Net Income Analysis ( % relative to Total Revenue )
Income Statement Pacific National Bank All Insured Commercial Banks in California
Interest and Fees on Loans 63,850 20,364
Income from Lease Financing Receivables — 8,567
— 2,130
Estimated Tax Benefit from Tax-Exempt Loan Income — 2,099
Income on Loans and Leases (TE) 63,850 20,484
Investment Interest Income (TE) 4,648 7,745
Total Interest Income (TE) 69,560 20,866
Total Interest Expense 26,995 5,609
Net Interest Income (TE) 42,565 14,397
Non-Interest Income 1,881 11,389
Adjusted Operating Income (TE) 44,446 18,081
Non-interest Expense 30,948 12,323
Provision for Loan & Lease Losses 42,700 12,066
Pretax Operating Income (TE) — 15,389
Pretax Net Operating Income (TE) — 14,105
Applicable Income Taxes — 3,459
Net Operating Income — 8,976
Net Income — 9,260
Cash Dividends Declared — 6,090
Retained Earnings — 6,451