Net Income Analysis ( % relative to Total Revenue )
Income Statement Citizens Bank, National Association All Insured Commercial Banks in Rhode Island
Interest and Fees on Loans 2,923,776 526,340
Income from Lease Financing Receivables 92,632 16,000
54 750
Estimated Tax Benefit from Tax-Exempt Loan Income — 354
Income on Loans and Leases (TE) 3,016,408 542,694
Investment Interest Income (TE) 322,336 57,680
Total Interest Income (TE) 3,368,478 606,823
Total Interest Expense 358,725 67,561
Net Interest Income (TE) 3,009,753 539,262
Non-Interest Income 1,192,205 214,951
Adjusted Operating Income (TE) 4,201,958 754,213
Non-interest Expense 2,637,008 472,528
Provision for Loan & Lease Losses 268,806 46,872
Pretax Operating Income (TE) 1,296,144 234,814
Pretax Net Operating Income (TE) 1,291,980 234,122
Applicable Income Taxes 410,828 74,645
Net Operating Income 881,152 158,991
Net Income 881,152 158,991
Cash Dividends Declared 395,000 70,900
Retained Earnings 486,152 88,091