Net Income Analysis ( % relative to Total Revenue )
Income Statement Worthington Federal Savings Bank, Fsb All Insured Savings Banks in Minnesota
Interest and Fees on Loans 2,134 8,915
Income from Lease Financing Receivables — 3
— 6
Estimated Tax Benefit from Tax-Exempt Loan Income — 3
Income on Loans and Leases (TE) 2,134 8,921
Investment Interest Income (TE) 261 1,005
Total Interest Income (TE) 2,549 10,031
Total Interest Expense 319 835
Net Interest Income (TE) 2,230 9,197
Non-Interest Income 56 2,762
Adjusted Operating Income (TE) 2,286 11,959
Non-interest Expense 1,387 8,221
Provision for Loan & Lease Losses 12 183
Pretax Operating Income (TE) 887 3,555
Pretax Net Operating Income (TE) 887 3,509
Applicable Income Taxes 319 1,078
Net Operating Income 493 2,358
Net Income 493 2,358
Cash Dividends Declared — 737
Retained Earnings 493 1,621