Home > F&M Bank- Atlantic > Income and Expense
F&M Bank- Atlantic, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $29,332,000 | 1,158 |
| Total interest expense | $15,357,000 | 1,051 |
| Net interest income | $13,975,000 | 1,271 |
| Provision for loan and lease losses | $5,210,000 | 349 |
| Total noninterest income | $2,155,000 | 1,902 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,610,000 | 916 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $545,000 | 2,990 |
| Total noninterest expense | $13,395,000 | 1,102 |
| Salaries and employee benefits | $6,933,000 | 1,074 |
| Premises and equipment expense | $3,275,000 | 659 |
| Additional noninterest expense | $3,187,000 | 1,464 |
| Pre-tax net operating income | $-2,475,000 | 9,518 |
| Securities gains (losses) | $1,659,000 | 286 |
| Applicable income taxes | $-693,000 | 9,527 |
| Income before extraordinary items | $-123,000 | 8,978 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $-123,000 | 8,978 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,043,000 | 563 |
| Cash dividends | $2,600,000 | 1,036 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $-1,184,760 | 9,418 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $30,861,000 | 1,139 |
| Total interest expense | $13,782,000 | 1,266 |
| Net interest income | $17,079,000 | 1,031 |
| Provision for loan and lease losses | $1,009,000 | 1,050 |
| Total noninterest income | $2,183,000 | 1,763 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $1,678,000 | 807 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $505,000 | 2,929 |
| Total noninterest expense | $11,389,000 | 1,221 |
| Salaries and employee benefits | $5,867,000 | 1,208 |
| Premises and equipment expense | $2,121,000 | 942 |
| Additional noninterest expense | $3,401,000 | 1,335 |
| Pre-tax net operating income | $6,864,000 | 1,106 |
| Securities gains (losses) | $14,000 | 1,057 |
| Applicable income taxes | $1,894,000 | 1,225 |
| Income before extraordinary items | $4,984,000 | 1,073 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $4,984,000 | 1,072 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $700,000 | 962 |
| Cash dividends | $1,614,000 | 1,571 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $4,973,920 | 1,074 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $16,810,000 | 1,938 |
| Total interest expense | $7,193,000 | 2,075 |
| Net interest income | $9,617,000 | 1,817 |
| Provision for loan and lease losses | $420,000 | 2,015 |
| Total noninterest income | $1,111,000 | 2,865 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $820,000 | 1,619 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $291,000 | 4,085 |
| Total noninterest expense | $6,828,000 | 1,999 |
| Salaries and employee benefits | $3,267,000 | 2,151 |
| Premises and equipment expense | $1,423,000 | 1,436 |
| Additional noninterest expense | $2,138,000 | 2,037 |
| Pre-tax net operating income | $3,480,000 | 2,108 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $1,075,000 | 2,101 |
| Income before extraordinary items | $2,405,000 | 2,182 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $2,405,000 | 2,183 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $288,000 | 1,873 |
| Cash dividends | $634,000 | 3,049 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $2,405,000 | 2,148 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $15,055,000 | 2,165 |
| Total interest expense | $6,465,000 | 2,328 |
| Net interest income | $8,590,000 | 1,989 |
| Provision for loan and lease losses | $391,000 | 2,105 |
| Total noninterest income | $981,000 | 3,128 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $691,000 | 1,852 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $290,000 | 4,108 |
| Total noninterest expense | $6,490,000 | 2,018 |
| Salaries and employee benefits | $3,409,000 | 1,957 |
| Premises and equipment expense | $1,102,000 | 1,789 |
| Additional noninterest expense | $1,979,000 | 2,127 |
| Pre-tax net operating income | $2,690,000 | 2,620 |
| Securities gains (losses) | $1,000 | 4,151 |
| Applicable income taxes | $828,000 | 2,666 |
| Income before extraordinary items | $1,863,000 | 2,723 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,863,000 | 2,724 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $334,000 | 1,720 |
| Cash dividends | $748,000 | 2,744 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,862,310 | 2,650 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $12,870,000 | 2,554 |
| Total interest expense | $5,317,000 | 2,814 |
| Net interest income | $7,553,000 | 2,322 |
| Provision for loan and lease losses | $347,000 | 2,345 |
| Total noninterest income | $837,000 | 3,465 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $618,000 | 2,122 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $219,000 | 4,734 |
| Total noninterest expense | $5,509,000 | 2,351 |
| Salaries and employee benefits | $2,826,000 | 2,350 |
| Premises and equipment expense | $723,000 | 2,658 |
| Additional noninterest expense | $1,960,000 | 2,139 |
| Pre-tax net operating income | $2,534,000 | 2,876 |
| Securities gains (losses) | $13,000 | 2,177 |
| Applicable income taxes | $666,000 | 3,389 |
| Income before extraordinary items | $1,881,000 | 2,726 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,881,000 | 2,725 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $135,000 | 3,222 |
| Cash dividends | $547,000 | 3,291 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,871,380 | 2,681 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $10,651,000 | 3,086 |
| Total interest expense | $4,360,000 | 3,418 |
| Net interest income | $6,291,000 | 2,808 |
| Provision for loan and lease losses | $380,000 | 2,169 |
| Total noninterest income | $626,000 | 4,440 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $480,000 | 2,822 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $146,000 | 6,047 |
| Total noninterest expense | $4,165,000 | 3,225 |
| Salaries and employee benefits | $2,154,000 | 3,098 |
| Premises and equipment expense | $602,000 | 3,201 |
| Additional noninterest expense | $1,409,000 | 3,292 |
| Pre-tax net operating income | $2,372,000 | 2,931 |
| Securities gains (losses) | $-2,000 | 9,485 |
| Applicable income taxes | $813,000 | 2,805 |
| Income before extraordinary items | $1,557,000 | 3,088 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,557,000 | 3,090 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $134,000 | 3,379 |
| Cash dividends | $236,000 | 5,109 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,558,320 | 3,048 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $8,224,000 | 3,912 |
| Total interest expense | $3,469,000 | 4,188 |
| Net interest income | $4,755,000 | 3,694 |
| Provision for loan and lease losses | $288,000 | 2,355 |
| Total noninterest income | $478,000 | 5,346 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $389,000 | 3,446 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $89,000 | 7,598 |
| Total noninterest expense | $3,495,000 | 3,754 |
| Salaries and employee benefits | $1,843,000 | 3,570 |
| Premises and equipment expense | $481,000 | 3,880 |
| Additional noninterest expense | $1,171,000 | 3,820 |
| Pre-tax net operating income | $1,450,000 | 4,582 |
| Securities gains (losses) | $-1,000 | 9,017 |
| Applicable income taxes | $425,000 | 4,737 |
| Income before extraordinary items | $1,024,000 | 4,508 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,024,000 | 4,506 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $135,000 | 3,152 |
| Cash dividends | $113,000 | 6,589 |
| Sale, conversion, retirement of capital stock, net | $4,336,000 | 113 |
| Net operating income | $1,024,710 | 4,490 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,651,000 | 5,127 |
| Total interest expense | $2,120,000 | 5,335 |
| Net interest income | $3,531,000 | 4,906 |
| Provision for loan and lease losses | $258,000 | 2,528 |
| Total noninterest income | $358,000 | 6,578 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $288,000 | 4,516 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $70,000 | 8,653 |
| Total noninterest expense | $2,481,000 | 5,191 |
| Salaries and employee benefits | $1,304,000 | 4,863 |
| Premises and equipment expense | $309,000 | 5,586 |
| Additional noninterest expense | $868,000 | 5,343 |
| Pre-tax net operating income | $1,150,000 | 5,394 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $398,000 | 4,788 |
| Income before extraordinary items | $752,000 | 5,602 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $752,000 | 5,619 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 6,088 |
| Cash dividends | $101,000 | 6,826 |
| Sale, conversion, retirement of capital stock, net | $1,052,000 | 415 |
| Net operating income | $752,000 | 5,672 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,829,000 | 7,082 |
| Total interest expense | $1,624,000 | 6,816 |
| Net interest income | $2,205,000 | 7,175 |
| Provision for loan and lease losses | $255,000 | 3,336 |
| Total noninterest income | $256,000 | 8,275 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $227,000 | 5,475 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $29,000 | 11,374 |
| Total noninterest expense | $1,838,000 | 6,787 |
| Salaries and employee benefits | $980,000 | 6,242 |
| Premises and equipment expense | $216,000 | 7,372 |
| Additional noninterest expense | $642,000 | 6,996 |
| Pre-tax net operating income | $368,000 | 9,665 |
| Securities gains (losses) | $34,000 | 3,940 |
| Applicable income taxes | $66,000 | 10,572 |
| Income before extraordinary items | $336,000 | 9,075 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $336,000 | 9,245 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $36,000 | 6,716 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $307,440 | 9,137 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,930,000 | 9,109 |
| Total interest expense | $1,539,000 | 8,395 |
| Net interest income | $1,391,000 | 9,654 |
| Provision for loan and lease losses | $122,000 | 6,674 |
| Total noninterest income | $200,000 | 9,415 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $171,000 | 6,588 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $29,000 | 11,840 |
| Total noninterest expense | $1,246,000 | 8,861 |
| Salaries and employee benefits | $624,000 | 8,606 |
| Premises and equipment expense | $244,000 | 6,904 |
| Additional noninterest expense | $378,000 | 9,840 |
| Pre-tax net operating income | $223,000 | 10,855 |
| Securities gains (losses) | $2,000 | 7,695 |
| Applicable income taxes | $12,000 | 12,318 |
| Income before extraordinary items | $213,000 | 10,424 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $213,000 | 10,559 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $46,000 | 7,730 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $2,700,000 | 262 |
| Net operating income | $211,100 | 10,097 |
* 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.