Net Income Analysis ( % relative to Total Revenue )
Income Statement Concord Bank, National Association All Insured Commercial Banks in Texas
Interest and Fees on Loans 2,204 1,617
Income from Lease Financing Receivables — 433
— 45
Estimated Tax Benefit from Tax-Exempt Loan Income — 22
Income on Loans and Leases (TE) 2,204 1,628
Investment Interest Income (TE) 80 554
Total Interest Income (TE) 2,327 2,187
Total Interest Expense 919 711
Net Interest Income (TE) 1,408 1,485
Non-Interest Income 37 364
Adjusted Operating Income (TE) 1,445 1,870
Non-interest Expense 1,445 1,184
Provision for Loan & Lease Losses — 174
Pretax Operating Income (TE) — 1,345
Pretax Net Operating Income (TE) — 1,342
Applicable Income Taxes — 570
Net Operating Income — 991
Net Income — 979
Cash Dividends Declared — 919
Retained Earnings — 691