Net Income Analysis ( % relative to Total Revenue )
Income Statement Allfirst Bank All Insured Commercial Banks in Maryland
Interest and Fees on Loans 122,233 3,961
Income from Lease Financing Receivables 7,808 1,256
778 78
Estimated Tax Benefit from Tax-Exempt Loan Income 338 37
Income on Loans and Leases (TE) 130,379 4,009
Investment Interest Income (TE) 12,227 1,000
Total Interest Income (TE) 147,648 5,115
Total Interest Expense 42,874 1,413
Net Interest Income (TE) 104,774 3,705
Non-Interest Income 76,991 916
Adjusted Operating Income (TE) 181,765 4,615
Non-interest Expense 136,672 2,662
Provision for Loan & Lease Losses 9,838 391
Pretax Operating Income (TE) 35,255 3,124
Pretax Net Operating Income (TE) 61,053 3,533
Applicable Income Taxes 16,137 1,157
Net Operating Income 44,333 2,360
Net Income 44,333 2,360
Cash Dividends Declared — 1,231
Retained Earnings 44,333 1,599