Net Income Analysis ( % relative to Total Revenue )
Income Statement The First National Bank In Wadena All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 1,501 4,864
Income from Lease Financing Receivables 56 12
26 40
Estimated Tax Benefit from Tax-Exempt Loan Income 13 20
Income on Loans and Leases (TE) 1,570 4,921
Investment Interest Income (TE) 460 592
Total Interest Income (TE) 2,093 5,709
Total Interest Expense 270 508
Net Interest Income (TE) 1,823 5,181
Non-Interest Income 183 905
Adjusted Operating Income (TE) 2,006 6,155
Non-interest Expense 1,665 4,018
Provision for Loan & Lease Losses -40 126
Pretax Operating Income (TE) 381 1,907
Pretax Net Operating Income (TE) 431 1,940
Applicable Income Taxes 97 97
Net Operating Income 270 1,682
Net Income 270 1,683
Cash Dividends Declared 150 1,029
Retained Earnings 120 636