Net Income Analysis ( % relative to Total Revenue )
Income Statement International Bank All Insured Commercial Banks in New Mexico
Interest and Fees on Loans 9,900 9,599
Income from Lease Financing Receivables 106 3
106 56
Estimated Tax Benefit from Tax-Exempt Loan Income 51 29
Income on Loans and Leases (TE) 10,057 9,634
Investment Interest Income (TE) 1,682 2,848
Total Interest Income (TE) 11,842 12,748
Total Interest Expense 812 719
Net Interest Income (TE) 11,030 12,029
Non-Interest Income 2,048 2,506
Adjusted Operating Income (TE) 13,078 14,643
Non-interest Expense 8,912 9,471
Provision for Loan & Lease Losses — 373
Pretax Operating Income (TE) 4,166 4,279
Pretax Net Operating Income (TE) 4,166 4,437
Applicable Income Taxes 1,418 55
Net Operating Income 2,634 4,263
Net Income 2,634 4,263
Cash Dividends Declared — 2,176
Retained Earnings 2,634 1,786