Net Income Analysis ( % relative to Total Revenue )
Income Statement The First National Bank Of Mertzon All Insured Commercial Banks in Texas
Interest and Fees on Loans 3,180 10,872
Income from Lease Financing Receivables — 2
144 44
Estimated Tax Benefit from Tax-Exempt Loan Income 74 22
Income on Loans and Leases (TE) 3,254 10,941
Investment Interest Income (TE) 2,877 2,007
Total Interest Income (TE) 6,450 13,476
Total Interest Expense 153 1,063
Net Interest Income (TE) 6,297 12,338
Non-Interest Income 338 2,639
Adjusted Operating Income (TE) 6,635 15,335
Non-interest Expense 3,644 9,693
Provision for Loan & Lease Losses 250 524
Pretax Operating Income (TE) 2,741 4,819
Pretax Net Operating Income (TE) 2,741 4,946
Applicable Income Taxes 548 576
Net Operating Income 1,804 3,858
Net Income 1,804 3,845
Cash Dividends Declared — 1,701
Retained Earnings 1,804 1,997