Net Income Analysis ( % relative to Total Revenue )
Income Statement Liberty State Bank All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 3,745 7,474
Income from Lease Financing Receivables — 0
11 19
Estimated Tax Benefit from Tax-Exempt Loan Income 6 9
Income on Loans and Leases (TE) 3,751 7,495
Investment Interest Income (TE) 1,088 1,056
Total Interest Income (TE) 4,853 8,726
Total Interest Expense 1,087 1,216
Net Interest Income (TE) 3,766 7,482
Non-Interest Income 645 1,601
Adjusted Operating Income (TE) 4,411 9,231
Non-interest Expense 2,623 6,349
Provision for Loan & Lease Losses 675 376
Pretax Operating Income (TE) 1,113 2,428
Pretax Net Operating Income (TE) 1,113 2,513
Applicable Income Taxes 109 519
Net Operating Income 743 1,800
Net Income 743 1,801
Cash Dividends Declared 135 527
Retained Earnings 608 1,128