Home > First Virginia Bank - Clinch Valley > Income and Expense
First Virginia Bank - Clinch Valley, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $20,353,000 | 1,598 |
| Total interest expense | $7,896,000 | 1,942 |
| Net interest income | $12,457,000 | 1,360 |
| Provision for loan and lease losses | $123,000 | 4,579 |
| Total noninterest income | $1,257,000 | 2,594 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $803,000 | 1,578 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $454,000 | 3,166 |
| Total noninterest expense | $7,813,000 | 1,684 |
| Salaries and employee benefits | $3,163,000 | 2,141 |
| Premises and equipment expense | $733,000 | 2,661 |
| Additional noninterest expense | $3,917,000 | 1,140 |
| Pre-tax net operating income | $5,778,000 | 1,298 |
| Securities gains (losses) | $10,000 | 2,952 |
| Applicable income taxes | $1,605,000 | 1,530 |
| Income before extraordinary items | $4,183,000 | 1,280 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $4,183,000 | 1,280 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $308,000 | 1,823 |
| Cash dividends | $5,415,000 | 608 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $4,175,800 | 1,231 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $21,330,000 | 1,543 |
| Total interest expense | $8,576,000 | 1,808 |
| Net interest income | $12,754,000 | 1,363 |
| Provision for loan and lease losses | $418,000 | 2,037 |
| Total noninterest income | $1,225,000 | 2,590 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $871,000 | 1,482 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $354,000 | 3,558 |
| Total noninterest expense | $7,393,000 | 1,759 |
| Salaries and employee benefits | $3,272,000 | 2,009 |
| Premises and equipment expense | $762,000 | 2,535 |
| Additional noninterest expense | $3,359,000 | 1,305 |
| Pre-tax net operating income | $6,168,000 | 1,272 |
| Securities gains (losses) | $1,000 | 3,559 |
| Applicable income taxes | $1,570,000 | 1,648 |
| Income before extraordinary items | $4,599,000 | 1,194 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $4,599,000 | 1,195 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $446,000 | 1,470 |
| Cash dividends | $4,288,000 | 705 |
| Sale, conversion, retirement of capital stock, net | $22,704,000 | 42 |
| Net operating income | $4,598,250 | 1,169 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,382,000 | 4,942 |
| Total interest expense | $2,657,000 | 5,286 |
| Net interest income | $3,725,000 | 4,579 |
| Provision for loan and lease losses | $273,000 | 2,788 |
| Total noninterest income | $456,000 | 5,494 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $314,000 | 4,085 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $142,000 | 6,132 |
| Total noninterest expense | $2,236,000 | 5,470 |
| Salaries and employee benefits | $844,000 | 6,751 |
| Premises and equipment expense | $178,000 | 7,473 |
| Additional noninterest expense | $1,214,000 | 3,745 |
| Pre-tax net operating income | $1,672,000 | 3,989 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $599,000 | 3,594 |
| Income before extraordinary items | $1,073,000 | 4,230 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,073,000 | 4,231 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $268,000 | 2,245 |
| Cash dividends | $976,000 | 2,202 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,073,000 | 4,174 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,390,000 | 4,923 |
| Total interest expense | $2,896,000 | 4,915 |
| Net interest income | $3,494,000 | 4,883 |
| Provision for loan and lease losses | $137,000 | 3,822 |
| Total noninterest income | $443,000 | 5,602 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $317,000 | 4,096 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $126,000 | 6,498 |
| Total noninterest expense | $2,253,000 | 5,451 |
| Salaries and employee benefits | $832,000 | 6,939 |
| Premises and equipment expense | $180,000 | 7,598 |
| Additional noninterest expense | $1,241,000 | 3,640 |
| Pre-tax net operating income | $1,547,000 | 4,341 |
| Securities gains (losses) | $5,000 | 2,809 |
| Applicable income taxes | $551,000 | 3,897 |
| Income before extraordinary items | $1,001,000 | 4,625 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,001,000 | 4,624 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $158,000 | 2,910 |
| Cash dividends | $1,008,000 | 2,000 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $997,800 | 4,612 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $6,523,000 | 4,506 |
| Total interest expense | $2,335,000 | 4,924 |
| Net interest income | $4,188,000 | 4,200 |
| Provision for loan and lease losses | $96,000 | 4,659 |
| Total noninterest income | $428,000 | 5,881 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $280,000 | 4,611 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $148,000 | 6,243 |
| Total noninterest expense | $2,250,000 | 5,634 |
| Salaries and employee benefits | $843,000 | 6,962 |
| Premises and equipment expense | $176,000 | 7,948 |
| Additional noninterest expense | $1,231,000 | 3,963 |
| Pre-tax net operating income | $2,270,000 | 3,086 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $770,000 | 2,865 |
| Income before extraordinary items | $1,500,000 | 3,176 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,500,000 | 3,188 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $70,000 | 4,425 |
| Cash dividends | $1,584,000 | 1,342 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,500,000 | 3,202 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,483,000 | 4,624 |
| Total interest expense | $2,170,000 | 5,440 |
| Net interest income | $4,313,000 | 4,115 |
| Provision for loan and lease losses | $181,000 | 4,118 |
| Total noninterest income | $402,000 | 6,453 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $275,000 | 4,756 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $127,000 | 7,107 |
| Total noninterest expense | $2,272,000 | 5,722 |
| Salaries and employee benefits | $881,000 | 6,833 |
| Premises and equipment expense | $187,000 | 7,960 |
| Additional noninterest expense | $1,204,000 | 4,176 |
| Pre-tax net operating income | $2,262,000 | 2,963 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $718,000 | 3,046 |
| Income before extraordinary items | $1,545,000 | 3,153 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,545,000 | 3,243 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $66,000 | 5,461 |
| Cash dividends | $1,448,000 | 1,322 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,544,320 | 2,976 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $7,172,000 | 4,724 |
| Total interest expense | $2,901,000 | 5,300 |
| Net interest income | $4,271,000 | 4,195 |
| Provision for loan and lease losses | $177,000 | 5,621 |
| Total noninterest income | $405,000 | 6,497 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $270,000 | 4,830 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $135,000 | 7,019 |
| Total noninterest expense | $2,300,000 | 5,686 |
| Salaries and employee benefits | $859,000 | 6,875 |
| Premises and equipment expense | $202,000 | 7,788 |
| Additional noninterest expense | $1,239,000 | 4,224 |
| Pre-tax net operating income | $2,199,000 | 2,840 |
| Securities gains (losses) | $2,000 | 7,695 |
| Applicable income taxes | $628,000 | 3,302 |
| Income before extraordinary items | $1,573,000 | 2,929 |
| Extraordinary gains, net | $-28,000 | 13,532 |
| Net income | $1,545,000 | 3,026 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $103,000 | 5,843 |
| Cash dividends | $1,489,000 | 1,111 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,571,580 | 2,704 |
* 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.