Net Income Analysis ( % relative to Total Revenue )
Income Statement Sterling Savings Bank All Insured Commercial Banks in Washington
Interest and Fees on Loans 88,068 6,663
Income from Lease Financing Receivables 473 2
146 31
Estimated Tax Benefit from Tax-Exempt Loan Income 72 16
Income on Loans and Leases (TE) 88,613 6,691
Investment Interest Income (TE) 10,996 856
Total Interest Income (TE) 99,822 7,597
Total Interest Expense 11,571 372
Net Interest Income (TE) 88,251 7,224
Non-Interest Income 17,918 1,432
Adjusted Operating Income (TE) 106,169 8,959
Non-interest Expense 83,597 5,977
Provision for Loan & Lease Losses — 114
Pretax Operating Income (TE) 22,572 2,445
Pretax Net Operating Income (TE) 22,572 2,406
Applicable Income Taxes 7,516 725
Net Operating Income 14,288 1,589
Net Income 14,288 1,587
Cash Dividends Declared 36,000 314
Retained Earnings -21,712 841