Home > Hanover Bank > Income and Expense

Hanover Bank, Income and Expense

2006-03-31 (YTD Data)		Rank
Total interest income	$2,125,000	3,894
Total interest expense	$903,000	3,532
Net interest income	$1,222,000	4,110
Provision for loan and lease losses	$54,000	3,025
Total noninterest income	$111,000	5,380
Gross Fiduciary activities income	$0	1,380
Service charges on deposit accounts	$69,000	4,247
Trading account gains and fees	$0	115
Additional Noninterest Income	$42,000	5,444
Total noninterest expense	$962,000	4,118
Salaries and employee benefits	$384,000	5,150
Premises and equipment expense	$130,000	4,188
Additional noninterest expense	$448,000	2,814
Pre-tax net operating income	$317,000	4,817
Securities gains (losses)	$0	955
Applicable income taxes	$100,000	3,594
Income before extraordinary items	$217,000	5,152
Extraordinary gains, net	$0	21
Net income	$217,000	5,152
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$23,000	2,212
Cash dividends	$0	3,943
Sale, conversion, retirement of capital stock, net	$0	648
Net operating income	$217,000	5,147
2005-12-31 (YTD Data)		Rank
Total interest income	$7,189,000	4,062
Total interest expense	$2,695,000	3,619
Net interest income	$4,494,000	4,261
Provision for loan and lease losses	$92,000	4,951
Total noninterest income	$374,000	5,862
Gross Fiduciary activities income	$0	1,557
Service charges on deposit accounts	$260,000	4,501
Trading account gains and fees	$0	138
Additional Noninterest Income	$114,000	6,200
Total noninterest expense	$3,849,000	3,982
Salaries and employee benefits	$1,704,000	4,653
Premises and equipment expense	$501,000	4,166
Additional noninterest expense	$1,644,000	3,008
Pre-tax net operating income	$927,000	5,563
Securities gains (losses)	$24,000	1,190
Applicable income taxes	$296,000	4,152
Income before extraordinary items	$655,000	5,798
Extraordinary gains, net	$0	46
Net income	$655,000	5,802
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$45,000	4,418
Cash dividends	$0	6,054
Sale, conversion, retirement of capital stock, net	$2,200,000	388
Net operating income	$638,440	5,833
2005-09-30 (YTD Data)		Rank
Total interest income	$5,184,000	4,128
Total interest expense	$1,906,000	3,634
Net interest income	$3,278,000	4,359
Provision for loan and lease losses	$28,000	5,891
Total noninterest income	$285,000	5,878
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$189,000	4,590
Trading account gains and fees	$0	126
Additional Noninterest Income	$96,000	6,008
Total noninterest expense	$2,931,000	3,896
Salaries and employee benefits	$1,327,000	4,502
Premises and equipment expense	$458,000	3,599
Additional noninterest expense	$1,146,000	3,146
Pre-tax net operating income	$604,000	5,993
Securities gains (losses)	$24,000	1,156
Applicable income taxes	$198,000	4,432
Income before extraordinary items	$430,000	6,221
Extraordinary gains, net	$0	35
Net income	$430,000	6,225
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$32,000	4,057
Cash dividends	$0	5,317
Sale, conversion, retirement of capital stock, net	$2,200,000	288
Net operating income	$413,680	6,254
2005-06-30 (YTD Data)		Rank
Total interest income	$3,329,000	4,178
Total interest expense	$1,178,000	3,663
Net interest income	$2,151,000	4,381
Provision for loan and lease losses	$-41,000	8,692
Total noninterest income	$169,000	6,107
Gross Fiduciary activities income	$0	1,480
Service charges on deposit accounts	$122,000	4,619
Trading account gains and fees	$0	116
Additional Noninterest Income	$47,000	6,506
Total noninterest expense	$2,031,000	3,769
Salaries and employee benefits	$953,000	4,224
Premises and equipment expense	$301,000	3,616
Additional noninterest expense	$777,000	3,095
Pre-tax net operating income	$330,000	6,403
Securities gains (losses)	$24,000	1,040
Applicable income taxes	$112,000	4,664
Income before extraordinary items	$242,000	6,583
Extraordinary gains, net	$0	30
Net income	$242,000	6,584
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$46,000	2,825
Cash dividends	$0	5,072
Sale, conversion, retirement of capital stock, net	$2,200,000	190
Net operating income	$225,680	6,658
2005-03-31 (YTD Data)		Rank
Total interest income	$1,612,000	4,259
Total interest expense	$575,000	3,627
Net interest income	$1,037,000	4,505
Provision for loan and lease losses	$-116,000	8,838
Total noninterest income	$76,000	6,278
Gross Fiduciary activities income	$0	1,418
Service charges on deposit accounts	$51,000	4,944
Trading account gains and fees	$0	115
Additional Noninterest Income	$25,000	6,471
Total noninterest expense	$1,053,000	3,701
Salaries and employee benefits	$523,000	3,959
Premises and equipment expense	$119,000	4,321
Additional noninterest expense	$411,000	2,947
Pre-tax net operating income	$176,000	6,238
Securities gains (losses)	$24,000	734
Applicable income taxes	$47,000	4,839
Income before extraordinary items	$153,000	6,049
Extraordinary gains, net	$0	24
Net income	$153,000	6,050
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$26,000	2,325
Cash dividends	$0	3,863
Sale, conversion, retirement of capital stock, net	$2,200,000	91
Net operating income	$134,760	6,287
2004-12-31 (YTD Data)		Rank
Total interest income	$6,495,000	4,023
Total interest expense	$2,458,000	3,090
Net interest income	$4,037,000	4,451
Provision for loan and lease losses	$219,000	3,556
Total noninterest income	$298,000	6,420
Gross Fiduciary activities income	$0	1,582
Service charges on deposit accounts	$236,000	4,870
Trading account gains and fees	$0	138
Additional Noninterest Income	$62,000	7,147
Total noninterest expense	$3,810,000	3,896
Salaries and employee benefits	$1,873,000	4,204
Premises and equipment expense	$491,000	4,145
Additional noninterest expense	$1,446,000	3,215
Pre-tax net operating income	$306,000	7,417
Securities gains (losses)	$22,000	2,338
Applicable income taxes	$76,000	5,762
Income before extraordinary items	$252,000	7,419
Extraordinary gains, net	$0	34
Net income	$252,000	7,419
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$219,000	2,445
Cash dividends	$0	6,149
Sale, conversion, retirement of capital stock, net	$0	872
Net operating income	$235,060	7,438
2004-09-30 (YTD Data)		Rank
Total interest income	$4,876,000	4,005
Total interest expense	$1,835,000	3,055
Net interest income	$3,041,000	4,421
Provision for loan and lease losses	$142,000	3,646
Total noninterest income	$237,000	6,329
Gross Fiduciary activities income	$0	1,547
Service charges on deposit accounts	$181,000	4,846
Trading account gains and fees	$0	134
Additional Noninterest Income	$56,000	6,899
Total noninterest expense	$2,848,000	3,872
Salaries and employee benefits	$1,375,000	4,252
Premises and equipment expense	$345,000	4,326
Additional noninterest expense	$1,128,000	3,102
Pre-tax net operating income	$288,000	7,279
Securities gains (losses)	$22,000	2,247
Applicable income taxes	$83,000	5,549
Income before extraordinary items	$227,000	7,319
Extraordinary gains, net	$0	26
Net income	$227,000	7,319
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$103,000	2,767
Cash dividends	$0	5,363
Sale, conversion, retirement of capital stock, net	$0	738
Net operating income	$210,940	7,352
2004-06-30 (YTD Data)		Rank
Total interest income	$3,240,000	4,021
Total interest expense	$1,205,000	3,071
Net interest income	$2,035,000	4,420
Provision for loan and lease losses	$117,000	3,255
Total noninterest income	$152,000	6,439
Gross Fiduciary activities income	$0	1,518
Service charges on deposit accounts	$118,000	4,906
Trading account gains and fees	$0	130
Additional Noninterest Income	$34,000	7,048
Total noninterest expense	$1,895,000	3,912
Salaries and employee benefits	$898,000	4,327
Premises and equipment expense	$215,000	4,547
Additional noninterest expense	$782,000	2,999
Pre-tax net operating income	$175,000	7,379
Securities gains (losses)	$23,000	1,953
Applicable income taxes	$52,000	5,605
Income before extraordinary items	$146,000	7,364
Extraordinary gains, net	$0	21
Net income	$146,000	7,364
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$105,000	2,094
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$0	638
Net operating income	$128,980	7,444
2004-03-31 (YTD Data)		Rank
Total interest income	$1,601,000	4,059
Total interest expense	$580,000	3,202
Net interest income	$1,021,000	4,408
Provision for loan and lease losses	$90,000	2,254
Total noninterest income	$80,000	6,291
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$60,000	4,803
Trading account gains and fees	$0	121
Additional Noninterest Income	$20,000	6,798
Total noninterest expense	$950,000	3,921
Salaries and employee benefits	$457,000	4,297
Premises and equipment expense	$97,000	4,884
Additional noninterest expense	$396,000	2,944
Pre-tax net operating income	$61,000	7,747
Securities gains (losses)	$0	2,934
Applicable income taxes	$17,000	5,912
Income before extraordinary items	$44,000	7,894
Extraordinary gains, net	$0	16
Net income	$44,000	7,894
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$77,000	1,530
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$44,000	7,832
2003-12-31 (YTD Data)		Rank
Total interest income	$5,883,000	4,360
Total interest expense	$2,190,000	3,725
Net interest income	$3,693,000	4,626
Provision for loan and lease losses	$320,000	3,013
Total noninterest income	$262,000	6,871
Gross Fiduciary activities income	$0	1,641
Service charges on deposit accounts	$211,000	5,148
Trading account gains and fees	$0	160
Additional Noninterest Income	$51,000	7,539
Total noninterest expense	$3,058,000	4,549
Salaries and employee benefits	$1,469,000	4,910
Premises and equipment expense	$486,000	4,161
Additional noninterest expense	$1,103,000	3,970
Pre-tax net operating income	$577,000	6,418
Securities gains (losses)	$62,000	2,314
Applicable income taxes	$178,000	5,083
Income before extraordinary items	$461,000	6,513
Extraordinary gains, net	$0	54
Net income	$461,000	6,517
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$110,000	3,900
Cash dividends	$0	6,283
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$416,360	6,574
2003-09-30 (YTD Data)		Rank
Total interest income	$4,302,000	4,485
Total interest expense	$1,624,000	3,898
Net interest income	$2,678,000	4,743
Provision for loan and lease losses	$230,000	3,018
Total noninterest income	$167,000	7,198
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$157,000	5,204
Trading account gains and fees	$0	153
Additional Noninterest Income	$10,000	8,693
Total noninterest expense	$2,251,000	4,586
Salaries and employee benefits	$1,074,000	4,997
Premises and equipment expense	$356,000	4,216
Additional noninterest expense	$821,000	3,984
Pre-tax net operating income	$364,000	6,879
Securities gains (losses)	$0	4,204
Applicable income taxes	$102,000	5,547
Income before extraordinary items	$262,000	7,180
Extraordinary gains, net	$0	40
Net income	$262,000	7,181
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$57,000	4,060
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$262,000	7,015
2003-06-30 (YTD Data)		Rank
Total interest income	$2,813,000	4,590
Total interest expense	$1,070,000	4,031
Net interest income	$1,743,000	4,819
Provision for loan and lease losses	$140,000	3,226
Total noninterest income	$95,000	7,485
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$99,000	5,299
Trading account gains and fees	$0	150
Additional Noninterest Income	$-4,000	9,210
Total noninterest expense	$1,496,000	4,599
Salaries and employee benefits	$708,000	5,036
Premises and equipment expense	$235,000	4,252
Additional noninterest expense	$553,000	3,938
Pre-tax net operating income	$202,000	7,200
Securities gains (losses)	$0	3,782
Applicable income taxes	$57,000	5,788
Income before extraordinary items	$145,000	7,491
Extraordinary gains, net	$0	30
Net income	$145,000	7,494
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$28,000	4,181
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$145,000	7,308
2003-03-31 (YTD Data)		Rank
Total interest income	$1,392,000	4,647
Total interest expense	$534,000	4,133
Net interest income	$858,000	4,850
Provision for loan and lease losses	$80,000	2,724
Total noninterest income	$39,000	7,793
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$46,000	5,391
Trading account gains and fees	$0	134
Additional Noninterest Income	$-7,000	9,275
Total noninterest expense	$716,000	4,726
Salaries and employee benefits	$350,000	5,087
Premises and equipment expense	$101,000	4,667
Additional noninterest expense	$265,000	4,034
Pre-tax net operating income	$101,000	7,173
Securities gains (losses)	$0	2,891
Applicable income taxes	$28,000	5,789
Income before extraordinary items	$73,000	7,425
Extraordinary gains, net	$0	21
Net income	$73,000	7,426
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,000	4,384
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$73,000	7,270
2002-12-31 (YTD Data)		Rank
Total interest income	$4,733,000	5,358
Total interest expense	$1,923,000	4,933
Net interest income	$2,810,000	5,509
Provision for loan and lease losses	$415,000	2,759
Total noninterest income	$127,000	8,098
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$154,000	5,785
Trading account gains and fees	$0	153
Additional Noninterest Income	$-27,000	9,302
Total noninterest expense	$2,563,000	5,006
Salaries and employee benefits	$1,288,000	5,223
Premises and equipment expense	$424,000	4,444
Additional noninterest expense	$851,000	4,718
Pre-tax net operating income	$-41,000	8,698
Securities gains (losses)	$76,000	2,019
Applicable income taxes	$9,000	7,326
Income before extraordinary items	$26,000	8,644
Extraordinary gains, net	$0	70
Net income	$26,000	8,646
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$109,000	4,025
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$-30,240	8,698
2001-12-31 (YTD Data)		Rank
Total interest income	$3,054,000	7,203
Total interest expense	$1,588,000	6,807
Net interest income	$1,466,000	7,396
Provision for loan and lease losses	$333,000	3,003
Total noninterest income	$154,000	7,802
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$97,000	6,631
Trading account gains and fees	$0	177
Additional Noninterest Income	$57,000	7,479
Total noninterest expense	$1,866,000	5,999
Salaries and employee benefits	$930,000	6,243
Premises and equipment expense	$282,000	5,723
Additional noninterest expense	$654,000	5,523
Pre-tax net operating income	$-579,000	9,199
Securities gains (losses)	$0	4,612
Applicable income taxes	$-163,000	9,350
Income before extraordinary items	$-416,000	9,190
Extraordinary gains, net	$0	105
Net income	$-416,000	9,191
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$61,000	4,857
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$2,800,000	269
Net operating income	$-416,000	9,149
2000-12-31 (YTD Data)		Rank
Total interest income	$1,948,000	8,455
Total interest expense	$874,000	8,482
Net interest income	$1,074,000	8,338
Provision for loan and lease losses	$107,000	5,170
Total noninterest income	$74,000	8,980
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$58,000	7,444
Trading account gains and fees	NA	NA
Additional Noninterest Income	$16,000	9,131
Total noninterest expense	$1,416,000	6,963
Salaries and employee benefits	$548,000	7,985
Premises and equipment expense	$167,000	7,292
Additional noninterest expense	$701,000	5,169
Pre-tax net operating income	$-375,000	9,472
Securities gains (losses)	$0	1,956
Applicable income taxes	$0	8,362
Income before extraordinary items	$-375,000	9,501
Extraordinary gains, net	$0	38
Net income	$-375,000	9,500
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$33,000	5,361
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$5,000,000	207
Net operating income	$-375,000	9,503

* 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.