Home > Cumberland National Bank > Income and Expense

Cumberland National Bank, Income and Expense

2003-06-30 (YTD Data)Rank
Total interest income$1,692,0006,253
Total interest expense$968,0004,349
Net interest income$724,0007,512
Provision for loan and lease losses$50,0005,111
Total noninterest income$62,0008,111
Gross Fiduciary activities income$01,577
Service charges on deposit accounts$49,0006,621
Trading account gains and fees$0150
Additional Noninterest Income$13,0008,275
Total noninterest expense$1,174,0005,400
Salaries and employee benefits$652,0005,346
Premises and equipment expense$133,0005,992
Additional noninterest expense$389,0005,107
Pre-tax net operating income$-438,0009,044
Securities gains (losses)$1,0003,586
Applicable income taxes$-132,0009,158
Income before extraordinary items$-305,0009,069
Extraordinary gains, net$030
Net income$-305,0009,068
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$383,0001,024
Cash dividends$05,215
Sale, conversion, retirement of capital stock, net$0589
Net operating income$-305,7009,003
2003-03-31 (YTD Data)Rank
Total interest income$845,0006,290
Total interest expense$514,0004,255
Net interest income$331,0007,724
Provision for loan and lease losses$20,0005,233
Total noninterest income$31,0008,103
Gross Fiduciary activities income$01,504
Service charges on deposit accounts$25,0006,543
Trading account gains and fees$0134
Additional Noninterest Income$6,0008,357
Total noninterest expense$584,0005,428
Salaries and employee benefits$322,0005,395
Premises and equipment expense$68,0005,942
Additional noninterest expense$194,0005,069
Pre-tax net operating income$-242,0009,118
Securities gains (losses)$1,0002,714
Applicable income taxes$-89,0009,216
Income before extraordinary items$-152,0009,099
Extraordinary gains, net$021
Net income$-152,0009,096
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$200,000949
Cash dividends$03,930
Sale, conversion, retirement of capital stock, net$0419
Net operating income$-152,6409,036
2002-12-31 (YTD Data)Rank
Total interest income$4,029,0005,878
Total interest expense$2,338,0004,312
Net interest income$1,691,0007,126
Provision for loan and lease losses$812,0001,607
Total noninterest income$171,0007,604
Gross Fiduciary activities income$01,713
Service charges on deposit accounts$124,0006,185
Trading account gains and fees$0153
Additional Noninterest Income$47,0007,677
Total noninterest expense$2,149,0005,608
Salaries and employee benefits$1,034,0006,006
Premises and equipment expense$268,0005,914
Additional noninterest expense$847,0004,739
Pre-tax net operating income$-1,099,0009,145
Securities gains (losses)$7,0003,799
Applicable income taxes$-69,0009,027
Income before extraordinary items$-1,023,0009,185
Extraordinary gains, net$070
Net income$-1,023,0009,184
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,248,000792
Cash dividends$06,377
Sale, conversion, retirement of capital stock, net$0862
Net operating income$-1,029,5809,151
2001-12-31 (YTD Data)Rank
Total interest income$4,179,0006,216
Total interest expense$2,289,0005,685
Net interest income$1,890,0006,616
Provision for loan and lease losses$3,187,000495
Total noninterest income$173,0007,596
Gross Fiduciary activities income$01,731
Service charges on deposit accounts$140,0005,943
Trading account gains and fees$0177
Additional Noninterest Income$33,0008,253
Total noninterest expense$1,580,0006,619
Salaries and employee benefits$628,0007,542
Premises and equipment expense$266,0005,897
Additional noninterest expense$686,0005,362
Pre-tax net operating income$-2,704,0009,522
Securities gains (losses)$04,612
Applicable income taxes$-1,007,0009,549
Income before extraordinary items$-1,697,0009,500
Extraordinary gains, net$0105
Net income$-1,697,0009,499
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,607,000673
Cash dividends$06,617
Sale, conversion, retirement of capital stock, net$0922
Net operating income$-1,697,0009,474
2000-12-31 (YTD Data)Rank
Total interest income$2,182,0008,246
Total interest expense$1,134,0007,939
Net interest income$1,048,0008,390
Provision for loan and lease losses$225,0003,486
Total noninterest income$161,0007,734
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$90,0006,762
Trading account gains and feesNANA
Additional Noninterest Income$71,0007,155
Total noninterest expense$1,130,0007,665
Salaries and employee benefits$505,0008,215
Premises and equipment expense$245,0006,127
Additional noninterest expense$380,0007,315
Pre-tax net operating income$-146,0009,289
Securities gains (losses)$01,956
Applicable income taxes$1,0008,314
Income before extraordinary items$-147,0009,317
Extraordinary gains, net$038
Net income$-147,0009,316
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$11,0006,551
Cash dividends$06,853
Sale, conversion, retirement of capital stock, net$0969
Net operating income$-147,0009,315
1999-12-31 (YTD Data)Rank
Total interest income$140,00010,155
Total interest expense$60,00010,093
Net interest income$80,00010,176
Provision for loan and lease losses$75,0005,766
Total noninterest income$7,00010,085
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$6,0008,746
Trading account gains and feesNANA
Additional Noninterest Income$1,00010,109
Total noninterest expense$646,0009,179
Salaries and employee benefits$124,00010,100
Premises and equipment expense$72,0009,182
Additional noninterest expense$450,0006,899
Pre-tax net operating income$-634,0009,936
Securities gains (losses)$03,155
Applicable income taxes$08,765
Income before extraordinary items$-634,0009,975
Extraordinary gains, net$035
Net income$-634,0009,973
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,897
Cash dividends$07,131
Sale, conversion, retirement of capital stock, net$4,000,000298
Net operating income$-634,0009,959

* 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.