Home > Independence Bank > Income and Expense
Independence Bank, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $7,837,000 | 4,080 |
| Total interest expense | $2,589,000 | 5,285 |
| Net interest income | $5,248,000 | 3,305 |
| Provision for loan and lease losses | $185,000 | 4,295 |
| Total noninterest income | $821,000 | 3,786 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $705,000 | 2,129 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $116,000 | 6,082 |
| Total noninterest expense | $4,197,000 | 3,284 |
| Salaries and employee benefits | $2,399,000 | 3,056 |
| Premises and equipment expense | $693,000 | 2,965 |
| Additional noninterest expense | $1,105,000 | 3,750 |
| Pre-tax net operating income | $1,687,000 | 3,574 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $475,000 | 3,412 |
| Income before extraordinary items | $1,212,000 | 3,777 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,212,000 | 3,779 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $125,000 | 3,685 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $1,212,000 | 3,661 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $6,446,000 | 4,853 |
| Total interest expense | $2,232,000 | 5,937 |
| Net interest income | $4,214,000 | 4,006 |
| Provision for loan and lease losses | $161,000 | 4,247 |
| Total noninterest income | $795,000 | 3,675 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $655,000 | 2,108 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $140,000 | 5,650 |
| Total noninterest expense | $3,777,000 | 3,486 |
| Salaries and employee benefits | $2,048,000 | 3,390 |
| Premises and equipment expense | $731,000 | 2,776 |
| Additional noninterest expense | $998,000 | 4,005 |
| Pre-tax net operating income | $1,071,000 | 5,086 |
| Securities gains (losses) | $100,000 | 569 |
| Applicable income taxes | $312,000 | 4,514 |
| Income before extraordinary items | $859,000 | 4,825 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $859,000 | 4,823 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-12,000 | 9,215 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $2,200,000 | 344 |
| Net operating income | $786,000 | 5,096 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $4,829,000 | 5,685 |
| Total interest expense | $1,530,000 | 6,903 |
| Net interest income | $3,299,000 | 4,831 |
| Provision for loan and lease losses | $105,000 | 5,113 |
| Total noninterest income | $707,000 | 3,968 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $571,000 | 2,338 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $136,000 | 5,845 |
| Total noninterest expense | $3,465,000 | 3,731 |
| Salaries and employee benefits | $1,701,000 | 3,923 |
| Premises and equipment expense | $704,000 | 2,854 |
| Additional noninterest expense | $1,060,000 | 3,827 |
| Pre-tax net operating income | $436,000 | 7,430 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $156,000 | 6,202 |
| Income before extraordinary items | $280,000 | 7,716 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $280,000 | 7,715 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $248,000 | 2,092 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $280,000 | 7,696 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $5,086,000 | 5,625 |
| Total interest expense | $1,605,000 | 6,967 |
| Net interest income | $3,481,000 | 4,622 |
| Provision for loan and lease losses | $0 | 8,652 |
| Total noninterest income | $808,000 | 3,606 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $564,000 | 2,289 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $244,000 | 4,478 |
| Total noninterest expense | $3,378,000 | 3,722 |
| Salaries and employee benefits | $1,705,000 | 3,826 |
| Premises and equipment expense | $613,000 | 3,103 |
| Additional noninterest expense | $1,060,000 | 3,758 |
| Pre-tax net operating income | $911,000 | 5,699 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $284,000 | 5,318 |
| Income before extraordinary items | $627,000 | 5,924 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $627,000 | 5,923 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $84,000 | 3,967 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $1,000,000 | 463 |
| Net operating income | $627,000 | 5,823 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $5,075,000 | 5,737 |
| Total interest expense | $1,644,000 | 7,016 |
| Net interest income | $3,431,000 | 4,800 |
| Provision for loan and lease losses | $914,000 | 1,059 |
| Total noninterest income | $866,000 | 3,389 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $606,000 | 2,164 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $260,000 | 4,274 |
| Total noninterest expense | $3,426,000 | 3,670 |
| Salaries and employee benefits | $1,685,000 | 3,858 |
| Premises and equipment expense | $579,000 | 3,254 |
| Additional noninterest expense | $1,162,000 | 3,439 |
| Pre-tax net operating income | $-43,000 | 10,436 |
| Securities gains (losses) | $5,000 | 2,787 |
| Applicable income taxes | $-16,000 | 10,542 |
| Income before extraordinary items | $-22,000 | 10,431 |
| Extraordinary gains, net | $10,000 | 28 |
| Net income | $-12,000 | 10,421 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $487,000 | 1,367 |
| Cash dividends | $60,000 | 7,029 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $-25,200 | 10,399 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $4,413,000 | 6,476 |
| Total interest expense | $1,424,000 | 7,774 |
| Net interest income | $2,989,000 | 5,456 |
| Provision for loan and lease losses | $159,000 | 3,951 |
| Total noninterest income | $821,000 | 3,631 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $485,000 | 2,791 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $336,000 | 3,802 |
| Total noninterest expense | $2,940,000 | 4,366 |
| Salaries and employee benefits | $1,502,000 | 4,296 |
| Premises and equipment expense | $445,000 | 4,155 |
| Additional noninterest expense | $993,000 | 4,431 |
| Pre-tax net operating income | $711,000 | 6,882 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $212,000 | 6,957 |
| Income before extraordinary items | $499,000 | 6,912 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $499,000 | 6,915 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $219,000 | 2,532 |
| Cash dividends | $80,000 | 7,029 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $499,000 | 6,845 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $3,885,000 | 7,133 |
| Total interest expense | $1,226,000 | 8,504 |
| Net interest income | $2,659,000 | 6,027 |
| Provision for loan and lease losses | $328,000 | 2,154 |
| Total noninterest income | $933,000 | 3,269 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $465,000 | 2,923 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $468,000 | 2,998 |
| Total noninterest expense | $2,522,000 | 4,961 |
| Salaries and employee benefits | $1,269,000 | 4,970 |
| Premises and equipment expense | $314,000 | 5,437 |
| Additional noninterest expense | $939,000 | 4,597 |
| Pre-tax net operating income | $742,000 | 7,104 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $223,000 | 7,049 |
| Income before extraordinary items | $519,000 | 7,111 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $519,000 | 7,110 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $182,000 | 2,647 |
| Cash dividends | $60,000 | 7,552 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $519,000 | 7,089 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,933,000 | 8,165 |
| Total interest expense | $880,000 | 9,219 |
| Net interest income | $2,053,000 | 7,437 |
| Provision for loan and lease losses | $106,000 | 4,419 |
| Total noninterest income | $773,000 | 3,825 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $414,000 | 3,282 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $359,000 | 3,660 |
| Total noninterest expense | $2,504,000 | 5,149 |
| Salaries and employee benefits | $1,263,000 | 5,019 |
| Premises and equipment expense | $308,000 | 5,604 |
| Additional noninterest expense | $933,000 | 5,009 |
| Pre-tax net operating income | $216,000 | 10,765 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $13,000 | 11,303 |
| Income before extraordinary items | $203,000 | 10,235 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $203,000 | 10,245 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $195,000 | 2,540 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $203,000 | 10,289 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,423,000 | 9,350 |
| Total interest expense | $789,000 | 10,098 |
| Net interest income | $1,634,000 | 8,699 |
| Provision for loan and lease losses | $184,000 | 4,098 |
| Total noninterest income | $920,000 | 3,570 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $373,000 | 3,675 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $547,000 | 3,070 |
| Total noninterest expense | $1,733,000 | 7,094 |
| Salaries and employee benefits | $800,000 | 7,324 |
| Premises and equipment expense | $201,000 | 7,662 |
| Additional noninterest expense | $732,000 | 6,351 |
| Pre-tax net operating income | $637,000 | 7,706 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $174,000 | 8,125 |
| Income before extraordinary items | $464,000 | 7,854 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $464,000 | 8,021 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $110,000 | 4,347 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $463,270 | 7,605 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,374,000 | 10,142 |
| Total interest expense | $801,000 | 11,325 |
| Net interest income | $1,573,000 | 9,035 |
| Provision for loan and lease losses | $188,000 | 5,392 |
| Total noninterest income | $625,000 | 4,824 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $353,000 | 3,872 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $272,000 | 4,709 |
| Total noninterest expense | $1,522,000 | 7,833 |
| Salaries and employee benefits | $696,000 | 8,019 |
| Premises and equipment expense | $170,000 | 8,562 |
| Additional noninterest expense | $656,000 | 7,064 |
| Pre-tax net operating income | $488,000 | 8,492 |
| Securities gains (losses) | $-2,000 | 12,861 |
| Applicable income taxes | $178,000 | 8,017 |
| Income before extraordinary items | $308,000 | 9,207 |
| Extraordinary gains, net | $108,000 | 713 |
| Net income | $416,000 | 8,174 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $145,000 | 4,970 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $309,280 | 8,820 |
* 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.