Net Income Analysis ( % relative to Total Revenue )
Income Statement First Florida Integrity Bank All Insured Commercial Banks in Florida
Interest and Fees on Loans 34,983 17,732
Income from Lease Financing Receivables 20 0
— 43
Estimated Tax Benefit from Tax-Exempt Loan Income — 22
Income on Loans and Leases (TE) 35,003 17,770
Investment Interest Income (TE) 3,833 2,218
Total Interest Income (TE) 39,264 20,559
Total Interest Expense 5,162 2,162
Net Interest Income (TE) 34,102 18,272
Non-Interest Income 2,997 3,794
Adjusted Operating Income (TE) 37,099 22,711
Non-interest Expense 26,665 16,000
Provision for Loan & Lease Losses 972 402
Pretax Operating Income (TE) 9,462 6,153
Pretax Net Operating Income (TE) 9,469 6,294
Applicable Income Taxes 3,417 1,702
Net Operating Income 6,037 4,381
Net Income 6,037 4,381
Cash Dividends Declared 450 1,082
Retained Earnings 5,587 2,782