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New East Bank of the Albemarle, Income and Expense

1992-12-31 (YTD Data)Rank
Total interest income$1,427,00012,132
Total interest expense$701,00011,806
Net interest income$726,00012,205
Provision for loan and lease losses$158,0005,947
Total noninterest income$98,00011,783
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$93,0008,723
Trading account gains and feesNANA
Additional Noninterest Income$5,00013,675
Total noninterest expense$857,00010,723
Salaries and employee benefits$248,00012,630
Premises and equipment expense$157,0008,918
Additional noninterest expense$452,0008,952
Pre-tax net operating income$-191,00013,077
Securities gains (losses)$24,0005,342
Applicable income taxes$012,680
Income before extraordinary items$-167,00013,143
Extraordinary gains, net$01,422
Net income$-167,00013,138
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$4,00010,608
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$-191,00013,049

* 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.