Net Income Analysis ( % relative to Total Revenue )
Income Statement Independent Farmers Bank All Insured Commercial Banks in Missouri
Interest and Fees on Loans 3,244 8,346
Income from Lease Financing Receivables — 6
7 27
Estimated Tax Benefit from Tax-Exempt Loan Income 4 13
Income on Loans and Leases (TE) 3,248 8,380
Investment Interest Income (TE) 1,919 1,007
Total Interest Income (TE) 5,178 9,598
Total Interest Expense 455 957
Net Interest Income (TE) 4,723 8,596
Non-Interest Income 350 1,957
Adjusted Operating Income (TE) 5,073 10,610
Non-interest Expense 2,799 6,886
Provision for Loan & Lease Losses 269 275
Pretax Operating Income (TE) 2,005 3,421
Pretax Net Operating Income (TE) 2,113 3,495
Applicable Income Taxes 464 604
Net Operating Income 1,323 2,724
Net Income 1,323 2,724
Cash Dividends Declared 809 1,137
Retained Earnings 514 1,380