Net Income Analysis ( % relative to Total Revenue )
Income Statement Frost State Bank All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 2,199 4,864
Income from Lease Financing Receivables — 12
— 40
Estimated Tax Benefit from Tax-Exempt Loan Income — 20
Income on Loans and Leases (TE) 2,199 4,921
Investment Interest Income (TE) 17 592
Total Interest Income (TE) 2,246 5,709
Total Interest Expense 493 508
Net Interest Income (TE) 1,753 5,181
Non-Interest Income 144 905
Adjusted Operating Income (TE) 1,897 6,155
Non-interest Expense 659 4,018
Provision for Loan & Lease Losses 100 126
Pretax Operating Income (TE) 1,138 1,907
Pretax Net Operating Income (TE) 1,138 1,940
Applicable Income Taxes 456 97
Net Operating Income 677 1,682
Net Income 677 1,683
Cash Dividends Declared 200 1,029
Retained Earnings 477 636