Net Income Analysis ( % relative to Total Revenue )
Income Statement Commerce Bank/Pennsylvania, National Association All Insured Commercial Banks in Pennsylvania
Interest and Fees on Loans 45,789 8,237
Income from Lease Financing Receivables — 3,946
1,379 356
Estimated Tax Benefit from Tax-Exempt Loan Income 505 161
Income on Loans and Leases (TE) 46,294 8,392
Investment Interest Income (TE) 90,429 2,668
Total Interest Income (TE) 139,334 11,210
Total Interest Expense 39,878 3,774
Net Interest Income (TE) 99,456 7,437
Non-Interest Income 16,454 2,290
Adjusted Operating Income (TE) 115,910 9,614
Non-interest Expense 62,941 5,956
Provision for Loan & Lease Losses 2,337 373
Pretax Operating Income (TE) 50,632 13,922
Pretax Net Operating Income (TE) 51,557 13,859
Applicable Income Taxes 17,485 3,900
Net Operating Income 33,567 9,825
Net Income 33,567 9,765
Cash Dividends Declared 5,000 8,531
Retained Earnings 28,567 3,265