Net Income Analysis ( % relative to Total Revenue )
Income Statement James Monroe Bank All Insured Commercial Banks in Virginia
Interest and Fees on Loans 14,678 9,111
Income from Lease Financing Receivables — —
— 178
Estimated Tax Benefit from Tax-Exempt Loan Income — 90
Income on Loans and Leases (TE) 14,678 9,140
Investment Interest Income (TE) 2,119 1,343
Total Interest Income (TE) 16,960 10,780
Total Interest Expense 7,204 4,085
Net Interest Income (TE) 9,756 6,668
Non-Interest Income 868 1,805
Adjusted Operating Income (TE) 10,624 8,314
Non-interest Expense 7,450 5,145
Provision for Loan & Lease Losses 356 966
Pretax Operating Income (TE) 2,818 14,510
Pretax Net Operating Income (TE) 2,818 14,483
Applicable Income Taxes 978 5,581
Net Operating Income 1,840 9,134
Net Income 1,840 9,134
Cash Dividends Declared — 3,778
Retained Earnings 1,840 7,227