Net Income Analysis ( % relative to Total Revenue )
Income Statement Merrimack County Savings Bank All Insured Savings Banks in New Hampshire
Interest and Fees on Loans 25,548 21,349
Income from Lease Financing Receivables — 2
262 379
Estimated Tax Benefit from Tax-Exempt Loan Income 133 196
Income on Loans and Leases (TE) 25,681 21,547
Investment Interest Income (TE) 1,588 2,257
Total Interest Income (TE) 27,450 24,035
Total Interest Expense 2,017 2,595
Net Interest Income (TE) 25,433 21,441
Non-Interest Income 3,067 5,152
Adjusted Operating Income (TE) 28,500 26,593
Non-interest Expense 22,196 20,892
Provision for Loan & Lease Losses 704 571
Pretax Operating Income (TE) 5,600 5,129
Pretax Net Operating Income (TE) 6,186 5,552
Applicable Income Taxes 2,003 1,337
Net Operating Income 4,050 3,783
Net Income 4,050 3,783
Cash Dividends Declared 605 869
Retained Earnings 3,445 2,915