Home > Bank of Northern Virginia > Income and Expense
Bank of Northern Virginia, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $5,498,000 | 5,301 |
| Total interest expense | $2,200,000 | 5,834 |
| Net interest income | $3,298,000 | 4,807 |
| Provision for loan and lease losses | $150,000 | 4,136 |
| Total noninterest income | $370,000 | 5,859 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $135,000 | 6,186 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $235,000 | 4,550 |
| Total noninterest expense | $2,059,000 | 5,493 |
| Salaries and employee benefits | $792,000 | 6,717 |
| Premises and equipment expense | $505,000 | 3,670 |
| Additional noninterest expense | $762,000 | 4,843 |
| Pre-tax net operating income | $1,459,000 | 4,263 |
| Securities gains (losses) | $-55,000 | 10,374 |
| Applicable income taxes | $481,000 | 3,934 |
| Income before extraordinary items | $923,000 | 4,753 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $923,000 | 4,752 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $267,000 | 2,012 |
| Cash dividends | $228,000 | 5,121 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $959,300 | 4,543 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $5,644,000 | 5,300 |
| Total interest expense | $2,279,000 | 5,747 |
| Net interest income | $3,365,000 | 4,867 |
| Provision for loan and lease losses | $18,000 | 7,986 |
| Total noninterest income | $597,000 | 4,429 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $172,000 | 5,793 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $425,000 | 3,160 |
| Total noninterest expense | $2,478,000 | 4,811 |
| Salaries and employee benefits | $1,168,000 | 5,216 |
| Premises and equipment expense | $420,000 | 4,276 |
| Additional noninterest expense | $890,000 | 4,352 |
| Pre-tax net operating income | $1,466,000 | 4,576 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $512,000 | 4,144 |
| Income before extraordinary items | $954,000 | 4,866 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $954,000 | 4,866 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $29,000 | 6,018 |
| Cash dividends | $177,000 | 5,643 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $954,000 | 4,807 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $5,459,000 | 5,556 |
| Total interest expense | $2,227,000 | 5,995 |
| Net interest income | $3,232,000 | 5,154 |
| Provision for loan and lease losses | $12,000 | 8,364 |
| Total noninterest income | $365,000 | 6,268 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $200,000 | 5,563 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $165,000 | 5,697 |
| Total noninterest expense | $2,433,000 | 5,117 |
| Salaries and employee benefits | $1,216,000 | 5,140 |
| Premises and equipment expense | $373,000 | 4,796 |
| Additional noninterest expense | $844,000 | 4,987 |
| Pre-tax net operating income | $1,152,000 | 5,254 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $398,000 | 4,908 |
| Income before extraordinary items | $754,000 | 5,508 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $754,000 | 5,509 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $51,000 | 5,266 |
| Cash dividends | $160,000 | 5,863 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $754,000 | 5,454 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,105,000 | 5,898 |
| Total interest expense | $1,907,000 | 6,674 |
| Net interest income | $3,198,000 | 5,222 |
| Provision for loan and lease losses | $120,000 | 4,090 |
| Total noninterest income | $340,000 | 6,600 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $195,000 | 5,770 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $145,000 | 6,088 |
| Total noninterest expense | $2,457,000 | 5,074 |
| Salaries and employee benefits | $1,219,000 | 5,151 |
| Premises and equipment expense | $395,000 | 4,595 |
| Additional noninterest expense | $843,000 | 5,031 |
| Pre-tax net operating income | $961,000 | 6,149 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $329,000 | 5,674 |
| Income before extraordinary items | $632,000 | 6,419 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $632,000 | 6,417 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 10,150 |
| Cash dividends | $296,000 | 4,623 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $632,000 | 6,409 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,121,000 | 6,553 |
| Total interest expense | $1,351,000 | 7,393 |
| Net interest income | $2,770,000 | 5,971 |
| Provision for loan and lease losses | $297,000 | 2,312 |
| Total noninterest income | $354,000 | 6,627 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $235,000 | 5,273 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $119,000 | 6,953 |
| Total noninterest expense | $2,363,000 | 5,413 |
| Salaries and employee benefits | $1,142,000 | 5,483 |
| Premises and equipment expense | $378,000 | 4,815 |
| Additional noninterest expense | $843,000 | 5,458 |
| Pre-tax net operating income | $464,000 | 8,892 |
| Securities gains (losses) | $1,000 | 3,293 |
| Applicable income taxes | $156,000 | 8,187 |
| Income before extraordinary items | $309,000 | 9,047 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $309,000 | 9,051 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $229,000 | 2,283 |
| Cash dividends | $122,000 | 6,502 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $308,340 | 9,127 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,167,000 | 8,064 |
| Total interest expense | $949,000 | 9,337 |
| Net interest income | $2,218,000 | 7,133 |
| Provision for loan and lease losses | $180,000 | 4,132 |
| Total noninterest income | $347,000 | 7,063 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $241,000 | 5,249 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $106,000 | 7,681 |
| Total noninterest expense | $2,190,000 | 5,884 |
| Salaries and employee benefits | $1,083,000 | 5,731 |
| Premises and equipment expense | $367,000 | 5,048 |
| Additional noninterest expense | $740,000 | 6,294 |
| Pre-tax net operating income | $195,000 | 11,088 |
| Securities gains (losses) | $21,000 | 4,601 |
| Applicable income taxes | $81,000 | 10,189 |
| Income before extraordinary items | $135,000 | 11,391 |
| Extraordinary gains, net | $134,000 | 1,335 |
| Net income | $269,000 | 9,964 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,000 | 9,293 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $121,560 | 11,349 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,723,000 | 9,489 |
| Total interest expense | $987,000 | 10,450 |
| Net interest income | $1,736,000 | 8,540 |
| Provision for loan and lease losses | $96,000 | 7,391 |
| Total noninterest income | $287,000 | 7,903 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $205,000 | 5,892 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $82,000 | 8,755 |
| Total noninterest expense | $1,804,000 | 6,934 |
| Salaries and employee benefits | $868,000 | 6,819 |
| Premises and equipment expense | $332,000 | 5,574 |
| Additional noninterest expense | $604,000 | 7,475 |
| Pre-tax net operating income | $123,000 | 11,777 |
| Securities gains (losses) | $6,000 | 6,913 |
| Applicable income taxes | $35,000 | 11,656 |
| Income before extraordinary items | $94,000 | 12,010 |
| Extraordinary gains, net | $35,000 | 1,095 |
| Net income | $129,000 | 11,633 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $87,000 | 6,260 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $89,620 | 11,777 |
* 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.