Volunteer State Bank
Portland, TN — Non-member Bank
Active
Net Income Analysis
( % relative to Total Revenue )
Income Statement | Volunteer State Bank | All Insured Commercial Banks in Tennessee |
Interest and Fees on Loans | 22,262 | 12,197 |
Income from Lease Financing Receivables | — | 0 |
29 | 25 | |
Estimated Tax Benefit from Tax-Exempt Loan Income | 16 | 12 |
Income on Loans and Leases (TE) | 22,278 | 12,231 |
Investment Interest Income (TE) | 925 | 1,544 |
Total Interest Income (TE) | 23,277 | 14,034 |
Total Interest Expense | 2,028 | 1,553 |
Net Interest Income (TE) | 21,249 | 12,478 |
Non-Interest Income | 27,758 | 2,901 |
Adjusted Operating Income (TE) | 49,007 | 15,672 |
Non-interest Expense | 33,503 | 10,334 |
Provision for Loan & Lease Losses | 838 | 317 |
Pretax Operating Income (TE) | 14,666 | 4,962 |
Pretax Net Operating Income (TE) | 14,666 | 5,007 |
Applicable Income Taxes | 944 | 1,069 |
Net Operating Income | 13,480 | 3,589 |
Net Income | 13,480 | 3,593 |
Cash Dividends Declared | 8,924 | 1,505 |
Retained Earnings | 4,556 | 1,960 |