Home > Metro-County Bank of Virginia, Inc. > Income and Expense

Metro-County Bank of Virginia, Inc., Income and Expense

2001-12-31 (YTD Data)Rank
Total interest income$6,193,0004,851
Total interest expense$3,378,0004,323
Net interest income$2,815,0005,298
Provision for loan and lease losses$472,0002,321
Total noninterest income$1,000,0003,335
Gross Fiduciary activities income$01,731
Service charges on deposit accounts$352,0003,736
Trading account gains and fees$0177
Additional Noninterest Income$648,0002,700
Total noninterest expense$2,968,0004,369
Salaries and employee benefits$1,295,0005,048
Premises and equipment expense$515,0003,782
Additional noninterest expense$1,158,0003,613
Pre-tax net operating income$375,0007,081
Securities gains (losses)$04,612
Applicable income taxes$121,0005,759
Income before extraordinary items$254,0007,413
Extraordinary gains, net$0105
Net income$254,0007,415
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$370,0001,935
Cash dividends$06,617
Sale, conversion, retirement of capital stock, net$22,000807
Net operating income$254,0007,301
2000-12-31 (YTD Data)Rank
Total interest income$5,506,0005,376
Total interest expense$2,888,0005,064
Net interest income$2,618,0005,640
Provision for loan and lease losses$218,0003,553
Total noninterest income$475,0005,042
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$200,0005,090
Trading account gains and feesNANA
Additional Noninterest Income$275,0004,106
Total noninterest expense$2,550,0004,790
Salaries and employee benefits$1,171,0005,327
Premises and equipment expense$455,0004,100
Additional noninterest expense$924,0004,255
Pre-tax net operating income$325,0007,793
Securities gains (losses)$01,956
Applicable income taxes$95,0006,574
Income before extraordinary items$230,0007,898
Extraordinary gains, net$038
Net income$230,0007,898
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$12,0006,493
Cash dividends$06,853
Sale, conversion, retirement of capital stock, net$0969
Net operating income$230,0007,900
1999-12-31 (YTD Data)Rank
Total interest income$3,968,0006,398
Total interest expense$2,042,0005,928
Net interest income$1,926,0006,774
Provision for loan and lease losses$342,0002,405
Total noninterest income$580,0004,527
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$130,0006,171
Trading account gains and feesNANA
Additional Noninterest Income$450,0003,161
Total noninterest expense$1,870,0005,934
Salaries and employee benefits$826,0006,629
Premises and equipment expense$333,0005,141
Additional noninterest expense$711,0005,192
Pre-tax net operating income$294,0008,128
Securities gains (losses)$-3,0008,917
Applicable income taxes$97,0006,963
Income before extraordinary items$194,0008,353
Extraordinary gains, net$035
Net income$194,0008,354
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$9,0006,892
Cash dividends$07,131
Sale, conversion, retirement of capital stock, net$01,035
Net operating income$196,0108,307
1998-12-31 (YTD Data)Rank
Total interest income$2,510,0008,088
Total interest expense$1,206,0007,898
Net interest income$1,304,0008,112
Provision for loan and lease losses$156,0004,068
Total noninterest income$102,0008,996
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$63,0007,708
Trading account gains and feesNANA
Additional Noninterest Income$39,0008,570
Total noninterest expense$1,087,0007,864
Salaries and employee benefits$516,0008,250
Premises and equipment expense$161,0007,418
Additional noninterest expense$410,0007,136
Pre-tax net operating income$163,0009,111
Securities gains (losses)$04,449
Applicable income taxes$09,340
Income before extraordinary items$163,0008,889
Extraordinary gains, net$032
Net income$163,0008,886
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$6,0007,392
Cash dividends$07,473
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$163,0008,824
1997-12-31 (YTD Data)Rank
Total interest income$682,00010,581
Total interest expense$303,00010,509
Net interest income$379,00010,578
Provision for loan and lease losses$40,0007,002
Total noninterest income$15,00010,747
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$7,0009,339
Trading account gains and feesNANA
Additional Noninterest Income$8,00010,520
Total noninterest expense$465,00010,265
Salaries and employee benefits$272,00010,140
Premises and equipment expense$39,00010,459
Additional noninterest expense$154,0009,946
Pre-tax net operating income$-111,00010,496
Securities gains (losses)$03,944
Applicable income taxes$010,065
Income before extraordinary items$-111,00010,532
Extraordinary gains, net$044
Net income$-111,00010,535
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,513
Cash dividends$07,871
Sale, conversion, retirement of capital stock, net$6,832,000140
Net operating income$-111,00010,501

* 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.