Net Income Analysis ( % relative to Total Revenue )
Income Statement Friona State Bank, N.A. All Insured Commercial Banks in Texas
Interest and Fees on Loans 3,087 5,916
Income from Lease Financing Receivables — 1
16 23
Estimated Tax Benefit from Tax-Exempt Loan Income 7 10
Income on Loans and Leases (TE) 3,094 5,962
Investment Interest Income (TE) — 1,357
Total Interest Income (TE) 3,108 7,573
Total Interest Expense 446 1,510
Net Interest Income (TE) 2,662 6,005
Non-Interest Income 345 1,223
Adjusted Operating Income (TE) 3,007 7,305
Non-interest Expense 1,429 4,957
Provision for Loan & Lease Losses -48 535
Pretax Operating Income (TE) 1,626 1,781
Pretax Net Operating Income (TE) 1,626 1,894
Applicable Income Taxes — 178
Net Operating Income 1,619 1,508
Net Income 1,619 1,531
Cash Dividends Declared 1,475 526
Retained Earnings 144 887