Home > First and Farmers Bank of Somerset, Inc. > Income and Expense
First and Farmers Bank of Somerset, Inc., Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $21,495,000 | 1,507 |
| Total interest expense | $9,140,000 | 1,684 |
| Net interest income | $12,355,000 | 1,371 |
| Provision for loan and lease losses | $150,000 | 4,136 |
| Total noninterest income | $2,133,000 | 1,733 |
| Gross Fiduciary activities income | $151,000 | 928 |
| Service charges on deposit accounts | $846,000 | 1,489 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $1,136,000 | 1,695 |
| Total noninterest expense | $6,815,000 | 1,910 |
| Salaries and employee benefits | $3,665,000 | 1,826 |
| Premises and equipment expense | $1,179,000 | 1,666 |
| Additional noninterest expense | $1,971,000 | 2,135 |
| Pre-tax net operating income | $7,523,000 | 1,019 |
| Securities gains (losses) | $27,000 | 2,200 |
| Applicable income taxes | $1,972,000 | 1,284 |
| Income before extraordinary items | $5,578,000 | 968 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $5,578,000 | 967 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $486,000 | 1,286 |
| Cash dividends | $2,797,000 | 1,043 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $5,558,020 | 943 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $21,865,000 | 1,502 |
| Total interest expense | $8,477,000 | 1,826 |
| Net interest income | $13,388,000 | 1,295 |
| Provision for loan and lease losses | $600,000 | 1,510 |
| Total noninterest income | $2,005,000 | 1,763 |
| Gross Fiduciary activities income | $137,000 | 986 |
| Service charges on deposit accounts | $913,000 | 1,416 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $955,000 | 1,791 |
| Total noninterest expense | $6,935,000 | 1,865 |
| Salaries and employee benefits | $3,841,000 | 1,707 |
| Premises and equipment expense | $1,070,000 | 1,854 |
| Additional noninterest expense | $2,024,000 | 2,064 |
| Pre-tax net operating income | $7,858,000 | 1,038 |
| Securities gains (losses) | $19,000 | 1,923 |
| Applicable income taxes | $2,214,000 | 1,211 |
| Income before extraordinary items | $5,663,000 | 983 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $5,663,000 | 984 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $524,000 | 1,290 |
| Cash dividends | $5,367,000 | 594 |
| Sale, conversion, retirement of capital stock, net | $-931,000 | 10,869 |
| Net operating income | $5,649,320 | 959 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $22,059,000 | 1,523 |
| Total interest expense | $8,549,000 | 1,844 |
| Net interest income | $13,510,000 | 1,317 |
| Provision for loan and lease losses | $650,000 | 1,408 |
| Total noninterest income | $2,127,000 | 1,743 |
| Gross Fiduciary activities income | $162,000 | 1,020 |
| Service charges on deposit accounts | $968,000 | 1,390 |
| Trading account gains and fees | $-19,000 | 4,657 |
| Additional Noninterest Income | $1,016,000 | 1,797 |
| Total noninterest expense | $7,214,000 | 1,947 |
| Salaries and employee benefits | $3,812,000 | 1,735 |
| Premises and equipment expense | $1,066,000 | 1,887 |
| Additional noninterest expense | $2,336,000 | 2,142 |
| Pre-tax net operating income | $7,773,000 | 978 |
| Securities gains (losses) | $-3,000 | 9,684 |
| Applicable income taxes | $2,346,000 | 1,065 |
| Income before extraordinary items | $5,424,000 | 971 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $5,424,000 | 972 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $635,000 | 1,201 |
| Cash dividends | $3,199,000 | 909 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $5,426,100 | 953 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $21,278,000 | 1,589 |
| Total interest expense | $7,988,000 | 1,960 |
| Net interest income | $13,290,000 | 1,351 |
| Provision for loan and lease losses | $800,000 | 1,117 |
| Total noninterest income | $2,474,000 | 1,559 |
| Gross Fiduciary activities income | $115,000 | 1,137 |
| Service charges on deposit accounts | $926,000 | 1,478 |
| Trading account gains and fees | $366,000 | 200 |
| Additional Noninterest Income | $1,067,000 | 1,724 |
| Total noninterest expense | $7,485,000 | 1,867 |
| Salaries and employee benefits | $3,852,000 | 1,727 |
| Premises and equipment expense | $1,087,000 | 1,859 |
| Additional noninterest expense | $2,546,000 | 1,965 |
| Pre-tax net operating income | $7,479,000 | 1,039 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $2,290,000 | 1,119 |
| Income before extraordinary items | $5,189,000 | 1,034 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $5,189,000 | 1,031 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $628,000 | 1,194 |
| Cash dividends | $1,773,000 | 1,343 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $5,189,000 | 1,018 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $18,619,000 | 1,662 |
| Total interest expense | $6,166,000 | 2,029 |
| Net interest income | $12,453,000 | 1,448 |
| Provision for loan and lease losses | $630,000 | 1,289 |
| Total noninterest income | $1,774,000 | 2,006 |
| Gross Fiduciary activities income | $119,000 | 1,143 |
| Service charges on deposit accounts | $896,000 | 1,506 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $759,000 | 2,206 |
| Total noninterest expense | $8,350,000 | 1,755 |
| Salaries and employee benefits | $3,542,000 | 1,884 |
| Premises and equipment expense | $864,000 | 2,344 |
| Additional noninterest expense | $3,944,000 | 1,426 |
| Pre-tax net operating income | $5,247,000 | 1,399 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $1,563,000 | 1,497 |
| Income before extraordinary items | $3,684,000 | 1,360 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,684,000 | 1,361 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $779,000 | 1,024 |
| Cash dividends | $1,327,000 | 1,544 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,684,000 | 1,372 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $18,450,000 | 1,691 |
| Total interest expense | $6,361,000 | 2,041 |
| Net interest income | $12,089,000 | 1,498 |
| Provision for loan and lease losses | $2,211,000 | 756 |
| Total noninterest income | $1,822,000 | 2,095 |
| Gross Fiduciary activities income | $151,000 | 1,122 |
| Service charges on deposit accounts | $861,000 | 1,590 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $810,000 | 2,371 |
| Total noninterest expense | $7,350,000 | 2,003 |
| Salaries and employee benefits | $3,380,000 | 1,961 |
| Premises and equipment expense | $778,000 | 2,621 |
| Additional noninterest expense | $3,192,000 | 1,826 |
| Pre-tax net operating income | $4,350,000 | 1,601 |
| Securities gains (losses) | $163,000 | 1,907 |
| Applicable income taxes | $1,202,000 | 1,918 |
| Income before extraordinary items | $3,311,000 | 1,538 |
| Extraordinary gains, net | $138,000 | 1,310 |
| Net income | $3,449,000 | 1,520 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,042,000 | 720 |
| Cash dividends | $939,000 | 1,880 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $3,192,010 | 1,503 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $20,386,000 | 1,741 |
| Total interest expense | $9,066,000 | 1,867 |
| Net interest income | $11,320,000 | 1,629 |
| Provision for loan and lease losses | $2,014,000 | 1,140 |
| Total noninterest income | $1,788,000 | 2,093 |
| Gross Fiduciary activities income | $112,000 | 1,225 |
| Service charges on deposit accounts | $839,000 | 1,623 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $837,000 | 2,252 |
| Total noninterest expense | $7,794,000 | 1,928 |
| Salaries and employee benefits | $3,380,000 | 1,936 |
| Premises and equipment expense | $747,000 | 2,770 |
| Additional noninterest expense | $3,667,000 | 1,696 |
| Pre-tax net operating income | $3,300,000 | 1,877 |
| Securities gains (losses) | $98,000 | 3,033 |
| Applicable income taxes | $881,000 | 2,370 |
| Income before extraordinary items | $2,517,000 | 1,804 |
| Extraordinary gains, net | $269,000 | 334 |
| Net income | $2,786,000 | 1,670 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,286,000 | 693 |
| Cash dividends | $715,000 | 2,091 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,444,480 | 1,711 |
* 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.