Net Income Analysis ( % relative to Total Revenue )
Income Statement Waldo State Bank All Insured Commercial Banks in Wisconsin
Interest and Fees on Loans 2,380 8,778
Income from Lease Financing Receivables — 1
2 81
Estimated Tax Benefit from Tax-Exempt Loan Income 1 41
Income on Loans and Leases (TE) 2,381 8,830
Investment Interest Income (TE) 492 1,225
Total Interest Income (TE) 2,887 10,297
Total Interest Expense 470 1,031
Net Interest Income (TE) 2,417 9,193
Non-Interest Income 366 1,813
Adjusted Operating Income (TE) 2,783 11,079
Non-interest Expense 1,474 6,946
Provision for Loan & Lease Losses 150 167
Pretax Operating Income (TE) 1,159 3,889
Pretax Net Operating Income (TE) 1,153 3,922
Applicable Income Taxes 332 705
Net Operating Income 715 3,014
Net Income 715 3,013
Cash Dividends Declared 80 1,435
Retained Earnings 635 1,350