Net Income Analysis ( % relative to Total Revenue )
Income Statement Alva State Bank & Trust Company All Insured Commercial Banks in Oklahoma
Interest and Fees on Loans 12,393 7,418
Income from Lease Financing Receivables — 18
46 37
Estimated Tax Benefit from Tax-Exempt Loan Income 24 19
Income on Loans and Leases (TE) 12,417 7,480
Investment Interest Income (TE) 1,003 972
Total Interest Income (TE) 13,593 8,661
Total Interest Expense 1,364 749
Net Interest Income (TE) 12,229 7,866
Non-Interest Income 653 1,736
Adjusted Operating Income (TE) 12,882 9,962
Non-interest Expense 4,996 6,544
Provision for Loan & Lease Losses 1,075 343
Pretax Operating Income (TE) 6,811 2,979
Pretax Net Operating Income (TE) 6,976 3,057
Applicable Income Taxes — 104
Net Operating Income 6,893 2,672
Net Income 6,893 2,672
Cash Dividends Declared 6,000 1,602
Retained Earnings 893 1,026