Net Income Analysis ( % relative to Total Revenue )
Income Statement Lakewood Bank, National Association All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 4,811 3,388
Income from Lease Financing Receivables — 6
— 35
Estimated Tax Benefit from Tax-Exempt Loan Income — 13
Income on Loans and Leases (TE) 4,811 3,437
Investment Interest Income (TE) 231 462
Total Interest Income (TE) 5,086 4,009
Total Interest Expense 937 803
Net Interest Income (TE) 4,149 3,191
Non-Interest Income 328 426
Adjusted Operating Income (TE) 4,477 3,655
Non-interest Expense 2,929 2,558
Provision for Loan & Lease Losses 755 304
Pretax Operating Income (TE) 793 744
Pretax Net Operating Income (TE) 793 759
Applicable Income Taxes 334 32
Net Operating Income 441 649
Net Income 441 649
Cash Dividends Declared 600 345
Retained Earnings -159 233