Net Income Analysis ( % relative to Total Revenue )
Income Statement First Priority Bank All Insured Commercial Banks in Florida
Interest and Fees on Loans 5,384 6,719
Income from Lease Financing Receivables — —
— 101
Estimated Tax Benefit from Tax-Exempt Loan Income — 48
Income on Loans and Leases (TE) 5,384 6,722
Investment Interest Income (TE) 1,084 1,136
Total Interest Income (TE) 6,685 7,907
Total Interest Expense 5,427 3,553
Net Interest Income (TE) 1,258 4,330
Non-Interest Income 79 893
Adjusted Operating Income (TE) 1,337 4,993
Non-interest Expense 5,908 3,999
Provision for Loan & Lease Losses 7,991 2,415
Pretax Operating Income (TE) — 3,118
Pretax Net Operating Income (TE) — 3,191
Applicable Income Taxes — 1,298
Net Operating Income — 2,216
Net Income — 2,216
Cash Dividends Declared — 1,621
Retained Earnings — 1,915