Net Income Analysis ( % relative to Total Revenue )
Income Statement Palm Beach Community Bank All Insured Commercial Banks in Florida
Interest and Fees on Loans 13,762 17,732
Income from Lease Financing Receivables 181 0
— 43
Estimated Tax Benefit from Tax-Exempt Loan Income — 22
Income on Loans and Leases (TE) 13,943 17,770
Investment Interest Income (TE) 1,110 2,218
Total Interest Income (TE) 15,200 20,559
Total Interest Expense 2,096 2,162
Net Interest Income (TE) 13,104 18,272
Non-Interest Income 297 3,794
Adjusted Operating Income (TE) 13,401 22,711
Non-interest Expense 7,812 16,000
Provision for Loan & Lease Losses 105 402
Pretax Operating Income (TE) 5,484 6,153
Pretax Net Operating Income (TE) 5,789 6,294
Applicable Income Taxes — 1,702
Net Operating Income 5,613 4,381
Net Income 5,613 4,381
Cash Dividends Declared 2,280 1,082
Retained Earnings 3,333 2,782