Net Income Analysis ( % relative to Total Revenue )
Income Statement The Bank Of Romney All Insured Commercial Banks in West Virginia
Interest and Fees on Loans 6,837 8,629
Income from Lease Financing Receivables — 1
69 76
Estimated Tax Benefit from Tax-Exempt Loan Income 34 37
Income on Loans and Leases (TE) 6,871 8,673
Investment Interest Income (TE) 1,081 1,154
Total Interest Income (TE) 8,100 9,978
Total Interest Expense 1,165 1,193
Net Interest Income (TE) 6,935 8,786
Non-Interest Income 1,049 2,544
Adjusted Operating Income (TE) 7,984 11,379
Non-interest Expense 6,038 7,547
Provision for Loan & Lease Losses 176 358
Pretax Operating Income (TE) 1,770 3,517
Pretax Net Operating Income (TE) 1,861 3,680
Applicable Income Taxes 461 1,071
Net Operating Income 1,251 2,432
Net Income 1,251 2,447
Cash Dividends Declared — 681
Retained Earnings 1,251 1,018