Home > Bank of Newport > Income and Expense
Bank of Newport, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $17,350,000 | 1,803 |
| Total interest expense | $4,193,000 | 3,023 |
| Net interest income | $13,157,000 | 1,378 |
| Provision for loan and lease losses | $4,252,000 | 488 |
| Total noninterest income | $2,537,000 | 1,661 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,460,000 | 906 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,077,000 | 1,935 |
| Total noninterest expense | $16,457,000 | 981 |
| Salaries and employee benefits | $4,942,000 | 1,363 |
| Premises and equipment expense | $3,996,000 | 599 |
| Additional noninterest expense | $7,519,000 | 940 |
| Pre-tax net operating income | $-5,015,000 | 13,178 |
| Securities gains (losses) | $249,000 | 1,459 |
| Applicable income taxes | $201,000 | 7,594 |
| Income before extraordinary items | $-4,967,000 | 13,159 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-4,967,000 | 13,160 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $6,211,000 | 351 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $2,800,000 | 292 |
| Net operating income | $-5,216,000 | 13,153 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $23,983,000 | 1,521 |
| Total interest expense | $6,850,000 | 2,458 |
| Net interest income | $17,133,000 | 1,082 |
| Provision for loan and lease losses | $8,429,000 | 419 |
| Total noninterest income | $2,593,000 | 1,612 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,604,000 | 813 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $989,000 | 2,020 |
| Total noninterest expense | $17,233,000 | 960 |
| Salaries and employee benefits | $6,283,000 | 1,072 |
| Premises and equipment expense | $4,431,000 | 560 |
| Additional noninterest expense | $6,519,000 | 1,064 |
| Pre-tax net operating income | $-5,936,000 | 13,809 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $-1,117,000 | 13,833 |
| Income before extraordinary items | $-4,819,000 | 13,801 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-4,819,000 | 13,800 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $9,779,000 | 339 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-4,819,000 | 13,762 |
* 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.