Home > Palmetto Federal Savings Bank of South Carolina > Income and Expense
Palmetto Federal Savings Bank of South Carolina, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $53,815,000 | 662 |
| Total interest expense | $29,016,000 | 592 |
| Net interest income | $24,799,000 | 732 |
| Provision for loan and lease losses | $3,023,000 | 430 |
| Total noninterest income | $4,229,000 | 1,037 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $631,000 | 98 |
| Additional Noninterest Income | $3,598,000 | 753 |
| Total noninterest expense | $26,980,000 | 562 |
| Salaries and employee benefits | $13,773,000 | 501 |
| Premises and equipment expense | $3,709,000 | 570 |
| Additional noninterest expense | $9,498,000 | 611 |
| Pre-tax net operating income | $-975,000 | 10,843 |
| Securities gains (losses) | $333,000 | 536 |
| Applicable income taxes | $210,000 | 6,756 |
| Income before extraordinary items | $-852,000 | 10,839 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $-852,000 | 10,838 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,842,000 | 284 |
| Cash dividends | $1,400,000 | 1,703 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $-1,185,000 | 10,851 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $49,403,000 | 741 |
| Total interest expense | $28,517,000 | 645 |
| Net interest income | $20,886,000 | 892 |
| Provision for loan and lease losses | $1,153,000 | 924 |
| Total noninterest income | $4,753,000 | 980 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $4,753,000 | 666 |
| Total noninterest expense | $24,457,000 | 664 |
| Salaries and employee benefits | $10,731,000 | 656 |
| Premises and equipment expense | $2,704,000 | 803 |
| Additional noninterest expense | $11,022,000 | 621 |
| Pre-tax net operating income | $29,000 | 10,686 |
| Securities gains (losses) | $1,042,000 | 246 |
| Applicable income taxes | $1,217,000 | 1,974 |
| Income before extraordinary items | $-146,000 | 11,054 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-146,000 | 11,052 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,590,000 | 491 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $-812,880 | 11,316 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $49,132,000 | 769 |
| Total interest expense | $30,533,000 | 638 |
| Net interest income | $18,599,000 | 995 |
| Provision for loan and lease losses | $1,321,000 | 771 |
| Total noninterest income | $4,848,000 | 978 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $3,000 | 476 |
| Additional Noninterest Income | $4,845,000 | 670 |
| Total noninterest expense | $16,636,000 | 918 |
| Salaries and employee benefits | $9,123,000 | 772 |
| Premises and equipment expense | $2,450,000 | 891 |
| Additional noninterest expense | $5,063,000 | 1,111 |
| Pre-tax net operating income | $5,490,000 | 1,397 |
| Securities gains (losses) | $545,000 | 330 |
| Applicable income taxes | $2,183,000 | 1,187 |
| Income before extraordinary items | $3,852,000 | 1,359 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $3,852,000 | 1,357 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $774,000 | 1,053 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $3,503,200 | 1,446 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $45,815,000 | 755 |
| Total interest expense | $26,501,000 | 577 |
| Net interest income | $19,314,000 | 957 |
| Provision for loan and lease losses | $2,544,000 | 481 |
| Total noninterest income | $5,316,000 | 890 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $112,000 | 227 |
| Additional Noninterest Income | $5,204,000 | 629 |
| Total noninterest expense | $16,687,000 | 922 |
| Salaries and employee benefits | $8,410,000 | 818 |
| Premises and equipment expense | $2,266,000 | 941 |
| Additional noninterest expense | $6,011,000 | 1,014 |
| Pre-tax net operating income | $5,399,000 | 1,367 |
| Securities gains (losses) | $51,000 | 1,146 |
| Applicable income taxes | $1,739,000 | 1,351 |
| Income before extraordinary items | $3,711,000 | 1,348 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,711,000 | 1,350 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $6,569,000 | 256 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,676,320 | 1,374 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $49,614,000 | 702 |
| Total interest expense | $30,745,000 | 522 |
| Net interest income | $18,869,000 | 975 |
| Provision for loan and lease losses | $8,195,000 | 317 |
| Total noninterest income | $-571,000 | 13,264 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $85,000 | 279 |
| Additional Noninterest Income | $-656,000 | 13,307 |
| Total noninterest expense | $16,154,000 | 991 |
| Salaries and employee benefits | $8,452,000 | 819 |
| Premises and equipment expense | $2,319,000 | 956 |
| Additional noninterest expense | $5,383,000 | 1,199 |
| Pre-tax net operating income | $-6,051,000 | 13,195 |
| Securities gains (losses) | $2,264,000 | 289 |
| Applicable income taxes | $-955,000 | 13,174 |
| Income before extraordinary items | $-2,832,000 | 13,127 |
| Extraordinary gains, net | $-10,454,000 | 13,270 |
| Net income | $-13,286,000 | 13,220 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,370,000 | 318 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $13,422,000 | 96 |
| Net operating income | $-4,530,000 | 13,142 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $59,516,000 | 670 |
| Total interest expense | $41,056,000 | 520 |
| Net interest income | $18,460,000 | 1,003 |
| Provision for loan and lease losses | $8,780,000 | 411 |
| Total noninterest income | $3,125,000 | 1,382 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $26,000 | 356 |
| Additional Noninterest Income | $3,099,000 | 933 |
| Total noninterest expense | $17,193,000 | 962 |
| Salaries and employee benefits | $8,095,000 | 840 |
| Premises and equipment expense | $2,442,000 | 949 |
| Additional noninterest expense | $6,656,000 | 1,052 |
| Pre-tax net operating income | $-4,388,000 | 13,765 |
| Securities gains (losses) | $7,203,000 | 150 |
| Applicable income taxes | $786,000 | 2,664 |
| Income before extraordinary items | $2,029,000 | 2,251 |
| Extraordinary gains, net | $1,086,000 | 118 |
| Net income | $3,115,000 | 1,504 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,699,000 | 481 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-3,157,160 | 13,706 |
* 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.