Home > Cornerstone Community Bank > Income and Expense
Cornerstone Community Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $1,229,000 | 10,487 |
| Total interest expense | $448,000 | 10,751 |
| Net interest income | $781,000 | 10,159 |
| Provision for loan and lease losses | $201,000 | 3,389 |
| Total noninterest income | $37,000 | 11,047 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $31,000 | 9,360 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $6,000 | 11,162 |
| Total noninterest expense | $1,262,000 | 7,790 |
| Salaries and employee benefits | $507,000 | 8,829 |
| Premises and equipment expense | $95,000 | 9,426 |
| Additional noninterest expense | $660,000 | 5,976 |
| Pre-tax net operating income | $-645,000 | 11,283 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $-131,000 | 11,210 |
| Income before extraordinary items | $-514,000 | 11,273 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-514,000 | 11,272 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,805 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $5,901,000 | 120 |
| Net operating income | $-514,000 | 11,241 |
* 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.