Home > Cherry Grove Savings Bank > Income and Expense
Cherry Grove Savings Bank, Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $947,000 | 13,115 |
| Total interest expense | $451,000 | 12,967 |
| Net interest income | $496,000 | 13,099 |
| Provision for loan and lease losses | $30,000 | 9,956 |
| Total noninterest income | $49,000 | 13,130 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $49,000 | 10,461 |
| Total noninterest expense | $242,000 | 13,718 |
| Salaries and employee benefits | $123,000 | 13,706 |
| Premises and equipment expense | $16,000 | 13,750 |
| Additional noninterest expense | $103,000 | 13,497 |
| Pre-tax net operating income | $273,000 | 10,393 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $50,000 | 11,256 |
| Income before extraordinary items | $223,000 | 10,279 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $223,000 | 10,418 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $114,000 | 5,577 |
| Cash dividends | $5,000 | 8,820 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $223,000 | 9,930 |
* 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.