Net Income Analysis ( % relative to Total Revenue )
Income Statement Western Security Bank All Insured Commercial Banks in Arizona
Interest and Fees on Loans 2,883 3,701
Income from Lease Financing Receivables — 1,393
— 35
Estimated Tax Benefit from Tax-Exempt Loan Income — 12
Income on Loans and Leases (TE) 2,883 3,826
Investment Interest Income (TE) 2 383
Total Interest Income (TE) 3,261 4,197
Total Interest Expense 1,016 1,624
Net Interest Income (TE) 2,245 2,575
Non-Interest Income 128 483
Adjusted Operating Income (TE) 2,373 3,122
Non-interest Expense 2,527 2,190
Provision for Loan & Lease Losses 120 331
Pretax Operating Income (TE) — 2,163
Pretax Net Operating Income (TE) — 2,182
Applicable Income Taxes — 817
Net Operating Income — 1,534
Net Income — 1,534
Cash Dividends Declared 978 1,531
Retained Earnings — 1,202