Net Income Analysis ( % relative to Total Revenue )
Income Statement The Canaan National Bank All Insured Commercial Banks in Connecticut
Interest and Fees on Loans 1,813 3,260
Income from Lease Financing Receivables — 475
6 8
Estimated Tax Benefit from Tax-Exempt Loan Income 3 4
Income on Loans and Leases (TE) 1,816 3,261
Investment Interest Income (TE) 887 2,259
Total Interest Income (TE) 2,721 5,726
Total Interest Expense 976 1,567
Net Interest Income (TE) 1,745 4,159
Non-Interest Income 307 3,862
Adjusted Operating Income (TE) 2,052 11,780
Non-interest Expense 1,424 9,205
Provision for Loan & Lease Losses 6 613
Pretax Operating Income (TE) 622 11,286
Pretax Net Operating Income (TE) 643 11,064
Applicable Income Taxes 133 4,467
Net Operating Income 387 6,774
Net Income 387 6,774
Cash Dividends Declared — 8,033
Retained Earnings 387 2,117