The First National Bank Of Milaca
Milaca, MN — National Bank
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Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The First National Bank Of Milaca | All Insured Commercial Banks in Minnesota |
| Interest and Fees on Loans | 6,529 | 4,864 |
| Income from Lease Financing Receivables | — | 12 |
| 20 | 40 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | 10 | 20 |
| Income on Loans and Leases (TE) | 6,539 | 4,921 |
| Investment Interest Income (TE) | 869 | 592 |
| Total Interest Income (TE) | 7,705 | 5,709 |
| Total Interest Expense | 497 | 508 |
| Net Interest Income (TE) | 7,208 | 5,181 |
| Non-Interest Income | 1,287 | 905 |
| Adjusted Operating Income (TE) | 8,495 | 6,155 |
| Non-interest Expense | 4,865 | 4,018 |
| Provision for Loan & Lease Losses | 325 | 126 |
| Pretax Operating Income (TE) | 3,305 | 1,907 |
| Pretax Net Operating Income (TE) | 3,377 | 1,940 |
| Applicable Income Taxes | — | 97 |
| Net Operating Income | 3,241 | 1,682 |
| Net Income | 3,241 | 1,683 |
| Cash Dividends Declared | 2,436 | 1,029 |
| Retained Earnings | 805 | 636 |