Net Income Analysis ( % relative to Total Revenue )
Income Statement Putnam 1St Mercantile Bank All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 4,885 12,197
Income from Lease Financing Receivables — 0
— 25
Estimated Tax Benefit from Tax-Exempt Loan Income — 12
Income on Loans and Leases (TE) 4,885 12,231
Investment Interest Income (TE) 296 1,544
Total Interest Income (TE) 5,236 14,034
Total Interest Expense 866 1,553
Net Interest Income (TE) 4,370 12,478
Non-Interest Income 465 2,901
Adjusted Operating Income (TE) 4,835 15,672
Non-interest Expense 2,832 10,334
Provision for Loan & Lease Losses 135 317
Pretax Operating Income (TE) 1,868 4,962
Pretax Net Operating Income (TE) 1,881 5,007
Applicable Income Taxes 705 1,069
Net Operating Income 1,173 3,589
Net Income 1,173 3,593
Cash Dividends Declared 1,000 1,505
Retained Earnings 173 1,960