Home > First Federal Savings Bank of Lynchburg > Income and Expense
First Federal Savings Bank of Lynchburg, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $43,729,000 | 787 |
| Total interest expense | $24,104,000 | 695 |
| Net interest income | $19,625,000 | 911 |
| Provision for loan and lease losses | $150,000 | 4,117 |
| Total noninterest income | $1,409,000 | 2,318 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,409,000 | 1,383 |
| Total noninterest expense | $11,379,000 | 1,172 |
| Salaries and employee benefits | $7,876,000 | 843 |
| Premises and equipment expense | $2,228,000 | 900 |
| Additional noninterest expense | $1,275,000 | 3,172 |
| Pre-tax net operating income | $9,505,000 | 851 |
| Securities gains (losses) | $202,000 | 702 |
| Applicable income taxes | $3,400,000 | 839 |
| Income before extraordinary items | $6,307,000 | 879 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $6,307,000 | 881 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $49,000 | 5,177 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $6,175,700 | 871 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $40,992,000 | 855 |
| Total interest expense | $21,826,000 | 780 |
| Net interest income | $19,166,000 | 960 |
| Provision for loan and lease losses | $60,000 | 6,086 |
| Total noninterest income | $1,105,000 | 2,873 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,105,000 | 1,691 |
| Total noninterest expense | $12,563,000 | 1,163 |
| Salaries and employee benefits | $6,161,000 | 1,090 |
| Premises and equipment expense | $2,373,000 | 918 |
| Additional noninterest expense | $4,029,000 | 1,348 |
| Pre-tax net operating income | $7,648,000 | 996 |
| Securities gains (losses) | $209,000 | 675 |
| Applicable income taxes | $2,794,000 | 927 |
| Income before extraordinary items | $5,063,000 | 1,033 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $5,063,000 | 1,034 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-33,000 | 10,875 |
| Cash dividends | $20,000,000 | 276 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $4,929,240 | 1,040 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $37,629,000 | 947 |
| Total interest expense | $20,729,000 | 855 |
| Net interest income | $16,900,000 | 1,083 |
| Provision for loan and lease losses | $255,000 | 2,517 |
| Total noninterest income | $916,000 | 3,323 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $916,000 | 1,919 |
| Total noninterest expense | $9,194,000 | 1,548 |
| Salaries and employee benefits | $5,320,000 | 1,256 |
| Premises and equipment expense | $2,070,000 | 1,037 |
| Additional noninterest expense | $1,804,000 | 2,624 |
| Pre-tax net operating income | $8,367,000 | 945 |
| Securities gains (losses) | $210,000 | 654 |
| Applicable income taxes | $3,100,000 | 900 |
| Income before extraordinary items | $5,477,000 | 970 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $5,477,000 | 970 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $92,000 | 3,939 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $5,342,600 | 986 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $29,357,000 | 1,078 |
| Total interest expense | $15,248,000 | 896 |
| Net interest income | $14,109,000 | 1,285 |
| Provision for loan and lease losses | $600,000 | 1,325 |
| Total noninterest income | $934,000 | 3,267 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $934,000 | 1,924 |
| Total noninterest expense | $7,553,000 | 1,908 |
| Salaries and employee benefits | $4,090,000 | 1,635 |
| Premises and equipment expense | $1,879,000 | 1,127 |
| Additional noninterest expense | $1,584,000 | 3,152 |
| Pre-tax net operating income | $6,890,000 | 1,099 |
| Securities gains (losses) | $-6,000 | 9,509 |
| Applicable income taxes | $2,500,000 | 1,010 |
| Income before extraordinary items | $4,384,000 | 1,157 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $4,384,000 | 1,157 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $99,000 | 3,752 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $30,538,000 | 38 |
| Net operating income | $4,387,840 | 1,167 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $28,448,000 | 1,119 |
| Total interest expense | $14,726,000 | 945 |
| Net interest income | $13,722,000 | 1,315 |
| Provision for loan and lease losses | $900,000 | 1,396 |
| Total noninterest income | $1,635,000 | 2,280 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,635,000 | 1,452 |
| Total noninterest expense | $7,184,000 | 2,042 |
| Salaries and employee benefits | $3,710,000 | 1,807 |
| Premises and equipment expense | $1,848,000 | 1,155 |
| Additional noninterest expense | $1,626,000 | 3,271 |
| Pre-tax net operating income | $7,273,000 | 981 |
| Securities gains (losses) | $98,000 | 2,538 |
| Applicable income taxes | $2,779,000 | 920 |
| Income before extraordinary items | $4,592,000 | 1,135 |
| Extraordinary gains, net | $755,000 | 304 |
| Net income | $5,347,000 | 999 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $684,000 | 1,456 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $4,529,280 | 1,061 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $29,914,000 | 1,227 |
| Total interest expense | $17,742,000 | 1,022 |
| Net interest income | $12,172,000 | 1,512 |
| Provision for loan and lease losses | $1,160,000 | 1,684 |
| Total noninterest income | $1,369,000 | 2,569 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,369,000 | 1,609 |
| Total noninterest expense | $6,628,000 | 2,224 |
| Salaries and employee benefits | $3,213,000 | 2,050 |
| Premises and equipment expense | $1,798,000 | 1,216 |
| Additional noninterest expense | $1,617,000 | 3,379 |
| Pre-tax net operating income | $5,753,000 | 1,127 |
| Securities gains (losses) | $440,000 | 1,191 |
| Applicable income taxes | $2,277,000 | 1,013 |
| Income before extraordinary items | $3,916,000 | 1,194 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $3,916,000 | 1,197 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $74,000 | 6,645 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $3,634,400 | 1,186 |
* 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.