Net Income Analysis ( % relative to Total Revenue )
Income Statement The Broadway National Bank Of Chelsea All Insured Commercial Banks in Massachusetts
Interest and Fees on Loans 3,072 28,773
Income from Lease Financing Receivables — 16,699
— 233
Estimated Tax Benefit from Tax-Exempt Loan Income — 112
Income on Loans and Leases (TE) 3,072 31,585
Investment Interest Income (TE) 1,411 18,603
Total Interest Income (TE) 4,578 47,757
Total Interest Expense 1,019 13,762
Net Interest Income (TE) 3,559 33,995
Non-Interest Income 1,196 31,703
Adjusted Operating Income (TE) 4,755 65,668
Non-interest Expense 3,348 43,267
Provision for Loan & Lease Losses — 2,576
Pretax Operating Income (TE) 1,407 34,641
Pretax Net Operating Income (TE) 1,414 35,653
Applicable Income Taxes 638 8,202
Net Operating Income 776 21,589
Net Income 776 21,569
Cash Dividends Declared 1,017 5,324
Retained Earnings — 20,098