Net Income Analysis ( % relative to Total Revenue )
Income Statement Farmers Savings Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 783 2,476
Income from Lease Financing Receivables — 0
6 20
Estimated Tax Benefit from Tax-Exempt Loan Income — 10
Income on Loans and Leases (TE) 783 2,490
Investment Interest Income (TE) 755 621
Total Interest Income (TE) 1,550 3,192
Total Interest Expense 263 413
Net Interest Income (TE) 1,287 2,771
Non-Interest Income 103 475
Adjusted Operating Income (TE) 1,390 3,253
Non-interest Expense 1,978 1,932
Provision for Loan & Lease Losses — 58
Pretax Operating Income (TE) -588 1,228
Pretax Net Operating Income (TE) -588 1,244
Applicable Income Taxes -12 128
Net Operating Income -576 958
Net Income -576 958
Cash Dividends Declared — 430
Retained Earnings -576 502