Net Income Analysis ( % relative to Total Revenue )
Income Statement National Bank Of The Redwoods All Insured Commercial Banks in California
Interest and Fees on Loans 26,332 22,528
Income from Lease Financing Receivables 144 5,584
— 962
Estimated Tax Benefit from Tax-Exempt Loan Income — 534
Income on Loans and Leases (TE) 26,476 21,722
Investment Interest Income (TE) 2,575 8,970
Total Interest Income (TE) 29,248 23,453
Total Interest Expense 4,705 4,446
Net Interest Income (TE) 24,543 18,958
Non-Interest Income 7,812 5,201
Adjusted Operating Income (TE) 32,355 25,154
Non-interest Expense 17,043 14,512
Provision for Loan & Lease Losses — 1,459
Pretax Operating Income (TE) 15,312 29,565
Pretax Net Operating Income (TE) 15,391 29,603
Applicable Income Taxes 6,068 10,576
Net Operating Income 9,111 18,295
Net Income 9,111 18,291
Cash Dividends Declared 5,034 15,209
Retained Earnings 4,077 11,911