Net Income Analysis ( % relative to Total Revenue )
Income Statement Citizens State Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 1,518 2,554
Income from Lease Financing Receivables — 178
— 57
Estimated Tax Benefit from Tax-Exempt Loan Income — 27
Income on Loans and Leases (TE) 1,518 2,571
Investment Interest Income (TE) 56 658
Total Interest Income (TE) 1,585 3,201
Total Interest Expense 658 1,110
Net Interest Income (TE) 927 2,084
Non-Interest Income 180 431
Adjusted Operating Income (TE) 1,107 2,461
Non-interest Expense 1,182 1,533
Provision for Loan & Lease Losses 2,000 707
Pretax Operating Income (TE) — 1,037
Pretax Net Operating Income (TE) — 1,067
Applicable Income Taxes — 149
Net Operating Income — 802
Net Income — 802
Cash Dividends Declared — 592
Retained Earnings — 508