Net Income Analysis ( % relative to Total Revenue )
Income Statement Covington County Bank All Insured Commercial Banks in Mississippi
Interest and Fees on Loans 2,137 17,253
Income from Lease Financing Receivables — 3
— 26
Estimated Tax Benefit from Tax-Exempt Loan Income — 13
Income on Loans and Leases (TE) 2,137 17,289
Investment Interest Income (TE) 605 2,808
Total Interest Income (TE) 2,796 20,209
Total Interest Expense 315 1,763
Net Interest Income (TE) 2,481 18,449
Non-Interest Income 414 5,757
Adjusted Operating Income (TE) 2,895 24,205
Non-interest Expense 2,341 16,370
Provision for Loan & Lease Losses — 563
Pretax Operating Income (TE) 554 7,204
Pretax Net Operating Income (TE) 556 7,253
Applicable Income Taxes 99 1,422
Net Operating Income 330 5,177
Net Income 330 5,177
Cash Dividends Declared 254 2,913
Retained Earnings 76 1,357