Net Income Analysis ( % relative to Total Revenue )
Income Statement Fremont Bank All Insured Commercial Banks in California
Interest and Fees on Loans 111,665 39,600
Income from Lease Financing Receivables — 93
29 41
Estimated Tax Benefit from Tax-Exempt Loan Income 16 21
Income on Loans and Leases (TE) 111,681 39,939
Investment Interest Income (TE) 9,440 4,547
Total Interest Income (TE) 123,984 46,718
Total Interest Expense 4,199 3,460
Net Interest Income (TE) 119,785 42,511
Non-Interest Income 80,845 7,405
Adjusted Operating Income (TE) 200,630 56,117
Non-interest Expense 140,950 31,848
Provision for Loan & Lease Losses -1,896 726
Pretax Operating Income (TE) 61,576 20,596
Pretax Net Operating Income (TE) 61,484 21,052
Applicable Income Taxes 2,154 7,212
Net Operating Income 58,712 12,949
Net Income 58,712 12,577
Cash Dividends Declared 31,850 2,927
Retained Earnings 26,862 8,927