Home > Cabarrus Bank of North Carolina > Income and Expense
Cabarrus Bank of North Carolina, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $12,820,000 | 2,558 |
| Total interest expense | $5,565,000 | 2,653 |
| Net interest income | $7,255,000 | 2,437 |
| Provision for loan and lease losses | $500,000 | 1,756 |
| Total noninterest income | $1,358,000 | 2,458 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $1,011,000 | 1,299 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $347,000 | 3,709 |
| Total noninterest expense | $5,321,000 | 2,547 |
| Salaries and employee benefits | $2,678,000 | 2,642 |
| Premises and equipment expense | $813,000 | 2,496 |
| Additional noninterest expense | $1,830,000 | 2,383 |
| Pre-tax net operating income | $2,792,000 | 2,554 |
| Securities gains (losses) | $-40,000 | 9,743 |
| Applicable income taxes | $808,000 | 2,619 |
| Income before extraordinary items | $1,944,000 | 2,652 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,944,000 | 2,652 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $354,000 | 1,599 |
| Cash dividends | $360,000 | 4,146 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,972,400 | 2,589 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $12,084,000 | 2,692 |
| Total interest expense | $5,641,000 | 2,683 |
| Net interest income | $6,443,000 | 2,663 |
| Provision for loan and lease losses | $472,000 | 1,806 |
| Total noninterest income | $1,265,000 | 2,574 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $972,000 | 1,287 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $293,000 | 4,089 |
| Total noninterest expense | $4,752,000 | 2,738 |
| Salaries and employee benefits | $2,284,000 | 2,952 |
| Premises and equipment expense | $761,000 | 2,559 |
| Additional noninterest expense | $1,707,000 | 2,441 |
| Pre-tax net operating income | $2,484,000 | 2,805 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $762,000 | 2,847 |
| Income before extraordinary items | $1,722,000 | 2,899 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,722,000 | 2,900 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $139,000 | 3,049 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,722,000 | 2,812 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $10,184,000 | 3,184 |
| Total interest expense | $5,146,000 | 2,905 |
| Net interest income | $5,038,000 | 3,461 |
| Provision for loan and lease losses | $202,000 | 3,414 |
| Total noninterest income | $1,123,000 | 2,779 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $786,000 | 1,651 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $337,000 | 3,669 |
| Total noninterest expense | $4,064,000 | 3,126 |
| Salaries and employee benefits | $2,027,000 | 3,264 |
| Premises and equipment expense | $645,000 | 2,958 |
| Additional noninterest expense | $1,392,000 | 2,931 |
| Pre-tax net operating income | $1,895,000 | 3,712 |
| Securities gains (losses) | $3,000 | 3,097 |
| Applicable income taxes | $554,000 | 3,918 |
| Income before extraordinary items | $1,344,000 | 3,692 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,344,000 | 3,692 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $62,000 | 4,755 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,341,870 | 3,622 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $8,056,000 | 4,012 |
| Total interest expense | $4,206,000 | 3,541 |
| Net interest income | $3,850,000 | 4,472 |
| Provision for loan and lease losses | $275,000 | 2,762 |
| Total noninterest income | $1,063,000 | 2,982 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $658,000 | 2,052 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $405,000 | 3,381 |
| Total noninterest expense | $3,723,000 | 3,565 |
| Salaries and employee benefits | $1,611,000 | 4,037 |
| Premises and equipment expense | $500,000 | 3,782 |
| Additional noninterest expense | $1,612,000 | 2,941 |
| Pre-tax net operating income | $915,000 | 6,034 |
| Securities gains (losses) | $-1,000 | 9,274 |
| Applicable income taxes | $284,000 | 6,018 |
| Income before extraordinary items | $630,000 | 6,094 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $630,000 | 6,096 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $50,000 | 5,304 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $630,690 | 6,036 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $7,203,000 | 4,440 |
| Total interest expense | $3,925,000 | 3,744 |
| Net interest income | $3,278,000 | 5,132 |
| Provision for loan and lease losses | $230,000 | 2,756 |
| Total noninterest income | $756,000 | 3,846 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $498,000 | 2,737 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $258,000 | 4,394 |
| Total noninterest expense | $3,102,000 | 4,163 |
| Salaries and employee benefits | $1,539,000 | 4,193 |
| Premises and equipment expense | $439,000 | 4,194 |
| Additional noninterest expense | $1,124,000 | 3,959 |
| Pre-tax net operating income | $702,000 | 7,320 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $227,000 | 6,996 |
| Income before extraordinary items | $475,000 | 7,442 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $475,000 | 7,443 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $204,000 | 2,468 |
| Cash dividends | $37,000 | 8,051 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $475,000 | 7,406 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,965,000 | 4,889 |
| Total interest expense | $3,060,000 | 3,892 |
| Net interest income | $2,905,000 | 5,736 |
| Provision for loan and lease losses | $275,000 | 2,418 |
| Total noninterest income | $669,000 | 4,270 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $425,000 | 3,198 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $244,000 | 4,661 |
| Total noninterest expense | $2,749,000 | 4,764 |
| Salaries and employee benefits | $1,343,000 | 4,745 |
| Premises and equipment expense | $395,000 | 4,630 |
| Additional noninterest expense | $1,011,000 | 4,669 |
| Pre-tax net operating income | $550,000 | 8,308 |
| Securities gains (losses) | $-2,000 | 9,023 |
| Applicable income taxes | $164,000 | 8,039 |
| Income before extraordinary items | $384,000 | 8,317 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $384,000 | 8,324 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $31,000 | 5,921 |
| Cash dividends | $160,000 | 5,924 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $385,400 | 8,365 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,126,000 | 4,860 |
| Total interest expense | $3,304,000 | 3,779 |
| Net interest income | $2,822,000 | 5,938 |
| Provision for loan and lease losses | $310,000 | 2,913 |
| Total noninterest income | $641,000 | 4,734 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $248,000 | 5,152 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $393,000 | 3,792 |
| Total noninterest expense | $3,128,000 | 4,351 |
| Salaries and employee benefits | $1,391,000 | 4,580 |
| Premises and equipment expense | $327,000 | 5,499 |
| Additional noninterest expense | $1,410,000 | 3,682 |
| Pre-tax net operating income | $25,000 | 12,292 |
| Securities gains (losses) | $-1,000 | 12,247 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $24,000 | 12,403 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $24,000 | 12,427 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $334,000 | 2,305 |
| Cash dividends | $169,000 | 5,845 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $25,000 | 12,266 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $8,038,000 | 4,273 |
| Total interest expense | $4,439,000 | 3,694 |
| Net interest income | $3,599,000 | 4,886 |
| Provision for loan and lease losses | $354,000 | 3,754 |
| Total noninterest income | $714,000 | 4,341 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $202,000 | 5,955 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $512,000 | 3,136 |
| Total noninterest expense | $2,903,000 | 4,668 |
| Salaries and employee benefits | $1,253,000 | 4,970 |
| Premises and equipment expense | $302,000 | 5,941 |
| Additional noninterest expense | $1,348,000 | 3,923 |
| Pre-tax net operating income | $1,056,000 | 5,421 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $977,000 | 2,151 |
| Income before extraordinary items | $79,000 | 12,232 |
| Extraordinary gains, net | $-137,000 | 13,691 |
| Net income | $-58,000 | 12,998 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $250,000 | 3,718 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $79,000 | 11,938 |
* 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.