Net Income Analysis ( % relative to Total Revenue )
Income Statement Valley Bank All Insured Commercial Banks in Washington
Interest and Fees on Loans 3,264 9,943
Income from Lease Financing Receivables — 3
— 51
Estimated Tax Benefit from Tax-Exempt Loan Income — 27
Income on Loans and Leases (TE) 3,264 10,006
Investment Interest Income (TE) 755 974
Total Interest Income (TE) 4,124 11,075
Total Interest Expense 162 765
Net Interest Income (TE) 3,962 10,274
Non-Interest Income 656 2,757
Adjusted Operating Income (TE) 4,618 13,025
Non-interest Expense 3,728 9,228
Provision for Loan & Lease Losses -260 233
Pretax Operating Income (TE) 1,150 3,303
Pretax Net Operating Income (TE) 1,150 3,585
Applicable Income Taxes 193 1,006
Net Operating Income 808 2,481
Net Income 808 2,481
Cash Dividends Declared 300 1,298
Retained Earnings 508 774