Home > Farmers Bank of Maryland > Income and Expense
Farmers Bank of Maryland, Income and Expense
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $47,770,000 | 469 |
| Total interest expense | $7,087,000 | 992 |
| Net interest income | $40,683,000 | 396 |
| Provision for loan and lease losses | $-10,000 | 9,032 |
| Total noninterest income | $9,161,000 | 589 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $5,953,000 | 234 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $3,208,000 | 885 |
| Total noninterest expense | $28,064,000 | 494 |
| Salaries and employee benefits | $9,560,000 | 685 |
| Premises and equipment expense | $2,635,000 | 658 |
| Additional noninterest expense | $15,869,000 | 330 |
| Pre-tax net operating income | $21,790,000 | 366 |
| Securities gains (losses) | $290,000 | 983 |
| Applicable income taxes | $8,247,000 | 359 |
| Income before extraordinary items | $13,833,000 | 423 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $13,833,000 | 423 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $24,000 | 5,184 |
| Cash dividends | $0 | 5,519 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $13,647,400 | 393 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $34,394,000 | 447 |
| Total interest expense | $5,452,000 | 870 |
| Net interest income | $28,942,000 | 376 |
| Provision for loan and lease losses | $-138,000 | 9,211 |
| Total noninterest income | $6,014,000 | 587 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $3,886,000 | 238 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $2,128,000 | 878 |
| Total noninterest expense | $17,847,000 | 514 |
| Salaries and employee benefits | $6,404,000 | 682 |
| Premises and equipment expense | $1,788,000 | 646 |
| Additional noninterest expense | $9,655,000 | 355 |
| Pre-tax net operating income | $17,247,000 | 331 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $6,329,000 | 328 |
| Income before extraordinary items | $10,918,000 | 374 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $10,918,000 | 375 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 8,111 |
| Cash dividends | $0 | 5,215 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $10,918,000 | 344 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $17,197,000 | 455 |
| Total interest expense | $2,806,000 | 879 |
| Net interest income | $14,391,000 | 386 |
| Provision for loan and lease losses | $-109,000 | 9,270 |
| Total noninterest income | $2,946,000 | 599 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $1,912,000 | 243 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $1,034,000 | 871 |
| Total noninterest expense | $8,806,000 | 517 |
| Salaries and employee benefits | $3,174,000 | 684 |
| Premises and equipment expense | $915,000 | 636 |
| Additional noninterest expense | $4,717,000 | 357 |
| Pre-tax net operating income | $8,640,000 | 323 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $3,126,000 | 337 |
| Income before extraordinary items | $5,514,000 | 359 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $5,514,000 | 360 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-1,000 | 7,386 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $5,514,000 | 330 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $75,667,000 | 441 |
| Total interest expense | $15,038,000 | 747 |
| Net interest income | $60,629,000 | 375 |
| Provision for loan and lease losses | $-154,000 | 9,290 |
| Total noninterest income | $11,824,000 | 562 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $7,361,000 | 243 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $4,463,000 | 749 |
| Total noninterest expense | $36,155,000 | 482 |
| Salaries and employee benefits | $12,720,000 | 636 |
| Premises and equipment expense | $3,919,000 | 572 |
| Additional noninterest expense | $19,516,000 | 357 |
| Pre-tax net operating income | $36,452,000 | 308 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $13,626,000 | 293 |
| Income before extraordinary items | $22,826,000 | 334 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $22,826,000 | 335 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-154,000 | 9,268 |
| Cash dividends | $21,900,000 | 226 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $22,826,000 | 319 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $79,432,000 | 463 |
| Total interest expense | $23,761,000 | 705 |
| Net interest income | $55,671,000 | 380 |
| Provision for loan and lease losses | $-121,000 | 9,536 |
| Total noninterest income | $10,760,000 | 577 |
| Gross Fiduciary activities income | $3,000 | 1,597 |
| Service charges on deposit accounts | $6,733,000 | 249 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $4,024,000 | 768 |
| Total noninterest expense | $33,745,000 | 499 |
| Salaries and employee benefits | $12,423,000 | 619 |
| Premises and equipment expense | $3,605,000 | 611 |
| Additional noninterest expense | $17,717,000 | 388 |
| Pre-tax net operating income | $32,807,000 | 292 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $12,025,000 | 299 |
| Income before extraordinary items | $20,782,000 | 317 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $20,782,000 | 317 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 8,863 |
| Cash dividends | $30,976,000 | 175 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $20,782,000 | 301 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $78,407,000 | 505 |
| Total interest expense | $25,636,000 | 709 |
| Net interest income | $52,771,000 | 387 |
| Provision for loan and lease losses | $415,000 | 2,212 |
| Total noninterest income | $10,609,000 | 560 |
| Gross Fiduciary activities income | $4,000 | 1,270 |
| Service charges on deposit accounts | $6,258,000 | 242 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $4,347,000 | 688 |
| Total noninterest expense | $34,873,000 | 465 |
| Salaries and employee benefits | $12,433,000 | 577 |
| Premises and equipment expense | $3,737,000 | 585 |
| Additional noninterest expense | $18,703,000 | 367 |
| Pre-tax net operating income | $28,092,000 | 346 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $9,465,000 | 347 |
| Income before extraordinary items | $18,627,000 | 347 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $18,627,000 | 347 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $25,000 | 5,720 |
| Cash dividends | $31,765,000 | 185 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $18,627,000 | 348 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $79,155,000 | 481 |
| Total interest expense | $23,943,000 | 682 |
| Net interest income | $55,212,000 | 385 |
| Provision for loan and lease losses | $1,343,000 | 771 |
| Total noninterest income | $10,014,000 | 618 |
| Gross Fiduciary activities income | $5,000 | 1,305 |
| Service charges on deposit accounts | $6,831,000 | 232 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $3,178,000 | 860 |
| Total noninterest expense | $35,489,000 | 480 |
| Salaries and employee benefits | $11,726,000 | 613 |
| Premises and equipment expense | $3,944,000 | 568 |
| Additional noninterest expense | $19,819,000 | 364 |
| Pre-tax net operating income | $28,394,000 | 378 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $9,819,000 | 376 |
| Income before extraordinary items | $18,575,000 | 385 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $18,575,000 | 385 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $439,000 | 1,347 |
| Cash dividends | $18,504,000 | 265 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $18,575,000 | 380 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $59,934,000 | 595 |
| Total interest expense | $21,664,000 | 757 |
| Net interest income | $38,270,000 | 497 |
| Provision for loan and lease losses | $447,000 | 1,893 |
| Total noninterest income | $7,331,000 | 725 |
| Gross Fiduciary activities income | $1,000 | 1,376 |
| Service charges on deposit accounts | $4,104,000 | 326 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $3,226,000 | 862 |
| Total noninterest expense | $24,664,000 | 632 |
| Salaries and employee benefits | $8,789,000 | 766 |
| Premises and equipment expense | $2,676,000 | 754 |
| Additional noninterest expense | $13,199,000 | 486 |
| Pre-tax net operating income | $20,490,000 | 435 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $6,766,000 | 454 |
| Income before extraordinary items | $13,724,000 | 444 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $13,724,000 | 444 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $956,000 | 780 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $2,857,000 | 345 |
| Net operating income | $13,724,000 | 427 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $59,590,000 | 600 |
| Total interest expense | $20,733,000 | 803 |
| Net interest income | $38,857,000 | 497 |
| Provision for loan and lease losses | $-193,000 | 10,821 |
| Total noninterest income | $7,426,000 | 700 |
| Gross Fiduciary activities income | $1,202,000 | 420 |
| Service charges on deposit accounts | $3,960,000 | 345 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $2,264,000 | 1,009 |
| Total noninterest expense | $23,636,000 | 639 |
| Salaries and employee benefits | $8,413,000 | 805 |
| Premises and equipment expense | $2,530,000 | 801 |
| Additional noninterest expense | $12,693,000 | 477 |
| Pre-tax net operating income | $22,840,000 | 412 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $8,010,000 | 426 |
| Income before extraordinary items | $14,830,000 | 433 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $14,830,000 | 434 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,209,000 | 705 |
| Cash dividends | $29,040,000 | 177 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $14,830,000 | 415 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $41,950,000 | 839 |
| Total interest expense | $15,093,000 | 1,085 |
| Net interest income | $26,857,000 | 708 |
| Provision for loan and lease losses | $1,309,000 | 825 |
| Total noninterest income | $5,193,000 | 928 |
| Gross Fiduciary activities income | $1,013,000 | 501 |
| Service charges on deposit accounts | $2,520,000 | 545 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,660,000 | 1,318 |
| Total noninterest expense | $17,847,000 | 870 |
| Salaries and employee benefits | $6,076,000 | 1,104 |
| Premises and equipment expense | $1,508,000 | 1,354 |
| Additional noninterest expense | $10,263,000 | 661 |
| Pre-tax net operating income | $12,894,000 | 645 |
| Securities gains (losses) | $1,771,000 | 168 |
| Applicable income taxes | $4,582,000 | 632 |
| Income before extraordinary items | $10,083,000 | 573 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $10,083,000 | 574 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $977,000 | 916 |
| Cash dividends | $13,275,000 | 358 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $8,861,010 | 628 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $42,519,000 | 862 |
| Total interest expense | $16,437,000 | 1,035 |
| Net interest income | $26,082,000 | 752 |
| Provision for loan and lease losses | $119,000 | 4,253 |
| Total noninterest income | $4,568,000 | 1,014 |
| Gross Fiduciary activities income | $870,000 | 563 |
| Service charges on deposit accounts | $2,459,000 | 572 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,239,000 | 1,564 |
| Total noninterest expense | $15,055,000 | 1,004 |
| Salaries and employee benefits | $6,741,000 | 1,021 |
| Premises and equipment expense | $1,733,000 | 1,202 |
| Additional noninterest expense | $6,581,000 | 903 |
| Pre-tax net operating income | $15,476,000 | 576 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $4,557,000 | 654 |
| Income before extraordinary items | $10,919,000 | 551 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $10,919,000 | 551 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $790,000 | 1,038 |
| Cash dividends | $10,800,000 | 378 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $10,919,000 | 546 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $38,907,000 | 848 |
| Total interest expense | $14,924,000 | 916 |
| Net interest income | $23,983,000 | 797 |
| Provision for loan and lease losses | $875,000 | 1,021 |
| Total noninterest income | $4,307,000 | 1,024 |
| Gross Fiduciary activities income | $777,000 | 592 |
| Service charges on deposit accounts | $2,394,000 | 579 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,136,000 | 1,693 |
| Total noninterest expense | $15,134,000 | 1,001 |
| Salaries and employee benefits | $8,729,000 | 790 |
| Premises and equipment expense | $2,413,000 | 890 |
| Additional noninterest expense | $3,992,000 | 1,418 |
| Pre-tax net operating income | $12,281,000 | 668 |
| Securities gains (losses) | $-5,722,000 | 12,558 |
| Applicable income taxes | $1,176,000 | 1,911 |
| Income before extraordinary items | $5,383,000 | 956 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $5,383,000 | 952 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $854,000 | 968 |
| Cash dividends | $2,307,000 | 983 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $10,075,040 | 560 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $39,126,000 | 844 |
| Total interest expense | $15,018,000 | 931 |
| Net interest income | $24,108,000 | 788 |
| Provision for loan and lease losses | $1,700,000 | 905 |
| Total noninterest income | $4,034,000 | 1,161 |
| Gross Fiduciary activities income | $472,000 | 785 |
| Service charges on deposit accounts | $2,276,000 | 593 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,286,000 | 1,731 |
| Total noninterest expense | $14,686,000 | 1,070 |
| Salaries and employee benefits | $8,183,000 | 847 |
| Premises and equipment expense | $2,287,000 | 964 |
| Additional noninterest expense | $4,216,000 | 1,451 |
| Pre-tax net operating income | $11,756,000 | 619 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $3,149,000 | 827 |
| Income before extraordinary items | $8,607,000 | 614 |
| Extraordinary gains, net | $1,266,000 | 188 |
| Net income | $9,873,000 | 558 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,258,000 | 974 |
| Cash dividends | $3,655,000 | 619 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $8,607,000 | 566 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $41,235,000 | 923 |
| Total interest expense | $19,421,000 | 931 |
| Net interest income | $21,814,000 | 872 |
| Provision for loan and lease losses | $2,275,000 | 1,047 |
| Total noninterest income | $3,802,000 | 1,180 |
| Gross Fiduciary activities income | $390,000 | 854 |
| Service charges on deposit accounts | $2,300,000 | 595 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,112,000 | 1,860 |
| Total noninterest expense | $13,688,000 | 1,155 |
| Salaries and employee benefits | $7,615,000 | 887 |
| Premises and equipment expense | $2,004,000 | 1,118 |
| Additional noninterest expense | $4,069,000 | 1,572 |
| Pre-tax net operating income | $9,653,000 | 661 |
| Securities gains (losses) | $10,000 | 6,439 |
| Applicable income taxes | $2,821,000 | 831 |
| Income before extraordinary items | $6,842,000 | 695 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $6,842,000 | 688 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,293,000 | 1,324 |
| Cash dividends | $2,347,000 | 740 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $6,834,900 | 635 |
* 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.