Home > Cornerstone Bank, FSB > Income and Expense
Cornerstone Bank, FSB, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,330,000 | 7,785 |
| Total interest expense | $1,856,000 | 6,195 |
| Net interest income | $1,474,000 | 9,194 |
| Provision for loan and lease losses | $492,000 | 2,126 |
| Total noninterest income | $78,000 | 11,857 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $78,000 | 8,723 |
| Total noninterest expense | $2,725,000 | 4,890 |
| Salaries and employee benefits | $606,000 | 8,751 |
| Premises and equipment expense | $296,000 | 5,922 |
| Additional noninterest expense | $1,823,000 | 2,956 |
| Pre-tax net operating income | $-1,665,000 | 13,053 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $33,000 | 11,311 |
| Income before extraordinary items | $-1,698,000 | 13,072 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-1,698,000 | 13,072 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $15,000 | 8,132 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $1,000,000 | 463 |
| Net operating income | $-1,698,000 | 13,043 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,329,000 | 7,104 |
| Total interest expense | $2,450,000 | 6,084 |
| Net interest income | $1,879,000 | 8,107 |
| Provision for loan and lease losses | $483,000 | 3,085 |
| Total noninterest income | $-44,000 | 13,900 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $-44,000 | 13,938 |
| Total noninterest expense | $1,828,000 | 6,859 |
| Salaries and employee benefits | $852,000 | 6,921 |
| Premises and equipment expense | $308,000 | 5,860 |
| Additional noninterest expense | $668,000 | 6,974 |
| Pre-tax net operating income | $-476,000 | 13,281 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $-46,000 | 13,499 |
| Income before extraordinary items | $-430,000 | 13,344 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-430,000 | 13,341 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,000 | 10,255 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $2,000 | 1,126 |
| Net operating income | $-430,000 | 13,239 |
* 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.