Net Income Analysis ( % relative to Total Revenue )
Income Statement Osb Community Bank All Insured Commercial Banks in Michigan
Interest and Fees on Loans 2,671 10,938
Income from Lease Financing Receivables — 10
— 29
Estimated Tax Benefit from Tax-Exempt Loan Income — 15
Income on Loans and Leases (TE) 2,671 11,173
Investment Interest Income (TE) 60 1,280
Total Interest Income (TE) 2,878 12,846
Total Interest Expense 225 1,055
Net Interest Income (TE) 2,653 11,693
Non-Interest Income 350 4,070
Adjusted Operating Income (TE) 3,003 16,296
Non-interest Expense 3,832 11,085
Provision for Loan & Lease Losses 599 218
Pretax Operating Income (TE) -1,428 4,891
Pretax Net Operating Income (TE) -1,428 4,954
Applicable Income Taxes — 1,175
Net Operating Income -1,428 3,652
Net Income -1,428 3,589
Cash Dividends Declared — 1,687
Retained Earnings -1,428 1,748