Net Income Analysis ( % relative to Total Revenue )
Income Statement East Boston Savings Bank All Insured Savings Banks in Massachusetts
Interest and Fees on Loans 147,687 22,507
Income from Lease Financing Receivables — 0
8,619 12
Estimated Tax Benefit from Tax-Exempt Loan Income 4,641 5
Income on Loans and Leases (TE) 152,328 22,524
Investment Interest Income (TE) 2,386 2,367
Total Interest Income (TE) 155,857 25,271
Total Interest Expense 27,839 3,912
Net Interest Income (TE) 128,018 21,140
Non-Interest Income 10,485 4,299
Adjusted Operating Income (TE) 138,503 27,158
Non-interest Expense 77,782 19,697
Provision for Loan & Lease Losses 7,180 554
Pretax Operating Income (TE) 53,541 6,325
Pretax Net Operating Income (TE) 56,379 6,941
Applicable Income Taxes 17,720 1,880
Net Operating Income 33,957 4,661
Net Income 33,957 4,648
Cash Dividends Declared — 46
Retained Earnings 33,957 4,164