Net Income Analysis ( % relative to Total Revenue )
Income Statement First State Bank All Insured Commercial Banks in Mississippi
Interest and Fees on Loans 22,871 17,253
Income from Lease Financing Receivables — 3
5 26
Estimated Tax Benefit from Tax-Exempt Loan Income 3 13
Income on Loans and Leases (TE) 22,874 17,289
Investment Interest Income (TE) 7,893 2,808
Total Interest Income (TE) 30,797 20,209
Total Interest Expense 2,795 1,763
Net Interest Income (TE) 28,002 18,449
Non-Interest Income 3,199 5,757
Adjusted Operating Income (TE) 31,201 24,205
Non-interest Expense 16,145 16,370
Provision for Loan & Lease Losses 400 563
Pretax Operating Income (TE) 14,656 7,204
Pretax Net Operating Income (TE) 14,656 7,253
Applicable Income Taxes 4,080 1,422
Net Operating Income 9,515 5,177
Net Income 9,515 5,177
Cash Dividends Declared 5,967 2,913
Retained Earnings 3,548 1,357