Home > First Virginia Bank - Piedmont > Income and Expense
First Virginia Bank - Piedmont, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $16,815,000 | 1,924 |
| Total interest expense | $6,592,000 | 2,292 |
| Net interest income | $10,223,000 | 1,674 |
| Provision for loan and lease losses | $416,000 | 2,009 |
| Total noninterest income | $1,524,000 | 2,243 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $1,089,000 | 1,159 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $435,000 | 3,248 |
| Total noninterest expense | $6,732,000 | 1,943 |
| Salaries and employee benefits | $2,745,000 | 2,463 |
| Premises and equipment expense | $435,000 | 4,136 |
| Additional noninterest expense | $3,552,000 | 1,253 |
| Pre-tax net operating income | $4,599,000 | 1,608 |
| Securities gains (losses) | $1,000 | 4,151 |
| Applicable income taxes | $1,610,000 | 1,524 |
| Income before extraordinary items | $2,990,000 | 1,758 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $2,990,000 | 1,758 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $410,000 | 1,475 |
| Cash dividends | $2,760,000 | 1,051 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $2,989,350 | 1,685 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $16,384,000 | 1,992 |
| Total interest expense | $6,265,000 | 2,403 |
| Net interest income | $10,119,000 | 1,725 |
| Provision for loan and lease losses | $478,000 | 1,846 |
| Total noninterest income | $1,487,000 | 2,207 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $1,047,000 | 1,208 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $440,000 | 3,091 |
| Total noninterest expense | $6,522,000 | 1,978 |
| Salaries and employee benefits | $2,626,000 | 2,523 |
| Premises and equipment expense | $413,000 | 4,341 |
| Additional noninterest expense | $3,483,000 | 1,258 |
| Pre-tax net operating income | $4,606,000 | 1,669 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $1,606,000 | 1,611 |
| Income before extraordinary items | $3,000,000 | 1,777 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $3,000,000 | 1,775 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $571,000 | 1,211 |
| Cash dividends | $3,380,000 | 851 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $3,000,000 | 1,734 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $16,185,000 | 2,086 |
| Total interest expense | $6,319,000 | 2,444 |
| Net interest income | $9,866,000 | 1,797 |
| Provision for loan and lease losses | $409,000 | 2,051 |
| Total noninterest income | $1,500,000 | 2,298 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $1,065,000 | 1,252 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $435,000 | 3,214 |
| Total noninterest expense | $6,498,000 | 2,127 |
| Salaries and employee benefits | $2,691,000 | 2,478 |
| Premises and equipment expense | $415,000 | 4,408 |
| Additional noninterest expense | $3,392,000 | 1,563 |
| Pre-tax net operating income | $4,459,000 | 1,625 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $1,523,000 | 1,577 |
| Income before extraordinary items | $2,936,000 | 1,690 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $2,936,000 | 1,691 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $453,000 | 1,542 |
| Cash dividends | $2,719,000 | 1,036 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $2,936,000 | 1,655 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $16,063,000 | 2,090 |
| Total interest expense | $6,576,000 | 2,362 |
| Net interest income | $9,487,000 | 1,883 |
| Provision for loan and lease losses | $196,000 | 3,066 |
| Total noninterest income | $1,379,000 | 2,432 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $987,000 | 1,378 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $392,000 | 3,347 |
| Total noninterest expense | $6,469,000 | 2,127 |
| Salaries and employee benefits | $2,693,000 | 2,483 |
| Premises and equipment expense | $410,000 | 4,442 |
| Additional noninterest expense | $3,366,000 | 1,535 |
| Pre-tax net operating income | $4,201,000 | 1,759 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $1,486,000 | 1,655 |
| Income before extraordinary items | $2,715,000 | 1,857 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $2,715,000 | 1,856 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $157,000 | 2,928 |
| Cash dividends | $2,220,000 | 1,141 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $2,715,000 | 1,834 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $15,715,000 | 1,960 |
| Total interest expense | $5,347,000 | 2,314 |
| Net interest income | $10,368,000 | 1,745 |
| Provision for loan and lease losses | $122,000 | 4,017 |
| Total noninterest income | $1,409,000 | 2,421 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $971,000 | 1,377 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $438,000 | 3,221 |
| Total noninterest expense | $6,469,000 | 2,178 |
| Salaries and employee benefits | $2,609,000 | 2,554 |
| Premises and equipment expense | $421,000 | 4,395 |
| Additional noninterest expense | $3,439,000 | 1,616 |
| Pre-tax net operating income | $5,186,000 | 1,423 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $1,811,000 | 1,311 |
| Income before extraordinary items | $3,375,000 | 1,461 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,375,000 | 1,461 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $47,000 | 5,238 |
| Cash dividends | $4,008,000 | 651 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,375,000 | 1,472 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $16,366,000 | 1,914 |
| Total interest expense | $5,575,000 | 2,324 |
| Net interest income | $10,791,000 | 1,683 |
| Provision for loan and lease losses | $297,000 | 3,058 |
| Total noninterest income | $1,332,000 | 2,688 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $918,000 | 1,475 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $414,000 | 3,676 |
| Total noninterest expense | $6,420,000 | 2,257 |
| Salaries and employee benefits | $2,589,000 | 2,559 |
| Premises and equipment expense | $388,000 | 4,834 |
| Additional noninterest expense | $3,443,000 | 1,706 |
| Pre-tax net operating income | $5,406,000 | 1,288 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $1,872,000 | 1,277 |
| Income before extraordinary items | $3,534,000 | 1,445 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $3,534,000 | 1,483 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $206,000 | 3,087 |
| Cash dividends | $2,340,000 | 887 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $3,534,000 | 1,358 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $17,508,000 | 2,027 |
| Total interest expense | $7,168,000 | 2,349 |
| Net interest income | $10,340,000 | 1,772 |
| Provision for loan and lease losses | $495,000 | 3,027 |
| Total noninterest income | $1,287,000 | 2,698 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $893,000 | 1,515 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $394,000 | 3,746 |
| Total noninterest expense | $6,196,000 | 2,349 |
| Salaries and employee benefits | $2,442,000 | 2,656 |
| Premises and equipment expense | $395,000 | 4,841 |
| Additional noninterest expense | $3,359,000 | 1,808 |
| Pre-tax net operating income | $4,936,000 | 1,288 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $1,667,000 | 1,331 |
| Income before extraordinary items | $3,269,000 | 1,419 |
| Extraordinary gains, net | $14,000 | 1,291 |
| Net income | $3,283,000 | 1,417 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $332,000 | 3,150 |
| Cash dividends | $2,032,000 | 828 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $3,269,000 | 1,308 |
* 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.