Net Income Analysis ( % relative to Total Revenue )
Income Statement Arundel Federal Savings Bank All Insured Savings Banks in Maryland
Interest and Fees on Loans 11,179 10,518
Income from Lease Financing Receivables — 0
— 0
Estimated Tax Benefit from Tax-Exempt Loan Income — 0
Income on Loans and Leases (TE) 11,179 10,518
Investment Interest Income (TE) 3,198 984
Total Interest Income (TE) 14,464 11,683
Total Interest Expense 3,811 2,031
Net Interest Income (TE) 10,653 9,652
Non-Interest Income 313 2,684
Adjusted Operating Income (TE) 10,966 12,336
Non-interest Expense 8,817 9,982
Provision for Loan & Lease Losses 280 102
Pretax Operating Income (TE) 1,869 2,253
Pretax Net Operating Income (TE) 2,031 2,305
Applicable Income Taxes 761 129
Net Operating Income 1,213 2,162
Net Income 1,213 2,152
Cash Dividends Declared — 2,492
Retained Earnings 1,213 -340