Home > F&M Bank-Massanutten > Income and Expense
F&M Bank-Massanutten, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $20,485,000 | 1,660 |
| Total interest expense | $10,687,000 | 1,526 |
| Net interest income | $9,798,000 | 1,818 |
| Provision for loan and lease losses | $2,856,000 | 530 |
| Total noninterest income | $1,582,000 | 2,410 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,171,000 | 1,277 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $411,000 | 3,473 |
| Total noninterest expense | $7,032,000 | 2,042 |
| Salaries and employee benefits | $2,993,000 | 2,516 |
| Premises and equipment expense | $1,375,000 | 1,566 |
| Additional noninterest expense | $2,664,000 | 1,721 |
| Pre-tax net operating income | $1,492,000 | 3,882 |
| Securities gains (losses) | $213,000 | 1,143 |
| Applicable income taxes | $549,000 | 3,151 |
| Income before extraordinary items | $1,156,000 | 3,900 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,156,000 | 3,901 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,699,000 | 325 |
| Cash dividends | $1,080,000 | 2,110 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $1,011,160 | 4,142 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $22,166,000 | 1,555 |
| Total interest expense | $11,341,000 | 1,515 |
| Net interest income | $10,825,000 | 1,618 |
| Provision for loan and lease losses | $840,000 | 1,223 |
| Total noninterest income | $1,919,000 | 1,927 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $1,145,000 | 1,181 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $774,000 | 2,192 |
| Total noninterest expense | $6,104,000 | 2,243 |
| Salaries and employee benefits | $2,750,000 | 2,582 |
| Premises and equipment expense | $848,000 | 2,441 |
| Additional noninterest expense | $2,506,000 | 1,767 |
| Pre-tax net operating income | $5,800,000 | 1,273 |
| Securities gains (losses) | $3,000 | 1,519 |
| Applicable income taxes | $1,926,000 | 1,195 |
| Income before extraordinary items | $3,877,000 | 1,368 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $3,877,000 | 1,370 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $870,000 | 832 |
| Cash dividends | $1,952,000 | 1,391 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $3,874,990 | 1,357 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $19,473,000 | 1,665 |
| Total interest expense | $9,373,000 | 1,606 |
| Net interest income | $10,100,000 | 1,726 |
| Provision for loan and lease losses | $930,000 | 1,032 |
| Total noninterest income | $1,744,000 | 2,047 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $764,000 | 1,740 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $980,000 | 1,902 |
| Total noninterest expense | $5,647,000 | 2,399 |
| Salaries and employee benefits | $2,788,000 | 2,517 |
| Premises and equipment expense | $761,000 | 2,675 |
| Additional noninterest expense | $2,098,000 | 2,074 |
| Pre-tax net operating income | $5,267,000 | 1,442 |
| Securities gains (losses) | $77,000 | 834 |
| Applicable income taxes | $1,751,000 | 1,392 |
| Income before extraordinary items | $3,593,000 | 1,495 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $3,593,000 | 1,496 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $187,000 | 2,499 |
| Cash dividends | $3,190,000 | 917 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $3,541,410 | 1,485 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $16,355,000 | 1,984 |
| Total interest expense | $7,703,000 | 1,985 |
| Net interest income | $8,652,000 | 1,975 |
| Provision for loan and lease losses | $959,000 | 1,011 |
| Total noninterest income | $1,797,000 | 1,986 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $694,000 | 1,843 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $1,103,000 | 1,727 |
| Total noninterest expense | $5,031,000 | 2,598 |
| Salaries and employee benefits | $2,379,000 | 2,854 |
| Premises and equipment expense | $745,000 | 2,608 |
| Additional noninterest expense | $1,907,000 | 2,199 |
| Pre-tax net operating income | $4,459,000 | 1,654 |
| Securities gains (losses) | $12,000 | 2,822 |
| Applicable income taxes | $1,429,000 | 1,704 |
| Income before extraordinary items | $3,042,000 | 1,721 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $3,042,000 | 1,721 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $157,000 | 2,836 |
| Cash dividends | $2,830,000 | 1,029 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $3,033,840 | 1,654 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $13,977,000 | 2,337 |
| Total interest expense | $6,471,000 | 2,320 |
| Net interest income | $7,506,000 | 2,331 |
| Provision for loan and lease losses | $360,000 | 2,248 |
| Total noninterest income | $1,220,000 | 2,598 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $612,000 | 2,144 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $608,000 | 2,449 |
| Total noninterest expense | $4,540,000 | 2,791 |
| Salaries and employee benefits | $2,291,000 | 2,889 |
| Premises and equipment expense | $706,000 | 2,713 |
| Additional noninterest expense | $1,543,000 | 2,665 |
| Pre-tax net operating income | $3,826,000 | 1,963 |
| Securities gains (losses) | $12,000 | 2,240 |
| Applicable income taxes | $1,191,000 | 2,103 |
| Income before extraordinary items | $2,647,000 | 1,995 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,647,000 | 1,995 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $185,000 | 2,659 |
| Cash dividends | $1,330,000 | 1,757 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $2,638,720 | 1,945 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $13,058,000 | 2,563 |
| Total interest expense | $6,197,000 | 2,479 |
| Net interest income | $6,861,000 | 2,573 |
| Provision for loan and lease losses | $253,000 | 2,912 |
| Total noninterest income | $1,044,000 | 3,025 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $516,000 | 2,643 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $528,000 | 2,817 |
| Total noninterest expense | $4,073,000 | 3,297 |
| Salaries and employee benefits | $2,116,000 | 3,163 |
| Premises and equipment expense | $581,000 | 3,311 |
| Additional noninterest expense | $1,376,000 | 3,358 |
| Pre-tax net operating income | $3,579,000 | 2,014 |
| Securities gains (losses) | $25,000 | 1,832 |
| Applicable income taxes | $1,108,000 | 2,148 |
| Income before extraordinary items | $2,496,000 | 1,982 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $2,496,000 | 1,983 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $137,000 | 3,342 |
| Cash dividends | $1,200,000 | 1,863 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $2,478,750 | 1,955 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $12,204,000 | 2,739 |
| Total interest expense | $5,600,000 | 2,739 |
| Net interest income | $6,604,000 | 2,699 |
| Provision for loan and lease losses | $177,000 | 3,319 |
| Total noninterest income | $913,000 | 3,327 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $447,000 | 3,028 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $466,000 | 3,004 |
| Total noninterest expense | $4,025,000 | 3,305 |
| Salaries and employee benefits | $1,892,000 | 3,489 |
| Premises and equipment expense | $567,000 | 3,370 |
| Additional noninterest expense | $1,566,000 | 2,983 |
| Pre-tax net operating income | $3,315,000 | 2,222 |
| Securities gains (losses) | $29,000 | 1,653 |
| Applicable income taxes | $966,000 | 2,469 |
| Income before extraordinary items | $2,378,000 | 2,126 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $2,378,000 | 2,124 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $112,000 | 3,500 |
| Cash dividends | $1,150,000 | 1,816 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $2,357,410 | 2,113 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $6,692,000 | 4,405 |
| Total interest expense | $2,944,000 | 4,030 |
| Net interest income | $3,748,000 | 4,641 |
| Provision for loan and lease losses | $103,000 | 4,489 |
| Total noninterest income | $500,000 | 5,295 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $302,000 | 4,339 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $198,000 | 5,306 |
| Total noninterest expense | $2,432,000 | 5,282 |
| Salaries and employee benefits | $1,115,000 | 5,585 |
| Premises and equipment expense | $389,000 | 4,698 |
| Additional noninterest expense | $928,000 | 5,041 |
| Pre-tax net operating income | $1,713,000 | 3,941 |
| Securities gains (losses) | $52,000 | 1,128 |
| Applicable income taxes | $521,000 | 3,929 |
| Income before extraordinary items | $1,244,000 | 3,734 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,244,000 | 3,739 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,000 | 8,352 |
| Cash dividends | $500,000 | 3,161 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,207,600 | 3,864 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,001,000 | 4,952 |
| Total interest expense | $2,676,000 | 4,542 |
| Net interest income | $3,325,000 | 5,185 |
| Provision for loan and lease losses | $90,000 | 6,008 |
| Total noninterest income | $404,000 | 6,424 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $261,000 | 4,939 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $143,000 | 6,719 |
| Total noninterest expense | $2,033,000 | 6,244 |
| Salaries and employee benefits | $938,000 | 6,489 |
| Premises and equipment expense | $341,000 | 5,335 |
| Additional noninterest expense | $754,000 | 6,211 |
| Pre-tax net operating income | $1,606,000 | 4,078 |
| Securities gains (losses) | $-3,000 | 12,455 |
| Applicable income taxes | $428,000 | 4,761 |
| Income before extraordinary items | $1,175,000 | 4,094 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,175,000 | 4,201 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $29,000 | 7,087 |
| Cash dividends | $400,000 | 3,627 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,177,190 | 3,889 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,763,000 | 5,678 |
| Total interest expense | $2,833,000 | 5,417 |
| Net interest income | $2,930,000 | 5,833 |
| Provision for loan and lease losses | $105,000 | 7,133 |
| Total noninterest income | $360,000 | 6,974 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $218,000 | 5,664 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $142,000 | 6,834 |
| Total noninterest expense | $1,854,000 | 6,787 |
| Salaries and employee benefits | $874,000 | 6,777 |
| Premises and equipment expense | $310,000 | 5,827 |
| Additional noninterest expense | $670,000 | 6,953 |
| Pre-tax net operating income | $1,331,000 | 4,524 |
| Securities gains (losses) | $36,000 | 4,684 |
| Applicable income taxes | $360,000 | 5,218 |
| Income before extraordinary items | $1,007,000 | 4,475 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,007,000 | 4,518 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $19,000 | 9,186 |
| Cash dividends | $276,000 | 4,232 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $980,360 | 4,260 |
* 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.