The First National Bank In Cannon Falls
Cannon Falls, MN — Domestic Branch of a Domestic Bank
Acquired Sep 2007
Net Income Analysis
( % relative to Total Revenue )
Income Statement | The First National Bank In Cannon Falls | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 3,173 | 2,891 |
Income from Lease Financing Receivables | 3 | 818 |
20 | 75 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 9 | 34 |
Income on Loans and Leases (TE) | 3,185 | 2,919 |
Investment Interest Income (TE) | 670 | 391 |
Total Interest Income (TE) | 3,955 | 3,419 |
Total Interest Expense | 1,844 | 1,454 |
Net Interest Income (TE) | 2,111 | 1,959 |
Non-Interest Income | 447 | 312 |
Adjusted Operating Income (TE) | 2,558 | 2,284 |
Non-interest Expense | 2,298 | 1,449 |
Provision for Loan & Lease Losses | — | 298 |
Pretax Operating Income (TE) | 260 | 2,717 |
Pretax Net Operating Income (TE) | 264 | 2,722 |
Applicable Income Taxes | 2 | 1,170 |
Net Operating Income | 172 | 2,022 |
Net Income | 172 | 2,022 |
Cash Dividends Declared | — | 1,317 |
Retained Earnings | 172 | 1,685 |