Home > F & M Bank > Income and Expense
F & M Bank, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $10,676,000 | 3,023 |
| Total interest expense | $4,912,000 | 2,977 |
| Net interest income | $5,764,000 | 3,030 |
| Provision for loan and lease losses | $542,000 | 1,656 |
| Total noninterest income | $1,081,000 | 2,920 |
| Gross Fiduciary activities income | $416,000 | 691 |
| Service charges on deposit accounts | $255,000 | 4,470 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $410,000 | 3,362 |
| Total noninterest expense | $3,522,000 | 3,691 |
| Salaries and employee benefits | $1,851,000 | 3,661 |
| Premises and equipment expense | $283,000 | 5,641 |
| Additional noninterest expense | $1,388,000 | 3,059 |
| Pre-tax net operating income | $2,781,000 | 2,562 |
| Securities gains (losses) | $-67,000 | 9,866 |
| Applicable income taxes | $834,000 | 2,553 |
| Income before extraordinary items | $1,880,000 | 2,714 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,880,000 | 2,714 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $337,000 | 1,657 |
| Cash dividends | $1,500,000 | 1,672 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,926,230 | 2,634 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $10,318,000 | 3,139 |
| Total interest expense | $4,835,000 | 3,096 |
| Net interest income | $5,483,000 | 3,129 |
| Provision for loan and lease losses | $235,000 | 3,172 |
| Total noninterest income | $817,000 | 3,572 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $249,000 | 4,506 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $568,000 | 2,740 |
| Total noninterest expense | $3,030,000 | 4,079 |
| Salaries and employee benefits | $1,636,000 | 3,967 |
| Premises and equipment expense | $299,000 | 5,389 |
| Additional noninterest expense | $1,095,000 | 3,641 |
| Pre-tax net operating income | $3,035,000 | 2,343 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $966,000 | 2,368 |
| Income before extraordinary items | $2,069,000 | 2,478 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $2,069,000 | 2,477 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $95,000 | 3,732 |
| Cash dividends | $900,000 | 2,389 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $2,069,000 | 2,398 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $9,963,000 | 3,245 |
| Total interest expense | $4,703,000 | 3,157 |
| Net interest income | $5,260,000 | 3,314 |
| Provision for loan and lease losses | $354,000 | 2,310 |
| Total noninterest income | $869,000 | 3,377 |
| Gross Fiduciary activities income | $177,000 | 928 |
| Service charges on deposit accounts | $258,000 | 4,550 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $434,000 | 3,116 |
| Total noninterest expense | $3,217,000 | 3,879 |
| Salaries and employee benefits | $1,832,000 | 3,576 |
| Premises and equipment expense | $305,000 | 5,408 |
| Additional noninterest expense | $1,080,000 | 3,645 |
| Pre-tax net operating income | $2,558,000 | 2,856 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $753,000 | 3,064 |
| Income before extraordinary items | $1,805,000 | 2,821 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,805,000 | 2,820 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $215,000 | 2,431 |
| Cash dividends | $600,000 | 3,054 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,805,000 | 2,773 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $8,768,000 | 3,696 |
| Total interest expense | $3,990,000 | 3,720 |
| Net interest income | $4,778,000 | 3,696 |
| Provision for loan and lease losses | $228,000 | 3,133 |
| Total noninterest income | $560,000 | 4,776 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $246,000 | 4,884 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $314,000 | 3,969 |
| Total noninterest expense | $2,810,000 | 4,541 |
| Salaries and employee benefits | $1,476,000 | 4,380 |
| Premises and equipment expense | $292,000 | 5,694 |
| Additional noninterest expense | $1,042,000 | 4,266 |
| Pre-tax net operating income | $2,300,000 | 3,036 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $662,000 | 3,314 |
| Income before extraordinary items | $1,638,000 | 2,941 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,638,000 | 2,942 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $256,000 | 2,311 |
| Cash dividends | $1,200,000 | 1,863 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,638,000 | 2,902 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $8,969,000 | 3,631 |
| Total interest expense | $4,337,000 | 3,441 |
| Net interest income | $4,632,000 | 3,793 |
| Provision for loan and lease losses | $108,000 | 4,448 |
| Total noninterest income | $381,000 | 6,163 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $202,000 | 5,657 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $179,000 | 5,456 |
| Total noninterest expense | $2,523,000 | 4,956 |
| Salaries and employee benefits | $1,219,000 | 5,151 |
| Premises and equipment expense | $280,000 | 5,928 |
| Additional noninterest expense | $1,024,000 | 4,268 |
| Pre-tax net operating income | $2,382,000 | 2,985 |
| Securities gains (losses) | $2,000 | 3,270 |
| Applicable income taxes | $724,000 | 3,149 |
| Income before extraordinary items | $1,660,000 | 2,964 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,660,000 | 2,961 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $15,000 | 7,018 |
| Cash dividends | $1,750,000 | 1,347 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,658,600 | 2,931 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $8,460,000 | 3,543 |
| Total interest expense | $3,711,000 | 3,289 |
| Net interest income | $4,749,000 | 3,734 |
| Provision for loan and lease losses | $203,000 | 2,987 |
| Total noninterest income | $348,000 | 6,693 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $192,000 | 6,029 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $156,000 | 6,096 |
| Total noninterest expense | $2,928,000 | 4,509 |
| Salaries and employee benefits | $1,380,000 | 4,631 |
| Premises and equipment expense | $337,000 | 5,213 |
| Additional noninterest expense | $1,211,000 | 4,026 |
| Pre-tax net operating income | $1,966,000 | 3,483 |
| Securities gains (losses) | $1,000 | 3,293 |
| Applicable income taxes | $560,000 | 3,712 |
| Income before extraordinary items | $1,407,000 | 3,355 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,407,000 | 3,368 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $44,000 | 5,355 |
| Cash dividends | $1,000,000 | 1,879 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,406,280 | 3,381 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $7,025,000 | 4,299 |
| Total interest expense | $2,988,000 | 4,129 |
| Net interest income | $4,037,000 | 4,361 |
| Provision for loan and lease losses | $197,000 | 3,966 |
| Total noninterest income | $374,000 | 6,756 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $183,000 | 6,318 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $191,000 | 5,807 |
| Total noninterest expense | $2,405,000 | 5,435 |
| Salaries and employee benefits | $1,203,000 | 5,224 |
| Premises and equipment expense | $332,000 | 5,430 |
| Additional noninterest expense | $870,000 | 5,522 |
| Pre-tax net operating income | $1,809,000 | 3,660 |
| Securities gains (losses) | $55,000 | 3,253 |
| Applicable income taxes | $487,000 | 4,283 |
| Income before extraordinary items | $1,377,000 | 3,507 |
| Extraordinary gains, net | $191,000 | 1,048 |
| Net income | $1,568,000 | 3,197 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $34,000 | 6,815 |
| Cash dividends | $450,000 | 3,356 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,336,300 | 3,422 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,975,000 | 4,839 |
| Total interest expense | $3,417,000 | 4,632 |
| Net interest income | $3,558,000 | 4,935 |
| Provision for loan and lease losses | $230,000 | 4,844 |
| Total noninterest income | $292,000 | 7,835 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $177,000 | 6,460 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $115,000 | 7,597 |
| Total noninterest expense | $1,956,000 | 6,491 |
| Salaries and employee benefits | $878,000 | 6,747 |
| Premises and equipment expense | $280,000 | 6,282 |
| Additional noninterest expense | $798,000 | 6,083 |
| Pre-tax net operating income | $1,664,000 | 3,690 |
| Securities gains (losses) | $30,000 | 4,989 |
| Applicable income taxes | $411,000 | 4,684 |
| Income before extraordinary items | $1,283,000 | 3,584 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,283,000 | 3,625 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $122,000 | 5,395 |
| Cash dividends | $600,000 | 2,382 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,260,200 | 3,373 |
* 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.