Net Income Analysis ( % relative to Total Revenue )
Income Statement Spring Bank All Insured Commercial Banks in New York
Interest and Fees on Loans 7,821 41,190
Income from Lease Financing Receivables — 11
— 99
Estimated Tax Benefit from Tax-Exempt Loan Income — 52
Income on Loans and Leases (TE) 7,821 41,538
Investment Interest Income (TE) 215 6,772
Total Interest Income (TE) 8,096 51,262
Total Interest Expense 1,347 6,465
Net Interest Income (TE) 6,749 44,373
Non-Interest Income 992 11,435
Adjusted Operating Income (TE) 7,741 60,531
Non-interest Expense 4,783 38,074
Provision for Loan & Lease Losses 217 2,203
Pretax Operating Income (TE) 2,741 19,351
Pretax Net Operating Income (TE) 2,741 20,027
Applicable Income Taxes 973 5,930
Net Operating Income 1,768 13,255
Net Income 1,768 13,254
Cash Dividends Declared — 2,280
Retained Earnings 1,768 7,706