Net Income Analysis ( % relative to Total Revenue )
Income Statement First Niagara Bank, National Association All Insured Commercial Banks in New York
Interest and Fees on Loans 165,933 35,323
Income from Lease Financing Receivables 537 21
3,028 86
Estimated Tax Benefit from Tax-Exempt Loan Income — 39
Income on Loans and Leases (TE) 166,470 35,615
Investment Interest Income (TE) 17,130 5,820
Total Interest Income (TE) 186,652 44,196
Total Interest Expense 11,040 5,278
Net Interest Income (TE) 175,612 38,608
Non-Interest Income 49,038 9,112
Adjusted Operating Income (TE) 224,650 54,454
Non-interest Expense 212,712 33,757
Provision for Loan & Lease Losses 17,261 1,439
Pretax Operating Income (TE) -5,323 17,987
Pretax Net Operating Income (TE) -10,981 18,652
Applicable Income Taxes -7,604 6,225
Net Operating Income -3,377 11,609
Net Income -3,382 11,608
Cash Dividends Declared — 1,753
Retained Earnings -3,382 5,838