Net Income Analysis ( % relative to Total Revenue )
Income Statement Security State Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 4,201 4,429
Income from Lease Financing Receivables — 0
23 34
Estimated Tax Benefit from Tax-Exempt Loan Income 9 17
Income on Loans and Leases (TE) 4,210 4,453
Investment Interest Income (TE) 24 866
Total Interest Income (TE) 4,251 5,468
Total Interest Expense 480 664
Net Interest Income (TE) 3,771 4,793
Non-Interest Income 164 841
Adjusted Operating Income (TE) 3,935 5,647
Non-interest Expense 1,284 3,272
Provision for Loan & Lease Losses 135 145
Pretax Operating Income (TE) 2,516 2,141
Pretax Net Operating Income (TE) 2,516 2,209
Applicable Income Taxes 117 236
Net Operating Income 2,388 1,719
Net Income 2,388 1,719
Cash Dividends Declared 1,923 808
Retained Earnings 465 862