Net Income Analysis ( % relative to Total Revenue )
Income Statement Sterling National Bank All Insured Commercial Banks in New York
Interest and Fees on Loans 390,847 41,190
Income from Lease Financing Receivables — 11
8,578 99
Estimated Tax Benefit from Tax-Exempt Loan Income 4,467 52
Income on Loans and Leases (TE) 395,314 41,538
Investment Interest Income (TE) 78,337 6,772
Total Interest Income (TE) 478,146 51,262
Total Interest Expense 51,900 6,465
Net Interest Income (TE) 426,246 44,373
Non-Interest Income 61,055 11,435
Adjusted Operating Income (TE) 487,301 60,531
Non-interest Expense 239,779 38,074
Provision for Loan & Lease Losses 20,000 2,203
Pretax Operating Income (TE) 227,522 19,351
Pretax Net Operating Income (TE) 235,044 20,027
Applicable Income Taxes 71,067 5,930
Net Operating Income 147,360 13,255
Net Income 147,360 13,254
Cash Dividends Declared 60,001 2,280
Retained Earnings 87,359 7,706