Home > F&M Bank - Highlands > Income and Expense
F&M Bank - Highlands, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $12,122,000 | 2,794 |
| Total interest expense | $6,640,000 | 2,420 |
| Net interest income | $5,482,000 | 3,186 |
| Provision for loan and lease losses | $1,266,000 | 1,040 |
| Total noninterest income | $715,000 | 4,133 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $443,000 | 3,136 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $272,000 | 4,321 |
| Total noninterest expense | $3,078,000 | 4,247 |
| Salaries and employee benefits | $1,196,000 | 5,338 |
| Premises and equipment expense | $794,000 | 2,652 |
| Additional noninterest expense | $1,088,000 | 3,795 |
| Pre-tax net operating income | $1,853,000 | 3,357 |
| Securities gains (losses) | $256,000 | 1,004 |
| Applicable income taxes | $595,000 | 2,986 |
| Income before extraordinary items | $1,514,000 | 3,199 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,514,000 | 3,204 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $232,000 | 2,622 |
| Cash dividends | $1,090,000 | 2,100 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $1,329,680 | 3,437 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $12,172,000 | 2,865 |
| Total interest expense | $6,111,000 | 2,738 |
| Net interest income | $6,061,000 | 2,907 |
| Provision for loan and lease losses | $84,000 | 5,667 |
| Total noninterest income | $602,000 | 4,401 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $414,000 | 3,153 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $188,000 | 4,929 |
| Total noninterest expense | $2,630,000 | 4,686 |
| Salaries and employee benefits | $1,317,000 | 4,861 |
| Premises and equipment expense | $283,000 | 5,614 |
| Additional noninterest expense | $1,030,000 | 3,901 |
| Pre-tax net operating income | $3,949,000 | 1,850 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $1,252,000 | 1,768 |
| Income before extraordinary items | $2,697,000 | 1,935 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $2,697,000 | 1,935 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $83,000 | 3,894 |
| Cash dividends | $2,479,000 | 1,138 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $2,697,000 | 1,937 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $11,509,000 | 2,808 |
| Total interest expense | $5,606,000 | 2,628 |
| Net interest income | $5,903,000 | 2,970 |
| Provision for loan and lease losses | $400,000 | 2,102 |
| Total noninterest income | $454,000 | 5,258 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $370,000 | 3,414 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $84,000 | 7,038 |
| Total noninterest expense | $3,548,000 | 3,669 |
| Salaries and employee benefits | $1,531,000 | 4,267 |
| Premises and equipment expense | $321,000 | 5,267 |
| Additional noninterest expense | $1,696,000 | 2,548 |
| Pre-tax net operating income | $2,409,000 | 2,878 |
| Securities gains (losses) | $6,000 | 2,044 |
| Applicable income taxes | $698,000 | 2,903 |
| Income before extraordinary items | $1,717,000 | 2,916 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,717,000 | 2,917 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $82,000 | 3,925 |
| Cash dividends | $1,184,000 | 2,012 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,712,740 | 2,890 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $11,312,000 | 2,851 |
| Total interest expense | $5,733,000 | 2,645 |
| Net interest income | $5,579,000 | 3,081 |
| Provision for loan and lease losses | $0 | 8,652 |
| Total noninterest income | $501,000 | 4,926 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $407,000 | 3,087 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $94,000 | 6,772 |
| Total noninterest expense | $2,495,000 | 4,788 |
| Salaries and employee benefits | $1,392,000 | 4,517 |
| Premises and equipment expense | $323,000 | 5,146 |
| Additional noninterest expense | $780,000 | 4,771 |
| Pre-tax net operating income | $3,585,000 | 2,029 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $1,112,000 | 2,120 |
| Income before extraordinary items | $2,473,000 | 2,105 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $2,473,000 | 2,104 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $117,000 | 3,365 |
| Cash dividends | $1,035,000 | 2,146 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $2,473,000 | 2,036 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $10,705,000 | 3,034 |
| Total interest expense | $5,289,000 | 2,830 |
| Net interest income | $5,416,000 | 3,229 |
| Provision for loan and lease losses | $65,000 | 6,037 |
| Total noninterest income | $430,000 | 5,482 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $339,000 | 3,719 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $91,000 | 7,039 |
| Total noninterest expense | $2,275,000 | 5,153 |
| Salaries and employee benefits | $1,262,000 | 4,888 |
| Premises and equipment expense | $315,000 | 5,280 |
| Additional noninterest expense | $698,000 | 5,233 |
| Pre-tax net operating income | $3,506,000 | 2,145 |
| Securities gains (losses) | $4,000 | 2,936 |
| Applicable income taxes | $1,066,000 | 2,310 |
| Income before extraordinary items | $2,444,000 | 2,156 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,444,000 | 2,155 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $62,000 | 4,755 |
| Cash dividends | $887,000 | 2,416 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $2,441,200 | 2,107 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $10,026,000 | 3,267 |
| Total interest expense | $4,951,000 | 3,032 |
| Net interest income | $5,075,000 | 3,487 |
| Provision for loan and lease losses | $100,000 | 5,070 |
| Total noninterest income | $424,000 | 5,762 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $322,000 | 4,008 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $102,000 | 7,055 |
| Total noninterest expense | $2,297,000 | 5,349 |
| Salaries and employee benefits | $1,161,000 | 5,351 |
| Premises and equipment expense | $288,000 | 5,743 |
| Additional noninterest expense | $848,000 | 4,966 |
| Pre-tax net operating income | $3,102,000 | 2,300 |
| Securities gains (losses) | $2,000 | 3,501 |
| Applicable income taxes | $883,000 | 2,624 |
| Income before extraordinary items | $2,221,000 | 2,222 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $2,221,000 | 2,222 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-43,000 | 10,986 |
| Cash dividends | $739,000 | 2,657 |
| Sale, conversion, retirement of capital stock, net | $125,000 | 640 |
| Net operating income | $2,219,560 | 2,170 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $9,327,000 | 3,502 |
| Total interest expense | $4,701,000 | 3,192 |
| Net interest income | $4,626,000 | 3,798 |
| Provision for loan and lease losses | $80,000 | 5,097 |
| Total noninterest income | $366,000 | 6,307 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $295,000 | 4,351 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $71,000 | 8,310 |
| Total noninterest expense | $2,187,000 | 5,588 |
| Salaries and employee benefits | $1,081,000 | 5,675 |
| Premises and equipment expense | $260,000 | 6,200 |
| Additional noninterest expense | $846,000 | 5,014 |
| Pre-tax net operating income | $2,725,000 | 2,644 |
| Securities gains (losses) | $49,000 | 1,312 |
| Applicable income taxes | $773,000 | 2,967 |
| Income before extraordinary items | $2,001,000 | 2,515 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $2,001,000 | 2,514 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $67,000 | 4,590 |
| Cash dividends | $590,000 | 3,011 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,965,720 | 2,523 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $8,458,000 | 3,544 |
| Total interest expense | $3,959,000 | 3,085 |
| Net interest income | $4,499,000 | 3,919 |
| Provision for loan and lease losses | $180,000 | 3,202 |
| Total noninterest income | $310,000 | 7,119 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $225,000 | 5,425 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $85,000 | 8,027 |
| Total noninterest expense | $2,076,000 | 6,015 |
| Salaries and employee benefits | $1,018,000 | 6,004 |
| Premises and equipment expense | $265,000 | 6,269 |
| Additional noninterest expense | $793,000 | 5,734 |
| Pre-tax net operating income | $2,553,000 | 2,770 |
| Securities gains (losses) | $6,000 | 2,522 |
| Applicable income taxes | $674,000 | 3,181 |
| Income before extraordinary items | $1,885,000 | 2,582 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,885,000 | 2,582 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $89,000 | 3,935 |
| Cash dividends | $472,000 | 3,374 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,880,560 | 2,600 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $7,822,000 | 3,887 |
| Total interest expense | $3,716,000 | 3,392 |
| Net interest income | $4,106,000 | 4,300 |
| Provision for loan and lease losses | $180,000 | 4,132 |
| Total noninterest income | $296,000 | 7,736 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $203,000 | 5,916 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $93,000 | 8,112 |
| Total noninterest expense | $1,893,000 | 6,639 |
| Salaries and employee benefits | $917,000 | 6,616 |
| Premises and equipment expense | $233,000 | 7,032 |
| Additional noninterest expense | $743,000 | 6,283 |
| Pre-tax net operating income | $2,329,000 | 2,898 |
| Securities gains (losses) | $39,000 | 3,767 |
| Applicable income taxes | $595,000 | 3,628 |
| Income before extraordinary items | $1,773,000 | 2,800 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,773,000 | 2,886 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $144,000 | 3,773 |
| Cash dividends | $368,000 | 3,878 |
| Sale, conversion, retirement of capital stock, net | $350,000 | 668 |
| Net operating income | $1,743,750 | 2,688 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $7,658,000 | 4,465 |
| Total interest expense | $4,141,000 | 3,947 |
| Net interest income | $3,517,000 | 4,987 |
| Provision for loan and lease losses | $300,000 | 4,111 |
| Total noninterest income | $275,000 | 8,098 |
| 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 | $98,000 | 8,137 |
| Total noninterest expense | $1,638,000 | 7,443 |
| Salaries and employee benefits | $777,000 | 7,417 |
| Premises and equipment expense | $225,000 | 7,284 |
| Additional noninterest expense | $636,000 | 7,207 |
| Pre-tax net operating income | $1,854,000 | 3,336 |
| Securities gains (losses) | $22,000 | 5,460 |
| Applicable income taxes | $439,000 | 4,464 |
| Income before extraordinary items | $1,437,000 | 3,205 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,437,000 | 3,241 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $36,000 | 8,210 |
| Cash dividends | $305,000 | 3,957 |
| Sale, conversion, retirement of capital stock, net | $200,000 | 728 |
| Net operating income | $1,420,060 | 3,007 |
* 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.