Net Income Analysis ( % relative to Total Revenue )
Income Statement Heritagebank All Insured Commercial Banks in Montana
Interest and Fees on Loans 23,889 6,779
Income from Lease Financing Receivables — 122
96 117
Estimated Tax Benefit from Tax-Exempt Loan Income 49 59
Income on Loans and Leases (TE) 23,938 6,792
Investment Interest Income (TE) 1,772 1,877
Total Interest Income (TE) 25,769 7,894
Total Interest Expense 11,118 2,623
Net Interest Income (TE) 14,651 5,272
Non-Interest Income 4,842 874
Adjusted Operating Income (TE) 19,493 6,167
Non-interest Expense 11,758 3,439
Provision for Loan & Lease Losses 175 473
Pretax Operating Income (TE) 7,560 5,015
Pretax Net Operating Income (TE) 7,560 5,002
Applicable Income Taxes 2,866 1,710
Net Operating Income 4,633 3,651
Net Income 4,633 3,652
Cash Dividends Declared 1,250 2,051
Retained Earnings 3,383 2,015