Net Income Analysis ( % relative to Total Revenue )
Income Statement Spencer County Bank All Insured Commercial Banks in Indiana
Interest and Fees on Loans 2,800 17,558
Income from Lease Financing Receivables — 63
54 140
Estimated Tax Benefit from Tax-Exempt Loan Income 28 73
Income on Loans and Leases (TE) 2,828 17,832
Investment Interest Income (TE) 763 2,939
Total Interest Income (TE) 3,638 21,400
Total Interest Expense 604 2,125
Net Interest Income (TE) 3,034 19,222
Non-Interest Income 562 5,497
Adjusted Operating Income (TE) 3,596 24,709
Non-interest Expense 2,912 15,248
Provision for Loan & Lease Losses — 481
Pretax Operating Income (TE) 684 8,741
Pretax Net Operating Income (TE) 684 8,865
Applicable Income Taxes 142 2,204
Net Operating Income 461 6,062
Net Income 461 6,062
Cash Dividends Declared 28 3,093
Retained Earnings 433 2,557