Net Income Analysis ( % relative to Total Revenue )
Income Statement Sanderson State Bank All Insured Commercial Banks in Texas
Interest and Fees on Loans 2,093 5,902
Income from Lease Financing Receivables — 1,817
— 177
Estimated Tax Benefit from Tax-Exempt Loan Income — 88
Income on Loans and Leases (TE) 2,093 5,949
Investment Interest Income (TE) 63 2,177
Total Interest Income (TE) 2,196 7,717
Total Interest Expense 1,049 2,643
Net Interest Income (TE) 1,147 5,081
Non-Interest Income — 1,282
Adjusted Operating Income (TE) 995 6,329
Non-interest Expense 1,352 4,202
Provision for Loan & Lease Losses 395 2,114
Pretax Operating Income (TE) — 5,146
Pretax Net Operating Income (TE) — 5,206
Applicable Income Taxes — 2,250
Net Operating Income — 3,888
Net Income — 3,891
Cash Dividends Declared — 2,898
Retained Earnings — 2,130