Net Income Analysis ( % relative to Total Revenue )
Income Statement State Bank & Trust Co. All Insured Commercial Banks in Iowa
Interest and Fees on Loans 4,330 6,128
Income from Lease Financing Receivables 43 1
110 47
Estimated Tax Benefit from Tax-Exempt Loan Income 57 23
Income on Loans and Leases (TE) 4,430 6,162
Investment Interest Income (TE) 1,370 1,177
Total Interest Income (TE) 5,886 7,538
Total Interest Expense 517 925
Net Interest Income (TE) 5,369 6,587
Non-Interest Income 896 1,176
Adjusted Operating Income (TE) 6,265 7,798
Non-interest Expense 2,545 4,586
Provision for Loan & Lease Losses 5 208
Pretax Operating Income (TE) 3,715 2,901
Pretax Net Operating Income (TE) 3,715 2,963
Applicable Income Taxes 1,048 312
Net Operating Income 2,323 2,310
Net Income 2,323 2,310
Cash Dividends Declared 1,825 1,248
Retained Earnings 498 1,005