Net Income Analysis ( % relative to Total Revenue )
Income Statement Mansfield Co-Operative Bank All Insured Commercial Banks in Massachusetts
Interest and Fees on Loans 15,976 34,650
Income from Lease Financing Receivables — 0
— 299
Estimated Tax Benefit from Tax-Exempt Loan Income — 159
Income on Loans and Leases (TE) 15,976 35,259
Investment Interest Income (TE) 1,601 3,997
Total Interest Income (TE) 17,872 39,846
Total Interest Expense 2,836 4,360
Net Interest Income (TE) 15,036 35,029
Non-Interest Income 2,485 8,220
Adjusted Operating Income (TE) 17,521 43,184
Non-interest Expense 13,763 28,480
Provision for Loan & Lease Losses 30 964
Pretax Operating Income (TE) 3,728 13,638
Pretax Net Operating Income (TE) 3,726 13,750
Applicable Income Taxes 953 3,897
Net Operating Income 2,451 8,937
Net Income 2,451 8,869
Cash Dividends Declared — 3,144
Retained Earnings 2,451 5,501