Net Income Analysis ( % relative to Total Revenue )
Income Statement Academy Bank, National Association All Insured Commercial Banks in Colorado
Interest and Fees on Loans 30,635 12,058
Income from Lease Financing Receivables 58 15
27 86
Estimated Tax Benefit from Tax-Exempt Loan Income 15 44
Income on Loans and Leases (TE) 30,708 12,124
Investment Interest Income (TE) 3,687 1,943
Total Interest Income (TE) 35,563 14,428
Total Interest Expense 5,229 901
Net Interest Income (TE) 30,334 13,487
Non-Interest Income 60,574 4,327
Adjusted Operating Income (TE) 90,908 18,392
Non-interest Expense 74,404 12,555
Provision for Loan & Lease Losses 5,650 237
Pretax Operating Income (TE) 10,854 5,288
Pretax Net Operating Income (TE) 10,875 5,374
Applicable Income Taxes 4,209 823
Net Operating Income 6,651 4,034
Net Income 6,651 4,034
Cash Dividends Declared — 1,590
Retained Earnings 6,651 2,176