Home > F & M Bank/Central Virginia > Income and Expense
F & M Bank/Central Virginia, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $12,736,000 | 2,672 |
| Total interest expense | $5,871,000 | 2,723 |
| Net interest income | $6,865,000 | 2,608 |
| Provision for loan and lease losses | $645,000 | 1,789 |
| Total noninterest income | $2,114,000 | 1,927 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,271,000 | 1,168 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $843,000 | 2,307 |
| Total noninterest expense | $7,333,000 | 1,957 |
| Salaries and employee benefits | $3,002,000 | 2,506 |
| Premises and equipment expense | $881,000 | 2,415 |
| Additional noninterest expense | $3,450,000 | 1,357 |
| Pre-tax net operating income | $1,001,000 | 4,896 |
| Securities gains (losses) | $1,718,000 | 279 |
| Applicable income taxes | $925,000 | 2,190 |
| Income before extraordinary items | $1,794,000 | 2,793 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,794,000 | 2,794 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $177,000 | 3,083 |
| Cash dividends | $870,000 | 2,498 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $660,120 | 5,239 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $9,768,000 | 3,471 |
| Total interest expense | $4,292,000 | 3,759 |
| Net interest income | $5,476,000 | 3,221 |
| Provision for loan and lease losses | $68,000 | 6,042 |
| Total noninterest income | $1,121,000 | 2,904 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $941,000 | 1,452 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $180,000 | 5,028 |
| Total noninterest expense | $3,670,000 | 3,566 |
| Salaries and employee benefits | $1,750,000 | 3,860 |
| Premises and equipment expense | $482,000 | 3,901 |
| Additional noninterest expense | $1,438,000 | 2,924 |
| Pre-tax net operating income | $2,859,000 | 2,483 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $971,000 | 2,182 |
| Income before extraordinary items | $1,888,000 | 2,696 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $1,888,000 | 2,695 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $10,000 | 6,623 |
| Cash dividends | $1,128,000 | 2,089 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $1,888,000 | 2,696 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $5,952,000 | 4,974 |
| Total interest expense | $2,064,000 | 5,894 |
| Net interest income | $3,888,000 | 4,283 |
| Provision for loan and lease losses | $0 | 8,503 |
| Total noninterest income | $911,000 | 3,321 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $770,000 | 1,718 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $141,000 | 5,751 |
| Total noninterest expense | $2,695,000 | 4,601 |
| Salaries and employee benefits | $1,506,000 | 4,322 |
| Premises and equipment expense | $382,000 | 4,682 |
| Additional noninterest expense | $807,000 | 4,760 |
| Pre-tax net operating income | $2,104,000 | 3,206 |
| Securities gains (losses) | $2,000 | 2,566 |
| Applicable income taxes | $710,000 | 2,879 |
| Income before extraordinary items | $1,396,000 | 3,428 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,396,000 | 3,428 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $14,000 | 6,500 |
| Cash dividends | $1,450,000 | 1,734 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,394,680 | 3,397 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $5,821,000 | 5,117 |
| Total interest expense | $2,164,000 | 5,896 |
| Net interest income | $3,657,000 | 4,426 |
| Provision for loan and lease losses | $5,000 | 8,460 |
| Total noninterest income | $852,000 | 3,456 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $731,000 | 1,743 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $121,000 | 6,194 |
| Total noninterest expense | $2,520,000 | 4,754 |
| Salaries and employee benefits | $1,360,000 | 4,596 |
| Premises and equipment expense | $359,000 | 4,803 |
| Additional noninterest expense | $801,000 | 4,677 |
| Pre-tax net operating income | $1,984,000 | 3,368 |
| Securities gains (losses) | $5,000 | 3,437 |
| Applicable income taxes | $663,000 | 3,151 |
| Income before extraordinary items | $1,326,000 | 3,618 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,326,000 | 3,618 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 7,204 |
| Cash dividends | $1,344,000 | 1,801 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,322,650 | 3,533 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $5,585,000 | 5,345 |
| Total interest expense | $1,981,000 | 6,302 |
| Net interest income | $3,604,000 | 4,632 |
| Provision for loan and lease losses | $125,000 | 4,524 |
| Total noninterest income | $916,000 | 3,269 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $736,000 | 1,762 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $180,000 | 5,208 |
| Total noninterest expense | $2,505,000 | 4,773 |
| Salaries and employee benefits | $1,306,000 | 4,766 |
| Premises and equipment expense | $400,000 | 4,453 |
| Additional noninterest expense | $799,000 | 4,725 |
| Pre-tax net operating income | $1,890,000 | 3,718 |
| Securities gains (losses) | $-10,000 | 10,039 |
| Applicable income taxes | $615,000 | 3,602 |
| Income before extraordinary items | $1,265,000 | 3,883 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,265,000 | 3,882 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $56,000 | 4,933 |
| Cash dividends | $580,000 | 3,169 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,271,700 | 3,802 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $5,235,000 | 5,739 |
| Total interest expense | $1,996,000 | 6,421 |
| Net interest income | $3,239,000 | 5,143 |
| Provision for loan and lease losses | $70,000 | 5,840 |
| Total noninterest income | $852,000 | 3,522 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $721,000 | 1,881 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $131,000 | 6,361 |
| Total noninterest expense | $2,377,000 | 5,216 |
| Salaries and employee benefits | $1,282,000 | 4,903 |
| Premises and equipment expense | $370,000 | 4,833 |
| Additional noninterest expense | $725,000 | 5,603 |
| Pre-tax net operating income | $1,644,000 | 4,042 |
| Securities gains (losses) | $-34,000 | 10,892 |
| Applicable income taxes | $535,000 | 3,931 |
| Income before extraordinary items | $1,075,000 | 4,223 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,075,000 | 4,224 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $52,000 | 5,232 |
| Cash dividends | $520,000 | 3,309 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,097,780 | 4,106 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,010,000 | 5,978 |
| Total interest expense | $1,851,000 | 6,779 |
| Net interest income | $3,159,000 | 5,274 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $820,000 | 3,622 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $645,000 | 2,105 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $175,000 | 5,531 |
| Total noninterest expense | $2,501,000 | 4,993 |
| Salaries and employee benefits | $1,259,000 | 5,003 |
| Premises and equipment expense | $399,000 | 4,552 |
| Additional noninterest expense | $843,000 | 5,031 |
| Pre-tax net operating income | $1,478,000 | 4,511 |
| Securities gains (losses) | $5,000 | 2,809 |
| Applicable income taxes | $481,000 | 4,326 |
| Income before extraordinary items | $1,002,000 | 4,620 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,002,000 | 4,619 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $56,000 | 4,931 |
| Cash dividends | $500,000 | 3,291 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $998,600 | 4,609 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,690,000 | 5,965 |
| Total interest expense | $1,619,000 | 6,554 |
| Net interest income | $3,071,000 | 5,524 |
| Provision for loan and lease losses | $52,000 | 6,028 |
| Total noninterest income | $722,000 | 4,024 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $569,000 | 2,388 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $153,000 | 6,154 |
| Total noninterest expense | $2,400,000 | 5,348 |
| Salaries and employee benefits | $1,176,000 | 5,338 |
| Premises and equipment expense | $374,000 | 4,847 |
| Additional noninterest expense | $850,000 | 5,424 |
| Pre-tax net operating income | $1,341,000 | 4,818 |
| Securities gains (losses) | $50,000 | 1,155 |
| Applicable income taxes | $446,000 | 4,420 |
| Income before extraordinary items | $945,000 | 4,720 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $945,000 | 4,721 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $40,000 | 5,521 |
| Cash dividends | $424,000 | 3,577 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $911,000 | 4,919 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,418,000 | 6,399 |
| Total interest expense | $1,568,000 | 6,988 |
| Net interest income | $2,850,000 | 5,882 |
| Provision for loan and lease losses | $37,000 | 8,073 |
| Total noninterest income | $747,000 | 4,227 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $624,000 | 2,195 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $123,000 | 7,223 |
| Total noninterest expense | $2,393,000 | 5,470 |
| Salaries and employee benefits | $1,202,000 | 5,230 |
| Premises and equipment expense | $410,000 | 4,612 |
| Additional noninterest expense | $781,000 | 6,038 |
| Pre-tax net operating income | $1,167,000 | 5,283 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $361,000 | 5,377 |
| Income before extraordinary items | $806,000 | 5,547 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $806,000 | 5,673 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $43,000 | 6,359 |
| Cash dividends | $336,000 | 4,092 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $806,000 | 5,303 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,667,000 | 6,712 |
| Total interest expense | $1,940,000 | 7,245 |
| Net interest income | $2,727,000 | 6,166 |
| Provision for loan and lease losses | $76,000 | 8,040 |
| Total noninterest income | $647,000 | 4,689 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $523,000 | 2,648 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $124,000 | 7,335 |
| Total noninterest expense | $2,412,000 | 5,467 |
| Salaries and employee benefits | $1,187,000 | 5,219 |
| Premises and equipment expense | $430,000 | 4,531 |
| Additional noninterest expense | $795,000 | 6,097 |
| Pre-tax net operating income | $886,000 | 6,161 |
| Securities gains (losses) | $56,000 | 3,937 |
| Applicable income taxes | $272,000 | 6,338 |
| Income before extraordinary items | $670,000 | 6,105 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $670,000 | 6,170 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $92,000 | 6,122 |
| Cash dividends | $301,000 | 3,974 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $630,240 | 6,012 |
* 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.