Net Income Analysis ( % relative to Total Revenue )
Income Statement The Summit National Bank All Insured Commercial Banks in Georgia
Interest and Fees on Loans 27,190 9,053
Income from Lease Financing Receivables — 49,031
— 952
Estimated Tax Benefit from Tax-Exempt Loan Income — 496
Income on Loans and Leases (TE) 27,190 9,068
Investment Interest Income (TE) 4,572 972
Total Interest Income (TE) 32,037 10,027
Total Interest Expense 11,808 4,021
Net Interest Income (TE) 20,229 5,998
Non-Interest Income 2,520 1,101
Adjusted Operating Income (TE) 22,749 7,148
Non-interest Expense 13,482 3,959
Provision for Loan & Lease Losses 1,250 1,071
Pretax Operating Income (TE) 8,017 14,039
Pretax Net Operating Income (TE) 8,017 13,726
Applicable Income Taxes 2,187 5,180
Net Operating Income 5,411 9,334
Net Income 5,411 9,334
Cash Dividends Declared 2,975 6,156
Retained Earnings 2,436 5,625