Palmer-American National Bank of Danville, Income and Expense

1998-12-31 (YTD Data)Rank
Total interest income$21,942,0001,475
Total interest expense$9,757,0001,572
Net interest income$12,185,0001,382
Provision for loan and lease losses$1,115,000881
Total noninterest income$2,347,0001,628
Gross Fiduciary activities income$385,000719
Service charges on deposit accounts$1,318,000940
Trading account gains and fees$0224
Additional Noninterest Income$644,0002,529
Total noninterest expense$8,378,0001,583
Salaries and employee benefits$3,865,0001,710
Premises and equipment expense$1,204,0001,635
Additional noninterest expense$3,309,0001,329
Pre-tax net operating income$5,039,0001,464
Securities gains (losses)$-4,00010,023
Applicable income taxes$1,581,0001,550
Income before extraordinary items$3,454,0001,527
Extraordinary gains, net$032
Net income$3,454,0001,527
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$547,0001,177
Cash dividends$4,886,000654
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$3,456,7601,459
1997-12-31 (YTD Data)Rank
Total interest income$21,463,0001,532
Total interest expense$9,026,0001,718
Net interest income$12,437,0001,385
Provision for loan and lease losses$1,398,000771
Total noninterest income$2,435,0001,507
Gross Fiduciary activities income$472,000673
Service charges on deposit accounts$1,330,000958
Trading account gains and fees$0239
Additional Noninterest Income$633,0002,383
Total noninterest expense$8,229,0001,604
Salaries and employee benefits$3,886,0001,690
Premises and equipment expense$1,145,0001,713
Additional noninterest expense$3,198,0001,360
Pre-tax net operating income$5,245,0001,477
Securities gains (losses)$-1,0009,009
Applicable income taxes$1,643,0001,574
Income before extraordinary items$3,601,0001,498
Extraordinary gains, net$044
Net income$3,601,0001,499
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$875,000874
Cash dividends$5,172,000609
Sale, conversion, retirement of capital stock, net$01,030
Net operating income$3,601,6901,463
1996-12-31 (YTD Data)Rank
Total interest income$21,264,0001,579
Total interest expense$9,087,0001,744
Net interest income$12,177,0001,471
Provision for loan and lease losses$2,318,000550
Total noninterest income$2,329,0001,628
Gross Fiduciary activities income$365,000803
Service charges on deposit accounts$1,383,000960
Trading account gains and fees$0262
Additional Noninterest Income$581,0002,625
Total noninterest expense$8,317,0001,706
Salaries and employee benefits$3,682,0001,787
Premises and equipment expense$1,117,0001,797
Additional noninterest expense$3,518,0001,507
Pre-tax net operating income$3,871,0001,867
Securities gains (losses)$04,148
Applicable income taxes$1,120,0002,127
Income before extraordinary items$2,751,0001,797
Extraordinary gains, net$053
Net income$2,751,0001,798
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,891,000596
Cash dividends$2,650,0001,044
Sale, conversion, retirement of capital stock, net$0953
Net operating income$2,751,0001,768
1995-12-31 (YTD Data)Rank
Total interest income$21,358,0001,581
Total interest expense$9,138,0001,735
Net interest income$12,220,0001,474
Provision for loan and lease losses$740,0001,175
Total noninterest income$2,676,0001,462
Gross Fiduciary activities income$302,000897
Service charges on deposit accounts$1,571,000839
Trading account gains and fees$0522
Additional Noninterest Income$803,0002,101
Total noninterest expense$8,359,0001,682
Salaries and employee benefits$3,943,0001,682
Premises and equipment expense$1,286,0001,579
Additional noninterest expense$3,130,0001,643
Pre-tax net operating income$5,797,0001,315
Securities gains (losses)$-1,0009,017
Applicable income taxes$1,815,0001,384
Income before extraordinary items$3,981,0001,331
Extraordinary gains, net$065
Net income$3,981,0001,329
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,604,000656
Cash dividends$2,700,000997
Sale, conversion, retirement of capital stock, net$0809
Net operating income$3,981,6901,308
1994-12-31 (YTD Data)Rank
Total interest income$18,894,0001,630
Total interest expense$6,601,0001,891
Net interest income$12,293,0001,470
Provision for loan and lease losses$600,0001,325
Total noninterest income$3,298,0001,274
Gross Fiduciary activities income$956,000534
Service charges on deposit accounts$1,514,000853
Trading account gains and fees$0475
Additional Noninterest Income$828,0002,090
Total noninterest expense$9,799,0001,504
Salaries and employee benefits$4,652,0001,450
Premises and equipment expense$1,475,0001,417
Additional noninterest expense$3,672,0001,517
Pre-tax net operating income$5,192,0001,418
Securities gains (losses)$03,600
Applicable income taxes$1,461,0001,596
Income before extraordinary items$3,731,0001,344
Extraordinary gains, net$0249
Net income$3,731,0001,346
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$150,0002,966
Cash dividends$1,500,0001,399
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$3,731,0001,356
1993-12-31 (YTD Data)Rank
Total interest income$16,918,0001,855
Total interest expense$6,311,0002,055
Net interest income$10,607,0001,714
Provision for loan and lease losses$750,0001,576
Total noninterest income$2,712,0001,579
Gross Fiduciary activities income$757,000627
Service charges on deposit accounts$1,141,0001,170
Trading account gains and fees$0532
Additional Noninterest Income$814,0002,363
Total noninterest expense$8,744,0001,737
Salaries and employee benefits$4,163,0001,614
Premises and equipment expense$1,203,0001,746
Additional noninterest expense$3,378,0001,732
Pre-tax net operating income$3,825,0001,802
Securities gains (losses)$19,0004,737
Applicable income taxes$1,134,0002,020
Income before extraordinary items$2,710,0001,838
Extraordinary gains, net$03,149
Net income$2,710,0001,902
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,049,0001,113
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$2,696,7001,743
1992-12-31 (YTD Data)Rank
Total interest income$14,368,0002,437
Total interest expense$5,776,0002,884
Net interest income$8,592,0002,121
Provision for loan and lease losses$303,0004,086
Total noninterest income$1,877,0002,027
Gross Fiduciary activities income$681,000665
Service charges on deposit accounts$771,0001,753
Trading account gains and fees$-76,0005,261
Additional Noninterest Income$501,0003,183
Total noninterest expense$5,770,0002,507
Salaries and employee benefits$2,882,0002,260
Premises and equipment expense$771,0002,695
Additional noninterest expense$2,117,0002,668
Pre-tax net operating income$4,396,0001,448
Securities gains (losses)$60,0003,829
Applicable income taxes$1,492,0001,461
Income before extraordinary items$2,964,0001,555
Extraordinary gains, net$01,422
Net income$2,964,0001,569
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$380,0002,918
Cash dividends$823,0001,858
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$2,923,8001,470

* 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.