Net Income Analysis ( % relative to Total Revenue )
Income Statement Landmark Community Bank, National Association All Insured Commercial Banks in Minnesota
Interest and Fees on Loans 2,181 3,558
Income from Lease Financing Receivables — 8
31 28
Estimated Tax Benefit from Tax-Exempt Loan Income 16 14
Income on Loans and Leases (TE) 2,197 3,597
Investment Interest Income (TE) 176 436
Total Interest Income (TE) 2,462 4,176
Total Interest Expense 361 373
Net Interest Income (TE) 2,101 3,786
Non-Interest Income 291 643
Adjusted Operating Income (TE) 2,392 4,483
Non-interest Expense 2,469 2,906
Provision for Loan & Lease Losses -324 81
Pretax Operating Income (TE) 247 1,436
Pretax Net Operating Income (TE) 256 1,469
Applicable Income Taxes 128 71
Net Operating Income 107 1,275
Net Income 107 1,275
Cash Dividends Declared — 762
Retained Earnings 107 467