Net Income Analysis ( % relative to Total Revenue )
Income Statement Valley Bank Of Belgrade All Insured Commercial Banks in Montana
Interest and Fees on Loans 3,197 4,960
Income from Lease Financing Receivables — 218
6 80
Estimated Tax Benefit from Tax-Exempt Loan Income 3 40
Income on Loans and Leases (TE) 3,200 4,979
Investment Interest Income (TE) 312 1,021
Total Interest Income (TE) 3,622 6,184
Total Interest Expense 806 2,001
Net Interest Income (TE) 2,816 4,146
Non-Interest Income 436 823
Adjusted Operating Income (TE) 3,252 4,900
Non-interest Expense 1,981 2,843
Provision for Loan & Lease Losses 403 561
Pretax Operating Income (TE) 868 2,245
Pretax Net Operating Income (TE) 900 2,265
Applicable Income Taxes 368 1,161
Net Operating Income 528 1,593
Net Income 528 1,592
Cash Dividends Declared — 1,537
Retained Earnings 528 1,019