Home > New Century Bank > Income and Expense
New Century Bank, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $3,924,000 | 6,422 |
| Total interest expense | $1,909,000 | 6,245 |
| Net interest income | $2,015,000 | 6,413 |
| Provision for loan and lease losses | $3,979,000 | 423 |
| Total noninterest income | $386,000 | 5,774 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $22,000 | 8,096 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $364,000 | 3,736 |
| Total noninterest expense | $3,420,000 | 3,899 |
| Salaries and employee benefits | $1,014,000 | 5,925 |
| Premises and equipment expense | $697,000 | 2,951 |
| Additional noninterest expense | $1,709,000 | 2,581 |
| Pre-tax net operating income | $-4,998,000 | 9,569 |
| Securities gains (losses) | $10,000 | 3,593 |
| Applicable income taxes | $0 | 7,903 |
| Income before extraordinary items | $-4,988,000 | 9,570 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $-4,988,000 | 9,570 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,321,000 | 513 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $1,090,000 | 388 |
| Net operating income | $-4,998,000 | 9,561 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $6,504,000 | 4,834 |
| Total interest expense | $3,088,000 | 4,816 |
| Net interest income | $3,416,000 | 4,692 |
| Provision for loan and lease losses | $1,836,000 | 656 |
| Total noninterest income | $383,000 | 5,639 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $10,000 | 8,417 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $373,000 | 3,508 |
| Total noninterest expense | $3,702,000 | 3,541 |
| Salaries and employee benefits | $1,278,000 | 4,959 |
| Premises and equipment expense | $744,000 | 2,741 |
| Additional noninterest expense | $1,680,000 | 2,541 |
| Pre-tax net operating income | $-1,739,000 | 9,806 |
| Securities gains (losses) | $-290,000 | 9,635 |
| Applicable income taxes | $0 | 8,362 |
| Income before extraordinary items | $-2,029,000 | 9,823 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $-2,029,000 | 9,822 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,268,000 | 357 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $4,847,000 | 229 |
| Net operating income | $-1,739,000 | 9,813 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $2,605,000 | 7,794 |
| Total interest expense | $1,420,000 | 7,150 |
| Net interest income | $1,185,000 | 8,223 |
| Provision for loan and lease losses | $4,233,000 | 336 |
| Total noninterest income | $534,000 | 4,768 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $2,000 | 8,816 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $532,000 | 2,848 |
| Total noninterest expense | $3,050,000 | 4,151 |
| Salaries and employee benefits | $1,058,000 | 5,668 |
| Premises and equipment expense | $406,000 | 4,482 |
| Additional noninterest expense | $1,586,000 | 2,735 |
| Pre-tax net operating income | $-5,564,000 | 10,209 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $-1,731,000 | 10,192 |
| Income before extraordinary items | $-3,833,000 | 10,190 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $-3,833,000 | 10,190 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,464,000 | 403 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $6,280,000 | 185 |
| Net operating income | $-3,833,000 | 10,186 |
* 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.