Net Income Analysis ( % relative to Total Revenue )
Income Statement Flagstar Bank, Fsb All Insured Savings Banks in Michigan
Interest and Fees on Loans 341,076 45,618
Income from Lease Financing Receivables 372 34
224 22
Estimated Tax Benefit from Tax-Exempt Loan Income 115 11
Income on Loans and Leases (TE) 341,563 45,663
Investment Interest Income (TE) 68,003 7,154
Total Interest Income (TE) 417,050 53,741
Total Interest Expense 79,103 9,720
Net Interest Income (TE) 337,947 44,021
Non-Interest Income 471,050 45,416
Adjusted Operating Income (TE) 808,997 89,437
Non-interest Expense 537,840 57,756
Provision for Loan & Lease Losses -8,242 -740
Pretax Operating Income (TE) 279,399 32,421
Pretax Net Operating Income (TE) 283,595 32,822
Applicable Income Taxes 95,000 11,329
Net Operating Income 188,480 21,424
Net Income 188,480 21,424
Cash Dividends Declared 200,000 19,867
Retained Earnings -11,520 1,558