Home > First Virginia Bank - Southside > Income and Expense

First Virginia Bank - Southside, Income and Expense

1994-12-31 (YTD Data)Rank
Total interest income$9,441,0003,202
Total interest expense$3,022,0003,937
Net interest income$6,419,0002,819
Provision for loan and lease losses$134,0003,843
Total noninterest income$1,116,0002,870
Gross Fiduciary activities income$219,000995
Service charges on deposit accounts$682,0001,976
Trading account gains and fees$0475
Additional Noninterest Income$215,0005,040
Total noninterest expense$4,066,0003,382
Salaries and employee benefits$1,657,0003,918
Premises and equipment expense$268,0006,210
Additional noninterest expense$2,141,0002,440
Pre-tax net operating income$3,335,0002,137
Securities gains (losses)$5,0002,624
Applicable income taxes$1,097,0002,055
Income before extraordinary items$2,243,0002,185
Extraordinary gains, net$0249
Net income$2,243,0002,183
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$69,0004,456
Cash dividends$2,290,000992
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$2,239,6502,208
1993-12-31 (YTD Data)Rank
Total interest income$9,505,0003,256
Total interest expense$3,199,0003,896
Net interest income$6,306,0002,879
Provision for loan and lease losses$144,0004,763
Total noninterest income$1,010,0003,317
Gross Fiduciary activities income$182,0001,075
Service charges on deposit accounts$637,0002,153
Trading account gains and fees$0532
Additional Noninterest Income$191,0005,807
Total noninterest expense$3,983,0003,506
Salaries and employee benefits$1,645,0003,936
Premises and equipment expense$285,0006,106
Additional noninterest expense$2,053,0002,669
Pre-tax net operating income$3,189,0002,140
Securities gains (losses)$2,0006,773
Applicable income taxes$968,0002,337
Income before extraordinary items$2,223,0002,252
Extraordinary gains, net$03,149
Net income$2,223,0002,333
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$49,0006,087
Cash dividends$2,052,000982
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$2,221,6002,118
1992-12-31 (YTD Data)Rank
Total interest income$10,255,0003,401
Total interest expense$4,245,0003,860
Net interest income$6,010,0003,044
Provision for loan and lease losses$220,0004,962
Total noninterest income$890,0003,650
Gross Fiduciary activities income$142,0001,160
Service charges on deposit accounts$567,0002,443
Trading account gains and fees$0504
Additional Noninterest Income$181,0006,009
Total noninterest expense$3,900,0003,585
Salaries and employee benefits$1,539,0004,134
Premises and equipment expense$298,0006,009
Additional noninterest expense$2,063,0002,723
Pre-tax net operating income$2,780,0002,215
Securities gains (losses)$34,0004,785
Applicable income taxes$760,0002,736
Income before extraordinary items$2,054,0002,230
Extraordinary gains, net$-76,00013,624
Net income$1,978,0002,353
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$115,0005,553
Cash dividends$1,944,000887
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$2,029,1802,077

* 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.