Home > Cherokee Valley Federal Savings Association > Income and Expense
Cherokee Valley Federal Savings Association, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,663,000 | 5,202 |
| Total interest expense | $3,172,000 | 3,930 |
| Net interest income | $2,491,000 | 6,565 |
| Provision for loan and lease losses | $-162,000 | 13,001 |
| Total noninterest income | $1,461,000 | 2,493 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,461,000 | 1,585 |
| Total noninterest expense | $3,947,000 | 3,535 |
| Salaries and employee benefits | $1,298,000 | 4,890 |
| Premises and equipment expense | $804,000 | 2,547 |
| Additional noninterest expense | $1,845,000 | 2,922 |
| Pre-tax net operating income | $167,000 | 11,340 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $167,000 | 11,006 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $167,000 | 11,098 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $356,000 | 2,217 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $167,000 | 10,806 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,505,000 | 6,891 |
| Total interest expense | $3,211,000 | 4,878 |
| Net interest income | $1,294,000 | 9,996 |
| Provision for loan and lease losses | $138,000 | 6,347 |
| Total noninterest income | $988,000 | 3,353 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $988,000 | 2,024 |
| Total noninterest expense | $3,754,000 | 3,696 |
| Salaries and employee benefits | $693,000 | 8,045 |
| Premises and equipment expense | $480,000 | 4,121 |
| Additional noninterest expense | $2,581,000 | 2,262 |
| Pre-tax net operating income | $-1,610,000 | 13,588 |
| Securities gains (losses) | $173,000 | 2,228 |
| Applicable income taxes | $9,000 | 12,400 |
| Income before extraordinary items | $-1,446,000 | 13,614 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-1,446,000 | 13,607 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $709,000 | 1,956 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $-2,161,000 | 13,890 |
| Net operating income | $-1,619,000 | 13,581 |
* 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.