Home > SterlingSouth Bank & Trust Company > Income and Expense

SterlingSouth Bank & Trust Company, Income and Expense

2006-06-30 (YTD Data)		Rank
Total interest income	$5,368,000	3,316
Total interest expense	$2,310,000	3,029
Net interest income	$3,058,000	3,499
Provision for loan and lease losses	$207,000	2,065
Total noninterest income	$145,000	6,291
Gross Fiduciary activities income	$0	1,458
Service charges on deposit accounts	$25,000	7,011
Trading account gains and fees	$0	126
Additional Noninterest Income	$120,000	4,748
Total noninterest expense	$2,123,000	3,808
Salaries and employee benefits	$1,299,000	3,525
Premises and equipment expense	$312,000	3,653
Additional noninterest expense	$512,000	4,408
Pre-tax net operating income	$873,000	4,119
Securities gains (losses)	$0	1,185
Applicable income taxes	$205,000	3,582
Income before extraordinary items	$668,000	4,186
Extraordinary gains, net	$0	39
Net income	$668,000	4,190
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$55,000	2,380
Cash dividends	$0	5,069
Sale, conversion, retirement of capital stock, net	$493,000	334
Net operating income	$668,000	4,177
2006-03-31 (YTD Data)		Rank
Total interest income	$2,558,000	3,377
Total interest expense	$1,075,000	3,069
Net interest income	$1,483,000	3,570
Provision for loan and lease losses	$19,000	4,620
Total noninterest income	$70,000	6,337
Gross Fiduciary activities income	$0	1,380
Service charges on deposit accounts	$14,000	6,901
Trading account gains and fees	$0	115
Additional Noninterest Income	$56,000	4,890
Total noninterest expense	$1,098,000	3,732
Salaries and employee benefits	$653,000	3,528
Premises and equipment expense	$155,000	3,684
Additional noninterest expense	$290,000	4,009
Pre-tax net operating income	$436,000	4,075
Securities gains (losses)	$0	955
Applicable income taxes	$104,000	3,539
Income before extraordinary items	$332,000	4,153
Extraordinary gains, net	$0	21
Net income	$332,000	4,153
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	4,399
Cash dividends	$0	3,943
Sale, conversion, retirement of capital stock, net	$10,000	551
Net operating income	$332,000	4,132
2005-12-31 (YTD Data)		Rank
Total interest income	$8,038,000	3,740
Total interest expense	$3,065,000	3,271
Net interest income	$4,973,000	3,965
Provision for loan and lease losses	$560,000	1,740
Total noninterest income	$336,000	6,094
Gross Fiduciary activities income	$0	1,557
Service charges on deposit accounts	$47,000	7,127
Trading account gains and fees	$0	138
Additional Noninterest Income	$289,000	4,419
Total noninterest expense	$3,382,000	4,409
Salaries and employee benefits	$1,946,000	4,203
Premises and equipment expense	$523,000	4,043
Additional noninterest expense	$913,000	4,718
Pre-tax net operating income	$1,367,000	4,607
Securities gains (losses)	$0	2,296
Applicable income taxes	$-1,000	8,401
Income before extraordinary items	$1,368,000	4,017
Extraordinary gains, net	$0	46
Net income	$1,368,000	4,018
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$142,000	2,813
Cash dividends	$0	6,054
Sale, conversion, retirement of capital stock, net	$0	934
Net operating income	$1,368,000	3,987
2005-09-30 (YTD Data)		Rank
Total interest income	$5,652,000	3,877
Total interest expense	$2,096,000	3,389
Net interest income	$3,556,000	4,109
Provision for loan and lease losses	$447,000	1,582
Total noninterest income	$248,000	6,162
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$37,000	7,148
Trading account gains and fees	$0	126
Additional Noninterest Income	$211,000	4,494
Total noninterest expense	$2,455,000	4,481
Salaries and employee benefits	$1,422,000	4,262
Premises and equipment expense	$378,000	4,139
Additional noninterest expense	$655,000	4,833
Pre-tax net operating income	$902,000	5,025
Securities gains (losses)	$0	2,317
Applicable income taxes	$0	6,976
Income before extraordinary items	$902,000	4,450
Extraordinary gains, net	$0	35
Net income	$902,000	4,450
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$110,000	2,434
Cash dividends	$0	5,317
Sale, conversion, retirement of capital stock, net	$0	769
Net operating income	$902,000	4,414
2005-06-30 (YTD Data)		Rank
Total interest income	$3,529,000	4,014
Total interest expense	$1,265,000	3,497
Net interest income	$2,264,000	4,222
Provision for loan and lease losses	$262,000	1,714
Total noninterest income	$176,000	6,026
Gross Fiduciary activities income	$0	1,480
Service charges on deposit accounts	$21,000	7,247
Trading account gains and fees	$0	116
Additional Noninterest Income	$155,000	4,242
Total noninterest expense	$1,624,000	4,491
Salaries and employee benefits	$940,000	4,275
Premises and equipment expense	$244,000	4,222
Additional noninterest expense	$440,000	4,796
Pre-tax net operating income	$554,000	5,209
Securities gains (losses)	$0	2,146
Applicable income taxes	$0	6,961
Income before extraordinary items	$554,000	4,626
Extraordinary gains, net	$0	30
Net income	$554,000	4,627
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$10,000	4,392
Cash dividends	$0	5,072
Sale, conversion, retirement of capital stock, net	$0	643
Net operating income	$554,000	4,579
2005-03-31 (YTD Data)		Rank
Total interest income	$1,623,000	4,230
Total interest expense	$580,000	3,597
Net interest income	$1,043,000	4,485
Provision for loan and lease losses	$105,000	1,941
Total noninterest income	$78,000	6,223
Gross Fiduciary activities income	$0	1,418
Service charges on deposit accounts	$10,000	7,294
Trading account gains and fees	$0	115
Additional Noninterest Income	$68,000	4,510
Total noninterest expense	$775,000	4,654
Salaries and employee benefits	$448,000	4,458
Premises and equipment expense	$120,000	4,309
Additional noninterest expense	$207,000	4,958
Pre-tax net operating income	$241,000	5,528
Securities gains (losses)	$0	1,685
Applicable income taxes	$0	6,892
Income before extraordinary items	$241,000	4,955
Extraordinary gains, net	$0	24
Net income	$241,000	4,956
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	4,728
Cash dividends	$0	3,863
Sale, conversion, retirement of capital stock, net	$0	491
Net operating income	$241,000	4,910
2004-12-31 (YTD Data)		Rank
Total interest income	$4,759,000	5,016
Total interest expense	$1,622,000	4,293
Net interest income	$3,137,000	5,284
Provision for loan and lease losses	$289,000	3,002
Total noninterest income	$158,000	7,538
Gross Fiduciary activities income	$0	1,582
Service charges on deposit accounts	$36,000	7,486
Trading account gains and fees	$0	138
Additional Noninterest Income	$122,000	6,074
Total noninterest expense	$2,681,000	5,050
Salaries and employee benefits	$1,441,000	5,084
Premises and equipment expense	$495,000	4,128
Additional noninterest expense	$745,000	5,330
Pre-tax net operating income	$325,000	7,362
Securities gains (losses)	$35,000	2,001
Applicable income taxes	$0	7,185
Income before extraordinary items	$360,000	6,971
Extraordinary gains, net	$0	34
Net income	$360,000	6,973
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$24,000	5,501
Cash dividends	$0	6,149
Sale, conversion, retirement of capital stock, net	$3,848,000	265
Net operating income	$325,000	7,072
2004-09-30 (YTD Data)		Rank
Total interest income	$3,309,000	5,232
Total interest expense	$1,149,000	4,417
Net interest income	$2,160,000	5,534
Provision for loan and lease losses	$183,000	3,136
Total noninterest income	$110,000	7,673
Gross Fiduciary activities income	$0	1,547
Service charges on deposit accounts	$25,000	7,565
Trading account gains and fees	$0	134
Additional Noninterest Income	$85,000	6,209
Total noninterest expense	$1,988,000	5,057
Salaries and employee benefits	$1,044,000	5,167
Premises and equipment expense	$370,000	4,114
Additional noninterest expense	$574,000	5,188
Pre-tax net operating income	$99,000	8,126
Securities gains (losses)	$35,000	1,930
Applicable income taxes	$0	7,220
Income before extraordinary items	$134,000	7,887
Extraordinary gains, net	$0	26
Net income	$134,000	7,890
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,000	5,993
Cash dividends	$0	5,363
Sale, conversion, retirement of capital stock, net	$3,848,000	191
Net operating income	$99,000	8,021
2004-06-30 (YTD Data)		Rank
Total interest income	$2,071,000	5,437
Total interest expense	$751,000	4,474
Net interest income	$1,320,000	5,824
Provision for loan and lease losses	$95,000	3,576
Total noninterest income	$59,000	7,986
Gross Fiduciary activities income	$0	1,518
Service charges on deposit accounts	$16,000	7,629
Trading account gains and fees	$0	130
Additional Noninterest Income	$43,000	6,699
Total noninterest expense	$1,288,000	5,172
Salaries and employee benefits	$685,000	5,255
Premises and equipment expense	$226,000	4,401
Additional noninterest expense	$377,000	5,270
Pre-tax net operating income	$-4,000	8,538
Securities gains (losses)	$35,000	1,694
Applicable income taxes	$0	7,214
Income before extraordinary items	$31,000	8,384
Extraordinary gains, net	$0	21
Net income	$31,000	8,386
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,000	5,407
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$3,848,000	124
Net operating income	$-4,000	8,538
2004-03-31 (YTD Data)		Rank
Total interest income	$993,000	5,598
Total interest expense	$370,000	4,547
Net interest income	$623,000	6,024
Provision for loan and lease losses	$15,000	5,048
Total noninterest income	$27,000	8,089
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$8,000	7,614
Trading account gains and fees	$0	121
Additional Noninterest Income	$19,000	6,892
Total noninterest expense	$651,000	5,156
Salaries and employee benefits	$344,000	5,254
Premises and equipment expense	$112,000	4,455
Additional noninterest expense	$195,000	5,165
Pre-tax net operating income	$-16,000	8,633
Securities gains (losses)	$35,000	1,403
Applicable income taxes	$0	7,103
Income before extraordinary items	$19,000	8,342
Extraordinary gains, net	$0	16
Net income	$19,000	8,343
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	5,097
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$1,975,000	97
Net operating income	$-16,000	8,624
2003-12-31 (YTD Data)		Rank
Total interest income	$3,670,000	5,912
Total interest expense	$1,573,000	4,738
Net interest income	$2,097,000	6,438
Provision for loan and lease losses	$173,000	4,345
Total noninterest income	$217,000	7,203
Gross Fiduciary activities income	$0	1,641
Service charges on deposit accounts	$30,000	7,718
Trading account gains and fees	$0	160
Additional Noninterest Income	$187,000	5,428
Total noninterest expense	$2,322,000	5,486
Salaries and employee benefits	$1,212,000	5,603
Premises and equipment expense	$409,000	4,664
Additional noninterest expense	$701,000	5,497
Pre-tax net operating income	$-181,000	8,677
Securities gains (losses)	$182,000	1,405
Applicable income taxes	$0	7,459
Income before extraordinary items	$1,000	8,624
Extraordinary gains, net	$0	54
Net income	$1,000	8,627
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,416
Cash dividends	$0	6,283
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$-181,000	8,699
2003-09-30 (YTD Data)		Rank
Total interest income	$2,711,000	6,012
Total interest expense	$1,227,000	4,747
Net interest income	$1,484,000	6,662
Provision for loan and lease losses	$145,000	3,973
Total noninterest income	$183,000	7,049
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$20,000	7,825
Trading account gains and fees	$0	153
Additional Noninterest Income	$163,000	5,177
Total noninterest expense	$1,787,000	5,360
Salaries and employee benefits	$952,000	5,417
Premises and equipment expense	$305,000	4,655
Additional noninterest expense	$530,000	5,447
Pre-tax net operating income	$-265,000	8,853
Securities gains (losses)	$177,000	1,303
Applicable income taxes	$0	7,524
Income before extraordinary items	$-88,000	8,828
Extraordinary gains, net	$0	40
Net income	$-88,000	8,828
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,967
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$-265,000	8,869
2003-06-30 (YTD Data)		Rank
Total interest income	$1,783,000	6,095
Total interest expense	$843,000	4,767
Net interest income	$940,000	6,828
Provision for loan and lease losses	$108,000	3,738
Total noninterest income	$103,000	7,341
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$12,000	7,878
Trading account gains and fees	$0	150
Additional Noninterest Income	$91,000	5,491
Total noninterest expense	$1,220,000	5,273
Salaries and employee benefits	$641,000	5,407
Premises and equipment expense	$200,000	4,707
Additional noninterest expense	$379,000	5,205
Pre-tax net operating income	$-285,000	8,979
Securities gains (losses)	$168,000	1,153
Applicable income taxes	$0	7,529
Income before extraordinary items	$-117,000	8,933
Extraordinary gains, net	$0	30
Net income	$-117,000	8,933
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,535
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$-285,000	8,987
2003-03-31 (YTD Data)		Rank
Total interest income	$870,000	6,204
Total interest expense	$420,000	4,889
Net interest income	$450,000	6,960
Provision for loan and lease losses	$55,000	3,535
Total noninterest income	$49,000	7,390
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$6,000	7,883
Trading account gains and fees	$0	134
Additional Noninterest Income	$43,000	5,547
Total noninterest expense	$632,000	5,170
Salaries and employee benefits	$329,000	5,312
Premises and equipment expense	$98,000	4,773
Additional noninterest expense	$205,000	4,878
Pre-tax net operating income	$-188,000	9,075
Securities gains (losses)	$168,000	724
Applicable income taxes	$0	7,403
Income before extraordinary items	$-20,000	8,876
Extraordinary gains, net	$0	21
Net income	$-20,000	8,873
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	$-188,000	9,063
2002-12-31 (YTD Data)		Rank
Total interest income	$2,977,000	6,881
Total interest expense	$1,393,000	5,943
Net interest income	$1,584,000	7,295
Provision for loan and lease losses	$275,000	3,639
Total noninterest income	$135,000	8,007
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$16,000	8,021
Trading account gains and fees	$0	153
Additional Noninterest Income	$119,000	6,078
Total noninterest expense	$1,977,000	5,904
Salaries and employee benefits	$1,034,000	6,006
Premises and equipment expense	$277,000	5,803
Additional noninterest expense	$666,000	5,570
Pre-tax net operating income	$-533,000	8,994
Securities gains (losses)	$2,000	4,234
Applicable income taxes	$0	7,681
Income before extraordinary items	$-531,000	9,048
Extraordinary gains, net	$0	70
Net income	$-531,000	9,046
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,632
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$-533,000	9,007
2001-12-31 (YTD Data)		Rank
Total interest income	$1,907,000	8,309
Total interest expense	$865,000	8,294
Net interest income	$1,042,000	8,204
Provision for loan and lease losses	$391,000	2,669
Total noninterest income	$68,000	8,936
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$7,000	8,290
Trading account gains and fees	$0	177
Additional Noninterest Income	$61,000	7,372
Total noninterest expense	$1,552,000	6,678
Salaries and employee benefits	$846,000	6,595
Premises and equipment expense	$170,000	7,214
Additional noninterest expense	$536,000	6,226
Pre-tax net operating income	$-833,000	9,296
Securities gains (losses)	$13,000	3,437
Applicable income taxes	$0	7,903
Income before extraordinary items	$-820,000	9,359
Extraordinary gains, net	$0	105
Net income	$-820,000	9,360
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,777
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$-833,000	9,332
2000-12-31 (YTD Data)		Rank
Total interest income	$241,000	9,809
Total interest expense	$43,000	9,787
Net interest income	$198,000	9,773
Provision for loan and lease losses	$144,000	4,490
Total noninterest income	$1,000	9,835
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$0	8,617
Trading account gains and fees	NA	NA
Additional Noninterest Income	$1,000	9,788
Total noninterest expense	$1,093,000	7,758
Salaries and employee benefits	$416,000	8,668
Premises and equipment expense	$64,000	9,098
Additional noninterest expense	$613,000	5,698
Pre-tax net operating income	$-1,038,000	9,728
Securities gains (losses)	$0	1,956
Applicable income taxes	$0	8,362
Income before extraordinary items	$-1,038,000	9,733
Extraordinary gains, net	$0	38
Net income	$-1,038,000	9,732
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,622
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$10,132,000	61
Net operating income	$-1,038,000	9,739

* 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.