Net Income Analysis ( % relative to Total Revenue )
Income Statement Banco Popular North America All Insured Commercial Banks in New York
Interest and Fees on Loans 269,044 41,190
Income from Lease Financing Receivables 56 11
— 99
Estimated Tax Benefit from Tax-Exempt Loan Income — 52
Income on Loans and Leases (TE) 269,100 41,538
Investment Interest Income (TE) 32,802 6,772
Total Interest Income (TE) 307,823 51,262
Total Interest Expense 49,408 6,465
Net Interest Income (TE) 258,415 44,373
Non-Interest Income 22,174 11,435
Adjusted Operating Income (TE) 280,589 60,531
Non-interest Expense 190,244 38,074
Provision for Loan & Lease Losses 15,266 2,203
Pretax Operating Income (TE) 75,079 19,351
Pretax Net Operating Income (TE) 75,079 20,027
Applicable Income Taxes 33,510 5,930
Net Operating Income 41,569 13,255
Net Income 41,569 13,254
Cash Dividends Declared — 2,280
Retained Earnings 41,569 7,706