Net Income Analysis ( % relative to Total Revenue )
Income Statement Pacific Northwest Bank All Insured Commercial Banks in Washington
Interest and Fees on Loans 28,452 3,162
Income from Lease Financing Receivables — 59
78 43
Estimated Tax Benefit from Tax-Exempt Loan Income 41 23
Income on Loans and Leases (TE) 28,493 3,169
Investment Interest Income (TE) 3,216 413
Total Interest Income (TE) 31,764 3,670
Total Interest Expense 4,935 792
Net Interest Income (TE) 26,829 2,858
Non-Interest Income 3,905 606
Adjusted Operating Income (TE) 30,734 3,466
Non-interest Expense 16,758 2,115
Provision for Loan & Lease Losses — 237
Pretax Operating Income (TE) 14,794 1,698
Pretax Net Operating Income (TE) 13,703 1,696
Applicable Income Taxes 4,604 600
Net Operating Income 8,970 1,161
Net Income 8,970 1,161
Cash Dividends Declared — 1,079
Retained Earnings 8,970 919