Southern National Bank of South Carolina, Income and Expense

1994-12-31 (YTD Data)Rank
Total interest income$193,072,000250
Total interest expense$89,422,000237
Net interest income$103,650,000262
Provision for loan and lease losses$4,062,000333
Total noninterest income$29,309,000308
Gross Fiduciary activities income$425,000790
Service charges on deposit accounts$13,241,000177
Trading account gains and fees$0475
Additional Noninterest Income$15,643,000331
Total noninterest expense$78,151,000296
Salaries and employee benefits$30,496,000298
Premises and equipment expense$9,178,000313
Additional noninterest expense$38,477,000281
Pre-tax net operating income$50,746,000246
Securities gains (losses)$382,000329
Applicable income taxes$19,438,000212
Income before extraordinary items$31,690,000253
Extraordinary gains, net$0249
Net income$31,690,000251
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$3,538,000379
Cash dividends$477,0003,346
Sale, conversion, retirement of capital stock, net$118,745,00012
Net operating income$31,445,520257
1993-12-31 (YTD Data)Rank
Total interest income$46,103,000739
Total interest expense$16,891,000841
Net interest income$29,212,000673
Provision for loan and lease losses$1,504,0001,001
Total noninterest income$6,325,000832
Gross Fiduciary activities income$302,000936
Service charges on deposit accounts$3,879,000395
Trading account gains and fees$0532
Additional Noninterest Income$2,144,0001,196
Total noninterest expense$22,232,000761
Salaries and employee benefits$8,401,000826
Premises and equipment expense$2,344,000944
Additional noninterest expense$11,487,000683
Pre-tax net operating income$11,801,000616
Securities gains (losses)$840,000610
Applicable income taxes$4,706,000563
Income before extraordinary items$7,935,000662
Extraordinary gains, net$350,000621
Net income$8,285,000649
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$987,0001,149
Cash dividends$1,732,0001,156
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$7,397,400661
1992-12-31 (YTD Data)Rank
Total interest income$44,563,000858
Total interest expense$17,570,0001,033
Net interest income$26,993,000739
Provision for loan and lease losses$3,211,000794
Total noninterest income$5,930,000866
Gross Fiduciary activities income$287,000977
Service charges on deposit accounts$3,652,000404
Trading account gains and fees$0504
Additional Noninterest Income$1,991,0001,245
Total noninterest expense$19,857,000851
Salaries and employee benefits$7,951,000856
Premises and equipment expense$2,113,0001,064
Additional noninterest expense$9,793,000780
Pre-tax net operating income$9,855,000645
Securities gains (losses)$3,0007,429
Applicable income taxes$3,681,000642
Income before extraordinary items$6,177,000773
Extraordinary gains, net$01,422
Net income$6,177,000776
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,694,000792
Cash dividends$1,500,0001,080
Sale, conversion, retirement of capital stock, net$9,000,000100
Net operating income$6,175,080706

* 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.