Net Income Analysis ( % relative to Total Revenue )
Income Statement Border State Bank All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 2,434 1,783
Income from Lease Financing Receivables — 1,182
2 51
Estimated Tax Benefit from Tax-Exempt Loan Income 1 24
Income on Loans and Leases (TE) 2,435 1,807
Investment Interest Income (TE) 139 333
Total Interest Income (TE) 2,601 2,174
Total Interest Expense 749 630
Net Interest Income (TE) 1,852 1,534
Non-Interest Income 420 298
Adjusted Operating Income (TE) 2,272 1,850
Non-interest Expense 1,408 1,103
Provision for Loan & Lease Losses 90 251
Pretax Operating Income (TE) 774 784
Pretax Net Operating Income (TE) 774 807
Applicable Income Taxes 312 1,298
Net Operating Income 459 656
Net Income 459 656
Cash Dividends Declared — 4,080
Retained Earnings 459 461