Net Income Analysis ( % relative to Total Revenue )
Income Statement Beacon Federal All Insured Savings Banks in New York
Interest and Fees on Loans 28,297 24,890
Income from Lease Financing Receivables — 0
— 5
Estimated Tax Benefit from Tax-Exempt Loan Income — 3
Income on Loans and Leases (TE) 28,297 24,922
Investment Interest Income (TE) 3,570 5,076
Total Interest Income (TE) 32,257 30,713
Total Interest Expense 11,678 6,949
Net Interest Income (TE) 20,579 23,768
Non-Interest Income 4,608 3,857
Adjusted Operating Income (TE) 25,187 27,612
Non-interest Expense 17,114 17,956
Provision for Loan & Lease Losses 2,075 1,558
Pretax Operating Income (TE) 5,998 8,330
Pretax Net Operating Income (TE) 5,698 9,186
Applicable Income Taxes 2,086 3,450
Net Operating Income 3,612 5,535
Net Income 3,612 5,521
Cash Dividends Declared — 1,520
Retained Earnings 3,612 3,482