Net Income Analysis ( % relative to Total Revenue )
Income Statement Bank Of Utica All Insured Commercial Banks in New York
Interest and Fees on Loans 2,870 41,190
Income from Lease Financing Receivables — 11
— 99
Estimated Tax Benefit from Tax-Exempt Loan Income — 52
Income on Loans and Leases (TE) 2,870 41,538
Investment Interest Income (TE) 24,241 6,772
Total Interest Income (TE) 27,240 51,262
Total Interest Expense 7,468 6,465
Net Interest Income (TE) 19,772 44,373
Non-Interest Income 450 11,435
Adjusted Operating Income (TE) 20,222 60,531
Non-interest Expense 6,612 38,074
Provision for Loan & Lease Losses — 2,203
Pretax Operating Income (TE) 13,610 19,351
Pretax Net Operating Income (TE) 15,486 20,027
Applicable Income Taxes 3,723 5,930
Net Operating Income 10,882 13,255
Net Income 10,882 13,254
Cash Dividends Declared 3,313 2,280
Retained Earnings 7,569 7,706