Net Income Analysis ( % relative to Total Revenue )
Income Statement Coastal Bank & Trust All Insured Commercial Banks in North Carolina
Interest and Fees on Loans 3,387 43,859
Income from Lease Financing Receivables — 183
— 287
Estimated Tax Benefit from Tax-Exempt Loan Income — 148
Income on Loans and Leases (TE) 3,387 44,236
Investment Interest Income (TE) 130 4,769
Total Interest Income (TE) 3,629 49,636
Total Interest Expense 359 4,652
Net Interest Income (TE) 3,270 44,984
Non-Interest Income 569 11,387
Adjusted Operating Income (TE) 3,839 56,298
Non-interest Expense 3,401 38,609
Provision for Loan & Lease Losses 30 1,359
Pretax Operating Income (TE) 408 16,556
Pretax Net Operating Income (TE) 407 16,646
Applicable Income Taxes — 5,112
Net Operating Income 407 10,887
Net Income 407 10,887
Cash Dividends Declared — 5,698
Retained Earnings 407 5,606