Net Income Analysis ( % relative to Total Revenue )
Income Statement Grand Mountain Bank, Fsb All Insured Savings Banks in Colorado
Interest and Fees on Loans 3,117 6,236
Income from Lease Financing Receivables 2 24
2 24
Estimated Tax Benefit from Tax-Exempt Loan Income 1 11
Income on Loans and Leases (TE) 3,120 6,271
Investment Interest Income (TE) 142 2,414
Total Interest Income (TE) 3,518 9,206
Total Interest Expense 143 1,320
Net Interest Income (TE) 3,375 7,886
Non-Interest Income 464 402
Adjusted Operating Income (TE) 3,839 8,287
Non-interest Expense 3,771 5,508
Provision for Loan & Lease Losses -655 140
Pretax Operating Income (TE) 723 2,639
Pretax Net Operating Income (TE) 723 2,705
Applicable Income Taxes — 839
Net Operating Income 701 1,820
Net Income 701 1,820
Cash Dividends Declared — 799
Retained Earnings 701 1,021