Net Income Analysis ( % relative to Total Revenue )
Income Statement The Peoples National Bank All Insured Commercial Banks in South Carolina
Interest and Fees on Loans 2,475 3,138
Income from Lease Financing Receivables — 0
— 4
Estimated Tax Benefit from Tax-Exempt Loan Income — 1
Income on Loans and Leases (TE) 2,475 3,140
Investment Interest Income (TE) 1,215 533
Total Interest Income (TE) 3,702 3,696
Total Interest Expense 549 688
Net Interest Income (TE) 3,153 3,007
Non-Interest Income 658 895
Adjusted Operating Income (TE) 3,811 3,924
Non-interest Expense 2,977 3,052
Provision for Loan & Lease Losses — 541
Pretax Operating Income (TE) 834 458
Pretax Net Operating Income (TE) 1,037 566
Applicable Income Taxes 46 142
Net Operating Income 678 390
Net Income 678 390
Cash Dividends Declared — 77
Retained Earnings 678 286