Home > F & M Bank-Richmond > Income and Expense
F & M Bank-Richmond, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $20,228,000 | 1,681 |
| Total interest expense | $9,140,000 | 1,780 |
| Net interest income | $11,088,000 | 1,603 |
| Provision for loan and lease losses | $2,810,000 | 534 |
| Total noninterest income | $2,100,000 | 1,937 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,475,000 | 1,006 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $625,000 | 2,760 |
| Total noninterest expense | $8,821,000 | 1,652 |
| Salaries and employee benefits | $4,641,000 | 1,614 |
| Premises and equipment expense | $1,897,000 | 1,123 |
| Additional noninterest expense | $2,283,000 | 1,966 |
| Pre-tax net operating income | $1,557,000 | 3,756 |
| Securities gains (losses) | $36,000 | 2,670 |
| Applicable income taxes | $560,000 | 3,106 |
| Income before extraordinary items | $1,033,000 | 4,198 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,033,000 | 4,199 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,000 | 7,243 |
| Cash dividends | $1,400,000 | 1,751 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $1,009,600 | 4,150 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $21,165,000 | 1,630 |
| Total interest expense | $9,400,000 | 1,835 |
| Net interest income | $11,765,000 | 1,494 |
| Provision for loan and lease losses | $135,000 | 4,606 |
| Total noninterest income | $2,062,000 | 1,830 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $1,663,000 | 819 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $399,000 | 3,346 |
| Total noninterest expense | $7,247,000 | 1,920 |
| Salaries and employee benefits | $3,933,000 | 1,830 |
| Premises and equipment expense | $1,110,000 | 1,875 |
| Additional noninterest expense | $2,204,000 | 1,980 |
| Pre-tax net operating income | $6,445,000 | 1,158 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $2,242,000 | 1,053 |
| Income before extraordinary items | $4,203,000 | 1,248 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $4,203,000 | 1,250 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-5,000 | 8,998 |
| Cash dividends | $3,114,000 | 930 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $4,203,000 | 1,245 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $20,281,000 | 1,599 |
| Total interest expense | $8,608,000 | 1,727 |
| Net interest income | $11,673,000 | 1,505 |
| Provision for loan and lease losses | $200,000 | 3,546 |
| Total noninterest income | $1,661,000 | 2,138 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $1,338,000 | 999 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $323,000 | 3,851 |
| Total noninterest expense | $7,262,000 | 1,896 |
| Salaries and employee benefits | $4,024,000 | 1,713 |
| Premises and equipment expense | $1,222,000 | 1,674 |
| Additional noninterest expense | $2,016,000 | 2,175 |
| Pre-tax net operating income | $5,872,000 | 1,307 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $2,051,000 | 1,205 |
| Income before extraordinary items | $3,821,000 | 1,397 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $3,821,000 | 1,396 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $138,000 | 2,985 |
| Cash dividends | $3,070,000 | 942 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $3,821,000 | 1,377 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $19,749,000 | 1,646 |
| Total interest expense | $8,861,000 | 1,732 |
| Net interest income | $10,888,000 | 1,556 |
| Provision for loan and lease losses | $193,000 | 3,591 |
| Total noninterest income | $1,316,000 | 2,498 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $1,000,000 | 1,251 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $316,000 | 3,907 |
| Total noninterest expense | $6,664,000 | 1,966 |
| Salaries and employee benefits | $3,656,000 | 1,829 |
| Premises and equipment expense | $1,079,000 | 1,827 |
| Additional noninterest expense | $1,929,000 | 2,170 |
| Pre-tax net operating income | $5,347,000 | 1,404 |
| Securities gains (losses) | $51,000 | 1,715 |
| Applicable income taxes | $1,875,000 | 1,342 |
| Income before extraordinary items | $3,523,000 | 1,501 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $3,523,000 | 1,500 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $42,000 | 5,253 |
| Cash dividends | $3,662,000 | 833 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $3,489,850 | 1,445 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $12,727,000 | 2,585 |
| Total interest expense | $6,146,000 | 2,445 |
| Net interest income | $6,581,000 | 2,639 |
| Provision for loan and lease losses | $208,000 | 3,367 |
| Total noninterest income | $660,000 | 4,148 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $447,000 | 2,909 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $213,000 | 4,817 |
| Total noninterest expense | $3,687,000 | 3,429 |
| Salaries and employee benefits | $2,103,000 | 3,148 |
| Premises and equipment expense | $675,000 | 2,837 |
| Additional noninterest expense | $909,000 | 4,266 |
| Pre-tax net operating income | $3,346,000 | 2,259 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $1,173,000 | 2,125 |
| Income before extraordinary items | $2,173,000 | 2,396 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,173,000 | 2,395 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $77,000 | 4,315 |
| Cash dividends | $720,000 | 2,736 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $2,173,000 | 2,337 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $11,875,000 | 2,774 |
| Total interest expense | $5,913,000 | 2,581 |
| Net interest income | $5,962,000 | 2,968 |
| Provision for loan and lease losses | $225,000 | 3,146 |
| Total noninterest income | $598,000 | 4,579 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $430,000 | 3,124 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $168,000 | 5,634 |
| Total noninterest expense | $3,481,000 | 3,785 |
| Salaries and employee benefits | $1,958,000 | 3,394 |
| Premises and equipment expense | $666,000 | 2,923 |
| Additional noninterest expense | $857,000 | 4,928 |
| Pre-tax net operating income | $2,854,000 | 2,475 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $1,000,000 | 2,346 |
| Income before extraordinary items | $1,854,000 | 2,619 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,854,000 | 2,621 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $126,000 | 3,498 |
| Cash dividends | $720,000 | 2,688 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,854,000 | 2,579 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $10,798,000 | 3,070 |
| Total interest expense | $5,307,000 | 2,876 |
| Net interest income | $5,491,000 | 3,234 |
| Provision for loan and lease losses | $120,000 | 4,090 |
| Total noninterest income | $572,000 | 4,732 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $453,000 | 2,987 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $119,000 | 6,675 |
| Total noninterest expense | $3,550,000 | 3,694 |
| Salaries and employee benefits | $1,852,000 | 3,557 |
| Premises and equipment expense | $721,000 | 2,731 |
| Additional noninterest expense | $977,000 | 4,442 |
| Pre-tax net operating income | $2,393,000 | 2,967 |
| Securities gains (losses) | $5,000 | 2,809 |
| Applicable income taxes | $842,000 | 2,764 |
| Income before extraordinary items | $1,556,000 | 3,137 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,556,000 | 3,135 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $102,000 | 3,716 |
| Cash dividends | $500,000 | 3,291 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,552,750 | 3,122 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $9,639,000 | 3,141 |
| Total interest expense | $4,263,000 | 2,877 |
| Net interest income | $5,376,000 | 3,336 |
| Provision for loan and lease losses | $190,000 | 3,120 |
| Total noninterest income | $562,000 | 4,884 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $429,000 | 3,172 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $133,000 | 6,595 |
| Total noninterest expense | $3,489,000 | 3,857 |
| Salaries and employee benefits | $1,735,000 | 3,761 |
| Premises and equipment expense | $696,000 | 2,848 |
| Additional noninterest expense | $1,058,000 | 4,494 |
| Pre-tax net operating income | $2,259,000 | 3,099 |
| Securities gains (losses) | $114,000 | 727 |
| Applicable income taxes | $833,000 | 2,678 |
| Income before extraordinary items | $1,540,000 | 3,106 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,540,000 | 3,114 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $27,000 | 6,150 |
| Cash dividends | $400,000 | 3,689 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,465,900 | 3,271 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $8,806,000 | 3,494 |
| Total interest expense | $4,092,000 | 3,101 |
| Net interest income | $4,714,000 | 3,772 |
| Provision for loan and lease losses | $240,000 | 3,470 |
| Total noninterest income | $538,000 | 5,330 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $420,000 | 3,300 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $118,000 | 7,354 |
| Total noninterest expense | $3,300,000 | 4,131 |
| Salaries and employee benefits | $1,592,000 | 4,047 |
| Premises and equipment expense | $693,000 | 2,910 |
| Additional noninterest expense | $1,015,000 | 4,862 |
| Pre-tax net operating income | $1,712,000 | 3,860 |
| Securities gains (losses) | $217,000 | 1,602 |
| Applicable income taxes | $672,000 | 3,235 |
| Income before extraordinary items | $1,257,000 | 3,835 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,257,000 | 3,941 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $24,000 | 7,435 |
| Cash dividends | $200,000 | 5,372 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,115,950 | 4,056 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $7,303,000 | 4,654 |
| Total interest expense | $3,544,000 | 4,503 |
| Net interest income | $3,759,000 | 4,717 |
| Provision for loan and lease losses | $180,000 | 5,503 |
| Total noninterest income | $507,000 | 5,586 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $400,000 | 3,485 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $107,000 | 7,823 |
| Total noninterest expense | $2,859,000 | 4,733 |
| Salaries and employee benefits | $1,477,000 | 4,294 |
| Premises and equipment expense | $632,000 | 3,196 |
| Additional noninterest expense | $750,000 | 6,422 |
| Pre-tax net operating income | $1,227,000 | 4,833 |
| Securities gains (losses) | $2,000 | 7,695 |
| Applicable income taxes | $419,000 | 4,617 |
| Income before extraordinary items | $810,000 | 5,310 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $810,000 | 5,363 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $90,000 | 6,172 |
| Cash dividends | $126,000 | 6,100 |
| Sale, conversion, retirement of capital stock, net | $2,391,000 | 277 |
| Net operating income | $808,680 | 5,016 |
* 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.