Net Income Analysis ( % relative to Total Revenue )
Income Statement United Bank All Insured Savings Banks in Connecticut
Interest and Fees on Loans 179,820 30,883
Income from Lease Financing Receivables — 2
1,921 32
Estimated Tax Benefit from Tax-Exempt Loan Income 1,034 16
Income on Loans and Leases (TE) 180,854 30,904
Investment Interest Income (TE) 34,558 3,080
Total Interest Income (TE) 217,706 34,631
Total Interest Expense 36,474 4,711
Net Interest Income (TE) 181,232 29,919
Non-Interest Income 31,124 9,078
Adjusted Operating Income (TE) 212,356 38,915
Non-interest Expense 131,973 30,204
Provision for Loan & Lease Losses 13,437 858
Pretax Operating Income (TE) 66,946 7,965
Pretax Net Operating Income (TE) 68,887 9,672
Applicable Income Taxes 7,450 2,335
Net Operating Income 55,884 6,676
Net Income 55,884 6,667
Cash Dividends Declared — 15
Retained Earnings 55,884 6,645