Net Income Analysis ( % relative to Total Revenue )
Income Statement Eastwood Bank All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 19,475 4,366
Income from Lease Financing Receivables 1 8
32 37
Estimated Tax Benefit from Tax-Exempt Loan Income 16 18
Income on Loans and Leases (TE) 19,492 4,418
Investment Interest Income (TE) 4,174 632
Total Interest Income (TE) 23,820 5,206
Total Interest Expense 2,380 504
Net Interest Income (TE) 21,440 4,678
Non-Interest Income 6,552 800
Adjusted Operating Income (TE) 27,992 5,541
Non-interest Expense 22,595 3,745
Provision for Loan & Lease Losses -67 83
Pretax Operating Income (TE) 5,464 1,646
Pretax Net Operating Income (TE) 7,129 1,670
Applicable Income Taxes 16 64
Net Operating Income 6,699 1,450
Net Income 6,699 1,460
Cash Dividends Declared 6,129 816
Retained Earnings 570 592