Net Income Analysis ( % relative to Total Revenue )
Income Statement First State Bank All Insured Commercial Banks in Florida
Interest and Fees on Loans 10,158 5,858
Income from Lease Financing Receivables — —
— 112
Estimated Tax Benefit from Tax-Exempt Loan Income — 64
Income on Loans and Leases (TE) 10,158 5,859
Investment Interest Income (TE) 1,327 1,079
Total Interest Income (TE) 11,496 6,988
Total Interest Expense 7,447 2,865
Net Interest Income (TE) 4,049 4,061
Non-Interest Income 426 1,649
Adjusted Operating Income (TE) 4,475 4,751
Non-interest Expense 7,278 4,516
Provision for Loan & Lease Losses 20,130 2,932
Pretax Operating Income (TE) — 2,228
Pretax Net Operating Income (TE) — 2,182
Applicable Income Taxes — 1,129
Net Operating Income — 1,454
Net Income — 1,453
Cash Dividends Declared — 2,197
Retained Earnings — 848