Home > Piedmont Federal Savings Association > Income and Expense
Piedmont Federal Savings Association, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $17,214,000 | 1,819 |
| Total interest expense | $14,798,000 | 940 |
| Net interest income | $2,416,000 | 6,705 |
| Provision for loan and lease losses | $600,000 | 1,833 |
| Total noninterest income | $1,011,000 | 3,313 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,011,000 | 2,022 |
| Total noninterest expense | $32,599,000 | 578 |
| Salaries and employee benefits | $3,109,000 | 2,123 |
| Premises and equipment expense | $2,169,000 | 1,008 |
| Additional noninterest expense | $27,321,000 | 376 |
| Pre-tax net operating income | $-29,772,000 | 13,288 |
| Securities gains (losses) | $-295,000 | 13,234 |
| Applicable income taxes | $-41,000 | 12,871 |
| Income before extraordinary items | $-30,026,000 | 13,253 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-30,026,000 | 13,253 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,704,000 | 601 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-29,731,000 | 13,254 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,407,000 | 5,204 |
| Total interest expense | $5,472,000 | 3,037 |
| Net interest income | $935,000 | 11,362 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $81,000 | 12,253 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $81,000 | 8,805 |
| Total noninterest expense | $2,974,000 | 4,575 |
| Salaries and employee benefits | $674,000 | 8,192 |
| Premises and equipment expense | $563,000 | 3,573 |
| Additional noninterest expense | $1,737,000 | 3,151 |
| Pre-tax net operating income | $-1,958,000 | 13,631 |
| Securities gains (losses) | $1,094,000 | 610 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $-864,000 | 13,516 |
| Extraordinary gains, net | $-1,988,000 | 13,887 |
| Net income | $-2,852,000 | 13,734 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $212,000 | 4,061 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $-20,949,000 | 13,924 |
| Net operating income | $-1,958,000 | 13,620 |
* 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.