Income and Expense Statement

1. Interest income

2. Interest expense

3. Net interest income (= 1 – 2)

4. Noninterest income

5. Gross income (= 3 + 4)

6. Noninterest expenses

7. Provisions (net)

8. Net income before taxes (= 5 – (6 + 7))

9. Income tax

10. Net income after taxes (= 8 – 9)

11. Other comprehensive income (loss) net of tax

12. Dividends payable

13. Retained earnings (= 10 – 12)