Net Income Analysis ( % relative to Total Revenue )
Income Statement The Peoples Bank Of Elkton All Insured Commercial Banks in Maryland
Interest and Fees on Loans 2,435 9,088
Income from Lease Financing Receivables 2 336
— 107
Estimated Tax Benefit from Tax-Exempt Loan Income — 38
Income on Loans and Leases (TE) 2,437 9,119
Investment Interest Income (TE) 1,097 948
Total Interest Income (TE) 3,548 9,409
Total Interest Expense 1,176 3,553
Net Interest Income (TE) 2,372 5,857
Non-Interest Income 826 2,152
Adjusted Operating Income (TE) 3,198 7,340
Non-interest Expense 1,659 5,901
Provision for Loan & Lease Losses — 2,382
Pretax Operating Income (TE) 1,539 1,719
Pretax Net Operating Income (TE) 1,682 1,781
Applicable Income Taxes 593 625
Net Operating Income 1,073 1,158
Net Income 1,073 1,158
Cash Dividends Declared 300 783
Retained Earnings 773 894