Home > Nittany Bank > Income and Expense
Nittany Bank, Income and Expense
| 2005-12-31 (YTD Data) | Rank | |
| Total interest income | $17,269,000 | 1,944 |
| Total interest expense | $7,273,000 | 1,561 |
| Net interest income | $9,996,000 | 2,215 |
| Provision for loan and lease losses | $352,000 | 2,505 |
| Total noninterest income | $1,774,000 | 2,408 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 138 |
| Additional Noninterest Income | $1,774,000 | 1,473 |
| Total noninterest expense | $5,822,000 | 2,822 |
| Salaries and employee benefits | $3,030,000 | 2,934 |
| Premises and equipment expense | $787,000 | 2,940 |
| Additional noninterest expense | $2,005,000 | 2,484 |
| Pre-tax net operating income | $5,596,000 | 1,671 |
| Securities gains (losses) | $0 | 2,296 |
| Applicable income taxes | $2,090,000 | 1,313 |
| Income before extraordinary items | $3,506,000 | 1,957 |
| Extraordinary gains, net | $0 | 46 |
| Net income | $3,506,000 | 1,956 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $37,000 | 4,650 |
| Cash dividends | $0 | 6,054 |
| Sale, conversion, retirement of capital stock, net | $0 | 934 |
| Net operating income | $3,506,000 | 1,935 |
| 2005-09-30 (YTD Data) | Rank | |
| Total interest income | $12,605,000 | 1,936 |
| Total interest expense | $5,020,000 | 1,601 |
| Net interest income | $7,585,000 | 2,173 |
| Provision for loan and lease losses | $306,000 | 2,166 |
| Total noninterest income | $1,350,000 | 2,384 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 126 |
| Additional Noninterest Income | $1,350,000 | 1,461 |
| Total noninterest expense | $4,319,000 | 2,825 |
| Salaries and employee benefits | $2,262,000 | 2,921 |
| Premises and equipment expense | $588,000 | 2,931 |
| Additional noninterest expense | $1,469,000 | 2,506 |
| Pre-tax net operating income | $4,310,000 | 1,653 |
| Securities gains (losses) | $0 | 2,317 |
| Applicable income taxes | $1,611,000 | 1,308 |
| Income before extraordinary items | $2,699,000 | 1,942 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $2,699,000 | 1,941 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $35,000 | 3,945 |
| Cash dividends | $0 | 5,317 |
| Sale, conversion, retirement of capital stock, net | $0 | 769 |
| Net operating income | $2,699,000 | 1,904 |
| 2005-06-30 (YTD Data) | Rank | |
| Total interest income | $8,108,000 | 1,951 |
| Total interest expense | $3,077,000 | 1,650 |
| Net interest income | $5,031,000 | 2,145 |
| Provision for loan and lease losses | $230,000 | 1,926 |
| Total noninterest income | $881,000 | 2,390 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 116 |
| Additional Noninterest Income | $881,000 | 1,473 |
| Total noninterest expense | $2,872,000 | 2,815 |
| Salaries and employee benefits | $1,520,000 | 2,893 |
| Premises and equipment expense | $375,000 | 3,019 |
| Additional noninterest expense | $977,000 | 2,489 |
| Pre-tax net operating income | $2,810,000 | 1,657 |
| Securities gains (losses) | $0 | 2,146 |
| Applicable income taxes | $1,048,000 | 1,323 |
| Income before extraordinary items | $1,762,000 | 1,932 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $1,762,000 | 1,932 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $51,000 | 2,697 |
| Cash dividends | $0 | 5,072 |
| Sale, conversion, retirement of capital stock, net | $0 | 643 |
| Net operating income | $1,762,000 | 1,898 |
| 2005-03-31 (YTD Data) | Rank | |
| Total interest income | $3,932,000 | 1,979 |
| Total interest expense | $1,442,000 | 1,660 |
| Net interest income | $2,490,000 | 2,165 |
| Provision for loan and lease losses | $62,000 | 2,802 |
| Total noninterest income | $388,000 | 2,539 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 115 |
| Additional Noninterest Income | $388,000 | 1,585 |
| Total noninterest expense | $1,477,000 | 2,757 |
| Salaries and employee benefits | $821,000 | 2,716 |
| Premises and equipment expense | $176,000 | 3,206 |
| Additional noninterest expense | $480,000 | 2,536 |
| Pre-tax net operating income | $1,339,000 | 1,713 |
| Securities gains (losses) | $0 | 1,685 |
| Applicable income taxes | $489,000 | 1,381 |
| Income before extraordinary items | $850,000 | 1,977 |
| Extraordinary gains, net | $0 | 24 |
| Net income | $850,000 | 1,978 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 4,728 |
| Cash dividends | $0 | 3,863 |
| Sale, conversion, retirement of capital stock, net | $0 | 491 |
| Net operating income | $850,000 | 1,943 |
| 2004-12-31 (YTD Data) | Rank | |
| Total interest income | $13,886,000 | 2,039 |
| Total interest expense | $5,276,000 | 1,555 |
| Net interest income | $8,610,000 | 2,375 |
| Provision for loan and lease losses | $533,000 | 1,863 |
| Total noninterest income | $1,418,000 | 2,789 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 138 |
| Additional Noninterest Income | $1,418,000 | 1,710 |
| Total noninterest expense | $5,392,000 | 2,910 |
| Salaries and employee benefits | $3,006,000 | 2,837 |
| Premises and equipment expense | $737,000 | 2,992 |
| Additional noninterest expense | $1,649,000 | 2,890 |
| Pre-tax net operating income | $4,103,000 | 2,021 |
| Securities gains (losses) | $0 | 3,819 |
| Applicable income taxes | $1,439,000 | 1,656 |
| Income before extraordinary items | $2,664,000 | 2,295 |
| Extraordinary gains, net | $0 | 34 |
| Net income | $2,664,000 | 2,297 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $71,000 | 4,147 |
| Cash dividends | $0 | 6,149 |
| Sale, conversion, retirement of capital stock, net | $0 | 872 |
| Net operating income | $2,664,000 | 2,246 |
| 2004-09-30 (YTD Data) | Rank | |
| Total interest income | $10,091,000 | 2,092 |
| Total interest expense | $3,883,000 | 1,565 |
| Net interest income | $6,208,000 | 2,436 |
| Provision for loan and lease losses | $442,000 | 1,641 |
| Total noninterest income | $1,064,000 | 2,797 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $1,064,000 | 1,702 |
| Total noninterest expense | $3,983,000 | 2,921 |
| Salaries and employee benefits | $2,223,000 | 2,837 |
| Premises and equipment expense | $538,000 | 3,064 |
| Additional noninterest expense | $1,222,000 | 2,878 |
| Pre-tax net operating income | $2,847,000 | 2,158 |
| Securities gains (losses) | $0 | 3,710 |
| Applicable income taxes | $1,061,000 | 1,686 |
| Income before extraordinary items | $1,786,000 | 2,576 |
| Extraordinary gains, net | $0 | 26 |
| Net income | $1,786,000 | 2,578 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $71,000 | 3,301 |
| Cash dividends | $0 | 5,363 |
| Sale, conversion, retirement of capital stock, net | $0 | 738 |
| Net operating income | $1,786,000 | 2,501 |
| 2004-06-30 (YTD Data) | Rank | |
| Total interest income | $6,470,000 | 2,167 |
| Total interest expense | $2,550,000 | 1,557 |
| Net interest income | $3,920,000 | 2,535 |
| Provision for loan and lease losses | $304,000 | 1,510 |
| Total noninterest income | $697,000 | 2,842 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 130 |
| Additional Noninterest Income | $697,000 | 1,721 |
| Total noninterest expense | $2,616,000 | 2,968 |
| Salaries and employee benefits | $1,476,000 | 2,873 |
| Premises and equipment expense | $352,000 | 3,110 |
| Additional noninterest expense | $788,000 | 2,975 |
| Pre-tax net operating income | $1,697,000 | 2,333 |
| Securities gains (losses) | $0 | 3,413 |
| Applicable income taxes | $634,000 | 1,848 |
| Income before extraordinary items | $1,063,000 | 2,791 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $1,063,000 | 2,792 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $56,000 | 2,904 |
| Cash dividends | $0 | 5,087 |
| Sale, conversion, retirement of capital stock, net | $0 | 638 |
| Net operating income | $1,063,000 | 2,715 |
| 2004-03-31 (YTD Data) | Rank | |
| Total interest income | $3,142,000 | 2,232 |
| Total interest expense | $1,284,000 | 1,560 |
| Net interest income | $1,858,000 | 2,659 |
| Provision for loan and lease losses | $110,000 | 1,956 |
| Total noninterest income | $302,000 | 3,094 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 121 |
| Additional Noninterest Income | $302,000 | 1,879 |
| Total noninterest expense | $1,283,000 | 3,025 |
| Salaries and employee benefits | $707,000 | 3,009 |
| Premises and equipment expense | $176,000 | 3,144 |
| Additional noninterest expense | $400,000 | 2,914 |
| Pre-tax net operating income | $767,000 | 2,510 |
| Securities gains (losses) | $0 | 2,934 |
| Applicable income taxes | $295,000 | 1,954 |
| Income before extraordinary items | $472,000 | 3,074 |
| Extraordinary gains, net | $0 | 16 |
| Net income | $472,000 | 3,074 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $29,000 | 2,516 |
| Cash dividends | $0 | 3,841 |
| Sale, conversion, retirement of capital stock, net | $0 | 464 |
| Net operating income | $472,000 | 2,962 |
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $11,061,000 | 2,569 |
| Total interest expense | $4,777,000 | 1,874 |
| Net interest income | $6,284,000 | 3,061 |
| Provision for loan and lease losses | $593,000 | 1,900 |
| Total noninterest income | $1,209,000 | 3,288 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $1,209,000 | 2,111 |
| Total noninterest expense | $4,459,000 | 3,374 |
| Salaries and employee benefits | $2,367,000 | 3,417 |
| Premises and equipment expense | $643,000 | 3,322 |
| Additional noninterest expense | $1,449,000 | 3,183 |
| Pre-tax net operating income | $2,441,000 | 2,940 |
| Securities gains (losses) | $0 | 4,500 |
| Applicable income taxes | $839,000 | 2,452 |
| Income before extraordinary items | $1,602,000 | 3,404 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $1,602,000 | 3,403 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $33,000 | 5,589 |
| Cash dividends | $0 | 6,283 |
| Sale, conversion, retirement of capital stock, net | $2,339,000 | 316 |
| Net operating income | $1,602,000 | 3,234 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $8,010,000 | 2,689 |
| Total interest expense | $3,548,000 | 1,966 |
| Net interest income | $4,462,000 | 3,219 |
| Provision for loan and lease losses | $508,000 | 1,645 |
| Total noninterest income | $938,000 | 3,263 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $938,000 | 2,139 |
| Total noninterest expense | $3,212,000 | 3,494 |
| Salaries and employee benefits | $1,682,000 | 3,553 |
| Premises and equipment expense | $472,000 | 3,379 |
| Additional noninterest expense | $1,058,000 | 3,225 |
| Pre-tax net operating income | $1,680,000 | 3,242 |
| Securities gains (losses) | $0 | 4,204 |
| Applicable income taxes | $564,000 | 2,792 |
| Income before extraordinary items | $1,116,000 | 3,699 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $1,116,000 | 3,699 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $26,000 | 5,102 |
| Cash dividends | $0 | 5,519 |
| Sale, conversion, retirement of capital stock, net | $2,339,000 | 222 |
| Net operating income | $1,116,000 | 3,529 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $5,142,000 | 2,808 |
| Total interest expense | $2,367,000 | 2,025 |
| Net interest income | $2,775,000 | 3,404 |
| Provision for loan and lease losses | $278,000 | 1,961 |
| Total noninterest income | $606,000 | 3,318 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $606,000 | 2,176 |
| Total noninterest expense | $2,070,000 | 3,592 |
| Salaries and employee benefits | $1,109,000 | 3,580 |
| Premises and equipment expense | $292,000 | 3,586 |
| Additional noninterest expense | $669,000 | 3,372 |
| Pre-tax net operating income | $1,033,000 | 3,447 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $345,000 | 2,983 |
| Income before extraordinary items | $688,000 | 3,915 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $688,000 | 3,915 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $14,000 | 4,977 |
| Cash dividends | $0 | 5,215 |
| Sale, conversion, retirement of capital stock, net | $1,400,000 | 183 |
| Net operating income | $688,000 | 3,729 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $2,494,000 | 2,924 |
| Total interest expense | $1,187,000 | 2,070 |
| Net interest income | $1,307,000 | 3,565 |
| Provision for loan and lease losses | $90,000 | 2,494 |
| Total noninterest income | $270,000 | 3,480 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $270,000 | 2,254 |
| Total noninterest expense | $1,010,000 | 3,631 |
| Salaries and employee benefits | $535,000 | 3,695 |
| Premises and equipment expense | $144,000 | 3,607 |
| Additional noninterest expense | $331,000 | 3,349 |
| Pre-tax net operating income | $477,000 | 3,610 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $160,000 | 3,112 |
| Income before extraordinary items | $317,000 | 4,085 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $317,000 | 4,083 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $10,000 | 3,949 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $317,000 | 3,888 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $8,842,000 | 3,356 |
| Total interest expense | $4,475,000 | 2,485 |
| Net interest income | $4,367,000 | 4,085 |
| Provision for loan and lease losses | $553,000 | 2,211 |
| Total noninterest income | $649,000 | 4,522 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $649,000 | 2,835 |
| Total noninterest expense | $3,101,000 | 4,351 |
| Salaries and employee benefits | $1,632,000 | 4,392 |
| Premises and equipment expense | $503,000 | 3,922 |
| Additional noninterest expense | $966,000 | 4,295 |
| Pre-tax net operating income | $1,362,000 | 4,359 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $409,000 | 3,841 |
| Income before extraordinary items | $953,000 | 4,727 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $953,000 | 4,725 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $26,000 | 6,049 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $953,000 | 4,606 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $5,826,000 | 5,071 |
| Total interest expense | $3,602,000 | 4,117 |
| Net interest income | $2,224,000 | 6,092 |
| Provision for loan and lease losses | $321,000 | 3,068 |
| Total noninterest income | $397,000 | 5,699 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $397,000 | 3,548 |
| Total noninterest expense | $2,046,000 | 5,648 |
| Salaries and employee benefits | $1,014,000 | 5,925 |
| Premises and equipment expense | $476,000 | 4,060 |
| Additional noninterest expense | $556,000 | 6,126 |
| Pre-tax net operating income | $254,000 | 7,617 |
| Securities gains (losses) | $21,000 | 3,115 |
| Applicable income taxes | $77,000 | 6,310 |
| Income before extraordinary items | $198,000 | 7,758 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $198,000 | 7,761 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $15,000 | 6,555 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $182,880 | 7,735 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $4,137,000 | 6,372 |
| Total interest expense | $2,490,000 | 5,570 |
| Net interest income | $1,647,000 | 7,213 |
| Provision for loan and lease losses | $157,000 | 4,310 |
| Total noninterest income | $253,000 | 6,747 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $253,000 | 4,276 |
| Total noninterest expense | $1,526,000 | 6,691 |
| Salaries and employee benefits | $717,000 | 7,117 |
| Premises and equipment expense | $312,000 | 5,312 |
| Additional noninterest expense | $497,000 | 6,452 |
| Pre-tax net operating income | $217,000 | 8,296 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $0 | 8,362 |
| Income before extraordinary items | $217,000 | 7,966 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $217,000 | 7,966 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 7,622 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $217,000 | 7,971 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $2,430,000 | 7,988 |
| Total interest expense | $1,455,000 | 7,085 |
| Net interest income | $975,000 | 8,686 |
| Provision for loan and lease losses | $99,000 | 5,293 |
| Total noninterest income | $197,000 | 7,529 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $197,000 | 4,971 |
| Total noninterest expense | $1,265,000 | 7,387 |
| Salaries and employee benefits | $545,000 | 8,068 |
| Premises and equipment expense | $201,000 | 6,799 |
| Additional noninterest expense | $519,000 | 6,370 |
| Pre-tax net operating income | $-192,000 | 9,622 |
| Securities gains (losses) | $1,000 | 2,805 |
| Applicable income taxes | $0 | 8,765 |
| Income before extraordinary items | $-191,000 | 9,668 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $-191,000 | 9,666 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $10,000 | 6,803 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $-192,000 | 9,647 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $189,000 | 10,362 |
| Total interest expense | $155,000 | 10,240 |
| Net interest income | $34,000 | 10,431 |
| Provision for loan and lease losses | $100,000 | 5,089 |
| Total noninterest income | $12,000 | 10,282 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $12,000 | 9,880 |
| Total noninterest expense | $496,000 | 9,794 |
| Salaries and employee benefits | $239,000 | 9,929 |
| Premises and equipment expense | $59,000 | 9,596 |
| Additional noninterest expense | $198,000 | 9,143 |
| Pre-tax net operating income | $-550,000 | 10,212 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $0 | 9,340 |
| Income before extraordinary items | $-550,000 | 10,251 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $-550,000 | 10,248 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,132 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $5,774,000 | 206 |
| Net operating income | $-550,000 | 10,225 |
* 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.