Net Income Analysis ( % relative to Total Revenue )
Income Statement Solon State Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 2,551 4,429
Income from Lease Financing Receivables — 0
89 34
Estimated Tax Benefit from Tax-Exempt Loan Income 45 17
Income on Loans and Leases (TE) 2,596 4,453
Investment Interest Income (TE) 1,121 866
Total Interest Income (TE) 3,724 5,468
Total Interest Expense 196 664
Net Interest Income (TE) 3,528 4,793
Non-Interest Income 444 841
Adjusted Operating Income (TE) 3,972 5,647
Non-interest Expense 1,730 3,272
Provision for Loan & Lease Losses 225 145
Pretax Operating Income (TE) 2,017 2,141
Pretax Net Operating Income (TE) 2,091 2,209
Applicable Income Taxes 82 236
Net Operating Income 1,796 1,719
Net Income 1,796 1,719
Cash Dividends Declared 1,052 808
Retained Earnings 744 862