Net Income Analysis ( % relative to Total Revenue )
Income Statement Graystone Tower Bank All Insured Commercial Banks in Pennsylvania
Interest and Fees on Loans 114,738 19,108
Income from Lease Financing Receivables 61 28
— 352
Estimated Tax Benefit from Tax-Exempt Loan Income — 151
Income on Loans and Leases (TE) 114,799 19,404
Investment Interest Income (TE) 4,473 4,432
Total Interest Income (TE) 119,520 24,258
Total Interest Expense 21,311 5,062
Net Interest Income (TE) 98,209 19,140
Non-Interest Income 21,034 4,499
Adjusted Operating Income (TE) 119,243 23,575
Non-interest Expense 88,093 15,878
Provision for Loan & Lease Losses 5,700 1,882
Pretax Operating Income (TE) 25,450 5,929
Pretax Net Operating Income (TE) 27,316 6,195
Applicable Income Taxes 8,526 1,366
Net Operating Income 18,522 4,224
Net Income 18,464 4,223
Cash Dividends Declared 3,362 1,551
Retained Earnings 15,102 2,532