Net Income Analysis ( % relative to Total Revenue )
Income Statement Jewett City Savings Bank All Insured Savings Banks in Connecticut
Interest and Fees on Loans 8,596 30,883
Income from Lease Financing Receivables — 2
16 32
Estimated Tax Benefit from Tax-Exempt Loan Income 8 16
Income on Loans and Leases (TE) 8,604 30,904
Investment Interest Income (TE) 807 3,080
Total Interest Income (TE) 9,531 34,631
Total Interest Expense 852 4,711
Net Interest Income (TE) 8,679 29,919
Non-Interest Income 1,665 9,078
Adjusted Operating Income (TE) 10,344 38,915
Non-interest Expense 8,508 30,204
Provision for Loan & Lease Losses 316 858
Pretax Operating Income (TE) 1,520 7,965
Pretax Net Operating Income (TE) 1,894 9,672
Applicable Income Taxes 558 2,335
Net Operating Income 1,288 6,676
Net Income 1,288 6,667
Cash Dividends Declared — 15
Retained Earnings 1,288 6,645