Net Income Analysis ( % relative to Total Revenue )
Income Statement The Bank Of Southside Virginia All Insured Commercial Banks in Virginia
Interest and Fees on Loans 12,591 27,504
Income from Lease Financing Receivables — 0
24 210
Estimated Tax Benefit from Tax-Exempt Loan Income 12 103
Income on Loans and Leases (TE) 12,603 27,695
Investment Interest Income (TE) 5,682 3,362
Total Interest Income (TE) 19,288 31,612
Total Interest Expense 1,082 3,609
Net Interest Income (TE) 18,206 27,533
Non-Interest Income 5,736 6,168
Adjusted Operating Income (TE) 23,942 34,154
Non-interest Expense 14,033 22,095
Provision for Loan & Lease Losses 254 1,171
Pretax Operating Income (TE) 9,655 10,243
Pretax Net Operating Income (TE) 9,732 10,425
Applicable Income Taxes 1,072 2,728
Net Operating Income 7,026 7,993
Net Income 7,026 7,896
Cash Dividends Declared 3,195 2,915
Retained Earnings 3,831 3,997