Net Income Analysis ( % relative to Total Revenue )
Income Statement Greater Buffalo Savings Bank All Insured Savings Banks in New York
Interest and Fees on Loans 33,267 50,803
Income from Lease Financing Receivables 1 6,059
— 254
Estimated Tax Benefit from Tax-Exempt Loan Income — 131
Income on Loans and Leases (TE) 33,268 51,136
Investment Interest Income (TE) 10,733 32,254
Total Interest Income (TE) 44,281 96,905
Total Interest Expense 29,100 57,345
Net Interest Income (TE) 15,181 39,604
Non-Interest Income 3,454 9,705
Adjusted Operating Income (TE) 18,635 49,298
Non-interest Expense 21,743 29,219
Provision for Loan & Lease Losses 526 872
Pretax Operating Income (TE) — 40,710
Pretax Net Operating Income (TE) — 38,141
Applicable Income Taxes — 10,963
Net Operating Income — 27,070
Net Income — 27,070
Cash Dividends Declared — 46,967
Retained Earnings — 19,647