Net Income Analysis ( % relative to Total Revenue )
Income Statement Santa Barbara Bank & Trust, National Association All Insured Commercial Banks in California
Interest and Fees on Loans 182,618 17,652
Income from Lease Financing Receivables — 11
1,355 12
Estimated Tax Benefit from Tax-Exempt Loan Income 699 6
Income on Loans and Leases (TE) 183,317 17,867
Investment Interest Income (TE) 24,767 2,165
Total Interest Income (TE) 209,914 20,805
Total Interest Expense 24,272 1,849
Net Interest Income (TE) 185,642 18,812
Non-Interest Income 48,459 3,155
Adjusted Operating Income (TE) 234,101 24,666
Non-interest Expense 149,425 15,121
Provision for Loan & Lease Losses 2,012 1,121
Pretax Operating Income (TE) 82,664 7,735
Pretax Net Operating Income (TE) 83,808 7,985
Applicable Income Taxes 2,645 2,066
Net Operating Income 77,374 6,079
Net Income 77,374 6,074
Cash Dividends Declared — 1,233
Retained Earnings 77,374 2,756