Home > Heritage Bank Midlothian > Income and Expense
Heritage Bank Midlothian, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $9,739,000 | 3,171 |
| Total interest expense | $3,630,000 | 3,455 |
| Net interest income | $6,109,000 | 2,978 |
| Provision for loan and lease losses | $180,000 | 4,132 |
| Total noninterest income | $569,000 | 5,133 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $466,000 | 2,996 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $103,000 | 7,775 |
| Total noninterest expense | $4,490,000 | 3,125 |
| Salaries and employee benefits | $2,429,000 | 2,726 |
| Premises and equipment expense | $844,000 | 2,421 |
| Additional noninterest expense | $1,217,000 | 4,145 |
| Pre-tax net operating income | $2,008,000 | 3,297 |
| Securities gains (losses) | $56,000 | 3,232 |
| Applicable income taxes | $675,000 | 3,223 |
| Income before extraordinary items | $1,389,000 | 3,479 |
| Extraordinary gains, net | $43,000 | 2,272 |
| Net income | $1,432,000 | 3,490 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $59,000 | 5,721 |
| Cash dividends | $500,000 | 3,045 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,351,480 | 3,381 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $9,206,000 | 3,779 |
| Total interest expense | $4,221,000 | 3,879 |
| Net interest income | $4,985,000 | 3,642 |
| Provision for loan and lease losses | $170,000 | 5,731 |
| Total noninterest income | $596,000 | 4,983 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $486,000 | 2,863 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $110,000 | 7,754 |
| Total noninterest expense | $3,767,000 | 3,692 |
| Salaries and employee benefits | $2,203,000 | 2,933 |
| Premises and equipment expense | $792,000 | 2,629 |
| Additional noninterest expense | $772,000 | 6,271 |
| Pre-tax net operating income | $1,644,000 | 3,724 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $577,000 | 3,541 |
| Income before extraordinary items | $1,067,000 | 4,257 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,067,000 | 4,299 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $15,000 | 9,510 |
| Cash dividends | $450,000 | 3,037 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,067,000 | 3,939 |
* 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.