Valley Exchange Bank
Lennox, SD — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Valley Exchange Bank | All Insured Commercial Banks in South Dakota |
Interest and Fees on Loans | 1,378 | 11,165 |
Income from Lease Financing Receivables | — | 9 |
— | 69 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 36 |
Income on Loans and Leases (TE) | 1,378 | 11,237 |
Investment Interest Income (TE) | 125 | 1,143 |
Total Interest Income (TE) | 1,716 | 12,568 |
Total Interest Expense | 192 | 1,156 |
Net Interest Income (TE) | 1,524 | 11,412 |
Non-Interest Income | 177 | 3,519 |
Adjusted Operating Income (TE) | 1,701 | 15,007 |
Non-interest Expense | 1,424 | 9,017 |
Provision for Loan & Lease Losses | 50 | 665 |
Pretax Operating Income (TE) | 227 | 4,931 |
Pretax Net Operating Income (TE) | 227 | 4,991 |
Applicable Income Taxes | 69 | 989 |
Net Operating Income | 155 | 3,749 |
Net Income | 155 | 3,749 |
Cash Dividends Declared | 250 | 1,737 |
Retained Earnings | -95 | 1,960 |