Net Income Analysis ( % relative to Total Revenue )
Income Statement Farmers & Merchants Bank And Trust Company All Insured Commercial Banks in Missouri
Interest and Fees on Loans 2,101 3,924
Income from Lease Financing Receivables 48 172
37 55
Estimated Tax Benefit from Tax-Exempt Loan Income 19 29
Income on Loans and Leases (TE) 2,168 3,939
Investment Interest Income (TE) 243 641
Total Interest Income (TE) 2,431 4,585
Total Interest Expense 900 1,815
Net Interest Income (TE) 1,531 2,756
Non-Interest Income 396 531
Adjusted Operating Income (TE) 1,927 3,297
Non-interest Expense 1,718 2,001
Provision for Loan & Lease Losses 118 298
Pretax Operating Income (TE) 91 2,744
Pretax Net Operating Income (TE) 91 2,729
Applicable Income Taxes 10 953
Net Operating Income 58 1,881
Net Income 58 1,881
Cash Dividends Declared 60 1,575
Retained Earnings — 955