Net Income Analysis ( % relative to Total Revenue )
Income Statement Provident State Bank, Inc. All Insured Commercial Banks in Maryland
Interest and Fees on Loans 13,050 26,755
Income from Lease Financing Receivables — 11
122 96
Estimated Tax Benefit from Tax-Exempt Loan Income 59 47
Income on Loans and Leases (TE) 13,109 26,874
Investment Interest Income (TE) 969 1,967
Total Interest Income (TE) 14,160 29,482
Total Interest Expense 1,675 3,317
Net Interest Income (TE) 12,485 26,146
Non-Interest Income 1,643 6,777
Adjusted Operating Income (TE) 14,128 33,615
Non-interest Expense 10,432 22,749
Provision for Loan & Lease Losses 1,435 1,334
Pretax Operating Income (TE) 2,261 9,401
Pretax Net Operating Income (TE) 2,407 9,540
Applicable Income Taxes 655 2,919
Net Operating Income 1,532 6,445
Net Income 1,532 6,445
Cash Dividends Declared 350 2,002
Retained Earnings 1,182 3,243