Net Income Analysis ( % relative to Total Revenue )
Income Statement The Lorain National Bank All Insured Commercial Banks in Ohio
Interest and Fees on Loans 17,932 6,862
Income from Lease Financing Receivables — 16
112 45
Estimated Tax Benefit from Tax-Exempt Loan Income 60 23
Income on Loans and Leases (TE) 17,992 6,901
Investment Interest Income (TE) 2,614 1,249
Total Interest Income (TE) 20,745 8,253
Total Interest Expense 2,369 845
Net Interest Income (TE) 18,376 7,409
Non-Interest Income 5,949 2,154
Adjusted Operating Income (TE) 24,325 9,554
Non-interest Expense 17,727 6,221
Provision for Loan & Lease Losses — 245
Pretax Operating Income (TE) 6,598 3,105
Pretax Net Operating Income (TE) 6,790 3,164
Applicable Income Taxes 1,859 796
Net Operating Income 4,596 2,191
Net Income 4,596 2,191
Cash Dividends Declared 2,000 1,174
Retained Earnings 2,596 873