Home > Ark Valley Independent Bank > Income and Expense

Ark Valley Independent Bank, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$1,595,000	9,984
Total interest expense	$716,000	9,924
Net interest income	$879,000	9,886
Provision for loan and lease losses	$0	9,041
Total noninterest income	$193,000	8,328
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$102,000	7,439
Trading account gains and fees	NA	NA
Additional Noninterest Income	$91,000	7,410
Total noninterest expense	$955,000	8,858
Salaries and employee benefits	$632,000	7,942
Premises and equipment expense	$112,000	8,981
Additional noninterest expense	$211,000	9,812
Pre-tax net operating income	$117,000	10,280
Securities gains (losses)	$-232,000	11,325
Applicable income taxes	$-57,000	11,088
Income before extraordinary items	$-58,000	10,938
Extraordinary gains, net	$0	53
Net income	$-58,000	10,936
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-3,000	10,018
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$90,480	10,260
1995-12-31 (YTD Data)		Rank
Total interest income	$1,643,000	10,271
Total interest expense	$729,000	10,199
Net interest income	$914,000	10,204
Provision for loan and lease losses	$6,000	8,588
Total noninterest income	$192,000	8,551
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$101,000	7,760
Trading account gains and fees	NA	NA
Additional Noninterest Income	$91,000	7,528
Total noninterest expense	$858,000	9,521
Salaries and employee benefits	$500,000	9,117
Premises and equipment expense	$106,000	9,444
Additional noninterest expense	$252,000	9,795
Pre-tax net operating income	$242,000	10,175
Securities gains (losses)	$2,000	3,270
Applicable income taxes	$67,000	9,845
Income before extraordinary items	$177,000	10,191
Extraordinary gains, net	$0	65
Net income	$177,000	10,193
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$9,000	7,576
Cash dividends	$265,000	4,840
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$175,540	10,183
1994-12-31 (YTD Data)		Rank
Total interest income	$1,562,000	10,610
Total interest expense	$596,000	10,623
Net interest income	$966,000	10,499
Provision for loan and lease losses	$23,000	7,639
Total noninterest income	$183,000	9,049
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$108,000	7,891
Trading account gains and fees	NA	NA
Additional Noninterest Income	$75,000	8,448
Total noninterest expense	$807,000	10,222
Salaries and employee benefits	$431,000	9,996
Premises and equipment expense	$89,000	10,376
Additional noninterest expense	$287,000	10,109
Pre-tax net operating income	$319,000	10,003
Securities gains (losses)	$1,000	3,293
Applicable income taxes	$113,000	9,076
Income before extraordinary items	$207,000	10,198
Extraordinary gains, net	$0	249
Net income	$207,000	10,208
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$42,000	5,444
Cash dividends	$225,000	5,180
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$206,350	10,250
1993-12-31 (YTD Data)		Rank
Total interest income	$1,714,000	10,775
Total interest expense	$617,000	11,037
Net interest income	$1,097,000	10,425
Provision for loan and lease losses	$108,000	5,571
Total noninterest income	$175,000	9,703
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$122,000	7,788
Trading account gains and fees	NA	NA
Additional Noninterest Income	$53,000	9,919
Total noninterest expense	$787,000	10,727
Salaries and employee benefits	$412,000	10,509
Premises and equipment expense	$107,000	10,233
Additional noninterest expense	$268,000	10,852
Pre-tax net operating income	$377,000	9,601
Securities gains (losses)	$17,000	4,881
Applicable income taxes	$143,000	8,793
Income before extraordinary items	$251,000	10,031
Extraordinary gains, net	$0	3,149
Net income	$251,000	10,168
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$122,000	4,128
Cash dividends	$120,000	6,522
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$240,120	9,912
1992-12-31 (YTD Data)		Rank
Total interest income	$1,981,000	10,927
Total interest expense	$844,000	11,123
Net interest income	$1,137,000	10,568
Provision for loan and lease losses	$80,000	7,886
Total noninterest income	$175,000	9,918
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$109,000	8,244
Trading account gains and fees	NA	NA
Additional Noninterest Income	$66,000	9,490
Total noninterest expense	$863,000	10,693
Salaries and employee benefits	$449,000	10,323
Premises and equipment expense	$105,000	10,550
Additional noninterest expense	$309,000	10,704
Pre-tax net operating income	$369,000	9,510
Securities gains (losses)	$161,000	2,318
Applicable income taxes	$179,000	7,994
Income before extraordinary items	$351,000	8,707
Extraordinary gains, net	$0	1,422
Net income	$351,000	8,840
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$79,000	6,489
Cash dividends	$100,000	6,542
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$244,740	9,621

* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.