Net Income Analysis ( % relative to Total Revenue )
Income Statement Goldwater Bank, N.A. All Insured Commercial Banks in Arizona
Interest and Fees on Loans 6,101 47,461
Income from Lease Financing Receivables — 312
— 2,043
Estimated Tax Benefit from Tax-Exempt Loan Income — 1,098
Income on Loans and Leases (TE) 6,101 48,872
Investment Interest Income (TE) 50 5,018
Total Interest Income (TE) 6,354 54,451
Total Interest Expense 882 2,892
Net Interest Income (TE) 5,472 51,559
Non-Interest Income 69,150 9,875
Adjusted Operating Income (TE) 74,622 61,434
Non-interest Expense 70,906 32,874
Provision for Loan & Lease Losses — 801
Pretax Operating Income (TE) 3,716 27,759
Pretax Net Operating Income (TE) 3,716 27,886
Applicable Income Taxes 73 7,553
Net Operating Income 3,643 18,705
Net Income 3,643 18,705
Cash Dividends Declared 149 581
Retained Earnings 3,494 18,123