Net Income Analysis ( % relative to Total Revenue )
Income Statement Security State Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 1,458 2,472
Income from Lease Financing Receivables — 0
4 25
Estimated Tax Benefit from Tax-Exempt Loan Income 2 11
Income on Loans and Leases (TE) 1,460 2,490
Investment Interest Income (TE) 619 611
Total Interest Income (TE) 2,104 3,166
Total Interest Expense 565 724
Net Interest Income (TE) 1,539 2,434
Non-Interest Income 130 401
Adjusted Operating Income (TE) 1,669 2,844
Non-interest Expense 748 1,724
Provision for Loan & Lease Losses 60 140
Pretax Operating Income (TE) 861 950
Pretax Net Operating Income (TE) 861 974
Applicable Income Taxes 48 99
Net Operating Income 667 746
Net Income 667 746
Cash Dividends Declared 350 346
Retained Earnings 317 358