Wells Fargo Bank North Dakota, National Association
Fargo, ND — Domestic Branch of a Domestic Bank
Acquired Feb 2004
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Wells Fargo Bank North Dakota, National Association | All Insured Commercial Banks in North Dakota |
Interest and Fees on Loans | 44,846 | 3,549 |
Income from Lease Financing Receivables | — | 504 |
253 | 160 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | — | 82 |
Income on Loans and Leases (TE) | 44,846 | 3,768 |
Investment Interest Income (TE) | 3,423 | 768 |
Total Interest Income (TE) | 53,554 | 4,655 |
Total Interest Expense | 15,751 | 1,337 |
Net Interest Income (TE) | 37,803 | 3,319 |
Non-Interest Income | 29,481 | 592 |
Adjusted Operating Income (TE) | 67,284 | 3,965 |
Non-interest Expense | 64,734 | 2,421 |
Provision for Loan & Lease Losses | 3,241 | 1,711 |
Pretax Operating Income (TE) | — | 1,351 |
Pretax Net Operating Income (TE) | — | 1,371 |
Applicable Income Taxes | — | 396 |
Net Operating Income | 230 | 914 |
Net Income | 230 | 914 |
Cash Dividends Declared | 10,000 | 1,202 |
Retained Earnings | — | 1,611 |