Net Income Analysis ( % relative to Total Revenue )
Income Statement Portage Community Bank All Insured Commercial Banks in Ohio
Interest and Fees on Loans 10,001 11,386
Income from Lease Financing Receivables — 4
52 64
Estimated Tax Benefit from Tax-Exempt Loan Income 27 32
Income on Loans and Leases (TE) 10,028 11,434
Investment Interest Income (TE) 1,537 1,894
Total Interest Income (TE) 11,712 13,519
Total Interest Expense 1,558 1,284
Net Interest Income (TE) 10,154 12,235
Non-Interest Income 1,779 3,344
Adjusted Operating Income (TE) 11,933 15,563
Non-interest Expense 7,809 10,269
Provision for Loan & Lease Losses — 364
Pretax Operating Income (TE) 4,124 4,973
Pretax Net Operating Income (TE) 4,137 5,081
Applicable Income Taxes 987 1,163
Net Operating Income 2,804 3,580
Net Income 2,804 3,580
Cash Dividends Declared — 1,534
Retained Earnings 2,804 1,881