Net Income Analysis ( % relative to Total Revenue )
Income Statement Isabella Bank All Insured Commercial Banks in Michigan
Interest and Fees on Loans 38,625 10,938
Income from Lease Financing Receivables — 10
— 29
Estimated Tax Benefit from Tax-Exempt Loan Income — 15
Income on Loans and Leases (TE) 38,625 11,173
Investment Interest Income (TE) 17,522 1,280
Total Interest Income (TE) 56,817 12,846
Total Interest Expense 10,834 1,055
Net Interest Income (TE) 45,983 11,693
Non-Interest Income 11,360 4,070
Adjusted Operating Income (TE) 57,343 16,296
Non-interest Expense 35,655 11,085
Provision for Loan & Lease Losses -135 218
Pretax Operating Income (TE) 21,823 4,891
Pretax Net Operating Income (TE) 21,298 4,954
Applicable Income Taxes 3,207 1,175
Net Operating Income 15,019 3,652
Net Income 15,019 3,589
Cash Dividends Declared 7,400 1,687
Retained Earnings 7,619 1,748