Net Income Analysis ( % relative to Total Revenue )
Income Statement Mercantile-Safe Deposit And Trust Company All Insured Commercial Banks in Maryland
Interest and Fees on Loans 210,532 14,208
Income from Lease Financing Receivables 355 1,096
1,483 175
Estimated Tax Benefit from Tax-Exempt Loan Income 475 78
Income on Loans and Leases (TE) 211,362 14,309
Investment Interest Income (TE) 40,985 2,751
Total Interest Income (TE) 261,992 15,249
Total Interest Expense 121,171 6,121
Net Interest Income (TE) 140,821 9,079
Non-Interest Income 96,678 2,319
Adjusted Operating Income (TE) 237,499 11,469
Non-interest Expense 137,259 7,382
Provision for Loan & Lease Losses — 495
Pretax Operating Income (TE) 100,240 8,190
Pretax Net Operating Income (TE) 100,330 8,052
Applicable Income Taxes 38,887 2,892
Net Operating Income 60,886 5,081
Net Income 60,886 5,081
Cash Dividends Declared 17,676 5,013
Retained Earnings 43,210 2,847