Net Income Analysis ( % relative to Total Revenue )
Income Statement Citizens First Bank All Insured Commercial Banks in Florida
Interest and Fees on Loans 14,303 17,732
Income from Lease Financing Receivables — 0
489 43
Estimated Tax Benefit from Tax-Exempt Loan Income 263 22
Income on Loans and Leases (TE) 14,566 17,770
Investment Interest Income (TE) 35,286 2,218
Total Interest Income (TE) 50,328 20,559
Total Interest Expense 1,646 2,162
Net Interest Income (TE) 48,682 18,272
Non-Interest Income 8,917 3,794
Adjusted Operating Income (TE) 57,599 22,711
Non-interest Expense 24,021 16,000
Provision for Loan & Lease Losses -1,000 402
Pretax Operating Income (TE) 34,578 6,153
Pretax Net Operating Income (TE) 35,040 6,294
Applicable Income Taxes 8,334 1,702
Net Operating Income 21,947 4,381
Net Income 21,947 4,381
Cash Dividends Declared 2,800 1,082
Retained Earnings 19,147 2,782