Home > Progressive Bank and Trust Company > Income and Expense
Progressive Bank and Trust Company, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $11,319,000 | 2,686 |
| Total interest expense | $4,283,000 | 2,861 |
| Net interest income | $7,036,000 | 2,554 |
| Provision for loan and lease losses | $-648,000 | 12,496 |
| Total noninterest income | $2,243,000 | 1,688 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $948,000 | 1,420 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,295,000 | 1,543 |
| Total noninterest expense | $4,933,000 | 2,808 |
| Salaries and employee benefits | $2,468,000 | 2,700 |
| Premises and equipment expense | $701,000 | 2,825 |
| Additional noninterest expense | $1,764,000 | 2,879 |
| Pre-tax net operating income | $4,994,000 | 1,477 |
| Securities gains (losses) | $-72,000 | 11,319 |
| Applicable income taxes | $1,465,000 | 1,591 |
| Income before extraordinary items | $3,457,000 | 1,434 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,457,000 | 1,433 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-8,000 | 10,674 |
| Cash dividends | $1,338,000 | 1,533 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,507,400 | 1,429 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $11,245,000 | 2,756 |
| Total interest expense | $4,301,000 | 2,964 |
| Net interest income | $6,944,000 | 2,602 |
| Provision for loan and lease losses | $168,000 | 4,365 |
| Total noninterest income | $1,372,000 | 2,620 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $952,000 | 1,415 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $420,000 | 3,643 |
| Total noninterest expense | $4,783,000 | 2,964 |
| Salaries and employee benefits | $2,161,000 | 3,031 |
| Premises and equipment expense | $510,000 | 3,800 |
| Additional noninterest expense | $2,112,000 | 2,601 |
| Pre-tax net operating income | $3,365,000 | 2,026 |
| Securities gains (losses) | $63,000 | 3,105 |
| Applicable income taxes | $1,004,000 | 2,256 |
| Income before extraordinary items | $2,424,000 | 2,066 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,424,000 | 2,149 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-100,000 | 12,930 |
| Cash dividends | $446,000 | 3,417 |
| Sale, conversion, retirement of capital stock, net | $-8,000 | 13,157 |
| Net operating income | $2,379,270 | 1,975 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $10,545,000 | 3,321 |
| Total interest expense | $4,726,000 | 3,473 |
| Net interest income | $5,819,000 | 3,158 |
| Provision for loan and lease losses | $101,000 | 7,218 |
| Total noninterest income | $1,421,000 | 2,494 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $989,000 | 1,348 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $432,000 | 3,523 |
| Total noninterest expense | $4,571,000 | 3,114 |
| Salaries and employee benefits | $1,822,000 | 3,510 |
| Premises and equipment expense | $486,000 | 4,066 |
| Additional noninterest expense | $2,263,000 | 2,534 |
| Pre-tax net operating income | $2,568,000 | 2,413 |
| Securities gains (losses) | $115,000 | 2,787 |
| Applicable income taxes | $1,219,000 | 1,730 |
| Income before extraordinary items | $1,464,000 | 3,152 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,464,000 | 3,182 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $66,000 | 6,907 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,390,400 | 3,063 |
* 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.