Net Income Analysis ( % relative to Total Revenue )
Income Statement Mercantile Peninsula Bank All Insured Commercial Banks in Delaware
Interest and Fees on Loans 55,674 163,936
Income from Lease Financing Receivables — 2,179
462 320
Estimated Tax Benefit from Tax-Exempt Loan Income 122 149
Income on Loans and Leases (TE) 55,796 164,315
Investment Interest Income (TE) 5,847 33,345
Total Interest Income (TE) 62,474 22,518
Total Interest Expense 21,934 9,376
Net Interest Income (TE) 40,540 13,145
Non-Interest Income 7,676 73,666
Adjusted Operating Income (TE) 48,216 21,472
Non-interest Expense 17,060 9,158
Provision for Loan & Lease Losses — 34,572
Pretax Operating Income (TE) 32,156 62,137
Pretax Net Operating Income (TE) 32,229 63,723
Applicable Income Taxes 12,210 21,501
Net Operating Income 19,895 42,936
Net Income 19,895 42,936
Cash Dividends Declared 6,180 68,534
Retained Earnings 13,715 17,046