Home > First State Bank of Covington, Tennessee > Income and Expense
First State Bank of Covington, Tennessee, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $10,328,000 | 3,125 |
| Total interest expense | $4,086,000 | 3,525 |
| Net interest income | $6,242,000 | 2,817 |
| Provision for loan and lease losses | $215,000 | 3,402 |
| Total noninterest income | $1,509,000 | 2,292 |
| Gross Fiduciary activities income | $1,000 | 1,355 |
| Service charges on deposit accounts | $960,000 | 1,363 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $548,000 | 2,788 |
| Total noninterest expense | $3,544,000 | 3,673 |
| Salaries and employee benefits | $2,163,000 | 3,194 |
| Premises and equipment expense | $555,000 | 3,470 |
| Additional noninterest expense | $826,000 | 4,668 |
| Pre-tax net operating income | $3,992,000 | 1,841 |
| Securities gains (losses) | $19,000 | 1,429 |
| Applicable income taxes | $1,393,000 | 1,693 |
| Income before extraordinary items | $2,618,000 | 2,022 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $2,618,000 | 2,022 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $213,000 | 2,302 |
| Cash dividends | $7,200,000 | 511 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $2,605,650 | 2,005 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $11,751,000 | 2,752 |
| Total interest expense | $5,281,000 | 2,846 |
| Net interest income | $6,470,000 | 2,649 |
| Provision for loan and lease losses | $723,000 | 1,272 |
| Total noninterest income | $1,417,000 | 2,368 |
| Gross Fiduciary activities income | $16,000 | 1,241 |
| Service charges on deposit accounts | $774,000 | 1,645 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $627,000 | 2,568 |
| Total noninterest expense | $5,688,000 | 2,301 |
| Salaries and employee benefits | $2,587,000 | 2,619 |
| Premises and equipment expense | $865,000 | 2,253 |
| Additional noninterest expense | $2,236,000 | 1,889 |
| Pre-tax net operating income | $1,476,000 | 4,229 |
| Securities gains (losses) | $29,000 | 2,139 |
| Applicable income taxes | $415,000 | 4,324 |
| Income before extraordinary items | $1,090,000 | 4,212 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,090,000 | 4,211 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $303,000 | 1,838 |
| Cash dividends | $1,319,000 | 1,825 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,069,120 | 4,180 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $11,196,000 | 2,909 |
| Total interest expense | $4,985,000 | 2,984 |
| Net interest income | $6,211,000 | 2,813 |
| Provision for loan and lease losses | $123,000 | 4,577 |
| Total noninterest income | $1,369,000 | 2,375 |
| Gross Fiduciary activities income | $30,000 | 1,236 |
| Service charges on deposit accounts | $794,000 | 1,639 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $545,000 | 2,668 |
| Total noninterest expense | $4,239,000 | 3,010 |
| Salaries and employee benefits | $2,319,000 | 2,858 |
| Premises and equipment expense | $769,000 | 2,511 |
| Additional noninterest expense | $1,151,000 | 3,464 |
| Pre-tax net operating income | $3,218,000 | 2,333 |
| Securities gains (losses) | $-52,000 | 10,655 |
| Applicable income taxes | $966,000 | 2,509 |
| Income before extraordinary items | $2,200,000 | 2,364 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,200,000 | 2,364 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $66,000 | 4,640 |
| Cash dividends | $1,147,000 | 1,961 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $2,235,880 | 2,283 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $10,523,000 | 3,121 |
| Total interest expense | $4,788,000 | 3,116 |
| Net interest income | $5,735,000 | 3,086 |
| Provision for loan and lease losses | $93,000 | 5,288 |
| Total noninterest income | $1,294,000 | 2,546 |
| Gross Fiduciary activities income | $21,000 | 1,345 |
| Service charges on deposit accounts | $742,000 | 1,827 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $531,000 | 2,808 |
| Total noninterest expense | $4,067,000 | 3,301 |
| Salaries and employee benefits | $2,222,000 | 3,001 |
| Premises and equipment expense | $759,000 | 2,578 |
| Additional noninterest expense | $1,086,000 | 4,107 |
| Pre-tax net operating income | $2,869,000 | 2,464 |
| Securities gains (losses) | $3,000 | 3,304 |
| Applicable income taxes | $838,000 | 2,728 |
| Income before extraordinary items | $2,034,000 | 2,416 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $2,034,000 | 2,417 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $109,000 | 3,762 |
| Cash dividends | $750,000 | 2,610 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $2,031,870 | 2,375 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $10,112,000 | 3,252 |
| Total interest expense | $4,742,000 | 3,168 |
| Net interest income | $5,370,000 | 3,310 |
| Provision for loan and lease losses | $132,000 | 3,911 |
| Total noninterest income | $1,119,000 | 2,854 |
| Gross Fiduciary activities income | $16,000 | 1,430 |
| Service charges on deposit accounts | $715,000 | 1,890 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $388,000 | 3,366 |
| Total noninterest expense | $3,951,000 | 3,362 |
| Salaries and employee benefits | $2,081,000 | 3,187 |
| Premises and equipment expense | $730,000 | 2,697 |
| Additional noninterest expense | $1,140,000 | 3,919 |
| Pre-tax net operating income | $2,406,000 | 2,956 |
| Securities gains (losses) | $8,000 | 2,536 |
| Applicable income taxes | $674,000 | 3,352 |
| Income before extraordinary items | $1,740,000 | 2,834 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,740,000 | 2,832 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 7,680 |
| Cash dividends | $650,000 | 2,777 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,734,240 | 2,800 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $9,017,000 | 3,325 |
| Total interest expense | $3,797,000 | 3,220 |
| Net interest income | $5,220,000 | 3,426 |
| Provision for loan and lease losses | $150,000 | 3,586 |
| Total noninterest income | $962,000 | 3,200 |
| Gross Fiduciary activities income | $27,000 | 1,394 |
| Service charges on deposit accounts | $570,000 | 2,382 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $365,000 | 3,622 |
| Total noninterest expense | $3,911,000 | 3,495 |
| Salaries and employee benefits | $1,967,000 | 3,338 |
| Premises and equipment expense | $697,000 | 2,841 |
| Additional noninterest expense | $1,247,000 | 3,921 |
| Pre-tax net operating income | $2,121,000 | 3,265 |
| Securities gains (losses) | $-29,000 | 10,630 |
| Applicable income taxes | $458,000 | 4,327 |
| Income before extraordinary items | $1,634,000 | 2,944 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,634,000 | 2,950 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $177,000 | 2,702 |
| Cash dividends | $620,000 | 2,738 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,656,620 | 2,936 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $8,575,000 | 3,581 |
| Total interest expense | $3,575,000 | 3,510 |
| Net interest income | $5,000,000 | 3,570 |
| Provision for loan and lease losses | $120,000 | 5,200 |
| Total noninterest income | $959,000 | 3,453 |
| Gross Fiduciary activities income | $12,000 | 1,489 |
| Service charges on deposit accounts | $555,000 | 2,491 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $392,000 | 3,800 |
| Total noninterest expense | $3,787,000 | 3,659 |
| Salaries and employee benefits | $1,985,000 | 3,309 |
| Premises and equipment expense | $583,000 | 3,419 |
| Additional noninterest expense | $1,219,000 | 4,140 |
| Pre-tax net operating income | $2,052,000 | 3,235 |
| Securities gains (losses) | $-21,000 | 12,925 |
| Applicable income taxes | $424,000 | 4,798 |
| Income before extraordinary items | $1,607,000 | 3,040 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,607,000 | 3,129 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $69,000 | 5,361 |
| Cash dividends | $560,000 | 2,802 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,623,590 | 2,847 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $8,812,000 | 3,935 |
| Total interest expense | $4,127,000 | 3,960 |
| Net interest income | $4,685,000 | 3,860 |
| Provision for loan and lease losses | $140,000 | 6,292 |
| Total noninterest income | $821,000 | 3,906 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $494,000 | 2,815 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $327,000 | 4,194 |
| Total noninterest expense | $3,541,000 | 3,891 |
| Salaries and employee benefits | $1,843,000 | 3,470 |
| Premises and equipment expense | $506,000 | 3,922 |
| Additional noninterest expense | $1,192,000 | 4,365 |
| Pre-tax net operating income | $1,825,000 | 3,381 |
| Securities gains (losses) | $3,000 | 7,429 |
| Applicable income taxes | $424,000 | 4,586 |
| Income before extraordinary items | $1,404,000 | 3,267 |
| Extraordinary gains, net | $-50,000 | 13,585 |
| Net income | $1,354,000 | 3,433 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $83,000 | 6,366 |
| Cash dividends | $500,000 | 2,760 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,401,690 | 3,037 |
* 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.