Net Income Analysis ( % relative to Total Revenue )
Income Statement Melvin Savings Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 1,133 4,429
Income from Lease Financing Receivables — 0
3 34
Estimated Tax Benefit from Tax-Exempt Loan Income 2 17
Income on Loans and Leases (TE) 1,135 4,453
Investment Interest Income (TE) 527 866
Total Interest Income (TE) 1,715 5,468
Total Interest Expense 192 664
Net Interest Income (TE) 1,523 4,793
Non-Interest Income 93 841
Adjusted Operating Income (TE) 1,616 5,647
Non-interest Expense 829 3,272
Provision for Loan & Lease Losses — 145
Pretax Operating Income (TE) 787 2,141
Pretax Net Operating Income (TE) 787 2,209
Applicable Income Taxes 13 236
Net Operating Income 679 1,719
Net Income 679 1,719
Cash Dividends Declared 105 808
Retained Earnings 574 862