Net Income Analysis ( % relative to Total Revenue )
Income Statement Emigrant Bank All Insured Savings Banks in New York
Interest and Fees on Loans 251,525 39,050
Income from Lease Financing Receivables 2,397 0
— 4
Estimated Tax Benefit from Tax-Exempt Loan Income — 1
Income on Loans and Leases (TE) 253,922 39,115
Investment Interest Income (TE) 22,376 3,855
Total Interest Income (TE) 278,152 43,781
Total Interest Expense 37,608 7,561
Net Interest Income (TE) 240,544 36,228
Non-Interest Income 64,248 6,784
Adjusted Operating Income (TE) 304,792 43,792
Non-interest Expense 219,388 29,042
Provision for Loan & Lease Losses 7,983 563
Pretax Operating Income (TE) 77,421 13,959
Pretax Net Operating Income (TE) 64,962 14,008
Applicable Income Taxes 24,236 5,088
Net Operating Income 39,800 8,538
Net Income 39,196 8,523
Cash Dividends Declared 50,000 1,972
Retained Earnings -10,804 5,990