Net Income Analysis ( % relative to Total Revenue )
Income Statement Guthrie County State Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 2,971 4,429
Income from Lease Financing Receivables — 0
2 34
Estimated Tax Benefit from Tax-Exempt Loan Income 1 17
Income on Loans and Leases (TE) 2,972 4,453
Investment Interest Income (TE) 632 866
Total Interest Income (TE) 3,646 5,468
Total Interest Expense 402 664
Net Interest Income (TE) 3,244 4,793
Non-Interest Income 1,072 841
Adjusted Operating Income (TE) 4,316 5,647
Non-interest Expense 3,198 3,272
Provision for Loan & Lease Losses 112 145
Pretax Operating Income (TE) 1,006 2,141
Pretax Net Operating Income (TE) 1,073 2,209
Applicable Income Taxes 49 236
Net Operating Income 833 1,719
Net Income 833 1,719
Cash Dividends Declared 400 808
Retained Earnings 433 862