The Bank Of Milan
Milan, TN — Non-member Bank
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Net Income Analysis
( % relative to Total Revenue )
| Income Statement | The Bank Of Milan | All Insured Commercial Banks in Tennessee |
| Interest and Fees on Loans | 1,834 | 12,197 |
| Income from Lease Financing Receivables | — | 0 |
| — | 25 | |
| Estimated Tax Benefit from Tax-Exempt Loan Income | — | 12 |
| Income on Loans and Leases (TE) | 1,834 | 12,231 |
| Investment Interest Income (TE) | 648 | 1,544 |
| Total Interest Income (TE) | 2,493 | 14,034 |
| Total Interest Expense | 149 | 1,553 |
| Net Interest Income (TE) | 2,344 | 12,478 |
| Non-Interest Income | 497 | 2,901 |
| Adjusted Operating Income (TE) | 2,841 | 15,672 |
| Non-interest Expense | 2,116 | 10,334 |
| Provision for Loan & Lease Losses | -25 | 317 |
| Pretax Operating Income (TE) | 750 | 4,962 |
| Pretax Net Operating Income (TE) | 824 | 5,007 |
| Applicable Income Taxes | 65 | 1,069 |
| Net Operating Income | 643 | 3,589 |
| Net Income | 643 | 3,593 |
| Cash Dividends Declared | 397 | 1,505 |
| Retained Earnings | 246 | 1,960 |