Net Income Analysis ( % relative to Total Revenue )
Income Statement First Freedom Bank All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 15,599 12,197
Income from Lease Financing Receivables — 0
1 25
Estimated Tax Benefit from Tax-Exempt Loan Income 1 12
Income on Loans and Leases (TE) 15,600 12,231
Investment Interest Income (TE) 10 1,544
Total Interest Income (TE) 16,063 14,034
Total Interest Expense 2,399 1,553
Net Interest Income (TE) 13,664 12,478
Non-Interest Income 1,997 2,901
Adjusted Operating Income (TE) 15,661 15,672
Non-interest Expense 10,465 10,334
Provision for Loan & Lease Losses 669 317
Pretax Operating Income (TE) 4,527 4,962
Pretax Net Operating Income (TE) 4,527 5,007
Applicable Income Taxes 1,608 1,069
Net Operating Income 2,918 3,589
Net Income 2,918 3,593
Cash Dividends Declared 817 1,505
Retained Earnings 2,101 1,960