Net Income Analysis ( % relative to Total Revenue )
Income Statement Drummond Community Bank All Insured Commercial Banks in Florida
Interest and Fees on Loans 12,661 17,732
Income from Lease Financing Receivables — 0
55 43
Estimated Tax Benefit from Tax-Exempt Loan Income 28 22
Income on Loans and Leases (TE) 12,689 17,770
Investment Interest Income (TE) 6,921 2,218
Total Interest Income (TE) 19,705 20,559
Total Interest Expense 511 2,162
Net Interest Income (TE) 19,194 18,272
Non-Interest Income 4,549 3,794
Adjusted Operating Income (TE) 23,743 22,711
Non-interest Expense 16,016 16,000
Provision for Loan & Lease Losses 902 402
Pretax Operating Income (TE) 6,825 6,153
Pretax Net Operating Income (TE) 7,113 6,294
Applicable Income Taxes — 1,702
Net Operating Income 5,604 4,381
Net Income 5,604 4,381
Cash Dividends Declared 4,425 1,082
Retained Earnings 1,179 2,782