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Piedmont Bank, Income and Expense

2001-12-31 (YTD Data)		Rank
Total interest income	$13,581,000	2,520
Total interest expense	$7,806,000	2,064
Net interest income	$5,775,000	3,044
Provision for loan and lease losses	$1,083,000	1,177
Total noninterest income	$1,711,000	2,278
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$406,000	3,348
Trading account gains and fees	$0	177
Additional Noninterest Income	$1,305,000	1,704
Total noninterest expense	$5,573,000	2,539
Salaries and employee benefits	$3,053,000	2,469
Premises and equipment expense	$875,000	2,427
Additional noninterest expense	$1,645,000	2,656
Pre-tax net operating income	$830,000	5,394
Securities gains (losses)	$336,000	831
Applicable income taxes	$383,000	3,821
Income before extraordinary items	$783,000	4,926
Extraordinary gains, net	$0	105
Net income	$783,000	4,929
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$530,000	1,496
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$296,000	546
Net operating income	$557,880	5,684
2000-12-31 (YTD Data)		Rank
Total interest income	$10,042,000	3,380
Total interest expense	$5,300,000	3,146
Net interest income	$4,742,000	3,634
Provision for loan and lease losses	$445,000	2,079
Total noninterest income	$952,000	3,242
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$238,000	4,645
Trading account gains and fees	NA	NA
Additional Noninterest Income	$714,000	2,323
Total noninterest expense	$3,980,000	3,346
Salaries and employee benefits	$2,048,000	3,390
Premises and equipment expense	$617,000	3,186
Additional noninterest expense	$1,315,000	3,152
Pre-tax net operating income	$1,269,000	4,575
Securities gains (losses)	$28,000	862
Applicable income taxes	$454,000	3,713
Income before extraordinary items	$843,000	4,893
Extraordinary gains, net	$0	38
Net income	$843,000	4,892
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,622
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$2,714,000	311
Net operating income	$824,800	4,954
1999-12-31 (YTD Data)		Rank
Total interest income	$6,356,000	4,765
Total interest expense	$3,379,000	4,160
Net interest income	$2,977,000	5,189
Provision for loan and lease losses	$327,000	2,482
Total noninterest income	$682,000	4,067
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$115,000	6,446
Trading account gains and fees	NA	NA
Additional Noninterest Income	$567,000	2,722
Total noninterest expense	$2,800,000	4,471
Salaries and employee benefits	$1,488,000	4,375
Premises and equipment expense	$476,000	3,941
Additional noninterest expense	$836,000	4,639
Pre-tax net operating income	$532,000	6,987
Securities gains (losses)	$0	3,155
Applicable income taxes	$210,000	5,601
Income before extraordinary items	$322,000	7,461
Extraordinary gains, net	$-13,000	10,152
Net income	$309,000	7,541
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$7,000	7,085
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$227,000	710
Net operating income	$322,000	7,433
1998-12-31 (YTD Data)		Rank
Total interest income	$3,577,000	6,861
Total interest expense	$1,630,000	6,918
Net interest income	$1,947,000	6,769
Provision for loan and lease losses	$381,000	2,145
Total noninterest income	$333,000	6,173
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$59,000	7,810
Trading account gains and fees	NA	NA
Additional Noninterest Income	$274,000	4,216
Total noninterest expense	$1,894,000	5,806
Salaries and employee benefits	$965,000	5,915
Premises and equipment expense	$279,000	5,599
Additional noninterest expense	$650,000	5,446
Pre-tax net operating income	$5,000	9,766
Securities gains (losses)	$10,000	2,952
Applicable income taxes	$-180,000	10,302
Income before extraordinary items	$195,000	8,658
Extraordinary gains, net	$0	32
Net income	$195,000	8,657
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,132
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$185,000	8,649
1997-12-31 (YTD Data)		Rank
Total interest income	$662,000	10,604
Total interest expense	$177,000	10,694
Net interest income	$485,000	10,408
Provision for loan and lease losses	$292,000	2,684
Total noninterest income	$29,000	10,589
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$7,000	9,339
Trading account gains and fees	NA	NA
Additional Noninterest Income	$22,000	9,735
Total noninterest expense	$592,000	9,780
Salaries and employee benefits	$304,000	9,930
Premises and equipment expense	$76,000	9,545
Additional noninterest expense	$212,000	9,245
Pre-tax net operating income	$-370,000	10,683
Securities gains (losses)	$0	3,944
Applicable income taxes	$0	10,065
Income before extraordinary items	$-370,000	10,712
Extraordinary gains, net	$0	44
Net income	$-370,000	10,712
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,513
Cash dividends	$0	7,871
Sale, conversion, retirement of capital stock, net	$9,452,000	97
Net operating income	$-370,000	10,693

* 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.