Net Income Analysis ( % relative to Total Revenue )
Income Statement Atwater State Bank All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 1,704 4,347
Income from Lease Financing Receivables — 8
— 44
Estimated Tax Benefit from Tax-Exempt Loan Income — 19
Income on Loans and Leases (TE) 1,704 4,402
Investment Interest Income (TE) 109 583
Total Interest Income (TE) 1,865 5,137
Total Interest Expense 336 744
Net Interest Income (TE) 1,529 4,371
Non-Interest Income 106 691
Adjusted Operating Income (TE) 1,635 5,158
Non-interest Expense 1,321 3,542
Provision for Loan & Lease Losses — 221
Pretax Operating Income (TE) 314 1,270
Pretax Net Operating Income (TE) 317 1,337
Applicable Income Taxes — 69
Net Operating Income 290 1,125
Net Income 290 1,125
Cash Dividends Declared 95 606
Retained Earnings 195 456