Net Income Analysis ( % relative to Total Revenue )
Income Statement Pocahontas State Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 1,451 4,429
Income from Lease Financing Receivables — 0
37 34
Estimated Tax Benefit from Tax-Exempt Loan Income 19 17
Income on Loans and Leases (TE) 1,470 4,453
Investment Interest Income (TE) 2,000 866
Total Interest Income (TE) 3,474 5,468
Total Interest Expense 279 664
Net Interest Income (TE) 3,195 4,793
Non-Interest Income 79 841
Adjusted Operating Income (TE) 3,274 5,647
Non-interest Expense 582 3,272
Provision for Loan & Lease Losses 15 145
Pretax Operating Income (TE) 2,677 2,141
Pretax Net Operating Income (TE) 2,677 2,209
Applicable Income Taxes 84 236
Net Operating Income 1,906 1,719
Net Income 1,906 1,719
Cash Dividends Declared 210 808
Retained Earnings 1,696 862