Home > First Virginia Bank of Augusta > Income and Expense
First Virginia Bank of Augusta, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,823,000 | 4,416 |
| Total interest expense | $2,232,000 | 5,309 |
| Net interest income | $4,591,000 | 3,857 |
| Provision for loan and lease losses | $62,000 | 6,899 |
| Total noninterest income | $539,000 | 5,321 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $338,000 | 4,001 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $201,000 | 5,660 |
| Total noninterest expense | $3,037,000 | 4,460 |
| Salaries and employee benefits | $1,242,000 | 5,084 |
| Premises and equipment expense | $293,000 | 5,976 |
| Additional noninterest expense | $1,502,000 | 3,501 |
| Pre-tax net operating income | $2,031,000 | 3,262 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $697,000 | 3,129 |
| Income before extraordinary items | $1,334,000 | 3,616 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,334,000 | 3,729 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $22,000 | 7,578 |
| Cash dividends | $1,024,000 | 1,704 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,334,000 | 3,430 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $7,280,000 | 4,669 |
| Total interest expense | $2,827,000 | 5,433 |
| Net interest income | $4,453,000 | 4,040 |
| Provision for loan and lease losses | $180,000 | 5,503 |
| Total noninterest income | $545,000 | 5,305 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $342,000 | 3,998 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $203,000 | 5,628 |
| Total noninterest expense | $2,885,000 | 4,690 |
| Salaries and employee benefits | $1,171,000 | 5,283 |
| Premises and equipment expense | $284,000 | 6,214 |
| Additional noninterest expense | $1,430,000 | 3,732 |
| Pre-tax net operating income | $1,933,000 | 3,197 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $645,000 | 3,231 |
| Income before extraordinary items | $1,288,000 | 3,566 |
| Extraordinary gains, net | $-31,000 | 13,543 |
| Net income | $1,257,000 | 3,693 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $41,000 | 7,980 |
| Cash dividends | $706,000 | 2,107 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,288,000 | 3,301 |
* 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.