Net Income Analysis ( % relative to Total Revenue )
Income Statement Southern Bank Of Tennessee All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 8,567 12,197
Income from Lease Financing Receivables — 0
18 25
Estimated Tax Benefit from Tax-Exempt Loan Income 9 12
Income on Loans and Leases (TE) 8,576 12,231
Investment Interest Income (TE) 506 1,544
Total Interest Income (TE) 9,255 14,034
Total Interest Expense 1,418 1,553
Net Interest Income (TE) 7,837 12,478
Non-Interest Income 1,640 2,901
Adjusted Operating Income (TE) 9,477 15,672
Non-interest Expense 7,125 10,334
Provision for Loan & Lease Losses 40 317
Pretax Operating Income (TE) 2,312 4,962
Pretax Net Operating Income (TE) 2,312 5,007
Applicable Income Taxes — 1,069
Net Operating Income 2,216 3,589
Net Income 2,216 3,593
Cash Dividends Declared 200 1,505
Retained Earnings 2,016 1,960