Net Income Analysis ( % relative to Total Revenue )
Income Statement Traditions First Bank All Insured Commercial Banks in Tennessee
Interest and Fees on Loans 4,081 12,197
Income from Lease Financing Receivables — 0
41 25
Estimated Tax Benefit from Tax-Exempt Loan Income 21 12
Income on Loans and Leases (TE) 4,102 12,231
Investment Interest Income (TE) 746 1,544
Total Interest Income (TE) 4,959 14,034
Total Interest Expense 624 1,553
Net Interest Income (TE) 4,335 12,478
Non-Interest Income 475 2,901
Adjusted Operating Income (TE) 4,810 15,672
Non-interest Expense 3,356 10,334
Provision for Loan & Lease Losses — 317
Pretax Operating Income (TE) 1,454 4,962
Pretax Net Operating Income (TE) 1,540 5,007
Applicable Income Taxes 384 1,069
Net Operating Income 984 3,589
Net Income 984 3,593
Cash Dividends Declared 419 1,505
Retained Earnings 565 1,960