Net Income Analysis ( % relative to Total Revenue )
Income Statement Mercer County State Bank All Insured Commercial Banks in Pennsylvania
Interest and Fees on Loans 7,495 16,763
Income from Lease Financing Receivables — 18
119 394
Estimated Tax Benefit from Tax-Exempt Loan Income 60 204
Income on Loans and Leases (TE) 7,555 17,164
Investment Interest Income (TE) 3,005 2,807
Total Interest Income (TE) 10,572 20,273
Total Interest Expense 1,329 2,378
Net Interest Income (TE) 9,243 17,898
Non-Interest Income 2,309 4,707
Adjusted Operating Income (TE) 11,552 22,617
Non-interest Expense 8,096 15,260
Provision for Loan & Lease Losses 175 646
Pretax Operating Income (TE) 3,281 6,527
Pretax Net Operating Income (TE) 3,457 6,805
Applicable Income Taxes 477 1,523
Net Operating Income 2,408 4,642
Net Income 2,408 4,638
Cash Dividends Declared 520 2,070
Retained Earnings 1,888 2,207