Net Income Analysis ( % relative to Total Revenue )
Income Statement Valley State Bank All Insured Commercial Banks in Alabama
Interest and Fees on Loans 2,473 8,354
Income from Lease Financing Receivables — 0
143 61
Estimated Tax Benefit from Tax-Exempt Loan Income 74 30
Income on Loans and Leases (TE) 2,547 8,404
Investment Interest Income (TE) 1,318 1,854
Total Interest Income (TE) 3,908 10,667
Total Interest Expense 424 1,209
Net Interest Income (TE) 3,484 9,419
Non-Interest Income 212 1,915
Adjusted Operating Income (TE) 3,696 11,331
Non-interest Expense 2,343 7,466
Provision for Loan & Lease Losses 60 339
Pretax Operating Income (TE) 1,293 3,581
Pretax Net Operating Income (TE) 1,293 3,690
Applicable Income Taxes 274 694
Net Operating Income 815 2,603
Net Income 815 2,603
Cash Dividends Declared 121 1,049
Retained Earnings 694 1,520