Net Income Analysis ( % relative to Total Revenue )
Income Statement Hillsboro Bank All Insured Commercial Banks in Florida
Interest and Fees on Loans 3,104 17,732
Income from Lease Financing Receivables — 0
— 43
Estimated Tax Benefit from Tax-Exempt Loan Income — 22
Income on Loans and Leases (TE) 3,104 17,770
Investment Interest Income (TE) 1,326 2,218
Total Interest Income (TE) 4,511 20,559
Total Interest Expense 288 2,162
Net Interest Income (TE) 4,223 18,272
Non-Interest Income 291 3,794
Adjusted Operating Income (TE) 4,514 22,711
Non-interest Expense 2,421 16,000
Provision for Loan & Lease Losses — 402
Pretax Operating Income (TE) 2,093 6,153
Pretax Net Operating Income (TE) 2,107 6,294
Applicable Income Taxes 463 1,702
Net Operating Income 1,368 4,381
Net Income 1,368 4,381
Cash Dividends Declared 498 1,082
Retained Earnings 870 2,782