (TE) | -114 | 1,545 |
| Applicable Income Taxes | — | 75 |
| Net Operating Income | -114 | 1,303 |
| Net Income | -114 | 1,303 |
| Cash Dividends Declared | — | 672 |
| Retained Earnings | -114 | 519 |