Net Income Analysis ( % relative to Total Revenue )
Income Statement Union National Bank All Insured Commercial Banks in Iowa
Interest and Fees on Loans 660 863
Income from Lease Financing Receivables — 32
— 19
Estimated Tax Benefit from Tax-Exempt Loan Income — 10
Income on Loans and Leases (TE) 660 869
Investment Interest Income (TE) 29 248
Total Interest Income (TE) 696 1,122
Total Interest Expense 210 353
Net Interest Income (TE) 486 777
Non-Interest Income 64 138
Adjusted Operating Income (TE) 550 918
Non-interest Expense 395 533
Provision for Loan & Lease Losses 21 71
Pretax Operating Income (TE) 134 396
Pretax Net Operating Income (TE) 134 409
Applicable Income Taxes 46 95
Net Operating Income 86 303
Net Income 86 303
Cash Dividends Declared — 415
Retained Earnings 86 254