Home > Southern Federal Savings Association of Georgia > Income and Expense
Southern Federal Savings Association of Georgia, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,594,000 | 7,400 |
| Total interest expense | $3,428,000 | 3,664 |
| Net interest income | $166,000 | 13,158 |
| Provision for loan and lease losses | $0 | 10,371 |
| Total noninterest income | $669,000 | 4,581 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $669,000 | 2,674 |
| Total noninterest expense | $9,180,000 | 1,646 |
| Salaries and employee benefits | $1,163,000 | 5,379 |
| Premises and equipment expense | $631,000 | 3,166 |
| Additional noninterest expense | $7,386,000 | 950 |
| Pre-tax net operating income | $-8,345,000 | 13,213 |
| Securities gains (losses) | $404,000 | 1,038 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $-7,941,000 | 13,189 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-7,941,000 | 13,190 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,380,000 | 913 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-8,345,000 | 13,185 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,279,000 | 7,155 |
| Total interest expense | $3,117,000 | 4,996 |
| Net interest income | $1,162,000 | 10,465 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $254,000 | 8,431 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $254,000 | 4,910 |
| Total noninterest expense | $3,414,000 | 4,021 |
| Salaries and employee benefits | $1,459,000 | 4,330 |
| Premises and equipment expense | $527,000 | 3,795 |
| Additional noninterest expense | $1,428,000 | 3,737 |
| Pre-tax net operating income | $-1,998,000 | 13,634 |
| Securities gains (losses) | $170,000 | 2,252 |
| Applicable income taxes | $365,000 | 5,150 |
| Income before extraordinary items | $-2,193,000 | 13,692 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-2,193,000 | 13,688 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $16,000 | 9,428 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $-2,030,000 | 13,889 |
| Net operating income | $-2,363,000 | 13,659 |
* 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.