Home > Security Federal Bank & Trust > Income and Expense
Security Federal Bank & Trust, Income and Expense
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $1,975,000 | 3,564 |
| Total interest expense | $922,000 | 2,606 |
| Net interest income | $1,053,000 | 4,238 |
| Provision for loan and lease losses | $0 | 6,934 |
| Total noninterest income | $407,000 | 2,634 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $407,000 | 1,717 |
| Total noninterest expense | $1,859,000 | 2,110 |
| Salaries and employee benefits | $1,152,000 | 1,854 |
| Premises and equipment expense | $366,000 | 1,577 |
| Additional noninterest expense | $341,000 | 3,269 |
| Pre-tax net operating income | $-399,000 | 9,180 |
| Securities gains (losses) | $113,000 | 931 |
| Applicable income taxes | $-128,000 | 9,238 |
| Income before extraordinary items | $-158,000 | 9,104 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $-158,000 | 9,101 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $57,000 | 2,045 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $91,000 | 231 |
| Net operating income | $-230,320 | 9,098 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $9,730,000 | 3,090 |
| Total interest expense | $4,489,000 | 2,477 |
| Net interest income | $5,241,000 | 3,515 |
| Provision for loan and lease losses | $55,000 | 6,608 |
| Total noninterest income | $1,626,000 | 2,487 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $1,626,000 | 1,550 |
| Total noninterest expense | $5,574,000 | 2,659 |
| Salaries and employee benefits | $3,152,000 | 2,508 |
| Premises and equipment expense | $1,319,000 | 1,661 |
| Additional noninterest expense | $1,103,000 | 3,868 |
| Pre-tax net operating income | $1,238,000 | 4,620 |
| Securities gains (losses) | $312,000 | 874 |
| Applicable income taxes | $513,000 | 3,394 |
| Income before extraordinary items | $1,037,000 | 4,500 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $1,037,000 | 4,500 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $168,000 | 3,303 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $331,000 | 518 |
| Net operating income | $827,960 | 4,975 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $12,971,000 | 2,632 |
| Total interest expense | $6,772,000 | 2,363 |
| Net interest income | $6,199,000 | 2,867 |
| Provision for loan and lease losses | $180,000 | 4,345 |
| Total noninterest income | $1,741,000 | 2,253 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $1,741,000 | 1,370 |
| Total noninterest expense | $5,926,000 | 2,403 |
| Salaries and employee benefits | $3,108,000 | 2,418 |
| Premises and equipment expense | $1,752,000 | 1,207 |
| Additional noninterest expense | $1,066,000 | 3,859 |
| Pre-tax net operating income | $1,834,000 | 3,383 |
| Securities gains (losses) | $165,000 | 1,341 |
| Applicable income taxes | $657,000 | 2,797 |
| Income before extraordinary items | $1,342,000 | 3,511 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,342,000 | 3,514 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $114,000 | 3,838 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $195,000 | 585 |
| Net operating income | $1,231,450 | 3,617 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $13,348,000 | 2,604 |
| Total interest expense | $6,455,000 | 2,582 |
| Net interest income | $6,893,000 | 2,580 |
| Provision for loan and lease losses | $215,000 | 3,578 |
| Total noninterest income | $1,250,000 | 2,679 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $1,250,000 | 1,608 |
| Total noninterest expense | $6,870,000 | 2,014 |
| Salaries and employee benefits | $3,649,000 | 1,960 |
| Premises and equipment expense | $2,034,000 | 978 |
| Additional noninterest expense | $1,187,000 | 3,464 |
| Pre-tax net operating income | $1,058,000 | 5,119 |
| Securities gains (losses) | $54,000 | 703 |
| Applicable income taxes | $7,000 | 8,144 |
| Income before extraordinary items | $1,105,000 | 4,087 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $1,105,000 | 4,088 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $194,000 | 2,434 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $8,555,000 | 87 |
| Net operating income | $1,051,540 | 4,244 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $14,546,000 | 2,236 |
| Total interest expense | $7,283,000 | 2,055 |
| Net interest income | $7,263,000 | 2,434 |
| Provision for loan and lease losses | $650,000 | 1,398 |
| Total noninterest income | $1,602,000 | 2,197 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $1,602,000 | 1,336 |
| Total noninterest expense | $8,473,000 | 1,619 |
| Salaries and employee benefits | $4,411,000 | 1,568 |
| Premises and equipment expense | $2,329,000 | 867 |
| Additional noninterest expense | $1,733,000 | 2,502 |
| Pre-tax net operating income | $-258,000 | 9,681 |
| Securities gains (losses) | $213,000 | 531 |
| Applicable income taxes | $-6,000 | 9,639 |
| Income before extraordinary items | $-39,000 | 9,496 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $-39,000 | 9,492 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $412,000 | 1,428 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $-224,310 | 9,679 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $21,164,000 | 1,522 |
| Total interest expense | $12,798,000 | 1,219 |
| Net interest income | $8,366,000 | 2,048 |
| Provision for loan and lease losses | $473,000 | 1,804 |
| Total noninterest income | $1,249,000 | 2,605 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $1,249,000 | 1,584 |
| Total noninterest expense | $12,870,000 | 1,032 |
| Salaries and employee benefits | $7,494,000 | 878 |
| Premises and equipment expense | $2,638,000 | 764 |
| Additional noninterest expense | $2,738,000 | 1,574 |
| Pre-tax net operating income | $-3,728,000 | 10,438 |
| Securities gains (losses) | $3,334,000 | 172 |
| Applicable income taxes | $178,000 | 6,453 |
| Income before extraordinary items | $-572,000 | 10,260 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $-572,000 | 10,257 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $545,000 | 1,180 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $-3,906,000 | 10,430 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $21,805,000 | 1,508 |
| Total interest expense | $13,824,000 | 1,173 |
| Net interest income | $7,981,000 | 2,194 |
| Provision for loan and lease losses | $523,000 | 1,716 |
| Total noninterest income | $4,997,000 | 924 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $4,997,000 | 615 |
| Total noninterest expense | $12,863,000 | 1,056 |
| Salaries and employee benefits | $7,960,000 | 834 |
| Premises and equipment expense | $2,316,000 | 865 |
| Additional noninterest expense | $2,587,000 | 1,649 |
| Pre-tax net operating income | $-408,000 | 10,705 |
| Securities gains (losses) | $-724,000 | 10,888 |
| Applicable income taxes | $-428,000 | 10,852 |
| Income before extraordinary items | $-704,000 | 10,810 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $-704,000 | 10,809 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $240,000 | 2,266 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $-240,640 | 10,608 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $16,857,000 | 2,007 |
| Total interest expense | $9,862,000 | 1,610 |
| Net interest income | $6,995,000 | 2,535 |
| Provision for loan and lease losses | $147,000 | 4,139 |
| Total noninterest income | $2,706,000 | 1,465 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $11,000 | 236 |
| Additional Noninterest Income | $2,695,000 | 946 |
| Total noninterest expense | $12,015,000 | 1,204 |
| Salaries and employee benefits | $6,741,000 | 994 |
| Premises and equipment expense | $1,989,000 | 1,060 |
| Additional noninterest expense | $3,285,000 | 1,596 |
| Pre-tax net operating income | $-2,461,000 | 11,412 |
| Securities gains (losses) | $369,000 | 499 |
| Applicable income taxes | $-801,000 | 11,384 |
| Income before extraordinary items | $-1,291,000 | 11,388 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-1,291,000 | 11,388 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,000 | 8,441 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $-1,527,160 | 11,381 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $14,276,000 | 2,358 |
| Total interest expense | $8,700,000 | 1,819 |
| Net interest income | $5,576,000 | 3,185 |
| Provision for loan and lease losses | $105,000 | 4,483 |
| Total noninterest income | $2,490,000 | 1,552 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $207,000 | 241 |
| Additional Noninterest Income | $2,283,000 | 1,044 |
| Total noninterest expense | $7,669,000 | 1,836 |
| Salaries and employee benefits | $4,257,000 | 1,564 |
| Premises and equipment expense | $1,703,000 | 1,223 |
| Additional noninterest expense | $1,709,000 | 2,736 |
| Pre-tax net operating income | $292,000 | 9,807 |
| Securities gains (losses) | $283,000 | 539 |
| Applicable income taxes | $235,000 | 6,877 |
| Income before extraordinary items | $340,000 | 8,567 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $340,000 | 8,571 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $124,000 | 3,316 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $158,880 | 10,364 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $13,344,000 | 2,288 |
| Total interest expense | $6,751,000 | 1,861 |
| Net interest income | $6,593,000 | 2,747 |
| Provision for loan and lease losses | $40,000 | 6,585 |
| Total noninterest income | $1,637,000 | 2,141 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $236,000 | 181 |
| Additional Noninterest Income | $1,401,000 | 1,459 |
| Total noninterest expense | $5,877,000 | 2,387 |
| Salaries and employee benefits | $2,981,000 | 2,230 |
| Premises and equipment expense | $1,430,000 | 1,465 |
| Additional noninterest expense | $1,466,000 | 3,381 |
| Pre-tax net operating income | $2,313,000 | 3,034 |
| Securities gains (losses) | $-1,410,000 | 12,452 |
| Applicable income taxes | $342,000 | 5,361 |
| Income before extraordinary items | $561,000 | 6,827 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $561,000 | 6,841 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $62,000 | 4,684 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,463,400 | 3,277 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $15,416,000 | 2,039 |
| Total interest expense | $7,034,000 | 1,850 |
| Net interest income | $8,382,000 | 2,152 |
| Provision for loan and lease losses | $150,000 | 4,621 |
| Total noninterest income | $879,000 | 3,700 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $879,000 | 2,237 |
| Total noninterest expense | $5,591,000 | 2,561 |
| Salaries and employee benefits | $2,257,000 | 2,919 |
| Premises and equipment expense | $1,383,000 | 1,528 |
| Additional noninterest expense | $1,951,000 | 2,795 |
| Pre-tax net operating income | $3,520,000 | 1,936 |
| Securities gains (losses) | $-716,000 | 13,252 |
| Applicable income taxes | $1,017,000 | 2,212 |
| Income before extraordinary items | $1,787,000 | 2,781 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,787,000 | 2,862 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $38,000 | 6,608 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,245,240 | 2,098 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $13,339,000 | 2,643 |
| Total interest expense | $6,680,000 | 2,530 |
| Net interest income | $6,659,000 | 2,753 |
| Provision for loan and lease losses | $198,000 | 5,256 |
| Total noninterest income | $882,000 | 3,675 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $882,000 | 2,170 |
| Total noninterest expense | $3,630,000 | 3,812 |
| Salaries and employee benefits | $1,652,000 | 3,885 |
| Premises and equipment expense | $715,000 | 2,866 |
| Additional noninterest expense | $1,263,000 | 4,144 |
| Pre-tax net operating income | $3,713,000 | 1,668 |
| Securities gains (losses) | $-1,057,000 | 13,914 |
| Applicable income taxes | $990,000 | 2,125 |
| Income before extraordinary items | $1,666,000 | 2,770 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,666,000 | 2,808 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $56,000 | 7,310 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,342,480 | 1,797 |
* 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.