Net Income Analysis ( % relative to Total Revenue )
Income Statement The Biltmore Bank Of Arizona All Insured Commercial Banks in Arizona
Interest and Fees on Loans 11,608 15,633
Income from Lease Financing Receivables — 14
— 49
Estimated Tax Benefit from Tax-Exempt Loan Income — 24
Income on Loans and Leases (TE) 11,608 15,668
Investment Interest Income (TE) 1,211 1,338
Total Interest Income (TE) 12,955 17,260
Total Interest Expense 693 1,173
Net Interest Income (TE) 12,262 16,087
Non-Interest Income 1,164 4,977
Adjusted Operating Income (TE) 13,426 21,155
Non-interest Expense 9,924 16,586
Provision for Loan & Lease Losses 705 542
Pretax Operating Income (TE) 2,797 5,164
Pretax Net Operating Income (TE) 2,797 5,248
Applicable Income Taxes 1,079 1,569
Net Operating Income 1,718 3,765
Net Income 1,718 3,765
Cash Dividends Declared — 268
Retained Earnings 1,718 3,496