Home > The Bank of Iredell > Income and Expense
The Bank of Iredell, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,232,000 | 5,552 |
| Total interest expense | $1,920,000 | 6,040 |
| Net interest income | $3,312,000 | 5,198 |
| Provision for loan and lease losses | $143,000 | 4,782 |
| Total noninterest income | $1,097,000 | 3,117 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $525,000 | 2,652 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $572,000 | 2,973 |
| Total noninterest expense | $2,980,000 | 4,539 |
| Salaries and employee benefits | $1,291,000 | 4,918 |
| Premises and equipment expense | $342,000 | 5,325 |
| Additional noninterest expense | $1,347,000 | 3,826 |
| Pre-tax net operating income | $1,286,000 | 4,903 |
| Securities gains (losses) | $54,000 | 3,285 |
| Applicable income taxes | $446,000 | 4,614 |
| Income before extraordinary items | $894,000 | 5,128 |
| Extraordinary gains, net | $-12,000 | 12,346 |
| Net income | $882,000 | 5,320 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $20,000 | 7,730 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $857,820 | 5,060 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,655,000 | 6,722 |
| Total interest expense | $2,000,000 | 7,108 |
| Net interest income | $2,655,000 | 6,304 |
| Provision for loan and lease losses | $120,000 | 6,707 |
| Total noninterest income | $789,000 | 4,018 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $489,000 | 2,843 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $300,000 | 4,427 |
| Total noninterest expense | $2,687,000 | 4,981 |
| Salaries and employee benefits | $1,312,000 | 4,775 |
| Premises and equipment expense | $401,000 | 4,782 |
| Additional noninterest expense | $974,000 | 5,158 |
| Pre-tax net operating income | $637,000 | 7,471 |
| Securities gains (losses) | $31,000 | 4,927 |
| Applicable income taxes | $189,000 | 7,777 |
| Income before extraordinary items | $479,000 | 7,511 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $479,000 | 7,610 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $114,000 | 5,577 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $456,680 | 7,328 |
* 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.