Net Income Analysis ( % relative to Total Revenue )
Income Statement Farmers State Bank All Insured Commercial Banks in Montana
Interest and Fees on Loans 7,648 6,458
Income from Lease Financing Receivables — 1
50 26
Estimated Tax Benefit from Tax-Exempt Loan Income 26 13
Income on Loans and Leases (TE) 7,674 6,472
Investment Interest Income (TE) 2,367 800
Total Interest Income (TE) 10,106 7,367
Total Interest Expense 266 569
Net Interest Income (TE) 9,840 6,764
Non-Interest Income 3,251 1,569
Adjusted Operating Income (TE) 13,091 8,328
Non-interest Expense 9,767 4,941
Provision for Loan & Lease Losses -250 127
Pretax Operating Income (TE) 3,574 3,241
Pretax Net Operating Income (TE) 3,574 3,299
Applicable Income Taxes 907 371
Net Operating Income 2,238 2,814
Net Income 2,238 2,814
Cash Dividends Declared 100 1,559
Retained Earnings 2,138 1,284