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Southern Exchange Bank, Income and Expense

2003-09-30 (YTD Data)		Rank
Total interest income	$11,829,000	1,838
Total interest expense	$4,123,000	1,713
Net interest income	$7,706,000	1,909
Provision for loan and lease losses	$0	7,481
Total noninterest income	$2,061,000	1,851
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$1,068,000	1,231
Trading account gains and fees	$0	153
Additional Noninterest Income	$993,000	2,059
Total noninterest expense	$6,648,000	1,793
Salaries and employee benefits	$3,768,000	1,722
Premises and equipment expense	$1,533,000	1,123
Additional noninterest expense	$1,347,000	2,620
Pre-tax net operating income	$3,119,000	1,983
Securities gains (losses)	$-8,000	8,920
Applicable income taxes	$1,114,000	1,698
Income before extraordinary items	$1,997,000	2,339
Extraordinary gains, net	$0	40
Net income	$1,997,000	2,338
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-289,000	9,198
Cash dividends	$4,800,000	504
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$2,002,120	2,219
2003-06-30 (YTD Data)		Rank
Total interest income	$6,107,000	2,401
Total interest expense	$2,000,000	2,371
Net interest income	$4,107,000	2,365
Provision for loan and lease losses	$90,000	4,018
Total noninterest income	$1,043,000	2,283
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$521,000	1,623
Trading account gains and fees	$0	150
Additional Noninterest Income	$522,000	2,395
Total noninterest expense	$3,339,000	2,352
Salaries and employee benefits	$1,908,000	2,217
Premises and equipment expense	$720,000	1,592
Additional noninterest expense	$711,000	3,190
Pre-tax net operating income	$1,721,000	2,331
Securities gains (losses)	$0	3,782
Applicable income taxes	$621,000	1,995
Income before extraordinary items	$1,100,000	2,766
Extraordinary gains, net	$0	30
Net income	$1,100,000	2,765
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-7,000	8,405
Cash dividends	$2,900,000	545
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$1,100,000	2,612
2003-03-31 (YTD Data)		Rank
Total interest income	$0	9,308
Total interest expense	$0	9,288
Net interest income	$0	9,301
Provision for loan and lease losses	$0	6,934
Total noninterest income	$0	9,248
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$0	8,142
Trading account gains and fees	$0	134
Additional Noninterest Income	$0	9,145
Total noninterest expense	$0	9,308
Salaries and employee benefits	$0	9,285
Premises and equipment expense	$0	9,263
Additional noninterest expense	$0	9,304
Pre-tax net operating income	$0	8,688
Securities gains (losses)	$0	2,891
Applicable income taxes	$0	7,403
Income before extraordinary items	$0	8,759
Extraordinary gains, net	$0	21
Net income	$0	8,756
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	$0	8,657
2002-12-31 (YTD Data)		Rank
Total interest income	$30,840,000	988
Total interest expense	$15,874,000	711
Net interest income	$14,966,000	1,289
Provision for loan and lease losses	$372,000	2,987
Total noninterest income	$3,855,000	1,287
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$2,083,000	775
Trading account gains and fees	$0	153
Additional Noninterest Income	$1,772,000	1,440
Total noninterest expense	$11,842,000	1,300
Salaries and employee benefits	$6,832,000	1,181
Premises and equipment expense	$2,020,000	1,094
Additional noninterest expense	$2,990,000	1,583
Pre-tax net operating income	$6,607,000	1,278
Securities gains (losses)	$121,000	1,579
Applicable income taxes	$0	7,681
Income before extraordinary items	$6,728,000	929
Extraordinary gains, net	$0	70
Net income	$6,728,000	928
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$549,000	1,556
Cash dividends	$3,000,000	917
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$6,607,000	902
2001-12-31 (YTD Data)		Rank
Total interest income	$23,601,000	1,448
Total interest expense	$13,125,000	1,233
Net interest income	$10,476,000	1,708
Provision for loan and lease losses	$560,000	2,011
Total noninterest income	$3,319,000	1,368
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$1,863,000	787
Trading account gains and fees	$0	177
Additional Noninterest Income	$1,456,000	1,562
Total noninterest expense	$8,833,000	1,650
Salaries and employee benefits	$4,741,000	1,592
Premises and equipment expense	$1,657,000	1,293
Additional noninterest expense	$2,435,000	1,867
Pre-tax net operating income	$4,402,000	1,625
Securities gains (losses)	$0	4,612
Applicable income taxes	$0	7,903
Income before extraordinary items	$4,402,000	1,234
Extraordinary gains, net	$0	105
Net income	$4,402,000	1,233
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$269,000	2,394
Cash dividends	$4,400,000	683
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$4,402,000	1,187
2000-12-31 (YTD Data)		Rank
Total interest income	$20,132,000	1,718
Total interest expense	$11,000,000	1,563
Net interest income	$9,132,000	1,934
Provision for loan and lease losses	$487,000	1,920
Total noninterest income	$3,279,000	1,245
Gross Fiduciary activities income	$0	1,332
Service charges on deposit accounts	$1,793,000	759
Trading account gains and fees	$0	180
Additional Noninterest Income	$1,486,000	1,386
Total noninterest expense	$8,446,000	1,649
Salaries and employee benefits	$4,461,000	1,594
Premises and equipment expense	$1,439,000	1,447
Additional noninterest expense	$2,546,000	1,744
Pre-tax net operating income	$3,478,000	2,096
Securities gains (losses)	$-3,000	7,730
Applicable income taxes	$0	8,362
Income before extraordinary items	$3,475,000	1,515
Extraordinary gains, net	$0	38
Net income	$3,475,000	1,515
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$60,000	4,454
Cash dividends	$3,400,000	867
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$3,478,000	1,507
1999-12-31 (YTD Data)		Rank
Total interest income	$4,793,000	5,714
Total interest expense	$1,802,000	6,355
Net interest income	$2,991,000	5,171
Provision for loan and lease losses	$0	8,503
Total noninterest income	$1,159,000	2,776
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$883,000	1,480
Trading account gains and fees	NA	NA
Additional Noninterest Income	$276,000	4,208
Total noninterest expense	$4,983,000	2,716
Salaries and employee benefits	$2,922,000	2,400
Premises and equipment expense	$496,000	3,788
Additional noninterest expense	$1,565,000	2,766
Pre-tax net operating income	$-833,000	10,010
Securities gains (losses)	$0	3,155
Applicable income taxes	$0	8,765
Income before extraordinary items	$-833,000	10,040
Extraordinary gains, net	$0	35
Net income	$-833,000	10,040
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$3,000	7,495
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$-833,000	10,028
1998-12-31 (YTD Data)		Rank
Total interest income	$4,863,000	5,792
Total interest expense	$1,712,000	6,741
Net interest income	$3,151,000	4,967
Provision for loan and lease losses	$50,000	6,568
Total noninterest income	$1,250,000	2,602
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$932,000	1,344
Trading account gains and fees	NA	NA
Additional Noninterest Income	$318,000	3,895
Total noninterest expense	$4,073,000	3,164
Salaries and employee benefits	$2,517,000	2,695
Premises and equipment expense	$606,000	3,136
Additional noninterest expense	$950,000	4,128
Pre-tax net operating income	$278,000	8,526
Securities gains (losses)	$0	4,449
Applicable income taxes	$97,000	7,577
Income before extraordinary items	$181,000	8,749
Extraordinary gains, net	$0	32
Net income	$181,000	8,748
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$50,000	4,959
Cash dividends	$20,000	7,249
Sale, conversion, retirement of capital stock, net	$-302,000	10,373
Net operating income	$181,000	8,682
1997-12-31 (YTD Data)		Rank
Total interest income	$4,702,000	6,044
Total interest expense	$1,495,000	7,360
Net interest income	$3,207,000	5,047
Provision for loan and lease losses	$61,000	6,142
Total noninterest income	$1,139,000	2,745
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$865,000	1,492
Trading account gains and fees	NA	NA
Additional Noninterest Income	$274,000	4,129
Total noninterest expense	$3,788,000	3,338
Salaries and employee benefits	$2,204,000	3,007
Premises and equipment expense	$667,000	2,864
Additional noninterest expense	$917,000	4,238
Pre-tax net operating income	$497,000	7,932
Securities gains (losses)	$35,000	1,545
Applicable income taxes	$189,000	7,036
Income before extraordinary items	$343,000	8,053
Extraordinary gains, net	$0	44
Net income	$343,000	8,056
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$82,000	4,192
Cash dividends	$21,000	7,591
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$320,600	8,180
1996-12-31 (YTD Data)		Rank
Total interest income	$4,528,000	6,369
Total interest expense	$1,417,000	7,795
Net interest income	$3,111,000	5,303
Provision for loan and lease losses	$0	9,041
Total noninterest income	$1,134,000	2,814
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$889,000	1,511
Trading account gains and fees	NA	NA
Additional Noninterest Income	$245,000	4,593
Total noninterest expense	$3,751,000	3,539
Salaries and employee benefits	$2,177,000	3,068
Premises and equipment expense	$737,000	2,651
Additional noninterest expense	$837,000	5,027
Pre-tax net operating income	$494,000	7,970
Securities gains (losses)	$-71,000	11,126
Applicable income taxes	$99,000	8,762
Income before extraordinary items	$324,000	8,222
Extraordinary gains, net	$0	53
Net income	$324,000	8,221
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-11,000	10,437
Cash dividends	$30,000	7,843
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$378,670	7,744
1995-12-31 (YTD Data)		Rank
Total interest income	$4,517,000	6,437
Total interest expense	$1,457,000	7,802
Net interest income	$3,060,000	5,419
Provision for loan and lease losses	$0	8,958
Total noninterest income	$1,042,000	3,006
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$825,000	1,638
Trading account gains and fees	NA	NA
Additional Noninterest Income	$217,000	4,883
Total noninterest expense	$3,536,000	3,709
Salaries and employee benefits	$1,954,000	3,377
Premises and equipment expense	$735,000	2,683
Additional noninterest expense	$847,000	5,010
Pre-tax net operating income	$566,000	8,076
Securities gains (losses)	$60,000	1,194
Applicable income taxes	$105,000	9,072
Income before extraordinary items	$521,000	7,094
Extraordinary gains, net	$0	65
Net income	$521,000	7,093
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-9,000	10,624
Cash dividends	$30,000	8,164
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$471,200	7,441
1994-12-31 (YTD Data)		Rank
Total interest income	$3,829,000	6,915
Total interest expense	$1,186,000	7,966
Net interest income	$2,643,000	6,186
Provision for loan and lease losses	$137,000	3,804
Total noninterest income	$956,000	3,213
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$758,000	1,788
Trading account gains and fees	NA	NA
Additional Noninterest Income	$198,000	5,306
Total noninterest expense	$3,302,000	4,056
Salaries and employee benefits	$1,907,000	3,432
Premises and equipment expense	$550,000	3,511
Additional noninterest expense	$845,000	5,448
Pre-tax net operating income	$160,000	11,189
Securities gains (losses)	$-326,000	12,134
Applicable income taxes	$0	11,630
Income before extraordinary items	$-166,000	12,199
Extraordinary gains, net	$0	249
Net income	$-166,000	12,199
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$54,000	4,975
Cash dividends	$29,000	8,415
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$160,000	10,747
1993-12-31 (YTD Data)		Rank
Total interest income	$4,004,000	6,873
Total interest expense	$1,191,000	8,287
Net interest income	$2,813,000	5,950
Provision for loan and lease losses	$21,000	8,998
Total noninterest income	$1,001,000	3,343
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$740,000	1,852
Trading account gains and fees	NA	NA
Additional Noninterest Income	$261,000	4,884
Total noninterest expense	$3,169,000	4,295
Salaries and employee benefits	$1,857,000	3,513
Premises and equipment expense	$543,000	3,614
Additional noninterest expense	$769,000	6,116
Pre-tax net operating income	$624,000	7,784
Securities gains (losses)	$1,000	7,052
Applicable income taxes	$135,000	8,981
Income before extraordinary items	$490,000	7,636
Extraordinary gains, net	$0	3,149
Net income	$490,000	7,822
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$63,000	5,571
Cash dividends	$30,000	8,419
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$489,220	7,390
1992-12-31 (YTD Data)		Rank
Total interest income	$4,640,000	6,738
Total interest expense	$1,672,000	7,970
Net interest income	$2,968,000	5,775
Provision for loan and lease losses	$7,000	11,393
Total noninterest income	$972,000	3,398
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$742,000	1,824
Trading account gains and fees	NA	NA
Additional Noninterest Income	$230,000	5,242
Total noninterest expense	$3,162,000	4,311
Salaries and employee benefits	$1,841,000	3,475
Premises and equipment expense	$584,000	3,449
Additional noninterest expense	$737,000	6,504
Pre-tax net operating income	$771,000	6,704
Securities gains (losses)	$148,000	2,429
Applicable income taxes	$191,000	7,734
Income before extraordinary items	$728,000	5,757
Extraordinary gains, net	$0	1,422
Net income	$728,000	5,825
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$24,000	8,849
Cash dividends	$30,000	8,198
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$611,080	6,129

* 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.