Net Income Analysis ( % relative to Total Revenue )
Income Statement Williamstown Bank, Inc. All Insured Commercial Banks in West Virginia
Interest and Fees on Loans 6,506 11,666
Income from Lease Financing Receivables — 1
— 100
Estimated Tax Benefit from Tax-Exempt Loan Income — 47
Income on Loans and Leases (TE) 6,506 11,724
Investment Interest Income (TE) 590 1,523
Total Interest Income (TE) 7,120 13,460
Total Interest Expense 626 1,601
Net Interest Income (TE) 6,494 11,860
Non-Interest Income 788 3,481
Adjusted Operating Income (TE) 7,282 15,431
Non-interest Expense 4,386 10,280
Provision for Loan & Lease Losses 262 502
Pretax Operating Income (TE) 2,634 4,739
Pretax Net Operating Income (TE) 2,634 4,910
Applicable Income Taxes 839 1,424
Net Operating Income 1,613 3,265
Net Income 1,613 3,285
Cash Dividends Declared 730 1,194
Retained Earnings 883 1,335