Net Income Analysis ( % relative to Total Revenue )
Income Statement Home Savings Bank Of Albemarle, Ssb All Insured Savings Banks in North Carolina
Interest and Fees on Loans 2,545 1,855
Income from Lease Financing Receivables — 0
— 1
Estimated Tax Benefit from Tax-Exempt Loan Income — 1
Income on Loans and Leases (TE) 2,545 1,855
Investment Interest Income (TE) 72 231
Total Interest Income (TE) 2,624 2,140
Total Interest Expense 507 362
Net Interest Income (TE) 2,117 1,785
Non-Interest Income 116 193
Adjusted Operating Income (TE) 2,233 1,976
Non-interest Expense 6,947 1,783
Provision for Loan & Lease Losses — 30
Pretax Operating Income (TE) -4,714 335
Pretax Net Operating Income (TE) -4,600 343
Applicable Income Taxes -1,593 85
Net Operating Income -3,007 233
Net Income -3,007 233
Cash Dividends Declared — 25
Retained Earnings -3,007 -19