Net Income Analysis ( % relative to Total Revenue )
Income Statement Farmers And Merchants Bank All Insured Commercial Banks in Nebraska
Interest and Fees on Loans 13,478 5,628
Income from Lease Financing Receivables 64 1
11 22
Estimated Tax Benefit from Tax-Exempt Loan Income 6 11
Income on Loans and Leases (TE) 13,548 5,649
Investment Interest Income (TE) 8,662 825
Total Interest Income (TE) 22,347 6,660
Total Interest Expense 6,853 793
Net Interest Income (TE) 15,494 5,813
Non-Interest Income 2,180 986
Adjusted Operating Income (TE) 17,674 6,872
Non-interest Expense 9,565 4,155
Provision for Loan & Lease Losses 750 208
Pretax Operating Income (TE) 7,359 2,412
Pretax Net Operating Income (TE) 9,452 2,466
Applicable Income Taxes 1,128 297
Net Operating Income 6,984 1,910
Net Income 6,984 1,911
Cash Dividends Declared — 887
Retained Earnings 6,984 1,015