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Ogeechee Valley Bank, Income and Expense

1998-12-31 (YTD Data)		Rank
Total interest income	$1,720,000	9,031
Total interest expense	$607,000	9,458
Net interest income	$1,113,000	8,545
Provision for loan and lease losses	$21,000	7,700
Total noninterest income	$223,000	7,296
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$193,000	5,239
Trading account gains and fees	NA	NA
Additional Noninterest Income	$30,000	9,010
Total noninterest expense	$813,000	8,743
Salaries and employee benefits	$403,000	8,948
Premises and equipment expense	$96,000	8,805
Additional noninterest expense	$314,000	7,993
Pre-tax net operating income	$502,000	7,352
Securities gains (losses)	$0	4,449
Applicable income taxes	$166,000	6,632
Income before extraordinary items	$336,000	7,614
Extraordinary gains, net	$0	32
Net income	$336,000	7,613
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$18,000	6,450
Cash dividends	$200,000	5,324
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$336,000	7,529
1997-12-31 (YTD Data)		Rank
Total interest income	$1,811,000	9,260
Total interest expense	$648,000	9,690
Net interest income	$1,163,000	8,780
Provision for loan and lease losses	$29,000	7,498
Total noninterest income	$187,000	8,021
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$170,000	5,829
Trading account gains and fees	NA	NA
Additional Noninterest Income	$17,000	10,015
Total noninterest expense	$835,000	8,909
Salaries and employee benefits	$381,000	9,381
Premises and equipment expense	$108,000	8,773
Additional noninterest expense	$346,000	7,839
Pre-tax net operating income	$486,000	7,998
Securities gains (losses)	$0	3,944
Applicable income taxes	$156,000	7,525
Income before extraordinary items	$330,000	8,153
Extraordinary gains, net	$0	44
Net income	$330,000	8,156
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$34,000	5,767
Cash dividends	$200,000	5,346
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$330,000	8,102
1996-12-31 (YTD Data)		Rank
Total interest income	$1,626,000	9,935
Total interest expense	$577,000	10,346
Net interest income	$1,049,000	9,418
Provision for loan and lease losses	$0	9,041
Total noninterest income	$183,000	8,489
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$169,000	6,138
Trading account gains and fees	NA	NA
Additional Noninterest Income	$14,000	10,772
Total noninterest expense	$821,000	9,357
Salaries and employee benefits	$360,000	9,892
Premises and equipment expense	$101,000	9,258
Additional noninterest expense	$360,000	8,263
Pre-tax net operating income	$411,000	8,443
Securities gains (losses)	$0	4,148
Applicable income taxes	$145,000	7,956
Income before extraordinary items	$266,000	8,696
Extraordinary gains, net	$0	53
Net income	$266,000	8,694
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-31,000	10,855
Cash dividends	$100,000	6,641
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$266,000	8,637
1995-12-31 (YTD Data)		Rank
Total interest income	$1,485,000	10,553
Total interest expense	$537,000	10,894
Net interest income	$948,000	10,093
Provision for loan and lease losses	$60,000	5,704
Total noninterest income	$179,000	8,798
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$153,000	6,605
Trading account gains and fees	NA	NA
Additional Noninterest Income	$26,000	10,525
Total noninterest expense	$846,000	9,574
Salaries and employee benefits	$398,000	9,960
Premises and equipment expense	$106,000	9,444
Additional noninterest expense	$342,000	8,776
Pre-tax net operating income	$221,000	10,314
Securities gains (losses)	$0	3,831
Applicable income taxes	$58,000	10,021
Income before extraordinary items	$163,000	10,331
Extraordinary gains, net	$0	65
Net income	$163,000	10,334
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$8,000	7,680
Cash dividends	$25,000	8,267
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$163,000	10,313
1994-12-31 (YTD Data)		Rank
Total interest income	$1,293,000	11,153
Total interest expense	$409,000	11,534
Net interest income	$884,000	10,770
Provision for loan and lease losses	$60,000	5,594
Total noninterest income	$160,000	9,513
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$136,000	7,213
Trading account gains and fees	NA	NA
Additional Noninterest Income	$24,000	11,176
Total noninterest expense	$803,000	10,235
Salaries and employee benefits	$361,000	10,636
Premises and equipment expense	$119,000	9,419
Additional noninterest expense	$323,000	9,680
Pre-tax net operating income	$181,000	11,048
Securities gains (losses)	$0	3,600
Applicable income taxes	$31,000	10,901
Income before extraordinary items	$150,000	10,820
Extraordinary gains, net	$0	249
Net income	$150,000	10,824
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$51,000	5,073
Cash dividends	$22,000	8,549
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$150,000	10,872
1993-12-31 (YTD Data)		Rank
Total interest income	$1,344,000	11,583
Total interest expense	$463,000	11,871
Net interest income	$881,000	11,233
Provision for loan and lease losses	$138,000	4,876
Total noninterest income	$193,000	9,352
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$142,000	7,297
Trading account gains and fees	NA	NA
Additional Noninterest Income	$51,000	10,038
Total noninterest expense	$794,000	10,696
Salaries and employee benefits	$355,000	11,094
Premises and equipment expense	$118,000	9,857
Additional noninterest expense	$321,000	10,180
Pre-tax net operating income	$142,000	11,533
Securities gains (losses)	$25,000	4,353
Applicable income taxes	$31,000	11,357
Income before extraordinary items	$136,000	11,381
Extraordinary gains, net	$0	3,149
Net income	$136,000	11,449
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$263,000	2,663
Cash dividends	$15,000	8,780
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$115,750	11,439
1992-12-31 (YTD Data)		Rank
Total interest income	$1,632,000	11,652
Total interest expense	$737,000	11,641
Net interest income	$895,000	11,540
Provision for loan and lease losses	$182,000	5,471
Total noninterest income	$191,000	9,589
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$159,000	6,884
Trading account gains and fees	NA	NA
Additional Noninterest Income	$32,000	11,632
Total noninterest expense	$786,000	11,076
Salaries and employee benefits	$344,000	11,505
Premises and equipment expense	$120,000	10,011
Additional noninterest expense	$322,000	10,530
Pre-tax net operating income	$118,000	11,835
Securities gains (losses)	$-11,000	13,323
Applicable income taxes	$11,000	12,338
Income before extraordinary items	$96,000	11,992
Extraordinary gains, net	$0	1,422
Net income	$96,000	12,059
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$131,000	5,216
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$105,900	11,576

* 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.