Net Income Analysis ( % relative to Total Revenue )
Income Statement Frontier Community Bank All Insured Commercial Banks in Virginia
Interest and Fees on Loans 3,841 27,504
Income from Lease Financing Receivables — 0
— 210
Estimated Tax Benefit from Tax-Exempt Loan Income — 103
Income on Loans and Leases (TE) 3,841 27,695
Investment Interest Income (TE) 39 3,362
Total Interest Income (TE) 4,095 31,612
Total Interest Expense 834 3,609
Net Interest Income (TE) 3,261 27,533
Non-Interest Income 252 6,168
Adjusted Operating Income (TE) 3,513 34,154
Non-interest Expense 2,738 22,095
Provision for Loan & Lease Losses -37 1,171
Pretax Operating Income (TE) 812 10,243
Pretax Net Operating Income (TE) 812 10,425
Applicable Income Taxes 291 2,728
Net Operating Income 521 7,993
Net Income 521 7,896
Cash Dividends Declared — 2,915
Retained Earnings 521 3,997