Home > New Century Bank South > Income and Expense

New Century Bank South, Income and Expense

2007-12-31 (YTD Data)Rank
Total interest income$15,098,0002,664
Total interest expense$6,632,0002,758
Net interest income$8,466,0002,588
Provision for loan and lease losses$2,0006,808
Total noninterest income$1,416,0002,812
Gross Fiduciary activities income$01,498
Service charges on deposit accounts$959,0001,835
Trading account gains and fees$0178
Additional Noninterest Income$457,0003,489
Total noninterest expense$6,037,0002,950
Salaries and employee benefits$2,451,0003,781
Premises and equipment expense$539,0004,143
Additional noninterest expense$3,047,0001,809
Pre-tax net operating income$3,843,0002,047
Securities gains (losses)$30,000971
Applicable income taxes$1,447,0001,443
Income before extraordinary items$2,426,0002,446
Extraordinary gains, net$039
Net income$2,426,0002,445
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$152,0003,215
Cash dividends$05,817
Sale, conversion, retirement of capital stock, net$107,000911
Net operating income$2,406,8002,450
2007-09-30 (YTD Data)Rank
Total interest income$11,264,0002,677
Total interest expense$4,903,0002,790
Net interest income$6,361,0002,603
Provision for loan and lease losses$132,0003,725
Total noninterest income$1,038,0002,839
Gross Fiduciary activities income$01,458
Service charges on deposit accounts$697,0001,865
Trading account gains and fees$0184
Additional Noninterest Income$341,0003,506
Total noninterest expense$4,643,0002,859
Salaries and employee benefits$2,023,0003,496
Premises and equipment expense$376,0004,341
Additional noninterest expense$2,244,0001,801
Pre-tax net operating income$2,624,0002,345
Securities gains (losses)$24,000782
Applicable income taxes$988,0001,666
Income before extraordinary items$1,660,0002,764
Extraordinary gains, net$033
Net income$1,660,0002,762
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$84,0003,033
Cash dividends$05,179
Sale, conversion, retirement of capital stock, net$85,000793
Net operating income$1,644,6402,771
2007-06-30 (YTD Data)Rank
Total interest income$7,384,0002,735
Total interest expense$3,191,0002,845
Net interest income$4,193,0002,646
Provision for loan and lease losses$-117,0008,493
Total noninterest income$690,0002,862
Gross Fiduciary activities income$01,429
Service charges on deposit accounts$442,0001,946
Trading account gains and fees$0168
Additional Noninterest Income$248,0003,364
Total noninterest expense$2,987,0002,983
Salaries and employee benefits$1,328,0003,579
Premises and equipment expense$243,0004,462
Additional noninterest expense$1,416,0001,911
Pre-tax net operating income$2,013,0002,150
Securities gains (losses)$17,000742
Applicable income taxes$757,0001,557
Income before extraordinary items$1,273,0002,515
Extraordinary gains, net$029
Net income$1,273,0002,514
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$45,0002,952
Cash dividends$04,977
Sale, conversion, retirement of capital stock, net$62,000694
Net operating income$1,262,1202,516
2007-03-31 (YTD Data)Rank
Total interest income$3,562,0002,817
Total interest expense$1,539,0002,920
Net interest income$2,023,0002,727
Provision for loan and lease losses$-201,0008,588
Total noninterest income$332,0002,914
Gross Fiduciary activities income$01,355
Service charges on deposit accounts$205,0002,009
Trading account gains and fees$0195
Additional Noninterest Income$127,0003,312
Total noninterest expense$1,447,0003,076
Salaries and employee benefits$670,0003,582
Premises and equipment expense$112,0004,711
Additional noninterest expense$665,0001,985
Pre-tax net operating income$1,109,0001,992
Securities gains (losses)$8,000735
Applicable income taxes$418,0001,476
Income before extraordinary items$699,0002,333
Extraordinary gains, net$022
Net income$699,0002,333
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$30,0002,191
Cash dividends$03,942
Sale, conversion, retirement of capital stock, net$32,000574
Net operating income$693,8802,328
2006-12-31 (YTD Data)Rank
Total interest income$11,186,0003,273
Total interest expense$4,637,0003,225
Net interest income$6,549,0003,292
Provision for loan and lease losses$72,0005,138
Total noninterest income$953,0003,664
Gross Fiduciary activities income$01,523
Service charges on deposit accounts$546,0002,877
Trading account gains and fees$0130
Additional Noninterest Income$407,0003,702
Total noninterest expense$4,314,0003,755
Salaries and employee benefits$1,976,0004,311
Premises and equipment expense$314,0005,626
Additional noninterest expense$2,024,0002,544
Pre-tax net operating income$3,116,0002,707
Securities gains (losses)$21,000897
Applicable income taxes$1,122,0002,044
Income before extraordinary items$2,015,0003,088
Extraordinary gains, net$051
Net income$2,015,0003,087
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$33,0004,576
Cash dividends$05,941
Sale, conversion, retirement of capital stock, net$96,000899
Net operating income$2,001,5603,092
2006-09-30 (YTD Data)Rank
Total interest income$7,585,0003,525
Total interest expense$3,135,0003,385
Net interest income$4,450,0003,571
Provision for loan and lease losses$183,0003,023
Total noninterest income$537,0004,315
Gross Fiduciary activities income$01,468
Service charges on deposit accounts$317,0003,446
Trading account gains and fees$0126
Additional Noninterest Income$220,0004,334
Total noninterest expense$2,851,0004,127
Salaries and employee benefits$1,265,0004,803
Premises and equipment expense$197,0006,119
Additional noninterest expense$1,389,0002,733
Pre-tax net operating income$1,953,0003,171
Securities gains (losses)$13,000838
Applicable income taxes$726,0002,338
Income before extraordinary items$1,240,0003,647
Extraordinary gains, net$045
Net income$1,240,0003,649
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$32,0003,744
Cash dividends$05,292
Sale, conversion, retirement of capital stock, net$01,045
Net operating income$1,231,6803,659
2006-06-30 (YTD Data)Rank
Total interest income$4,153,0004,023
Total interest expense$1,750,0003,719
Net interest income$2,403,0004,160
Provision for loan and lease losses$235,0001,870
Total noninterest income$215,0005,480
Gross Fiduciary activities income$01,458
Service charges on deposit accounts$125,0004,515
Trading account gains and fees$0126
Additional Noninterest Income$90,0005,350
Total noninterest expense$1,235,0005,515
Salaries and employee benefits$586,0005,986
Premises and equipment expense$92,0006,935
Additional noninterest expense$557,0004,147
Pre-tax net operating income$1,148,0003,459
Securities gains (losses)$1,0001,053
Applicable income taxes$432,0002,511
Income before extraordinary items$717,0004,007
Extraordinary gains, net$039
Net income$717,0004,011
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$22,0003,393
Cash dividends$05,069
Sale, conversion, retirement of capital stock, net$0887
Net operating income$716,3603,998
2006-03-31 (YTD Data)Rank
Total interest income$1,995,0004,090
Total interest expense$777,0003,894
Net interest income$1,218,0004,119
Provision for loan and lease losses$136,0001,583
Total noninterest income$98,0005,636
Gross Fiduciary activities income$01,380
Service charges on deposit accounts$55,0004,737
Trading account gains and fees$0115
Additional Noninterest Income$43,0005,402
Total noninterest expense$580,0005,727
Salaries and employee benefits$287,0006,061
Premises and equipment expense$47,0006,882
Additional noninterest expense$246,0004,529
Pre-tax net operating income$600,0003,311
Securities gains (losses)$-1,0007,892
Applicable income taxes$228,0002,417
Income before extraordinary items$371,0003,872
Extraordinary gains, net$021
Net income$371,0003,871
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$15,0002,616
Cash dividends$03,943
Sale, conversion, retirement of capital stock, net$0648
Net operating income$371,6403,853
2005-12-31 (YTD Data)Rank
Total interest income$5,349,0004,948
Total interest expense$1,978,0004,464
Net interest income$3,371,0005,131
Provision for loan and lease losses$548,0001,767
Total noninterest income$335,0006,106
Gross Fiduciary activities income$01,557
Service charges on deposit accounts$157,0005,540
Trading account gains and fees$0138
Additional Noninterest Income$178,0005,403
Total noninterest expense$1,884,0006,298
Salaries and employee benefits$880,0006,696
Premises and equipment expense$167,0007,092
Additional noninterest expense$837,0005,011
Pre-tax net operating income$1,274,0004,776
Securities gains (losses)$-4,0007,217
Applicable income taxes$490,0003,401
Income before extraordinary items$780,0005,399
Extraordinary gains, net$046
Net income$780,0005,403
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$49,0004,318
Cash dividends$06,054
Sale, conversion, retirement of capital stock, net$0934
Net operating income$782,5605,370
2005-09-30 (YTD Data)Rank
Total interest income$3,650,0005,207
Total interest expense$1,341,0004,616
Net interest income$2,309,0005,435
Provision for loan and lease losses$353,0001,922
Total noninterest income$238,0006,233
Gross Fiduciary activities income$01,504
Service charges on deposit accounts$102,0005,825
Trading account gains and fees$0126
Additional Noninterest Income$136,0005,378
Total noninterest expense$1,370,0006,350
Salaries and employee benefits$600,0006,933
Premises and equipment expense$153,0006,664
Additional noninterest expense$617,0005,029
Pre-tax net operating income$824,0005,262
Securities gains (losses)$-3,0007,524
Applicable income taxes$285,0003,883
Income before extraordinary items$536,0005,737
Extraordinary gains, net$035
Net income$536,0005,741
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$8,0005,271
Cash dividends$05,317
Sale, conversion, retirement of capital stock, net$0769
Net operating income$537,9505,696
2005-06-30 (YTD Data)Rank
Total interest income$2,202,0005,450
Total interest expense$803,0004,772
Net interest income$1,399,0005,722
Provision for loan and lease losses$195,0002,201
Total noninterest income$163,0006,177
Gross Fiduciary activities income$01,480
Service charges on deposit accounts$58,0006,068
Trading account gains and fees$0116
Additional Noninterest Income$105,0005,089
Total noninterest expense$900,0006,398
Salaries and employee benefits$388,0007,005
Premises and equipment expense$105,0006,596
Additional noninterest expense$407,0005,033
Pre-tax net operating income$467,0005,620
Securities gains (losses)$-2,0007,723
Applicable income taxes$164,0004,112
Income before extraordinary items$301,0006,114
Extraordinary gains, net$030
Net income$301,0006,117
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$6,0004,782
Cash dividends$05,072
Sale, conversion, retirement of capital stock, net$0643
Net operating income$302,3006,059
2005-03-31 (YTD Data)Rank
Total interest income$955,0005,868
Total interest expense$329,0005,231
Net interest income$626,0006,097
Provision for loan and lease losses$141,0001,544
Total noninterest income$77,0006,252
Gross Fiduciary activities income$01,418
Service charges on deposit accounts$24,0006,339
Trading account gains and fees$0115
Additional Noninterest Income$53,0005,055
Total noninterest expense$437,0006,515
Salaries and employee benefits$192,0007,082
Premises and equipment expense$48,0006,855
Additional noninterest expense$197,0005,135
Pre-tax net operating income$125,0006,887
Securities gains (losses)$-1,0008,158
Applicable income taxes$45,0004,902
Income before extraordinary items$79,0007,257
Extraordinary gains, net$024
Net income$79,0007,257
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,0004,435
Cash dividends$03,863
Sale, conversion, retirement of capital stock, net$0491
Net operating income$79,6407,221
2004-12-31 (YTD Data)Rank
Total interest income$2,170,0007,200
Total interest expense$678,0006,667
Net interest income$1,492,0007,314
Provision for loan and lease losses$708,0001,444
Total noninterest income$123,0007,868
Gross Fiduciary activities income$01,582
Service charges on deposit accounts$51,0007,279
Trading account gains and fees$0138
Additional Noninterest Income$72,0006,944
Total noninterest expense$1,480,0006,914
Salaries and employee benefits$681,0007,349
Premises and equipment expense$123,0007,672
Additional noninterest expense$676,0005,633
Pre-tax net operating income$-573,0008,687
Securities gains (losses)$-1,0007,794
Applicable income taxes$-166,0008,794
Income before extraordinary items$-408,0008,674
Extraordinary gains, net$034
Net income$-408,0008,676
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,973
Cash dividends$06,149
Sale, conversion, retirement of capital stock, net$8,500,000137
Net operating income$-407,2908,645
2004-09-30 (YTD Data)Rank
Total interest income$1,383,0007,574
Total interest expense$408,0007,162
Net interest income$975,0007,629
Provision for loan and lease losses$641,0001,172
Total noninterest income$75,0008,142
Gross Fiduciary activities income$01,547
Service charges on deposit accounts$33,0007,429
Trading account gains and fees$0134
Additional Noninterest Income$42,0007,283
Total noninterest expense$1,112,0006,896
Salaries and employee benefits$516,0007,280
Premises and equipment expense$82,0007,847
Additional noninterest expense$514,0005,555
Pre-tax net operating income$-703,0008,832
Securities gains (losses)$03,710
Applicable income taxes$-198,0008,909
Income before extraordinary items$-505,0008,814
Extraordinary gains, net$026
Net income$-505,0008,816
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,496
Cash dividends$05,363
Sale, conversion, retirement of capital stock, net$8,500,000103
Net operating income$-505,0008,788
2004-06-30 (YTD Data)Rank
Total interest income$744,0007,990
Total interest expense$194,0007,815
Net interest income$550,0007,964
Provision for loan and lease losses$511,000963
Total noninterest income$32,0008,558
Gross Fiduciary activities income$01,518
Service charges on deposit accounts$19,0007,545
Trading account gains and fees$0130
Additional Noninterest Income$13,0008,126
Total noninterest expense$775,0006,810
Salaries and employee benefits$363,0007,206
Premises and equipment expense$57,0007,822
Additional noninterest expense$355,0005,465
Pre-tax net operating income$-704,0008,961
Securities gains (losses)$03,413
Applicable income taxes$-198,0008,996
Income before extraordinary items$-506,0008,936
Extraordinary gains, net$021
Net income$-506,0008,937
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,017
Cash dividends$05,087
Sale, conversion, retirement of capital stock, net$8,500,00068
Net operating income$-506,0008,917
2004-03-31 (YTD Data)Rank
Total interest income$285,0008,424
Total interest expense$79,0008,191
Net interest income$206,0008,402
Provision for loan and lease losses$334,000733
Total noninterest income$9,0008,820
Gross Fiduciary activities income$01,441
Service charges on deposit accounts$7,0007,665
Trading account gains and fees$0121
Additional Noninterest Income$2,0008,709
Total noninterest expense$455,0006,375
Salaries and employee benefits$205,0006,912
Premises and equipment expense$31,0007,720
Additional noninterest expense$219,0004,739
Pre-tax net operating income$-574,0009,052
Securities gains (losses)$02,934
Applicable income taxes$-151,0009,056
Income before extraordinary items$-423,0009,038
Extraordinary gains, net$016
Net income$-423,0009,037
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$05,097
Cash dividends$03,841
Sale, conversion, retirement of capital stock, net$8,500,00037
Net operating income$-423,0009,017

* 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.