Home > Southern Ocean State Bank > Income and Expense
Southern Ocean State Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,013,000 | 5,773 |
| Total interest expense | $1,837,000 | 6,247 |
| Net interest income | $3,176,000 | 5,399 |
| Provision for loan and lease losses | $-20,000 | 12,579 |
| Total noninterest income | $555,000 | 5,219 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $428,000 | 3,241 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $127,000 | 7,107 |
| Total noninterest expense | $3,377,000 | 4,050 |
| Salaries and employee benefits | $1,000,000 | 6,136 |
| Premises and equipment expense | $374,000 | 4,976 |
| Additional noninterest expense | $2,003,000 | 2,735 |
| Pre-tax net operating income | $374,000 | 9,629 |
| Securities gains (losses) | $520,000 | 879 |
| Applicable income taxes | $292,000 | 6,176 |
| Income before extraordinary items | $602,000 | 6,763 |
| Extraordinary gains, net | $-207,000 | 13,055 |
| Net income | $395,000 | 8,635 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $429,000 | 1,962 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $253,600 | 9,750 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,706,000 | 5,722 |
| Total interest expense | $2,624,000 | 5,757 |
| Net interest income | $3,082,000 | 5,602 |
| Provision for loan and lease losses | $450,000 | 3,212 |
| Total noninterest income | $528,000 | 5,433 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $340,000 | 4,018 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $188,000 | 5,875 |
| Total noninterest expense | $2,922,000 | 4,650 |
| Salaries and employee benefits | $1,001,000 | 6,023 |
| Premises and equipment expense | $402,000 | 4,771 |
| Additional noninterest expense | $1,519,000 | 3,561 |
| Pre-tax net operating income | $238,000 | 10,723 |
| Securities gains (losses) | $33,000 | 4,829 |
| Applicable income taxes | $50,000 | 11,256 |
| Income before extraordinary items | $221,000 | 10,307 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $221,000 | 10,447 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $454,000 | 2,624 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $193,940 | 10,346 |
* 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.