Valley Bank Dundas
Dundas, MN — Domestic Branch of a Domestic Bank
Acquired Apr 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Bank Dundas | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 307 | 994 |
Income from Lease Financing Receivables | — | 287 |
— | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 14 |
Income on Loans and Leases (TE) | 307 | 1,005 |
Investment Interest Income (TE) | 50 | 161 |
Total Interest Income (TE) | 367 | 1,181 |
Total Interest Expense | 101 | 316 |
Net Interest Income (TE) | 266 | 862 |
Non-Interest Income | 48 | 137 |
Adjusted Operating Income (TE) | 314 | 1,002 |
Non-interest Expense | 214 | 607 |
Provision for Loan & Lease Losses | 3 | 63 |
Pretax Operating Income (TE) | 97 | 762 |
Pretax Net Operating Income (TE) | 103 | 775 |
Applicable Income Taxes | — | 274 |
Net Operating Income | 210 | 601 |
Net Income | 210 | 601 |
Cash Dividends Declared | 244 | 584 |
Retained Earnings | — | 490 |