Net Income Analysis ( % relative to Total Revenue )
Income Statement Farmers State Bank All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 4,873 12,197
Income from Lease Financing Receivables — 0
— 25
Estimated Tax Benefit from Tax-Exempt Loan Income — 12
Income on Loans and Leases (TE) 4,873 12,231
Investment Interest Income (TE) 1,001 1,544
Total Interest Income (TE) 5,937 14,034
Total Interest Expense 559 1,553
Net Interest Income (TE) 5,378 12,478
Non-Interest Income 728 2,901
Adjusted Operating Income (TE) 6,106 15,672
Non-interest Expense 4,693 10,334
Provision for Loan & Lease Losses 45 317
Pretax Operating Income (TE) 1,368 4,962
Pretax Net Operating Income (TE) 1,368 5,007
Applicable Income Taxes 342 1,069
Net Operating Income 923 3,589
Net Income 923 3,593
Cash Dividends Declared 475 1,505
Retained Earnings 448 1,960