Net Income Analysis ( % relative to Total Revenue )
Income Statement Oneunited Bank All Insured Commercial Banks in Massachusetts
Interest and Fees on Loans 18,091 34,650
Income from Lease Financing Receivables — 0
— 299
Estimated Tax Benefit from Tax-Exempt Loan Income — 159
Income on Loans and Leases (TE) 18,091 35,259
Investment Interest Income (TE) 4,322 3,997
Total Interest Income (TE) 23,073 39,846
Total Interest Expense 6,718 4,360
Net Interest Income (TE) 16,355 35,029
Non-Interest Income 3,356 8,220
Adjusted Operating Income (TE) 19,711 43,184
Non-interest Expense 19,207 28,480
Provision for Loan & Lease Losses -7 964
Pretax Operating Income (TE) 511 13,638
Pretax Net Operating Income (TE) 1,360 13,750
Applicable Income Taxes 416 3,897
Net Operating Income 702 8,937
Net Income 702 8,869
Cash Dividends Declared — 3,144
Retained Earnings 702 5,501