Net Income Analysis ( % relative to Total Revenue )
Income Statement First State Bank All Insured Commercial Banks in Texas
Interest and Fees on Loans 5,829 10,872
Income from Lease Financing Receivables 2 2
351 44
Estimated Tax Benefit from Tax-Exempt Loan Income 181 22
Income on Loans and Leases (TE) 6,012 10,941
Investment Interest Income (TE) 1,737 2,007
Total Interest Income (TE) 7,917 13,476
Total Interest Expense 436 1,063
Net Interest Income (TE) 7,481 12,338
Non-Interest Income 1,474 2,639
Adjusted Operating Income (TE) 8,955 15,335
Non-interest Expense 5,246 9,693
Provision for Loan & Lease Losses — 524
Pretax Operating Income (TE) 3,709 4,819
Pretax Net Operating Income (TE) 3,714 4,946
Applicable Income Taxes — 576
Net Operating Income 3,319 3,858
Net Income 3,319 3,845
Cash Dividends Declared 1,860 1,701
Retained Earnings 1,459 1,997