Net Income Analysis ( % relative to Total Revenue )
Income Statement The Citizens Bank All Insured Commercial Banks in South Carolina
Interest and Fees on Loans 13,477 12,539
Income from Lease Financing Receivables — 0
22 22
Estimated Tax Benefit from Tax-Exempt Loan Income 10 11
Income on Loans and Leases (TE) 13,487 12,587
Investment Interest Income (TE) 1,519 1,927
Total Interest Income (TE) 15,422 14,719
Total Interest Expense 1,068 1,274
Net Interest Income (TE) 14,354 13,414
Non-Interest Income 4,382 3,571
Adjusted Operating Income (TE) 18,736 16,851
Non-interest Expense 13,918 12,305
Provision for Loan & Lease Losses 200 445
Pretax Operating Income (TE) 4,618 4,224
Pretax Net Operating Income (TE) 4,618 4,344
Applicable Income Taxes 1,438 1,192
Net Operating Income 3,002 2,936
Net Income 3,002 2,936
Cash Dividends Declared 750 1,017
Retained Earnings 2,252 1,790