Home > Old Southern Bank > Income and Expense

Old Southern Bank, Income and Expense

2009-12-31 (YTD Data)Rank
Total interest income$16,670,0002,043
Total interest expense$9,420,0001,263
Net interest income$7,250,0002,973
Provision for loan and lease losses$28,884,000383
Total noninterest income$812,0003,738
Gross Fiduciary activities income$01,390
Service charges on deposit accounts$517,0002,813
Trading account gains and fees$0211
Additional Noninterest Income$295,0004,013
Total noninterest expense$13,444,0001,539
Salaries and employee benefits$4,479,0002,193
Premises and equipment expense$3,179,000851
Additional noninterest expense$5,786,0001,301
Pre-tax net operating income$-34,266,0007,819
Securities gains (losses)$143,0001,823
Applicable income taxes$-1,586,0007,442
Income before extraordinary items$-32,537,0007,826
Extraordinary gains, net$034
Net income$-32,537,0007,826
Minority interest net income$0115
Net income of bank and minority interests.$-32,537,0007,826
Net charge-offs$13,434,000539
Cash dividends$04,670
Sale, conversion, retirement of capital stock, net$-337,0007,973
Net operating income$-32,672,8507,827
2009-09-30 (YTD Data)Rank
Total interest income$12,775,0002,028
Total interest expense$7,349,0001,277
Net interest income$5,426,0002,972
Provision for loan and lease losses$8,885,000687
Total noninterest income$579,0003,915
Gross Fiduciary activities income$01,353
Service charges on deposit accounts$361,0002,990
Trading account gains and fees$0212
Additional Noninterest Income$218,0004,145
Total noninterest expense$7,124,0002,110
Salaries and employee benefits$3,444,0002,158
Premises and equipment expense$1,667,0001,239
Additional noninterest expense$2,013,0002,557
Pre-tax net operating income$-10,004,0007,742
Securities gains (losses)$104,0001,812
Applicable income taxes$-3,882,0007,863
Income before extraordinary items$-6,018,0007,651
Extraordinary gains, net$027
Net income$-6,018,0007,651
Minority interest net income$0118
Net income of bank and minority interests.$-6,018,0007,651
Net charge-offs$3,087,0001,166
Cash dividends$04,191
Sale, conversion, retirement of capital stock, net$-336,0008,072
Net operating income$-6,084,5607,665
2009-06-30 (YTD Data)Rank
Total interest income$8,336,0002,109
Total interest expense$5,077,0001,297
Net interest income$3,259,0003,230
Provision for loan and lease losses$7,730,000543
Total noninterest income$360,0004,057
Gross Fiduciary activities income$01,340
Service charges on deposit accounts$219,0003,142
Trading account gains and fees$0193
Additional Noninterest Income$141,0004,233
Total noninterest expense$4,560,0002,206
Salaries and employee benefits$2,256,0002,235
Premises and equipment expense$1,068,0001,315
Additional noninterest expense$1,236,0002,748
Pre-tax net operating income$-8,671,0007,886
Securities gains (losses)$86,0001,594
Applicable income taxes$-3,369,0007,991
Income before extraordinary items$-5,216,0007,813
Extraordinary gains, net$021
Net income$-5,216,0007,812
Minority interest net income$0112
Net income of bank and minority interests.$-5,216,0007,812
Net charge-offs$2,779,000910
Cash dividends$03,983
Sale, conversion, retirement of capital stock, net$-317,0008,175
Net operating income$-5,271,0407,829
2009-03-31 (YTD Data)Rank
Total interest income$4,015,0002,200
Total interest expense$2,377,0001,461
Net interest income$1,638,0003,203
Provision for loan and lease losses$6,436,000343
Total noninterest income$157,0004,302
Gross Fiduciary activities income$01,285
Service charges on deposit accounts$96,0003,335
Trading account gains and fees$0171
Additional Noninterest Income$61,0004,486
Total noninterest expense$2,872,0001,727
Salaries and employee benefits$1,624,0001,602
Premises and equipment expense$598,0001,203
Additional noninterest expense$650,0002,388
Pre-tax net operating income$-7,513,0008,084
Securities gains (losses)$1,0002,304
Applicable income taxes$-2,831,0008,124
Income before extraordinary items$-4,681,0008,046
Extraordinary gains, net$015
Net income$-4,681,0008,047
Minority interest net income$0102
Net income of bank and minority interests.$-4,681,0008,047
Net charge-offs$2,627,000495
Cash dividends$03,051
Sale, conversion, retirement of capital stock, net$87,000388
Net operating income$-4,681,6408,046
2008-12-31 (YTD Data)Rank
Total interest income$14,821,0002,492
Total interest expense$7,483,0002,086
Net interest income$7,338,0002,917
Provision for loan and lease losses$4,220,0001,131
Total noninterest income$275,0005,969
Gross Fiduciary activities income$01,441
Service charges on deposit accounts$284,0004,118
Trading account gains and fees$0154
Additional Noninterest Income$-9,0008,039
Total noninterest expense$10,075,0001,914
Salaries and employee benefits$5,838,0001,742
Premises and equipment expense$2,203,0001,238
Additional noninterest expense$2,034,0002,829
Pre-tax net operating income$-6,682,0007,889
Securities gains (losses)$312,000532
Applicable income taxes$-2,391,0007,965
Income before extraordinary items$-3,979,0007,736
Extraordinary gains, net$039
Net income$-3,979,0007,735
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,675,0001,457
Cash dividends$05,455
Sale, conversion, retirement of capital stock, net$643,000495
Net operating income$-4,178,6807,815
2008-09-30 (YTD Data)Rank
Total interest income$10,714,0002,641
Total interest expense$5,340,0002,249
Net interest income$5,374,0003,008
Provision for loan and lease losses$1,249,0001,607
Total noninterest income$445,0004,598
Gross Fiduciary activities income$01,405
Service charges on deposit accounts$193,0004,327
Trading account gains and fees$0148
Additional Noninterest Income$252,0004,010
Total noninterest expense$7,337,0001,956
Salaries and employee benefits$4,404,0001,757
Premises and equipment expense$1,539,0001,350
Additional noninterest expense$1,394,0002,962
Pre-tax net operating income$-2,767,0007,986
Securities gains (losses)$312,000452
Applicable income taxes$-812,0008,000
Income before extraordinary items$-1,643,0007,765
Extraordinary gains, net$031
Net income$-1,643,0007,764
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,436,0001,051
Cash dividends$04,937
Sale, conversion, retirement of capital stock, net$442,000408
Net operating income$-1,852,0407,908
2008-06-30 (YTD Data)Rank
Total interest income$7,091,0002,685
Total interest expense$3,635,0002,296
Net interest income$3,456,0003,096
Provision for loan and lease losses$858,0001,350
Total noninterest income$280,0004,774
Gross Fiduciary activities income$01,395
Service charges on deposit accounts$112,0004,627
Trading account gains and fees$0149
Additional Noninterest Income$168,0004,115
Total noninterest expense$4,759,0002,012
Salaries and employee benefits$2,880,0001,811
Premises and equipment expense$974,0001,421
Additional noninterest expense$905,0003,000
Pre-tax net operating income$-1,881,0008,139
Securities gains (losses)$292,000456
Applicable income taxes$-472,0008,167
Income before extraordinary items$-1,117,0008,033
Extraordinary gains, net$021
Net income$-1,117,0008,033
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,347,000720
Cash dividends$04,733
Sale, conversion, retirement of capital stock, net$287,000348
Net operating income$-1,321,4008,095
2008-03-31 (YTD Data)Rank
Total interest income$3,588,0002,724
Total interest expense$1,919,0002,316
Net interest income$1,669,0003,198
Provision for loan and lease losses$206,0001,791
Total noninterest income$136,0004,832
Gross Fiduciary activities income$01,326
Service charges on deposit accounts$54,0004,649
Trading account gains and fees$0158
Additional Noninterest Income$82,0004,146
Total noninterest expense$2,321,0002,066
Salaries and employee benefits$1,409,0001,871
Premises and equipment expense$496,0001,406
Additional noninterest expense$416,0003,195
Pre-tax net operating income$-722,0008,204
Securities gains (losses)$260,000371
Applicable income taxes$-153,0008,217
Income before extraordinary items$-309,0007,991
Extraordinary gains, net$015
Net income$-309,0007,990
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$432,000783
Cash dividends$03,705
Sale, conversion, retirement of capital stock, net$134,000274
Net operating income$-483,2008,124
2007-12-31 (YTD Data)Rank
Total interest income$10,950,0003,542
Total interest expense$5,681,0003,142
Net interest income$5,269,0003,834
Provision for loan and lease losses$2,336,000743
Total noninterest income$241,0006,461
Gross Fiduciary activities income$01,498
Service charges on deposit accounts$73,0006,396
Trading account gains and fees$0178
Additional Noninterest Income$168,0005,384
Total noninterest expense$7,779,0002,346
Salaries and employee benefits$4,929,0002,042
Premises and equipment expense$1,514,0001,732
Additional noninterest expense$1,336,0003,755
Pre-tax net operating income$-4,605,0008,434
Securities gains (losses)$02,146
Applicable income taxes$-1,630,0008,448
Income before extraordinary items$-2,975,0008,399
Extraordinary gains, net$039
Net income$-2,975,0008,396
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,600
Cash dividends$05,817
Sale, conversion, retirement of capital stock, net$2,414,000340
Net operating income$-2,975,0008,391
2007-09-30 (YTD Data)Rank
Total interest income$7,456,0003,788
Total interest expense$3,852,0003,400
Net interest income$3,604,0004,130
Provision for loan and lease losses$1,003,000896
Total noninterest income$108,0007,222
Gross Fiduciary activities income$01,458
Service charges on deposit accounts$30,0006,928
Trading account gains and fees$0184
Additional Noninterest Income$78,0006,199
Total noninterest expense$5,703,0002,376
Salaries and employee benefits$3,667,0002,057
Premises and equipment expense$1,084,0001,813
Additional noninterest expense$952,0003,854
Pre-tax net operating income$-2,994,0008,491
Securities gains (losses)$01,655
Applicable income taxes$-1,016,0008,494
Income before extraordinary items$-1,978,0008,460
Extraordinary gains, net$033
Net income$-1,978,0008,456
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,076
Cash dividends$05,179
Sale, conversion, retirement of capital stock, net$2,240,000261
Net operating income$-1,978,0008,448
2007-06-30 (YTD Data)Rank
Total interest income$4,436,0004,110
Total interest expense$2,194,0003,774
Net interest income$2,242,0004,361
Provision for loan and lease losses$701,000776
Total noninterest income$16,0008,274
Gross Fiduciary activities income$01,429
Service charges on deposit accounts$8,0007,273
Trading account gains and fees$0168
Additional Noninterest Income$8,0008,008
Total noninterest expense$3,713,0002,449
Salaries and employee benefits$2,384,0002,150
Premises and equipment expense$687,0001,906
Additional noninterest expense$642,0003,806
Pre-tax net operating income$-2,156,0008,558
Securities gains (losses)$01,444
Applicable income taxes$-730,0008,566
Income before extraordinary items$-1,426,0008,537
Extraordinary gains, net$029
Net income$-1,426,0008,534
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$05,517
Cash dividends$04,977
Sale, conversion, retirement of capital stock, net$2,155,000198
Net operating income$-1,426,0008,526
2007-03-31 (YTD Data)Rank
Total interest income$1,904,0004,538
Total interest expense$997,0004,021
Net interest income$907,0004,970
Provision for loan and lease losses$312,000767
Total noninterest income$6,0008,365
Gross Fiduciary activities income$01,355
Service charges on deposit accounts$4,0007,300
Trading account gains and fees$0195
Additional Noninterest Income$2,0008,219
Total noninterest expense$1,674,0002,718
Salaries and employee benefits$1,116,0002,304
Premises and equipment expense$308,0002,121
Additional noninterest expense$250,0004,540
Pre-tax net operating income$-1,073,0008,594
Securities gains (losses)$01,187
Applicable income taxes$-345,0008,595
Income before extraordinary items$-728,0008,576
Extraordinary gains, net$022
Net income$-728,0008,574
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$04,509
Cash dividends$03,942
Sale, conversion, retirement of capital stock, net$1,702,000115
Net operating income$-728,0008,570
2006-12-31 (YTD Data)Rank
Total interest income$3,202,0006,630
Total interest expense$1,065,0006,811
Net interest income$2,137,0006,406
Provision for loan and lease losses$490,0001,940
Total noninterest income$4,0008,551
Gross Fiduciary activities income$01,523
Service charges on deposit accounts$1,0007,596
Trading account gains and fees$0130
Additional Noninterest Income$3,0008,437
Total noninterest expense$5,117,0003,286
Salaries and employee benefits$3,137,0003,007
Premises and equipment expense$808,0002,981
Additional noninterest expense$1,172,0004,007
Pre-tax net operating income$-3,466,0008,644
Securities gains (losses)$01,687
Applicable income taxes$-1,207,0008,636
Income before extraordinary items$-2,259,0008,608
Extraordinary gains, net$051
Net income$-2,259,0008,608
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,377
Cash dividends$05,941
Sale, conversion, retirement of capital stock, net$31,546,00035
Net operating income$-2,259,0008,602
2006-09-30 (YTD Data)Rank
Total interest income$1,698,0007,372
Total interest expense$261,0008,237
Net interest income$1,437,0006,728
Provision for loan and lease losses$246,0002,476
Total noninterest income$1,0008,655
Gross Fiduciary activities income$01,468
Service charges on deposit accounts$07,682
Trading account gains and fees$0126
Additional Noninterest Income$1,0008,569
Total noninterest expense$3,257,0003,731
Salaries and employee benefits$2,020,0003,421
Premises and equipment expense$626,0002,895
Additional noninterest expense$611,0005,160
Pre-tax net operating income$-2,065,0008,700
Securities gains (losses)$01,388
Applicable income taxes$-778,0008,711
Income before extraordinary items$-1,287,0008,648
Extraordinary gains, net$045
Net income$-1,287,0008,648
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$05,858
Cash dividends$05,292
Sale, conversion, retirement of capital stock, net$31,123,00025
Net operating income$-1,287,0008,641
2006-06-30 (YTD Data)Rank
Total interest income$972,0007,649
Total interest expense$40,0008,652
Net interest income$932,0006,837
Provision for loan and lease losses$107,0003,235
Total noninterest income$08,702
Gross Fiduciary activities income$01,458
Service charges on deposit accounts$07,707
Trading account gains and fees$0126
Additional Noninterest Income$08,630
Total noninterest expense$1,884,0004,165
Salaries and employee benefits$1,179,0003,787
Premises and equipment expense$249,0004,280
Additional noninterest expense$456,0004,775
Pre-tax net operating income$-1,059,0008,698
Securities gains (losses)$01,185
Applicable income taxes$-392,0008,733
Income before extraordinary items$-667,0008,637
Extraordinary gains, net$039
Net income$-667,0008,636
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$05,361
Cash dividends$05,069
Sale, conversion, retirement of capital stock, net$31,024,00015
Net operating income$-667,0008,628

* 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.