Home > Summit Savings Bank > Income and Expense
Summit Savings Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $14,332,000 | 2,164 |
| Total interest expense | $8,251,000 | 1,606 |
| Net interest income | $6,081,000 | 2,989 |
| Provision for loan and lease losses | $180,000 | 4,132 |
| Total noninterest income | $3,680,000 | 1,244 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $53,000 | 9,944 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $3,627,000 | 844 |
| Total noninterest expense | $6,091,000 | 2,355 |
| Salaries and employee benefits | $3,215,000 | 2,058 |
| Premises and equipment expense | $698,000 | 2,884 |
| Additional noninterest expense | $2,178,000 | 2,540 |
| Pre-tax net operating income | $3,490,000 | 1,955 |
| Securities gains (losses) | $222,000 | 1,577 |
| Applicable income taxes | $1,139,000 | 2,013 |
| Income before extraordinary items | $2,573,000 | 1,946 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,573,000 | 2,013 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $17,000 | 7,969 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $210,000 | 768 |
| Net operating income | $2,419,820 | 1,937 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $13,759,000 | 2,562 |
| Total interest expense | $8,248,000 | 2,068 |
| Net interest income | $5,511,000 | 3,321 |
| Provision for loan and lease losses | $305,000 | 4,063 |
| Total noninterest income | $3,526,000 | 1,262 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $45,000 | 10,514 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $3,481,000 | 858 |
| Total noninterest expense | $4,936,000 | 2,898 |
| Salaries and employee benefits | $2,534,000 | 2,554 |
| Premises and equipment expense | $577,000 | 3,494 |
| Additional noninterest expense | $1,825,000 | 3,023 |
| Pre-tax net operating income | $3,796,000 | 1,635 |
| Securities gains (losses) | $666,000 | 874 |
| Applicable income taxes | $1,432,000 | 1,503 |
| Income before extraordinary items | $3,030,000 | 1,526 |
| Extraordinary gains, net | $-327,000 | 13,790 |
| Net income | $2,703,000 | 1,718 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $12,000 | 9,788 |
| Cash dividends | $100,000 | 6,542 |
| Sale, conversion, retirement of capital stock, net | $20,000 | 1,011 |
| Net operating income | $2,577,120 | 1,632 |
* 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.