Net Income Analysis ( % relative to Total Revenue )
Income Statement Southern Heritage Bank All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 3,702 5,914
Income from Lease Financing Receivables — 0
— 13
Estimated Tax Benefit from Tax-Exempt Loan Income — 6
Income on Loans and Leases (TE) 3,702 5,930
Investment Interest Income (TE) 1,286 786
Total Interest Income (TE) 5,042 6,865
Total Interest Expense 449 758
Net Interest Income (TE) 4,593 6,104
Non-Interest Income 1,503 1,420
Adjusted Operating Income (TE) 6,096 7,648
Non-interest Expense 4,238 5,007
Provision for Loan & Lease Losses 126 144
Pretax Operating Income (TE) 1,732 2,428
Pretax Net Operating Income (TE) 1,768 2,465
Applicable Income Taxes 363 516
Net Operating Income 1,113 1,778
Net Income 1,113 1,776
Cash Dividends Declared 500 674
Retained Earnings 613 1,000