Net Income Analysis ( % relative to Total Revenue )
Income Statement Discover Bank All Insured Commercial Banks in Delaware
Interest and Fees on Loans 8,781,052 1,001,614
Income from Lease Financing Receivables — 23,544
— 31,054
Estimated Tax Benefit from Tax-Exempt Loan Income — 15,927
Income on Loans and Leases (TE) 8,781,052 1,041,085
Investment Interest Income (TE) 39,336 251,880
Total Interest Income (TE) 8,881,210 1,321,383
Total Interest Expense 1,249,784 162,492
Net Interest Income (TE) 7,631,426 1,158,891
Non-Interest Income 983,548 571,941
Adjusted Operating Income (TE) 8,614,974 1,730,832
Non-interest Expense 3,192,911 1,180,879
Provision for Loan & Lease Losses 1,858,346 91,751
Pretax Operating Income (TE) 3,563,717 458,202
Pretax Net Operating Income (TE) 3,564,562 463,389
Applicable Income Taxes 1,254,886 110,984
Net Operating Income 2,309,596 332,010
Net Income 2,309,596 318,459
Cash Dividends Declared 1,800,000 204,476
Retained Earnings 509,596 113,982