Wells Fargo Bank Montana, National Association
Billings, MT — Domestic Branch of a Domestic Bank
Acquired Nov 2003
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Wells Fargo Bank Montana, National Association | All Insured Commercial Banks in Montana |
Interest and Fees on Loans | 34,182 | 3,936 |
Income from Lease Financing Receivables | — | 159 |
86 | 63 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 41 | 33 |
Income on Loans and Leases (TE) | 34,223 | 3,952 |
Investment Interest Income (TE) | 5,456 | 778 |
Total Interest Income (TE) | 44,637 | 4,802 |
Total Interest Expense | 8,909 | 1,265 |
Net Interest Income (TE) | 35,728 | 3,538 |
Non-Interest Income | 26,997 | 739 |
Adjusted Operating Income (TE) | 62,725 | 4,288 |
Non-interest Expense | 51,378 | 2,367 |
Provision for Loan & Lease Losses | 1,040 | 317 |
Pretax Operating Income (TE) | 10,307 | 2,863 |
Pretax Net Operating Income (TE) | 10,571 | 2,886 |
Applicable Income Taxes | 3,159 | 992 |
Net Operating Income | 7,208 | 1,994 |
Net Income | 7,208 | 1,994 |
Cash Dividends Declared | 11,000 | 1,377 |
Retained Earnings | — | 1,060 |