Home > Southern Community Bank, Atlantic > Income and Expense

Southern Community Bank, Atlantic, Income and Expense

2003-06-30 (YTD Data)Rank
Total interest income$3,445,0003,957
Total interest expense$1,095,0003,968
Net interest income$2,350,0003,885
Provision for loan and lease losses$337,0001,647
Total noninterest income$253,0005,434
Gross Fiduciary activities income$01,577
Service charges on deposit accounts$112,0004,996
Trading account gains and fees$0150
Additional Noninterest Income$141,0004,673
Total noninterest expense$1,486,0004,623
Salaries and employee benefits$654,0005,334
Premises and equipment expense$330,0003,243
Additional noninterest expense$502,0004,229
Pre-tax net operating income$780,0004,123
Securities gains (losses)$5,0003,210
Applicable income taxes$290,0003,301
Income before extraordinary items$495,0004,832
Extraordinary gains, net$030
Net income$495,0004,831
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,535
Cash dividends$05,215
Sale, conversion, retirement of capital stock, net$0589
Net operating income$491,8004,635
2003-03-31 (YTD Data)Rank
Total interest income$1,616,0004,197
Total interest expense$504,0004,325
Net interest income$1,112,0004,067
Provision for loan and lease losses$180,0001,475
Total noninterest income$114,0005,579
Gross Fiduciary activities income$01,504
Service charges on deposit accounts$51,0005,142
Trading account gains and fees$0134
Additional Noninterest Income$63,0004,821
Total noninterest expense$736,0004,639
Salaries and employee benefits$332,0005,279
Premises and equipment expense$161,0003,292
Additional noninterest expense$243,0004,314
Pre-tax net operating income$310,0004,713
Securities gains (losses)$02,891
Applicable income taxes$115,0003,702
Income before extraordinary items$195,0005,397
Extraordinary gains, net$021
Net income$195,0005,395
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$05,539
Cash dividends$03,930
Sale, conversion, retirement of capital stock, net$0419
Net operating income$195,0005,203
2002-12-31 (YTD Data)Rank
Total interest income$5,187,0005,054
Total interest expense$1,812,0005,131
Net interest income$3,375,0004,880
Provision for loan and lease losses$287,0003,571
Total noninterest income$343,0006,146
Gross Fiduciary activities income$01,713
Service charges on deposit accounts$169,0005,609
Trading account gains and fees$0153
Additional Noninterest Income$174,0005,293
Total noninterest expense$2,943,0004,527
Salaries and employee benefits$1,322,0005,146
Premises and equipment expense$595,0003,440
Additional noninterest expense$1,026,0004,096
Pre-tax net operating income$488,0006,808
Securities gains (losses)$34,0002,728
Applicable income taxes$193,0005,166
Income before extraordinary items$329,0007,182
Extraordinary gains, net$070
Net income$329,0007,182
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$44,0005,450
Cash dividends$06,377
Sale, conversion, retirement of capital stock, net$0862
Net operating income$307,2407,186
2001-12-31 (YTD Data)Rank
Total interest income$4,385,0006,039
Total interest expense$2,297,0005,669
Net interest income$2,088,0006,297
Provision for loan and lease losses$294,0003,273
Total noninterest income$216,0007,156
Gross Fiduciary activities income$01,731
Service charges on deposit accounts$116,0006,304
Trading account gains and fees$0177
Additional Noninterest Income$100,0006,441
Total noninterest expense$2,272,0005,281
Salaries and employee benefits$1,152,0005,475
Premises and equipment expense$417,0004,472
Additional noninterest expense$703,0005,280
Pre-tax net operating income$-262,0008,997
Securities gains (losses)$26,0002,933
Applicable income taxes$-68,0009,203
Income before extraordinary items$-168,0009,019
Extraordinary gains, net$0105
Net income$-168,0009,021
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,777
Cash dividends$06,617
Sale, conversion, retirement of capital stock, net$0922
Net operating income$-186,4608,980
2000-12-31 (YTD Data)Rank
Total interest income$3,291,0007,121
Total interest expense$1,608,0006,949
Net interest income$1,683,0007,142
Provision for loan and lease losses$114,0005,045
Total noninterest income$153,0007,844
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$110,0006,393
Trading account gains and feesNANA
Additional Noninterest Income$43,0008,071
Total noninterest expense$1,520,0006,705
Salaries and employee benefits$787,0006,793
Premises and equipment expense$266,0005,824
Additional noninterest expense$467,0006,657
Pre-tax net operating income$202,0008,360
Securities gains (losses)$01,956
Applicable income taxes$46,0007,301
Income before extraordinary items$156,0008,379
Extraordinary gains, net$038
Net income$156,0008,377
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$3,0007,220
Cash dividends$06,853
Sale, conversion, retirement of capital stock, net$0969
Net operating income$156,0008,379
1999-12-31 (YTD Data)Rank
Total interest income$1,602,0008,936
Total interest expense$643,0009,097
Net interest income$959,0008,719
Provision for loan and lease losses$276,0002,856
Total noninterest income$70,0009,293
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$28,0008,338
Trading account gains and feesNANA
Additional Noninterest Income$42,0008,343
Total noninterest expense$1,212,0007,534
Salaries and employee benefits$591,0007,805
Premises and equipment expense$232,0006,305
Additional noninterest expense$389,0007,364
Pre-tax net operating income$-459,0009,821
Securities gains (losses)$03,155
Applicable income taxes$-92,0009,909
Income before extraordinary items$-367,0009,820
Extraordinary gains, net$035
Net income$-367,0009,819
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,897
Cash dividends$07,131
Sale, conversion, retirement of capital stock, net$01,035
Net operating income$-367,0009,800
1998-12-31 (YTD Data)Rank
Total interest income$172,00010,373
Total interest expense$30,00010,363
Net interest income$142,00010,346
Provision for loan and lease losses$29,0007,397
Total noninterest income$14,00010,263
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$3,0008,992
Trading account gains and feesNANA
Additional Noninterest Income$11,0009,931
Total noninterest expense$404,00010,047
Salaries and employee benefits$218,00010,026
Premises and equipment expense$57,0009,657
Additional noninterest expense$129,0009,873
Pre-tax net operating income$-277,00010,049
Securities gains (losses)$04,449
Applicable income taxes$-56,00010,147
Income before extraordinary items$-221,00010,064
Extraordinary gains, net$032
Net income$-221,00010,059
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,132
Cash dividends$07,473
Sale, conversion, retirement of capital stock, net$7,359,000160
Net operating income$-221,00010,037

* 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.