Net Income Analysis ( % relative to Total Revenue )
Income Statement Viking State Bank & Trust All Insured Commercial Banks in Iowa
Interest and Fees on Loans 4,909 5,072
Income from Lease Financing Receivables — 1
96 51
Estimated Tax Benefit from Tax-Exempt Loan Income 49 24
Income on Loans and Leases (TE) 4,958 5,106
Investment Interest Income (TE) 446 1,253
Total Interest Income (TE) 5,433 6,492
Total Interest Expense 1,090 1,414
Net Interest Income (TE) 4,343 5,063
Non-Interest Income 407 900
Adjusted Operating Income (TE) 4,750 5,989
Non-interest Expense 1,974 3,552
Provision for Loan & Lease Losses 30 305
Pretax Operating Income (TE) 2,746 2,011
Pretax Net Operating Income (TE) 2,746 2,091
Applicable Income Taxes 118 212
Net Operating Income 2,449 1,601
Net Income 2,449 1,601
Cash Dividends Declared 1,163 830
Retained Earnings 1,286 717