Net Income Analysis ( % relative to Total Revenue )
Income Statement First Security Bank - West All Insured Commercial Banks in North Dakota
Interest and Fees on Loans 1,351 7,878
Income from Lease Financing Receivables 36 41
79 62
Estimated Tax Benefit from Tax-Exempt Loan Income 41 32
Income on Loans and Leases (TE) 1,428 8,071
Investment Interest Income (TE) 727 1,178
Total Interest Income (TE) 2,408 9,503
Total Interest Expense 70 749
Net Interest Income (TE) 2,338 8,704
Non-Interest Income 170 1,682
Adjusted Operating Income (TE) 2,508 10,383
Non-interest Expense 1,296 6,115
Provision for Loan & Lease Losses 30 424
Pretax Operating Income (TE) 1,182 3,789
Pretax Net Operating Income (TE) 1,461 3,895
Applicable Income Taxes — 324
Net Operating Income 1,328 3,002
Net Income 1,328 3,002
Cash Dividends Declared — 1,740
Retained Earnings 1,328 1,178