Net Income Analysis ( % relative to Total Revenue )
Income Statement American National Bank And Trust Company All Insured Commercial Banks in Virginia
Interest and Fees on Loans 47,971 27,504
Income from Lease Financing Receivables — 0
562 210
Estimated Tax Benefit from Tax-Exempt Loan Income 281 103
Income on Loans and Leases (TE) 48,252 27,695
Investment Interest Income (TE) 9,090 3,362
Total Interest Income (TE) 57,922 31,612
Total Interest Expense 5,438 3,609
Net Interest Income (TE) 52,484 27,533
Non-Interest Income 12,418 6,168
Adjusted Operating Income (TE) 64,902 34,154
Non-interest Expense 38,789 22,095
Provision for Loan & Lease Losses 250 1,171
Pretax Operating Income (TE) 25,863 10,243
Pretax Net Operating Income (TE) 26,699 10,425
Applicable Income Taxes 7,533 2,728
Net Operating Income 17,320 7,993
Net Income 17,320 7,896
Cash Dividends Declared 16,000 2,915
Retained Earnings 1,320 3,997