Net Income Analysis ( % relative to Total Revenue )
Income Statement First Citizens National Bank All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 42,320 12,197
Income from Lease Financing Receivables — 0
— 25
Estimated Tax Benefit from Tax-Exempt Loan Income — 12
Income on Loans and Leases (TE) 42,320 12,231
Investment Interest Income (TE) 18,482 1,544
Total Interest Income (TE) 61,377 14,034
Total Interest Expense 6,599 1,553
Net Interest Income (TE) 54,778 12,478
Non-Interest Income 15,882 2,901
Adjusted Operating Income (TE) 70,660 15,672
Non-interest Expense 44,769 10,334
Provision for Loan & Lease Losses 2,003 317
Pretax Operating Income (TE) 23,888 4,962
Pretax Net Operating Income (TE) 24,539 5,007
Applicable Income Taxes 4,087 1,069
Net Operating Income 16,522 3,589
Net Income 16,398 3,593
Cash Dividends Declared 7,000 1,505
Retained Earnings 9,398 1,960