Home > Commerce Bank of Virginia > Income and Expense
Commerce Bank of Virginia, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $8,318,000 | 3,768 |
| Total interest expense | $3,122,000 | 4,458 |
| Net interest income | $5,196,000 | 3,337 |
| Provision for loan and lease losses | $194,000 | 3,629 |
| Total noninterest income | $789,000 | 3,652 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $474,000 | 2,751 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $315,000 | 3,916 |
| Total noninterest expense | $3,118,000 | 4,081 |
| Salaries and employee benefits | $1,962,000 | 3,507 |
| Premises and equipment expense | $441,000 | 4,194 |
| Additional noninterest expense | $715,000 | 5,172 |
| Pre-tax net operating income | $2,673,000 | 2,648 |
| Securities gains (losses) | $9,000 | 1,806 |
| Applicable income taxes | $815,000 | 2,604 |
| Income before extraordinary items | $1,867,000 | 2,733 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,867,000 | 2,733 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-11,000 | 9,445 |
| Cash dividends | $1,200,000 | 1,962 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,860,700 | 2,703 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $7,586,000 | 4,124 |
| Total interest expense | $2,952,000 | 4,788 |
| Net interest income | $4,634,000 | 3,646 |
| Provision for loan and lease losses | $71,000 | 5,847 |
| Total noninterest income | $668,000 | 4,106 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $398,000 | 3,146 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $270,000 | 4,239 |
| Total noninterest expense | $2,870,000 | 4,285 |
| Salaries and employee benefits | $1,781,000 | 3,702 |
| Premises and equipment expense | $396,000 | 4,453 |
| Additional noninterest expense | $693,000 | 5,204 |
| Pre-tax net operating income | $2,361,000 | 2,930 |
| Securities gains (losses) | $33,000 | 2,048 |
| Applicable income taxes | $753,000 | 2,869 |
| Income before extraordinary items | $1,641,000 | 3,024 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,641,000 | 3,025 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,000 | 7,603 |
| Cash dividends | $577,000 | 3,222 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,618,230 | 2,968 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $6,467,000 | 4,796 |
| Total interest expense | $2,475,000 | 5,455 |
| Net interest income | $3,992,000 | 4,242 |
| Provision for loan and lease losses | $15,000 | 8,110 |
| Total noninterest income | $515,000 | 4,916 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $376,000 | 3,395 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $139,000 | 5,896 |
| Total noninterest expense | $2,408,000 | 4,937 |
| Salaries and employee benefits | $1,489,000 | 4,280 |
| Premises and equipment expense | $399,000 | 4,466 |
| Additional noninterest expense | $520,000 | 6,344 |
| Pre-tax net operating income | $2,084,000 | 3,398 |
| Securities gains (losses) | $-6,000 | 9,765 |
| Applicable income taxes | $679,000 | 3,315 |
| Income before extraordinary items | $1,399,000 | 3,575 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,399,000 | 3,576 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-18,000 | 10,186 |
| Cash dividends | $586,000 | 3,153 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,403,020 | 3,487 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $5,966,000 | 5,208 |
| Total interest expense | $2,345,000 | 5,765 |
| Net interest income | $3,621,000 | 4,690 |
| Provision for loan and lease losses | $40,000 | 6,972 |
| Total noninterest income | $485,000 | 5,273 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $338,000 | 3,867 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $147,000 | 6,025 |
| Total noninterest expense | $2,335,000 | 5,281 |
| Salaries and employee benefits | $1,463,000 | 4,411 |
| Premises and equipment expense | $411,000 | 4,445 |
| Additional noninterest expense | $461,000 | 7,373 |
| Pre-tax net operating income | $1,731,000 | 3,846 |
| Securities gains (losses) | $26,000 | 1,793 |
| Applicable income taxes | $597,000 | 3,605 |
| Income before extraordinary items | $1,160,000 | 3,979 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,160,000 | 3,980 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $6,000 | 7,912 |
| Cash dividends | $185,000 | 5,630 |
| Sale, conversion, retirement of capital stock, net | $187,000 | 588 |
| Net operating income | $1,142,840 | 3,974 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,295,000 | 5,740 |
| Total interest expense | $2,207,000 | 6,070 |
| Net interest income | $3,088,000 | 5,378 |
| Provision for loan and lease losses | $195,000 | 3,070 |
| Total noninterest income | $413,000 | 5,869 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $298,000 | 4,309 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $115,000 | 6,773 |
| Total noninterest expense | $2,200,000 | 5,561 |
| Salaries and employee benefits | $1,279,000 | 4,928 |
| Premises and equipment expense | $351,000 | 5,010 |
| Additional noninterest expense | $570,000 | 6,722 |
| Pre-tax net operating income | $1,106,000 | 5,582 |
| Securities gains (losses) | $-7,000 | 9,876 |
| Applicable income taxes | $368,000 | 5,242 |
| Income before extraordinary items | $731,000 | 5,809 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $731,000 | 5,806 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $96,000 | 3,855 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $1,051,000 | 287 |
| Net operating income | $735,690 | 5,763 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,239,000 | 6,432 |
| Total interest expense | $1,500,000 | 6,889 |
| Net interest income | $2,739,000 | 6,028 |
| Provision for loan and lease losses | $200,000 | 3,000 |
| Total noninterest income | $398,000 | 6,169 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $290,000 | 4,488 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $108,000 | 7,272 |
| Total noninterest expense | $2,223,000 | 5,689 |
| Salaries and employee benefits | $1,187,000 | 5,289 |
| Premises and equipment expense | $450,000 | 4,151 |
| Additional noninterest expense | $586,000 | 7,139 |
| Pre-tax net operating income | $714,000 | 7,316 |
| Securities gains (losses) | $-1,000 | 8,790 |
| Applicable income taxes | $226,000 | 6,926 |
| Income before extraordinary items | $487,000 | 7,410 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $487,000 | 7,415 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $156,000 | 2,902 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $12,000 | 1,070 |
| Net operating income | $487,680 | 7,443 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,539,000 | 7,479 |
| Total interest expense | $1,324,000 | 7,799 |
| Net interest income | $2,215,000 | 7,148 |
| Provision for loan and lease losses | $75,000 | 6,449 |
| Total noninterest income | $235,000 | 8,624 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $203,000 | 5,916 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $32,000 | 11,170 |
| Total noninterest expense | $1,995,000 | 6,349 |
| Salaries and employee benefits | $1,003,000 | 6,120 |
| Premises and equipment expense | $423,000 | 4,485 |
| Additional noninterest expense | $569,000 | 7,604 |
| Pre-tax net operating income | $381,000 | 9,569 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $103,000 | 9,654 |
| Income before extraordinary items | $278,000 | 9,714 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $278,000 | 9,862 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $46,000 | 6,216 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $12,000 | 1,125 |
| Net operating income | $278,000 | 9,453 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,253,000 | 8,554 |
| Total interest expense | $1,344,000 | 9,061 |
| Net interest income | $1,909,000 | 8,009 |
| Provision for loan and lease losses | $127,000 | 6,563 |
| Total noninterest income | $199,000 | 9,438 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $164,000 | 6,757 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $35,000 | 11,401 |
| Total noninterest expense | $1,524,000 | 7,828 |
| Salaries and employee benefits | $762,000 | 7,525 |
| Premises and equipment expense | $278,000 | 6,313 |
| Additional noninterest expense | $484,000 | 8,610 |
| Pre-tax net operating income | $457,000 | 8,734 |
| Securities gains (losses) | $5,000 | 7,049 |
| Applicable income taxes | $137,000 | 8,960 |
| Income before extraordinary items | $325,000 | 8,990 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $325,000 | 9,136 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $107,000 | 5,743 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $34,000 | 972 |
| Net operating income | $321,500 | 8,662 |
* 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.