Home > Summit Bank > Income and Expense
Summit Bank, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $9,671,000 | 3,336 |
| Total interest expense | $4,697,000 | 3,174 |
| Net interest income | $4,974,000 | 3,412 |
| Provision for loan and lease losses | $399,000 | 2,076 |
| Total noninterest income | $1,703,000 | 2,058 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $217,000 | 4,909 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,486,000 | 1,410 |
| Total noninterest expense | $4,028,000 | 3,181 |
| Salaries and employee benefits | $2,244,000 | 2,997 |
| Premises and equipment expense | $667,000 | 2,887 |
| Additional noninterest expense | $1,117,000 | 3,578 |
| Pre-tax net operating income | $2,250,000 | 3,033 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $699,000 | 3,030 |
| Income before extraordinary items | $1,551,000 | 3,172 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,551,000 | 3,172 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $120,000 | 3,330 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,551,000 | 3,081 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $7,441,000 | 4,266 |
| Total interest expense | $3,751,000 | 3,914 |
| Net interest income | $3,690,000 | 4,536 |
| Provision for loan and lease losses | $557,000 | 1,638 |
| Total noninterest income | $1,011,000 | 3,017 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $215,000 | 5,116 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $796,000 | 2,032 |
| Total noninterest expense | $4,370,000 | 2,903 |
| Salaries and employee benefits | $2,868,000 | 2,303 |
| Premises and equipment expense | $468,000 | 3,924 |
| Additional noninterest expense | $1,034,000 | 3,780 |
| Pre-tax net operating income | $-226,000 | 10,584 |
| Securities gains (losses) | $-3,000 | 9,416 |
| Applicable income taxes | $-48,000 | 10,622 |
| Income before extraordinary items | $-181,000 | 10,591 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $-181,000 | 10,591 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $359,000 | 1,733 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $-178,630 | 10,559 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,313,000 | 4,991 |
| Total interest expense | $3,011,000 | 4,773 |
| Net interest income | $3,302,000 | 5,074 |
| Provision for loan and lease losses | $185,000 | 3,579 |
| Total noninterest income | $1,203,000 | 2,680 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $148,000 | 6,499 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,055,000 | 1,753 |
| Total noninterest expense | $3,103,000 | 4,204 |
| Salaries and employee benefits | $1,705,000 | 3,848 |
| Premises and equipment expense | $463,000 | 4,025 |
| Additional noninterest expense | $935,000 | 4,635 |
| Pre-tax net operating income | $1,217,000 | 5,076 |
| Securities gains (losses) | $46,000 | 1,386 |
| Applicable income taxes | $407,000 | 4,840 |
| Income before extraordinary items | $856,000 | 5,050 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $856,000 | 5,051 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $86,000 | 4,238 |
| Cash dividends | $1,550,000 | 1,536 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $824,720 | 5,135 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,373,000 | 5,678 |
| Total interest expense | $2,577,000 | 5,427 |
| Net interest income | $2,796,000 | 5,819 |
| Provision for loan and lease losses | $100,000 | 4,579 |
| Total noninterest income | $1,002,000 | 3,095 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $142,000 | 6,833 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $860,000 | 2,003 |
| Total noninterest expense | $2,686,000 | 4,694 |
| Salaries and employee benefits | $1,419,000 | 4,508 |
| Premises and equipment expense | $340,000 | 5,132 |
| Additional noninterest expense | $927,000 | 4,647 |
| Pre-tax net operating income | $1,012,000 | 5,946 |
| Securities gains (losses) | $15,000 | 2,090 |
| Applicable income taxes | $285,000 | 6,195 |
| Income before extraordinary items | $742,000 | 5,753 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $742,000 | 5,750 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-20,000 | 11,021 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $731,200 | 5,791 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,520,000 | 6,128 |
| Total interest expense | $2,074,000 | 5,456 |
| Net interest income | $2,446,000 | 6,575 |
| Provision for loan and lease losses | $154,000 | 3,551 |
| Total noninterest income | $979,000 | 3,157 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $69,000 | 9,035 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $910,000 | 1,964 |
| Total noninterest expense | $2,491,000 | 5,167 |
| Salaries and employee benefits | $1,410,000 | 4,526 |
| Premises and equipment expense | $257,000 | 6,405 |
| Additional noninterest expense | $824,000 | 5,566 |
| Pre-tax net operating income | $780,000 | 6,971 |
| Securities gains (losses) | $-57,000 | 11,138 |
| Applicable income taxes | $193,000 | 7,460 |
| Income before extraordinary items | $530,000 | 7,074 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $530,000 | 7,085 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $19,000 | 6,702 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $571,610 | 6,804 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,287,000 | 6,533 |
| Total interest expense | $2,423,000 | 4,959 |
| Net interest income | $1,864,000 | 8,062 |
| Provision for loan and lease losses | $441,000 | 2,298 |
| Total noninterest income | $1,553,000 | 2,382 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $89,000 | 8,728 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,464,000 | 1,581 |
| Total noninterest expense | $2,541,000 | 5,201 |
| Salaries and employee benefits | $1,551,000 | 4,154 |
| Premises and equipment expense | $228,000 | 7,133 |
| Additional noninterest expense | $762,000 | 6,159 |
| Pre-tax net operating income | $435,000 | 9,142 |
| Securities gains (losses) | $44,000 | 3,595 |
| Applicable income taxes | $53,000 | 10,868 |
| Income before extraordinary items | $426,000 | 8,172 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $426,000 | 8,335 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $250,000 | 2,742 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $386,840 | 8,306 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,898,000 | 9,149 |
| Total interest expense | $1,504,000 | 8,494 |
| Net interest income | $1,394,000 | 9,639 |
| Provision for loan and lease losses | $140,000 | 6,292 |
| Total noninterest income | $1,015,000 | 3,277 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $25,000 | 11,220 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $990,000 | 2,018 |
| Total noninterest expense | $2,035,000 | 6,289 |
| Salaries and employee benefits | $1,161,000 | 5,332 |
| Premises and equipment expense | $193,000 | 8,002 |
| Additional noninterest expense | $681,000 | 6,879 |
| Pre-tax net operating income | $234,000 | 10,758 |
| Securities gains (losses) | $5,000 | 7,049 |
| Applicable income taxes | $138,000 | 8,935 |
| Income before extraordinary items | $101,000 | 11,925 |
| Extraordinary gains, net | $138,000 | 593 |
| Net income | $239,000 | 10,211 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $14,000 | 9,616 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $97,800 | 11,677 |
* 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.