Net Income Analysis ( % relative to Total Revenue )
Income Statement Meridian Bank Texas All Insured Commercial Banks in Texas
Interest and Fees on Loans 4,223 2,369
Income from Lease Financing Receivables — 0
— 8
Estimated Tax Benefit from Tax-Exempt Loan Income — 4
Income on Loans and Leases (TE) 4,223 2,382
Investment Interest Income (TE) 378 496
Total Interest Income (TE) 4,608 2,990
Total Interest Expense 361 238
Net Interest Income (TE) 4,247 2,740
Non-Interest Income 261 561
Adjusted Operating Income (TE) 4,508 3,370
Non-interest Expense 3,283 2,181
Provision for Loan & Lease Losses — 75
Pretax Operating Income (TE) 1,225 1,074
Pretax Net Operating Income (TE) 1,225 1,107
Applicable Income Taxes — 128
Net Operating Income 1,225 860
Net Income 1,225 858
Cash Dividends Declared — 243
Retained Earnings 1,225 530