Victoria State Bank
Victoria, MN — Domestic Branch of a Domestic Bank
Acquired Apr 2005
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Victoria State Bank | All Insured Commercial Banks in Minnesota |
Interest and Fees on Loans | 476 | 994 |
Income from Lease Financing Receivables | — | 287 |
3 | 28 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2 | 14 |
Income on Loans and Leases (TE) | 478 | 1,005 |
Investment Interest Income (TE) | 209 | 161 |
Total Interest Income (TE) | 688 | 1,181 |
Total Interest Expense | 120 | 316 |
Net Interest Income (TE) | 568 | 862 |
Non-Interest Income | 88 | 137 |
Adjusted Operating Income (TE) | 656 | 1,002 |
Non-interest Expense | 326 | 607 |
Provision for Loan & Lease Losses | 19 | 63 |
Pretax Operating Income (TE) | 311 | 762 |
Pretax Net Operating Income (TE) | 311 | 775 |
Applicable Income Taxes | — | 274 |
Net Operating Income | 286 | 601 |
Net Income | 286 | 601 |
Cash Dividends Declared | 66 | 584 |
Retained Earnings | 220 | 490 |