Home > First Virginia Bank - Highlands > Income and Expense

First Virginia Bank - Highlands, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$9,597,0003,403
Total interest expense$4,101,0003,624
Net interest income$5,496,0003,225
Provision for loan and lease losses$198,0003,456
Total noninterest income$616,0004,500
Gross Fiduciary activities income$01,526
Service charges on deposit accounts$448,0003,020
Trading account gains and fees$0262
Additional Noninterest Income$168,0005,634
Total noninterest expense$2,754,0004,626
Salaries and employee benefits$920,0006,369
Premises and equipment expense$191,0007,191
Additional noninterest expense$1,643,0002,897
Pre-tax net operating income$3,160,0002,260
Securities gains (losses)$04,148
Applicable income taxes$1,105,0002,150
Income before extraordinary items$2,055,0002,402
Extraordinary gains, net$053
Net income$2,055,0002,403
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$181,0002,837
Cash dividends$2,414,0001,127
Sale, conversion, retirement of capital stock, net$0953
Net operating income$2,055,0002,351
1995-12-31 (YTD Data)Rank
Total interest income$9,273,0003,522
Total interest expense$4,088,0003,613
Net interest income$5,185,0003,414
Provision for loan and lease losses$140,0003,774
Total noninterest income$634,0004,402
Gross Fiduciary activities income$34,0001,348
Service charges on deposit accounts$447,0003,028
Trading account gains and fees$0522
Additional Noninterest Income$153,0005,925
Total noninterest expense$2,783,0004,553
Salaries and employee benefits$882,0006,646
Premises and equipment expense$204,0007,109
Additional noninterest expense$1,697,0002,758
Pre-tax net operating income$2,896,0002,498
Securities gains (losses)$03,831
Applicable income taxes$983,0002,420
Income before extraordinary items$1,913,0002,613
Extraordinary gains, net$065
Net income$1,913,0002,612
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$69,0004,528
Cash dividends$1,483,0001,532
Sale, conversion, retirement of capital stock, net$0809
Net operating income$1,913,0002,583
1994-12-31 (YTD Data)Rank
Total interest income$8,836,0003,401
Total interest expense$3,449,0003,490
Net interest income$5,387,0003,328
Provision for loan and lease losses$78,0005,081
Total noninterest income$622,0004,540
Gross Fiduciary activities income$43,0001,333
Service charges on deposit accounts$429,0003,172
Trading account gains and fees$0475
Additional Noninterest Income$150,0006,205
Total noninterest expense$2,812,0004,661
Salaries and employee benefits$888,0006,717
Premises and equipment expense$198,0007,470
Additional noninterest expense$1,726,0002,931
Pre-tax net operating income$3,119,0002,271
Securities gains (losses)$03,600
Applicable income taxes$1,042,0002,141
Income before extraordinary items$2,077,0002,340
Extraordinary gains, net$0249
Net income$2,077,0002,338
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$39,0005,574
Cash dividends$2,105,0001,059
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$2,077,0002,362
1993-12-31 (YTD Data)Rank
Total interest income$9,392,0003,295
Total interest expense$3,666,0003,428
Net interest income$5,726,0003,164
Provision for loan and lease losses$129,0005,042
Total noninterest income$574,0005,106
Gross Fiduciary activities income$36,0001,390
Service charges on deposit accounts$402,0003,426
Trading account gains and fees$0532
Additional Noninterest Income$136,0006,879
Total noninterest expense$2,838,0004,729
Salaries and employee benefits$940,0006,476
Premises and equipment expense$196,0007,757
Additional noninterest expense$1,702,0003,131
Pre-tax net operating income$3,333,0002,042
Securities gains (losses)$2,0006,773
Applicable income taxes$1,082,0002,094
Income before extraordinary items$2,253,0002,220
Extraordinary gains, net$03,149
Net income$2,253,0002,298
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$18,0007,896
Cash dividends$2,096,000974
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$2,251,6402,090
1992-12-31 (YTD Data)Rank
Total interest income$10,161,0003,437
Total interest expense$4,587,0003,581
Net interest income$5,574,0003,286
Provision for loan and lease losses$141,0006,280
Total noninterest income$552,0005,273
Gross Fiduciary activities income$32,0001,429
Service charges on deposit accounts$375,0003,697
Trading account gains and fees$0504
Additional Noninterest Income$145,0006,767
Total noninterest expense$2,694,0004,973
Salaries and employee benefits$876,0006,758
Premises and equipment expense$194,0007,976
Additional noninterest expense$1,624,0003,372
Pre-tax net operating income$3,291,0001,885
Securities gains (losses)$-2,00012,861
Applicable income taxes$1,000,0002,115
Income before extraordinary items$2,289,0002,005
Extraordinary gains, net$-31,00013,543
Net income$2,258,0002,062
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$42,0007,942
Cash dividends$2,185,000782
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$2,290,4001,839

* 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.