Net Income Analysis ( % relative to Total Revenue )
Income Statement Patrick Henry National Bank All Insured Commercial Banks in Virginia
Interest and Fees on Loans 10,997 14,128
Income from Lease Financing Receivables — —
932 277
Estimated Tax Benefit from Tax-Exempt Loan Income 480 140
Income on Loans and Leases (TE) 11,477 14,174
Investment Interest Income (TE) 2,592 2,059
Total Interest Income (TE) 15,635 16,733
Total Interest Expense 7,621 6,554
Net Interest Income (TE) 8,014 10,119
Non-Interest Income 873 2,571
Adjusted Operating Income (TE) 8,887 12,635
Non-interest Expense 6,178 7,776
Provision for Loan & Lease Losses 135 1,342
Pretax Operating Income (TE) 2,574 23,527
Pretax Net Operating Income (TE) 2,574 23,503
Applicable Income Taxes 390 9,191
Net Operating Income 1,704 14,801
Net Income 1,704 14,801
Cash Dividends Declared 925 6,783
Retained Earnings 779 11,257