Net Income Analysis ( % relative to Total Revenue )
Income Statement Far East National Bank All Insured Commercial Banks in California
Interest and Fees on Loans 38,955 39,600
Income from Lease Financing Receivables — 93
— 41
Estimated Tax Benefit from Tax-Exempt Loan Income — 21
Income on Loans and Leases (TE) 38,955 39,939
Investment Interest Income (TE) 2,400 4,547
Total Interest Income (TE) 43,864 46,718
Total Interest Expense 5,990 3,460
Net Interest Income (TE) 37,874 42,511
Non-Interest Income 14,143 7,405
Adjusted Operating Income (TE) 52,017 56,117
Non-interest Expense 27,729 31,848
Provision for Loan & Lease Losses -3,083 726
Pretax Operating Income (TE) 27,371 20,596
Pretax Net Operating Income (TE) 27,371 21,052
Applicable Income Taxes 1,716 7,212
Net Operating Income 25,516 12,949
Net Income 25,516 12,577
Cash Dividends Declared — 2,927
Retained Earnings 25,516 8,927