Unity Bank Central
Staples, MN — Domestic Branch of a Domestic Bank
Acquired Dec 2006
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Unity Bank Central | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 1,469 | 4,017 |
Income from Lease Financing Receivables | — | 995 |
— | 103 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 48 |
Income on Loans and Leases (TE) | 1,469 | 4,055 |
Investment Interest Income (TE) | 244 | 520 |
Total Interest Income (TE) | 1,721 | 4,654 |
Total Interest Expense | 700 | 1,738 |
Net Interest Income (TE) | 1,021 | 2,907 |
Non-Interest Income | 201 | 460 |
Adjusted Operating Income (TE) | 1,222 | 3,382 |
Non-interest Expense | 887 | 2,041 |
Provision for Loan & Lease Losses | 72 | 261 |
Pretax Operating Income (TE) | 263 | 2,504 |
Pretax Net Operating Income (TE) | 263 | 2,506 |
Applicable Income Taxes | — | 746 |
Net Operating Income | 263 | 1,981 |
Net Income | 263 | 1,982 |
Cash Dividends Declared | 222 | 1,568 |
Retained Earnings | 41 | 938 |