Grayson National Bank
Independence, VA — National Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Grayson National Bank | All Insured Commercial Banks in Virginia |
Interest and Fees on Loans | 16,278 | 27,504 |
Income from Lease Financing Receivables | — | 0 |
97 | 210 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 48 | 103 |
Income on Loans and Leases (TE) | 16,326 | 27,695 |
Investment Interest Income (TE) | 1,133 | 3,362 |
Total Interest Income (TE) | 17,606 | 31,612 |
Total Interest Expense | 1,729 | 3,609 |
Net Interest Income (TE) | 15,877 | 27,533 |
Non-Interest Income | 3,277 | 6,168 |
Adjusted Operating Income (TE) | 19,154 | 34,154 |
Non-interest Expense | 16,696 | 22,095 |
Provision for Loan & Lease Losses | -5 | 1,171 |
Pretax Operating Income (TE) | 2,463 | 10,243 |
Pretax Net Operating Income (TE) | 2,828 | 10,425 |
Applicable Income Taxes | 950 | 2,728 |
Net Operating Income | 1,829 | 7,993 |
Net Income | 1,829 | 7,896 |
Cash Dividends Declared | 573 | 2,915 |
Retained Earnings | 1,256 | 3,997 |