Security Federal Savings Association, Income and Expense

1993-12-31 (YTD Data)Rank
Total interest income$1,169,00011,946
Total interest expense$1,920,0006,040
Net interest income$-751,00013,262
Provision for loan and lease losses$716,0001,634
Total noninterest income$785,0004,044
Gross Fiduciary activities incomeNANA
Service charges on deposit accountsNANA
Trading account gains and fees$0532
Additional Noninterest Income$785,0002,410
Total noninterest expense$5,141,0002,783
Salaries and employee benefits$1,300,0004,878
Premises and equipment expense$708,0002,843
Additional noninterest expense$3,133,0001,850
Pre-tax net operating income$-5,823,00013,193
Securities gains (losses)$07,477
Applicable income taxes$012,141
Income before extraordinary items$-5,823,00013,173
Extraordinary gains, net$03,149
Net income$-5,823,00013,172
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$726,0001,407
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$-5,823,00013,161
1992-12-31 (YTD Data)Rank
Total interest income$4,576,0006,795
Total interest expense$4,075,0004,006
Net interest income$501,00013,078
Provision for loan and lease losses$-158,00013,782
Total noninterest income$1,686,0002,180
Gross Fiduciary activities incomeNANA
Service charges on deposit accountsNANA
Trading account gains and fees$0504
Additional Noninterest Income$1,686,0001,402
Total noninterest expense$10,285,0001,494
Salaries and employee benefits$1,589,0004,016
Premises and equipment expense$828,0002,497
Additional noninterest expense$7,868,000928
Pre-tax net operating income$-7,940,00013,848
Securities gains (losses)$28,0005,098
Applicable income taxes$012,680
Income before extraordinary items$-7,912,00013,838
Extraordinary gains, net$01,422
Net income$-7,912,00013,837
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$808,0001,807
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$-3,490,00013,900
Net operating income$-7,940,00013,818

* 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.