Net Income Analysis ( % relative to Total Revenue )
Income Statement Union County Savings Bank All Insured Savings Banks in New Jersey
Interest and Fees on Loans 4,433 25,610
Income from Lease Financing Receivables — 0
— 7
Estimated Tax Benefit from Tax-Exempt Loan Income — 4
Income on Loans and Leases (TE) 4,433 25,617
Investment Interest Income (TE) 34,654 5,245
Total Interest Income (TE) 40,654 31,333
Total Interest Expense 18,405 6,803
Net Interest Income (TE) 22,249 24,529
Non-Interest Income 118 3,336
Adjusted Operating Income (TE) 22,367 35,108
Non-interest Expense 8,365 22,934
Provision for Loan & Lease Losses 90 478
Pretax Operating Income (TE) 13,912 8,807
Pretax Net Operating Income (TE) 19,010 9,028
Applicable Income Taxes 6,400 2,758
Net Operating Income 11,725 6,133
Net Income 11,725 6,133
Cash Dividends Declared — 205
Retained Earnings 11,725 5,383