Net Income Analysis ( % relative to Total Revenue )
Income Statement Hedrick Savings Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 1,823 3,779
Income from Lease Financing Receivables 1 1
9 38
Estimated Tax Benefit from Tax-Exempt Loan Income 5 18
Income on Loans and Leases (TE) 1,829 3,805
Investment Interest Income (TE) 602 936
Total Interest Income (TE) 2,453 4,839
Total Interest Expense 552 1,081
Net Interest Income (TE) 1,901 3,747
Non-Interest Income 594 634
Adjusted Operating Income (TE) 2,495 4,407
Non-interest Expense 1,824 2,614
Provision for Loan & Lease Losses 26 213
Pretax Operating Income (TE) 645 1,510
Pretax Net Operating Income (TE) 685 1,565
Applicable Income Taxes 29 159
Net Operating Income 537 1,202
Net Income 537 1,202
Cash Dividends Declared 46 522
Retained Earnings 491 619