Home > First Community Bank of Southwest Virginia, Inc. > Income and Expense
First Community Bank of Southwest Virginia, Inc., Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $8,117,000 | 3,883 |
| Total interest expense | $3,771,000 | 3,862 |
| Net interest income | $4,346,000 | 3,853 |
| Provision for loan and lease losses | $199,000 | 3,545 |
| Total noninterest income | $529,000 | 4,781 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $463,000 | 2,731 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $66,000 | 7,603 |
| Total noninterest expense | $3,187,000 | 3,902 |
| Salaries and employee benefits | $1,171,000 | 5,165 |
| Premises and equipment expense | $316,000 | 5,222 |
| Additional noninterest expense | $1,700,000 | 2,449 |
| Pre-tax net operating income | $1,489,000 | 4,208 |
| Securities gains (losses) | $4,000 | 3,561 |
| Applicable income taxes | $478,000 | 3,958 |
| Income before extraordinary items | $1,015,000 | 4,462 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,015,000 | 4,461 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $267,000 | 2,012 |
| Cash dividends | $800,000 | 2,583 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,012,280 | 4,374 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $5,823,000 | 5,184 |
| Total interest expense | $2,719,000 | 5,082 |
| Net interest income | $3,104,000 | 5,162 |
| Provision for loan and lease losses | $103,000 | 5,098 |
| Total noninterest income | $325,000 | 6,397 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $276,000 | 4,331 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $49,000 | 8,480 |
| Total noninterest expense | $2,137,000 | 5,401 |
| Salaries and employee benefits | $900,000 | 6,287 |
| Premises and equipment expense | $229,000 | 6,363 |
| Additional noninterest expense | $1,008,000 | 3,873 |
| Pre-tax net operating income | $1,189,000 | 5,275 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $395,000 | 4,920 |
| Income before extraordinary items | $794,000 | 5,483 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $794,000 | 5,485 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $88,000 | 4,073 |
| Cash dividends | $1,050,000 | 2,075 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $794,000 | 5,433 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $3,997,000 | 6,874 |
| Total interest expense | $1,952,000 | 6,513 |
| Net interest income | $2,045,000 | 7,052 |
| Provision for loan and lease losses | $169,000 | 3,833 |
| Total noninterest income | $227,000 | 7,882 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $175,000 | 6,012 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $52,000 | 8,801 |
| Total noninterest expense | $1,097,000 | 8,338 |
| Salaries and employee benefits | $611,000 | 8,061 |
| Premises and equipment expense | $136,000 | 8,382 |
| Additional noninterest expense | $350,000 | 8,355 |
| Pre-tax net operating income | $1,006,000 | 5,719 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $312,000 | 5,714 |
| Income before extraordinary items | $694,000 | 5,784 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $694,000 | 5,785 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $53,000 | 5,188 |
| Cash dividends | $274,000 | 4,759 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $694,000 | 5,729 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $3,656,000 | 7,359 |
| Total interest expense | $1,911,000 | 6,665 |
| Net interest income | $1,745,000 | 7,904 |
| Provision for loan and lease losses | $141,000 | 3,765 |
| Total noninterest income | $158,000 | 9,172 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $108,000 | 7,593 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $50,000 | 9,224 |
| Total noninterest expense | $1,168,000 | 8,329 |
| Salaries and employee benefits | $619,000 | 8,248 |
| Premises and equipment expense | $136,000 | 8,625 |
| Additional noninterest expense | $413,000 | 8,058 |
| Pre-tax net operating income | $594,000 | 7,899 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $177,000 | 7,810 |
| Income before extraordinary items | $417,000 | 7,903 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $417,000 | 7,901 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $124,000 | 3,316 |
| Cash dividends | $38,000 | 8,029 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $417,000 | 7,877 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,195,000 | 7,767 |
| Total interest expense | $1,515,000 | 6,847 |
| Net interest income | $1,680,000 | 8,357 |
| Provision for loan and lease losses | $96,000 | 4,659 |
| Total noninterest income | $171,000 | 9,287 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $113,000 | 7,763 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $58,000 | 9,194 |
| Total noninterest expense | $1,180,000 | 8,690 |
| Salaries and employee benefits | $604,000 | 8,586 |
| Premises and equipment expense | $140,000 | 8,820 |
| Additional noninterest expense | $436,000 | 8,469 |
| Pre-tax net operating income | $575,000 | 8,156 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $175,000 | 7,810 |
| Income before extraordinary items | $400,000 | 8,198 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $400,000 | 8,201 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $81,000 | 4,134 |
| Cash dividends | $30,000 | 8,349 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $400,000 | 8,242 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,972,000 | 8,383 |
| Total interest expense | $1,325,000 | 7,794 |
| Net interest income | $1,647,000 | 8,652 |
| Provision for loan and lease losses | $46,000 | 7,689 |
| Total noninterest income | $153,000 | 10,142 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $106,000 | 8,210 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $47,000 | 10,262 |
| Total noninterest expense | $1,126,000 | 9,219 |
| Salaries and employee benefits | $614,000 | 8,684 |
| Premises and equipment expense | $129,000 | 9,507 |
| Additional noninterest expense | $383,000 | 9,447 |
| Pre-tax net operating income | $628,000 | 7,751 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $203,000 | 7,553 |
| Income before extraordinary items | $425,000 | 8,184 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $425,000 | 8,347 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $40,000 | 6,513 |
| Cash dividends | $23,000 | 8,627 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $425,000 | 7,912 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,961,000 | 9,063 |
| Total interest expense | $1,458,000 | 8,651 |
| Net interest income | $1,503,000 | 9,266 |
| Provision for loan and lease losses | $113,000 | 6,955 |
| Total noninterest income | $149,000 | 10,515 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $92,000 | 8,756 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $57,000 | 9,979 |
| Total noninterest expense | $1,033,000 | 9,837 |
| Salaries and employee benefits | $552,000 | 9,256 |
| Premises and equipment expense | $108,000 | 10,453 |
| Additional noninterest expense | $373,000 | 9,907 |
| Pre-tax net operating income | $506,000 | 8,366 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $165,000 | 8,276 |
| Income before extraordinary items | $341,000 | 8,811 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $341,000 | 8,950 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $60,000 | 7,125 |
| Cash dividends | $19,000 | 8,514 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $341,000 | 8,446 |
* 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.