Home > Ironbound Bank > Income and Expense
Ironbound Bank, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $7,694,000 | 4,075 |
| Total interest expense | $2,762,000 | 5,013 |
| Net interest income | $4,932,000 | 3,444 |
| Provision for loan and lease losses | $-190,000 | 10,371 |
| Total noninterest income | $697,000 | 4,001 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $571,000 | 2,250 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $126,000 | 6,085 |
| Total noninterest expense | $3,718,000 | 3,435 |
| Salaries and employee benefits | $1,825,000 | 3,626 |
| Premises and equipment expense | $703,000 | 2,758 |
| Additional noninterest expense | $1,190,000 | 3,396 |
| Pre-tax net operating income | $2,101,000 | 3,218 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $780,000 | 2,798 |
| Income before extraordinary items | $1,321,000 | 3,631 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,321,000 | 3,631 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-188,000 | 10,347 |
| Cash dividends | $199,000 | 5,428 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,321,000 | 3,537 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $7,695,000 | 4,114 |
| Total interest expense | $2,616,000 | 5,235 |
| Net interest income | $5,079,000 | 3,440 |
| Provision for loan and lease losses | $0 | 8,829 |
| Total noninterest income | $727,000 | 3,859 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $649,000 | 2,019 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $78,000 | 7,457 |
| Total noninterest expense | $3,857,000 | 3,279 |
| Salaries and employee benefits | $1,847,000 | 3,546 |
| Premises and equipment expense | $714,000 | 2,687 |
| Additional noninterest expense | $1,296,000 | 3,120 |
| Pre-tax net operating income | $1,949,000 | 3,622 |
| Securities gains (losses) | $16,000 | 2,045 |
| Applicable income taxes | $704,000 | 3,221 |
| Income before extraordinary items | $1,261,000 | 3,892 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,261,000 | 3,891 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-113,000 | 10,730 |
| Cash dividends | $206,000 | 5,307 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,250,760 | 3,849 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,953,000 | 4,600 |
| Total interest expense | $2,241,000 | 5,965 |
| Net interest income | $4,712,000 | 3,743 |
| Provision for loan and lease losses | $0 | 9,041 |
| Total noninterest income | $700,000 | 4,113 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $633,000 | 2,136 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $67,000 | 8,207 |
| Total noninterest expense | $3,928,000 | 3,404 |
| Salaries and employee benefits | $1,807,000 | 3,653 |
| Premises and equipment expense | $729,000 | 2,684 |
| Additional noninterest expense | $1,392,000 | 3,324 |
| Pre-tax net operating income | $1,484,000 | 4,373 |
| Securities gains (losses) | $-3,000 | 9,684 |
| Applicable income taxes | $634,000 | 3,419 |
| Income before extraordinary items | $847,000 | 5,088 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $847,000 | 5,088 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-28,000 | 10,811 |
| Cash dividends | $104,000 | 6,603 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $848,920 | 5,033 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,081,000 | 5,147 |
| Total interest expense | $1,785,000 | 6,940 |
| Net interest income | $4,296,000 | 4,068 |
| Provision for loan and lease losses | $105,000 | 4,483 |
| Total noninterest income | $694,000 | 4,115 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $638,000 | 2,131 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $56,000 | 8,932 |
| Total noninterest expense | $3,890,000 | 3,416 |
| Salaries and employee benefits | $1,656,000 | 3,919 |
| Premises and equipment expense | $633,000 | 3,072 |
| Additional noninterest expense | $1,601,000 | 2,921 |
| Pre-tax net operating income | $995,000 | 6,023 |
| Securities gains (losses) | $48,000 | 1,329 |
| Applicable income taxes | $219,000 | 7,114 |
| Income before extraordinary items | $824,000 | 5,334 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $824,000 | 5,330 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $300,000 | 1,943 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $786,080 | 5,496 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,500,000 | 5,244 |
| Total interest expense | $1,577,000 | 6,659 |
| Net interest income | $3,923,000 | 4,466 |
| Provision for loan and lease losses | $190,000 | 3,120 |
| Total noninterest income | $634,000 | 4,467 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $580,000 | 2,344 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $54,000 | 9,402 |
| Total noninterest expense | $4,053,000 | 3,388 |
| Salaries and employee benefits | $1,647,000 | 3,930 |
| Premises and equipment expense | $668,000 | 2,949 |
| Additional noninterest expense | $1,738,000 | 2,908 |
| Pre-tax net operating income | $314,000 | 10,026 |
| Securities gains (losses) | $6,000 | 2,522 |
| Applicable income taxes | $0 | 11,630 |
| Income before extraordinary items | $320,000 | 8,939 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $320,000 | 8,943 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $270,000 | 2,054 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $314,000 | 9,056 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,557,000 | 5,290 |
| Total interest expense | $1,774,000 | 6,409 |
| Net interest income | $3,783,000 | 4,634 |
| Provision for loan and lease losses | $625,000 | 1,794 |
| Total noninterest income | $513,000 | 5,507 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $455,000 | 3,052 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $58,000 | 9,638 |
| Total noninterest expense | $3,736,000 | 3,708 |
| Salaries and employee benefits | $1,425,000 | 4,477 |
| Premises and equipment expense | $625,000 | 3,197 |
| Additional noninterest expense | $1,686,000 | 3,163 |
| Pre-tax net operating income | $-65,000 | 12,557 |
| Securities gains (losses) | $470,000 | 939 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $405,000 | 8,374 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $405,000 | 8,535 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $591,000 | 1,600 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-65,000 | 12,524 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,520,000 | 5,883 |
| Total interest expense | $2,255,000 | 6,495 |
| Net interest income | $3,265,000 | 5,317 |
| Provision for loan and lease losses | $788,000 | 2,169 |
| Total noninterest income | $564,000 | 5,193 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $448,000 | 3,130 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $116,000 | 7,567 |
| Total noninterest expense | $3,224,000 | 4,236 |
| Salaries and employee benefits | $1,319,000 | 4,761 |
| Premises and equipment expense | $607,000 | 3,317 |
| Additional noninterest expense | $1,298,000 | 4,043 |
| Pre-tax net operating income | $-183,000 | 13,067 |
| Securities gains (losses) | $458,000 | 1,157 |
| Applicable income taxes | $110,000 | 9,648 |
| Income before extraordinary items | $165,000 | 11,060 |
| Extraordinary gains, net | $110,000 | 703 |
| Net income | $275,000 | 9,756 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $428,000 | 2,713 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-128,120 | 12,956 |
* 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.