Home > First Colony Bank > Income and Expense
First Colony Bank, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,289,000 | 9,281 |
| Total interest expense | $930,000 | 8,996 |
| Net interest income | $1,359,000 | 9,289 |
| Provision for loan and lease losses | $130,000 | 3,886 |
| Total noninterest income | $775,000 | 3,815 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $687,000 | 1,964 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $88,000 | 7,913 |
| Total noninterest expense | $1,832,000 | 6,613 |
| Salaries and employee benefits | $767,000 | 7,406 |
| Premises and equipment expense | $299,000 | 5,731 |
| Additional noninterest expense | $766,000 | 5,904 |
| Pre-tax net operating income | $172,000 | 11,107 |
| Securities gains (losses) | $4,000 | 2,755 |
| Applicable income taxes | $-88,000 | 12,283 |
| Income before extraordinary items | $264,000 | 9,549 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $264,000 | 9,559 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $201,000 | 2,490 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $457,000 | 562 |
| Net operating income | $260,000 | 9,642 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,018,000 | 8,312 |
| Total interest expense | $1,125,000 | 8,581 |
| Net interest income | $1,893,000 | 7,966 |
| Provision for loan and lease losses | $570,000 | 1,929 |
| Total noninterest income | $876,000 | 3,712 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $770,000 | 1,776 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $106,000 | 7,681 |
| Total noninterest expense | $2,637,000 | 5,035 |
| Salaries and employee benefits | $994,000 | 6,168 |
| Premises and equipment expense | $334,000 | 5,406 |
| Additional noninterest expense | $1,309,000 | 3,915 |
| Pre-tax net operating income | $-438,000 | 12,826 |
| Securities gains (losses) | $123,000 | 2,217 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $-315,000 | 12,834 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-315,000 | 12,836 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $960,000 | 1,179 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-438,000 | 12,812 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,661,000 | 7,963 |
| Total interest expense | $1,528,000 | 8,433 |
| Net interest income | $2,133,000 | 7,413 |
| Provision for loan and lease losses | $1,041,000 | 1,788 |
| Total noninterest income | $1,105,000 | 3,051 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $777,000 | 1,739 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $328,000 | 4,184 |
| Total noninterest expense | $2,665,000 | 5,013 |
| Salaries and employee benefits | $957,000 | 6,279 |
| Premises and equipment expense | $286,000 | 6,184 |
| Additional noninterest expense | $1,422,000 | 3,752 |
| Pre-tax net operating income | $-468,000 | 13,274 |
| Securities gains (losses) | $66,000 | 3,674 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $-402,000 | 13,327 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-402,000 | 13,322 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $551,000 | 2,311 |
| Cash dividends | $37,000 | 8,061 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-468,000 | 13,265 |
* 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.