Mechanics Bank
Water Valley, MS — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
Income Statement | Mechanics Bank | All Insured Commercial Banks in Mississippi |
Interest and Fees on Loans | 7,995 | 17,253 |
Income from Lease Financing Receivables | 7 | 3 |
7 | 26 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 2 | 13 |
Income on Loans and Leases (TE) | 8,004 | 17,289 |
Investment Interest Income (TE) | 1,207 | 2,808 |
Total Interest Income (TE) | 9,263 | 20,209 |
Total Interest Expense | 1,294 | 1,763 |
Net Interest Income (TE) | 7,969 | 18,449 |
Non-Interest Income | 1,852 | 5,757 |
Adjusted Operating Income (TE) | 9,821 | 24,205 |
Non-interest Expense | 7,283 | 16,370 |
Provision for Loan & Lease Losses | 772 | 563 |
Pretax Operating Income (TE) | 1,766 | 7,204 |
Pretax Net Operating Income (TE) | 2,012 | 7,253 |
Applicable Income Taxes | 395 | 1,422 |
Net Operating Income | 1,503 | 5,177 |
Net Income | 1,503 | 5,177 |
Cash Dividends Declared | 644 | 2,913 |
Retained Earnings | 859 | 1,357 |