Net Income Analysis ( % relative to Total Revenue )
Income Statement The Bank Of Western Massachusetts All Insured Savings Banks in Massachusetts
Interest and Fees on Loans 49,404 16,975
Income from Lease Financing Receivables — —
1,438 2,345
Estimated Tax Benefit from Tax-Exempt Loan Income 708 1,208
Income on Loans and Leases (TE) 50,112 16,979
Investment Interest Income (TE) 956 4,121
Total Interest Income (TE) 51,751 22,285
Total Interest Expense 20,673 11,768
Net Interest Income (TE) 31,078 10,431
Non-Interest Income 4,519 1,951
Adjusted Operating Income (TE) 35,597 12,349
Non-interest Expense 20,866 10,050
Provision for Loan & Lease Losses 700 508
Pretax Operating Income (TE) 14,031 3,359
Pretax Net Operating Income (TE) 13,962 3,593
Applicable Income Taxes 5,001 1,125
Net Operating Income 8,253 2,378
Net Income 8,253 2,378
Cash Dividends Declared 5,720 1,875
Retained Earnings 2,533 2,144