Net Income Analysis ( % relative to Total Revenue )
Income Statement Sterling Bank All Insured Commercial Banks in Alabama
Interest and Fees on Loans 4,610 2,171
Income from Lease Financing Receivables 19 3,937
142 277
Estimated Tax Benefit from Tax-Exempt Loan Income 61 66
Income on Loans and Leases (TE) 4,690 2,183
Investment Interest Income (TE) 619 529
Total Interest Income (TE) 5,842 2,755
Total Interest Expense 978 806
Net Interest Income (TE) 4,864 1,922
Non-Interest Income 612 385
Adjusted Operating Income (TE) 5,476 2,390
Non-interest Expense 2,657 1,522
Provision for Loan & Lease Losses 2,167 8,707
Pretax Operating Income (TE) 652 415
Pretax Net Operating Income (TE) 652 454
Applicable Income Taxes 249 362
Net Operating Income 340 313
Net Income 342 313
Cash Dividends Declared 3,000 722
Retained Earnings -2,658 160