Net Income Analysis ( % relative to Total Revenue )
Income Statement First-Citizens Bank & Trust Company All Insured Commercial Banks in North Carolina
Interest and Fees on Loans 847,053 43,859
Income from Lease Financing Receivables 29,419 183
1,112 287
Estimated Tax Benefit from Tax-Exempt Loan Income 481 148
Income on Loans and Leases (TE) 876,953 44,236
Investment Interest Income (TE) 95,844 4,769
Total Interest Income (TE) 987,131 49,636
Total Interest Expense 37,014 4,652
Net Interest Income (TE) 950,117 44,984
Non-Interest Income 468,763 11,387
Adjusted Operating Income (TE) 1,418,880 56,298
Non-interest Expense 1,050,764 38,609
Provision for Loan & Lease Losses 32,941 1,359
Pretax Operating Income (TE) 335,175 16,556
Pretax Net Operating Income (TE) 352,401 16,646
Applicable Income Taxes 126,159 5,112
Net Operating Income 225,761 10,887
Net Income 225,761 10,887
Cash Dividends Declared 90,055 5,698
Retained Earnings 135,706 5,606