Net Income Analysis ( % relative to Total Revenue )
Income Statement First Independent Bank All Insured Commercial Banks in Washington
Interest and Fees on Loans 28,194 19,151
Income from Lease Financing Receivables 91 12
465 84
Estimated Tax Benefit from Tax-Exempt Loan Income 232 41
Income on Loans and Leases (TE) 28,517 19,300
Investment Interest Income (TE) 7,834 2,088
Total Interest Income (TE) 36,421 21,593
Total Interest Expense 2,500 2,715
Net Interest Income (TE) 33,921 18,635
Non-Interest Income 9,500 3,374
Adjusted Operating Income (TE) 43,421 21,980
Non-interest Expense 32,515 15,702
Provision for Loan & Lease Losses -1,528 2,664
Pretax Operating Income (TE) 12,434 2,964
Pretax Net Operating Income (TE) 12,536 3,206
Applicable Income Taxes — 557
Net Operating Income 10,336 2,249
Net Income 10,336 2,249
Cash Dividends Declared 1,550 552
Retained Earnings 8,786 983