Home > FirstBank of the Midlands > Income and Expense
FirstBank of the Midlands, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $122,000 | 10,399 |
| Total interest expense | $34,000 | 10,359 |
| Net interest income | $88,000 | 10,392 |
| Provision for loan and lease losses | $13,000 | 8,046 |
| Total noninterest income | $2,000 | 10,382 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $1,000 | 9,040 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,000 | 10,352 |
| Total noninterest expense | $604,000 | 9,415 |
| Salaries and employee benefits | $122,000 | 10,333 |
| Premises and equipment expense | $77,000 | 9,215 |
| Additional noninterest expense | $405,000 | 7,178 |
| Pre-tax net operating income | $-527,000 | 10,199 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $-200,000 | 10,316 |
| Income before extraordinary items | $-327,000 | 10,141 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $-327,000 | 10,135 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,132 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $5,000,000 | 225 |
| Net operating income | $-327,000 | 10,112 |
* 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.