Net Income Analysis ( % relative to Total Revenue )
Income Statement Park Sterling Bank All Insured Commercial Banks in North Carolina
Interest and Fees on Loans 107,440 43,859
Income from Lease Financing Receivables — 183
427 287
Estimated Tax Benefit from Tax-Exempt Loan Income 230 148
Income on Loans and Leases (TE) 107,670 44,236
Investment Interest Income (TE) 10,844 4,769
Total Interest Income (TE) 119,302 49,636
Total Interest Expense 11,056 4,652
Net Interest Income (TE) 108,246 44,984
Non-Interest Income 19,777 11,387
Adjusted Operating Income (TE) 128,023 56,298
Non-interest Expense 90,868 38,609
Provision for Loan & Lease Losses 2,631 1,359
Pretax Operating Income (TE) 34,524 16,556
Pretax Net Operating Income (TE) 34,438 16,646
Applicable Income Taxes 9,621 5,112
Net Operating Income 24,541 10,887
Net Income 24,541 10,887
Cash Dividends Declared 7,454 5,698
Retained Earnings 17,087 5,606