Net Income Analysis ( % relative to Total Revenue )
Income Statement Manson State Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 449 4,429
Income from Lease Financing Receivables — 0
2 34
Estimated Tax Benefit from Tax-Exempt Loan Income 1 17
Income on Loans and Leases (TE) 450 4,453
Investment Interest Income (TE) 352 866
Total Interest Income (TE) 859 5,468
Total Interest Expense 53 664
Net Interest Income (TE) 806 4,793
Non-Interest Income 72 841
Adjusted Operating Income (TE) 878 5,647
Non-interest Expense 595 3,272
Provision for Loan & Lease Losses — 145
Pretax Operating Income (TE) 283 2,141
Pretax Net Operating Income (TE) 303 2,209
Applicable Income Taxes 13 236
Net Operating Income 254 1,719
Net Income 254 1,719
Cash Dividends Declared 126 808
Retained Earnings 128 862