Net Income Analysis ( % relative to Total Revenue )
Income Statement Desert Hills Bank All Insured Commercial Banks in Arizona
Interest and Fees on Loans 21,574 9,240
Income from Lease Financing Receivables — 4,065
— 150
Estimated Tax Benefit from Tax-Exempt Loan Income — —
Income on Loans and Leases (TE) 21,574 9,273
Investment Interest Income (TE) 221 1,754
Total Interest Income (TE) 22,183 10,440
Total Interest Expense 12,294 3,575
Net Interest Income (TE) 9,889 6,893
Non-Interest Income 4,034 2,319
Adjusted Operating Income (TE) 13,923 10,080
Non-interest Expense 17,366 8,702
Provision for Loan & Lease Losses 6,585 5,650
Pretax Operating Income (TE) -10,028 960
Pretax Net Operating Income (TE) -9,921 965
Applicable Income Taxes -1,125 516
Net Operating Income -8,796 706
Net Income -8,796 706
Cash Dividends Declared — 366
Retained Earnings -8,796 876