U.S. Bank National Association Nd
Fargo, ND — National Bank
Acquired May 2013
Net Income Analysis
( % relative to Total Revenue )
Income Statement | U.S. Bank National Association Nd | All Insured Commercial Banks in North Dakota |
Interest and Fees on Loans | 69,155 | 1,638 |
Income from Lease Financing Receivables | — | 11 |
— | 23 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
Income on Loans and Leases (TE) | 69,155 | 1,689 |
Investment Interest Income (TE) | — | 239 |
Total Interest Income (TE) | 69,240 | 1,991 |
Total Interest Expense | 2,235 | 216 |
Net Interest Income (TE) | 67,005 | 1,775 |
Non-Interest Income | 91,499 | 352 |
Adjusted Operating Income (TE) | 158,504 | 2,164 |
Non-interest Expense | 81,619 | 1,263 |
Provision for Loan & Lease Losses | 22,859 | 37 |
Pretax Operating Income (TE) | 54,026 | 847 |
Pretax Net Operating Income (TE) | 54,026 | 849 |
Applicable Income Taxes | 19,169 | 114 |
Net Operating Income | 34,857 | 650 |
Net Income | 34,857 | 650 |
Cash Dividends Declared | — | 218 |
Retained Earnings | 34,857 | 318 |