Net Income Analysis ( % relative to Total Revenue )
Income Statement The Sherwood State Bank All Insured Commercial Banks in Ohio
Interest and Fees on Loans 2,327 11,386
Income from Lease Financing Receivables — 4
4 64
Estimated Tax Benefit from Tax-Exempt Loan Income 2 32
Income on Loans and Leases (TE) 2,329 11,434
Investment Interest Income (TE) 438 1,894
Total Interest Income (TE) 2,782 13,519
Total Interest Expense 248 1,284
Net Interest Income (TE) 2,534 12,235
Non-Interest Income 397 3,344
Adjusted Operating Income (TE) 2,931 15,563
Non-interest Expense 2,475 10,269
Provision for Loan & Lease Losses 152 364
Pretax Operating Income (TE) 304 4,973
Pretax Net Operating Income (TE) 310 5,081
Applicable Income Taxes -15 1,163
Net Operating Income 236 3,580
Net Income 236 3,580
Cash Dividends Declared 95 1,534
Retained Earnings 141 1,881