Home > First Farmers National Bank > Income and Expense
First Farmers National Bank, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,292,000 | 5,401 |
| Total interest expense | $2,183,000 | 5,197 |
| Net interest income | $3,109,000 | 5,462 |
| Provision for loan and lease losses | $30,000 | 7,083 |
| Total noninterest income | $472,000 | 5,498 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $152,000 | 6,839 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $320,000 | 3,914 |
| Total noninterest expense | $2,144,000 | 5,871 |
| Salaries and employee benefits | $1,059,000 | 5,807 |
| Premises and equipment expense | $375,000 | 4,835 |
| Additional noninterest expense | $710,000 | 6,248 |
| Pre-tax net operating income | $1,407,000 | 4,656 |
| Securities gains (losses) | $-99,000 | 11,519 |
| Applicable income taxes | $392,000 | 4,832 |
| Income before extraordinary items | $916,000 | 4,839 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $916,000 | 4,846 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-9,000 | 10,731 |
| Cash dividends | $450,000 | 3,436 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $985,300 | 4,632 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,089,000 | 5,690 |
| Total interest expense | $2,137,000 | 5,526 |
| Net interest income | $2,952,000 | 5,729 |
| Provision for loan and lease losses | $104,000 | 5,665 |
| Total noninterest income | $451,000 | 5,988 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $160,000 | 6,825 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $291,000 | 4,551 |
| Total noninterest expense | $2,048,000 | 6,208 |
| Salaries and employee benefits | $1,035,000 | 5,947 |
| Premises and equipment expense | $413,000 | 4,596 |
| Additional noninterest expense | $600,000 | 7,333 |
| Pre-tax net operating income | $1,251,000 | 5,027 |
| Securities gains (losses) | $87,000 | 2,698 |
| Applicable income taxes | $417,000 | 4,856 |
| Income before extraordinary items | $921,000 | 5,003 |
| Extraordinary gains, net | $113,000 | 1,463 |
| Net income | $1,034,000 | 4,701 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $62,000 | 5,605 |
| Cash dividends | $400,000 | 3,627 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $860,970 | 5,044 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,256,000 | 6,133 |
| Total interest expense | $2,606,000 | 5,782 |
| Net interest income | $2,650,000 | 6,317 |
| Provision for loan and lease losses | $114,000 | 6,935 |
| Total noninterest income | $323,000 | 7,426 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $101,000 | 8,491 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $222,000 | 5,329 |
| Total noninterest expense | $1,863,000 | 6,761 |
| Salaries and employee benefits | $879,000 | 6,742 |
| Premises and equipment expense | $374,000 | 5,066 |
| Additional noninterest expense | $610,000 | 7,418 |
| Pre-tax net operating income | $996,000 | 5,635 |
| Securities gains (losses) | $-407,000 | 13,889 |
| Applicable income taxes | $185,000 | 7,849 |
| Income before extraordinary items | $404,000 | 8,171 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $404,000 | 8,297 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,000 | 10,255 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $684,830 | 5,673 |
* 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.