Home > Ocean Independent Bank > Income and Expense
Ocean Independent Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,944,000 | 8,434 |
| Total interest expense | $947,000 | 9,342 |
| Net interest income | $1,997,000 | 7,682 |
| Provision for loan and lease losses | $190,000 | 4,040 |
| Total noninterest income | $1,554,000 | 2,380 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $260,000 | 4,954 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,294,000 | 1,720 |
| Total noninterest expense | $3,214,000 | 4,245 |
| Salaries and employee benefits | $1,007,000 | 6,097 |
| Premises and equipment expense | $381,000 | 4,908 |
| Additional noninterest expense | $1,826,000 | 2,954 |
| Pre-tax net operating income | $147,000 | 11,497 |
| Securities gains (losses) | $5,000 | 6,132 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $152,000 | 11,177 |
| Extraordinary gains, net | $100,000 | 1,558 |
| Net income | $252,000 | 10,154 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $210,000 | 3,045 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $147,000 | 11,030 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,668,000 | 9,592 |
| Total interest expense | $991,000 | 10,435 |
| Net interest income | $1,677,000 | 8,728 |
| Provision for loan and lease losses | $177,000 | 5,621 |
| Total noninterest income | $881,000 | 3,679 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $199,000 | 6,008 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $682,000 | 2,587 |
| Total noninterest expense | $2,752,000 | 4,893 |
| Salaries and employee benefits | $1,062,000 | 5,732 |
| Premises and equipment expense | $372,000 | 5,092 |
| Additional noninterest expense | $1,318,000 | 3,995 |
| Pre-tax net operating income | $-371,000 | 13,220 |
| Securities gains (losses) | $49,000 | 4,164 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $-322,000 | 13,267 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-322,000 | 13,262 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $142,000 | 5,022 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $2,000 | 1,126 |
| Net operating income | $-371,000 | 13,203 |
* 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.