Net Income Analysis ( % relative to Total Revenue )
Income Statement City Bank New Mexico All Insured Commercial Banks in New Mexico
Interest and Fees on Loans 1,724 4,201
Income from Lease Financing Receivables — 2
15 4
Estimated Tax Benefit from Tax-Exempt Loan Income 8 2
Income on Loans and Leases (TE) 1,732 4,211
Investment Interest Income (TE) 580 1,140
Total Interest Income (TE) 2,339 5,583
Total Interest Expense 210 408
Net Interest Income (TE) 2,129 5,157
Non-Interest Income 421 1,123
Adjusted Operating Income (TE) 2,550 6,338
Non-interest Expense 1,957 4,500
Provision for Loan & Lease Losses 9 105
Pretax Operating Income (TE) 584 1,551
Pretax Net Operating Income (TE) 584 1,567
Applicable Income Taxes — 85
Net Operating Income 398 1,312
Net Income 398 1,306
Cash Dividends Declared 180 849
Retained Earnings 218 328