Net Income Analysis ( % relative to Total Revenue )
Income Statement Davis Trust Company All Insured Commercial Banks in West Virginia
Interest and Fees on Loans 4,045 11,666
Income from Lease Financing Receivables — 1
35 100
Estimated Tax Benefit from Tax-Exempt Loan Income 18 47
Income on Loans and Leases (TE) 4,063 11,724
Investment Interest Income (TE) 670 1,523
Total Interest Income (TE) 4,920 13,460
Total Interest Expense 269 1,601
Net Interest Income (TE) 4,651 11,860
Non-Interest Income 1,267 3,481
Adjusted Operating Income (TE) 5,918 15,431
Non-interest Expense 4,693 10,280
Provision for Loan & Lease Losses 81 502
Pretax Operating Income (TE) 1,144 4,739
Pretax Net Operating Income (TE) 1,144 4,910
Applicable Income Taxes 120 1,424
Net Operating Income 908 3,265
Net Income 908 3,285
Cash Dividends Declared 2,480 1,194
Retained Earnings -1,572 1,335