Net Income Analysis ( % relative to Total Revenue )
Income Statement Huron Community Bank All Insured Commercial Banks in Michigan
Interest and Fees on Loans 6,556 10,938
Income from Lease Financing Receivables — 10
15 29
Estimated Tax Benefit from Tax-Exempt Loan Income 8 15
Income on Loans and Leases (TE) 6,564 11,173
Investment Interest Income (TE) 589 1,280
Total Interest Income (TE) 7,288 12,846
Total Interest Expense 393 1,055
Net Interest Income (TE) 6,895 11,693
Non-Interest Income 1,046 4,070
Adjusted Operating Income (TE) 7,941 16,296
Non-interest Expense 5,565 11,085
Provision for Loan & Lease Losses 96 218
Pretax Operating Income (TE) 2,280 4,891
Pretax Net Operating Income (TE) 2,280 4,954
Applicable Income Taxes 569 1,175
Net Operating Income 1,584 3,652
Net Income 1,584 3,589
Cash Dividends Declared 669 1,687
Retained Earnings 915 1,748