Home > Red Oak Bank > Income and Expense

Red Oak Bank, Income and Expense

2005-03-31 (YTD Data)		Rank
Total interest income	$1,365,000	4,776
Total interest expense	$412,000	4,587
Net interest income	$953,000	4,774
Provision for loan and lease losses	$29,000	4,274
Total noninterest income	$18,000	8,309
Gross Fiduciary activities income	$0	1,418
Service charges on deposit accounts	$7,000	7,502
Trading account gains and fees	$0	115
Additional Noninterest Income	$11,000	7,631
Total noninterest expense	$831,000	4,436
Salaries and employee benefits	$333,000	5,451
Premises and equipment expense	$103,000	4,762
Additional noninterest expense	$395,000	3,051
Pre-tax net operating income	$111,000	7,068
Securities gains (losses)	$0	1,685
Applicable income taxes	$0	6,892
Income before extraordinary items	$111,000	6,711
Extraordinary gains, net	$0	24
Net income	$111,000	6,713
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	4,728
Cash dividends	$0	3,863
Sale, conversion, retirement of capital stock, net	$658,000	143
Net operating income	$111,000	6,680
2004-12-31 (YTD Data)		Rank
Total interest income	$5,159,000	4,740
Total interest expense	$1,682,000	4,175
Net interest income	$3,477,000	4,930
Provision for loan and lease losses	$231,000	3,449
Total noninterest income	$66,000	8,440
Gross Fiduciary activities income	$0	1,582
Service charges on deposit accounts	$24,000	7,620
Trading account gains and fees	$0	138
Additional Noninterest Income	$42,000	7,616
Total noninterest expense	$2,556,000	5,226
Salaries and employee benefits	$1,334,000	5,339
Premises and equipment expense	$446,000	4,440
Additional noninterest expense	$776,000	5,197
Pre-tax net operating income	$756,000	5,926
Securities gains (losses)	$0	3,819
Applicable income taxes	$0	7,185
Income before extraordinary items	$756,000	5,399
Extraordinary gains, net	$0	34
Net income	$756,000	5,401
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$32,000	5,177
Cash dividends	$0	6,149
Sale, conversion, retirement of capital stock, net	$0	872
Net operating income	$756,000	5,323
2004-09-30 (YTD Data)		Rank
Total interest income	$3,800,000	4,790
Total interest expense	$1,271,000	4,103
Net interest income	$2,529,000	5,023
Provision for loan and lease losses	$195,000	3,028
Total noninterest income	$49,000	8,493
Gross Fiduciary activities income	$0	1,547
Service charges on deposit accounts	$22,000	7,606
Trading account gains and fees	$0	134
Additional Noninterest Income	$27,000	7,817
Total noninterest expense	$1,911,000	5,195
Salaries and employee benefits	$991,000	5,358
Premises and equipment expense	$340,000	4,377
Additional noninterest expense	$580,000	5,153
Pre-tax net operating income	$472,000	6,448
Securities gains (losses)	$0	3,710
Applicable income taxes	$0	7,220
Income before extraordinary items	$472,000	5,955
Extraordinary gains, net	$0	26
Net income	$472,000	5,955
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$32,000	4,322
Cash dividends	$0	5,363
Sale, conversion, retirement of capital stock, net	$0	738
Net operating income	$472,000	5,883
2004-06-30 (YTD Data)		Rank
Total interest income	$2,456,000	4,901
Total interest expense	$850,000	4,098
Net interest income	$1,606,000	5,190
Provision for loan and lease losses	$146,000	2,838
Total noninterest income	$34,000	8,523
Gross Fiduciary activities income	$0	1,518
Service charges on deposit accounts	$14,000	7,676
Trading account gains and fees	$0	130
Additional Noninterest Income	$20,000	7,733
Total noninterest expense	$1,229,000	5,352
Salaries and employee benefits	$643,000	5,481
Premises and equipment expense	$228,000	4,370
Additional noninterest expense	$358,000	5,438
Pre-tax net operating income	$265,000	6,736
Securities gains (losses)	$0	3,413
Applicable income taxes	$0	7,214
Income before extraordinary items	$265,000	6,316
Extraordinary gains, net	$0	21
Net income	$265,000	6,317
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,017
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$0	638
Net operating income	$265,000	6,231
2004-03-31 (YTD Data)		Rank
Total interest income	$1,201,000	4,993
Total interest expense	$428,000	4,124
Net interest income	$773,000	5,325
Provision for loan and lease losses	$45,000	3,437
Total noninterest income	$20,000	8,411
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$8,000	7,614
Trading account gains and fees	$0	121
Additional Noninterest Income	$12,000	7,544
Total noninterest expense	$616,000	5,363
Salaries and employee benefits	$323,000	5,499
Premises and equipment expense	$117,000	4,321
Additional noninterest expense	$176,000	5,500
Pre-tax net operating income	$132,000	6,696
Securities gains (losses)	$0	2,934
Applicable income taxes	$0	7,103
Income before extraordinary items	$132,000	6,306
Extraordinary gains, net	$0	16
Net income	$132,000	6,305
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	5,097
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$132,000	6,193
2003-12-31 (YTD Data)		Rank
Total interest income	$4,597,000	5,172
Total interest expense	$1,652,000	4,595
Net interest income	$2,945,000	5,370
Provision for loan and lease losses	$319,000	3,028
Total noninterest income	$105,000	8,249
Gross Fiduciary activities income	$0	1,641
Service charges on deposit accounts	$38,000	7,611
Trading account gains and fees	$0	160
Additional Noninterest Income	$67,000	7,177
Total noninterest expense	$2,230,000	5,629
Salaries and employee benefits	$1,169,000	5,731
Premises and equipment expense	$406,000	4,686
Additional noninterest expense	$655,000	5,708
Pre-tax net operating income	$501,000	6,680
Securities gains (losses)	$0	4,500
Applicable income taxes	$0	7,459
Income before extraordinary items	$501,000	6,331
Extraordinary gains, net	$0	54
Net income	$501,000	6,335
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,000	7,027
Cash dividends	$0	6,283
Sale, conversion, retirement of capital stock, net	$5,237,000	183
Net operating income	$501,000	6,177
2003-09-30 (YTD Data)		Rank
Total interest income	$3,415,000	5,259
Total interest expense	$1,226,000	4,751
Net interest income	$2,189,000	5,410
Provision for loan and lease losses	$246,000	2,885
Total noninterest income	$78,000	8,323
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$28,000	7,684
Trading account gains and fees	$0	153
Additional Noninterest Income	$50,000	7,214
Total noninterest expense	$1,662,000	5,627
Salaries and employee benefits	$852,000	5,793
Premises and equipment expense	$303,000	4,685
Additional noninterest expense	$507,000	5,594
Pre-tax net operating income	$359,000	6,902
Securities gains (losses)	$0	4,204
Applicable income taxes	$0	7,524
Income before extraordinary items	$359,000	6,602
Extraordinary gains, net	$0	40
Net income	$359,000	6,603
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,967
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$5,236,000	120
Net operating income	$359,000	6,424
2003-06-30 (YTD Data)		Rank
Total interest income	$2,291,000	5,288
Total interest expense	$803,000	4,918
Net interest income	$1,488,000	5,350
Provision for loan and lease losses	$211,000	2,406
Total noninterest income	$49,000	8,391
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$21,000	7,634
Trading account gains and fees	$0	150
Additional Noninterest Income	$28,000	7,414
Total noninterest expense	$1,093,000	5,676
Salaries and employee benefits	$565,000	5,814
Premises and equipment expense	$200,000	4,707
Additional noninterest expense	$328,000	5,680
Pre-tax net operating income	$233,000	6,955
Securities gains (losses)	$0	3,782
Applicable income taxes	$0	7,529
Income before extraordinary items	$233,000	6,684
Extraordinary gains, net	$0	30
Net income	$233,000	6,687
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,535
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$233,000	6,472
2003-03-31 (YTD Data)		Rank
Total interest income	$1,154,000	5,281
Total interest expense	$395,000	5,073
Net interest income	$759,000	5,281
Provision for loan and lease losses	$116,000	2,144
Total noninterest income	$31,000	8,103
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$10,000	7,640
Trading account gains and fees	$0	134
Additional Noninterest Income	$21,000	6,840
Total noninterest expense	$543,000	5,687
Salaries and employee benefits	$280,000	5,852
Premises and equipment expense	$99,000	4,734
Additional noninterest expense	$164,000	5,647
Pre-tax net operating income	$131,000	6,743
Securities gains (losses)	$0	2,891
Applicable income taxes	$19,000	6,113
Income before extraordinary items	$112,000	6,674
Extraordinary gains, net	$0	21
Net income	$112,000	6,675
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	5,539
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$112,000	6,505
2002-12-31 (YTD Data)		Rank
Total interest income	$3,988,000	5,905
Total interest expense	$1,953,000	4,866
Net interest income	$2,035,000	6,574
Provision for loan and lease losses	$203,000	4,321
Total noninterest income	$117,000	8,202
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$35,000	7,776
Trading account gains and fees	$0	153
Additional Noninterest Income	$82,000	6,829
Total noninterest expense	$2,082,000	5,744
Salaries and employee benefits	$1,075,000	5,882
Premises and equipment expense	$385,000	4,786
Additional noninterest expense	$622,000	5,800
Pre-tax net operating income	$-133,000	8,791
Securities gains (losses)	$50,000	2,409
Applicable income taxes	$6,000	7,413
Income before extraordinary items	$-89,000	8,827
Extraordinary gains, net	$0	70
Net income	$-89,000	8,826
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-70,000	9,199
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$-139,000	8,812
2001-12-31 (YTD Data)		Rank
Total interest income	$3,385,000	6,861
Total interest expense	$2,295,000	5,675
Net interest income	$1,090,000	8,101
Provision for loan and lease losses	$540,000	2,073
Total noninterest income	$61,000	9,039
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$29,000	7,999
Trading account gains and fees	$0	177
Additional Noninterest Income	$32,000	8,285
Total noninterest expense	$1,874,000	5,984
Salaries and employee benefits	$911,000	6,324
Premises and equipment expense	$382,000	4,745
Additional noninterest expense	$581,000	5,963
Pre-tax net operating income	$-1,263,000	9,421
Securities gains (losses)	$-49,000	9,442
Applicable income taxes	$0	7,903
Income before extraordinary items	$-1,312,000	9,469
Extraordinary gains, net	$0	105
Net income	$-1,312,000	9,469
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$292,000	2,285
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$-1,263,000	9,434
2000-12-31 (YTD Data)		Rank
Total interest income	$2,014,000	8,398
Total interest expense	$998,000	8,224
Net interest income	$1,016,000	8,443
Provision for loan and lease losses	$166,000	4,194
Total noninterest income	$57,000	9,233
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$17,000	8,310
Trading account gains and fees	NA	NA
Additional Noninterest Income	$40,000	8,167
Total noninterest expense	$1,955,000	5,759
Salaries and employee benefits	$891,000	6,347
Premises and equipment expense	$330,000	5,139
Additional noninterest expense	$734,000	5,008
Pre-tax net operating income	$-1,048,000	9,730
Securities gains (losses)	$0	1,956
Applicable income taxes	$0	8,362
Income before extraordinary items	$-1,048,000	9,737
Extraordinary gains, net	$0	38
Net income	$-1,048,000	9,736
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	$0	969
Net operating income	$-1,048,000	9,741
1999-12-31 (YTD Data)		Rank
Total interest income	$814,000	9,764
Total interest expense	$226,000	9,902
Net interest income	$588,000	9,534
Provision for loan and lease losses	$125,000	4,648
Total noninterest income	$18,000	9,979
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$2,000	8,816
Trading account gains and fees	NA	NA
Additional Noninterest Income	$16,000	9,434
Total noninterest expense	$1,722,000	6,246
Salaries and employee benefits	$839,000	6,580
Premises and equipment expense	$304,000	5,425
Additional noninterest expense	$579,000	5,955
Pre-tax net operating income	$-1,241,000	10,099
Securities gains (losses)	$0	3,155
Applicable income taxes	$0	8,765
Income before extraordinary items	$-1,241,000	10,113
Extraordinary gains, net	$0	35
Net income	$-1,241,000	10,113
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,897
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$9,205,000	89
Net operating income	$-1,241,000	10,105

* 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.