Net Income Analysis ( % relative to Total Revenue )
Income Statement West Texas State Bank All Insured Commercial Banks in Texas
Interest and Fees on Loans 11,716 10,872
Income from Lease Financing Receivables — 2
— 44
Estimated Tax Benefit from Tax-Exempt Loan Income — 22
Income on Loans and Leases (TE) 11,716 10,941
Investment Interest Income (TE) 1,338 2,007
Total Interest Income (TE) 13,548 13,476
Total Interest Expense 247 1,063
Net Interest Income (TE) 13,301 12,338
Non-Interest Income 3,820 2,639
Adjusted Operating Income (TE) 17,121 15,335
Non-interest Expense 10,765 9,693
Provision for Loan & Lease Losses 5,432 524
Pretax Operating Income (TE) 924 4,819
Pretax Net Operating Income (TE) 939 4,946
Applicable Income Taxes — 576
Net Operating Income 939 3,858
Net Income 939 3,845
Cash Dividends Declared 537 1,701
Retained Earnings 402 1,997