Home > The Bank of Sharon > Income and Expense
The Bank of Sharon, Income and Expense
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $8,116,000 | 3,608 |
| Total interest expense | $4,056,000 | 2,710 |
| Net interest income | $4,060,000 | 4,304 |
| Provision for loan and lease losses | $236,000 | 4,022 |
| Total noninterest income | $1,260,000 | 2,973 |
| Gross Fiduciary activities income | $20,000 | 1,286 |
| Service charges on deposit accounts | $438,000 | 3,307 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $802,000 | 2,501 |
| Total noninterest expense | $3,833,000 | 3,678 |
| Salaries and employee benefits | $1,888,000 | 3,940 |
| Premises and equipment expense | $554,000 | 3,645 |
| Additional noninterest expense | $1,391,000 | 3,154 |
| Pre-tax net operating income | $1,251,000 | 4,602 |
| Securities gains (losses) | $164,000 | 1,305 |
| Applicable income taxes | $404,000 | 3,869 |
| Income before extraordinary items | $1,011,000 | 4,558 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $1,011,000 | 4,558 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 5,979 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $894,560 | 4,767 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $9,674,000 | 3,410 |
| Total interest expense | $6,578,000 | 2,442 |
| Net interest income | $3,096,000 | 4,946 |
| Provision for loan and lease losses | $283,000 | 3,341 |
| Total noninterest income | $1,339,000 | 2,723 |
| Gross Fiduciary activities income | $14,000 | 1,366 |
| Service charges on deposit accounts | $477,000 | 2,950 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $848,000 | 2,300 |
| Total noninterest expense | $3,764,000 | 3,613 |
| Salaries and employee benefits | $1,829,000 | 3,866 |
| Premises and equipment expense | $534,000 | 3,687 |
| Additional noninterest expense | $1,401,000 | 3,057 |
| Pre-tax net operating income | $388,000 | 7,035 |
| Securities gains (losses) | $33,000 | 2,734 |
| Applicable income taxes | $39,000 | 6,903 |
| Income before extraordinary items | $382,000 | 6,675 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $382,000 | 6,678 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $382,000 | 1,888 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $351,970 | 6,707 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $9,321,000 | 3,620 |
| Total interest expense | $6,482,000 | 2,575 |
| Net interest income | $2,839,000 | 5,358 |
| Provision for loan and lease losses | $122,000 | 4,805 |
| Total noninterest income | $1,804,000 | 2,027 |
| Gross Fiduciary activities income | $15,000 | 1,176 |
| Service charges on deposit accounts | $339,000 | 3,692 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $1,450,000 | 1,420 |
| Total noninterest expense | $3,412,000 | 3,790 |
| Salaries and employee benefits | $1,669,000 | 4,014 |
| Premises and equipment expense | $405,000 | 4,471 |
| Additional noninterest expense | $1,338,000 | 3,099 |
| Pre-tax net operating income | $1,109,000 | 4,971 |
| Securities gains (losses) | $-10,000 | 8,341 |
| Applicable income taxes | $316,000 | 4,482 |
| Income before extraordinary items | $783,000 | 5,102 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $783,000 | 5,101 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $68,000 | 4,268 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $790,100 | 5,077 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $8,310,000 | 3,770 |
| Total interest expense | $5,028,000 | 2,906 |
| Net interest income | $3,282,000 | 4,849 |
| Provision for loan and lease losses | $120,000 | 4,720 |
| Total noninterest income | $563,000 | 4,609 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $248,000 | 4,538 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $315,000 | 3,916 |
| Total noninterest expense | $2,787,000 | 4,487 |
| Salaries and employee benefits | $1,402,000 | 4,580 |
| Premises and equipment expense | $349,000 | 4,971 |
| Additional noninterest expense | $1,036,000 | 3,910 |
| Pre-tax net operating income | $938,000 | 5,496 |
| Securities gains (losses) | $-4,000 | 9,004 |
| Applicable income taxes | $262,000 | 5,101 |
| Income before extraordinary items | $672,000 | 5,582 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $672,000 | 5,579 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $45,000 | 5,020 |
| Cash dividends | $200,000 | 5,191 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $674,880 | 5,538 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $6,877,000 | 4,461 |
| Total interest expense | $4,142,000 | 3,567 |
| Net interest income | $2,735,000 | 5,505 |
| Provision for loan and lease losses | $300,000 | 2,562 |
| Total noninterest income | $633,000 | 4,234 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $220,000 | 4,861 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $413,000 | 3,360 |
| Total noninterest expense | $2,123,000 | 5,359 |
| Salaries and employee benefits | $976,000 | 5,866 |
| Premises and equipment expense | $238,000 | 6,142 |
| Additional noninterest expense | $909,000 | 4,260 |
| Pre-tax net operating income | $945,000 | 5,589 |
| Securities gains (losses) | $60,000 | 1,611 |
| Applicable income taxes | $294,000 | 5,226 |
| Income before extraordinary items | $711,000 | 5,565 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $711,000 | 5,565 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $130,000 | 3,185 |
| Cash dividends | $600,000 | 3,104 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $668,400 | 5,636 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $6,588,000 | 4,731 |
| Total interest expense | $3,602,000 | 4,044 |
| Net interest income | $2,986,000 | 5,325 |
| Provision for loan and lease losses | $220,000 | 3,234 |
| Total noninterest income | $354,000 | 6,137 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $219,000 | 5,049 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $135,000 | 5,975 |
| Total noninterest expense | $1,656,000 | 6,400 |
| Salaries and employee benefits | $773,000 | 6,912 |
| Premises and equipment expense | $183,000 | 7,152 |
| Additional noninterest expense | $700,000 | 5,222 |
| Pre-tax net operating income | $1,464,000 | 4,584 |
| Securities gains (losses) | $-3,000 | 9,416 |
| Applicable income taxes | $510,000 | 4,161 |
| Income before extraordinary items | $951,000 | 4,873 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $951,000 | 4,873 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $267,000 | 2,121 |
| Cash dividends | $410,000 | 3,889 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $952,950 | 4,809 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,042,000 | 5,161 |
| Total interest expense | $3,234,000 | 4,474 |
| Net interest income | $2,808,000 | 5,714 |
| Provision for loan and lease losses | $60,000 | 6,086 |
| Total noninterest income | $277,000 | 7,235 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $192,000 | 5,700 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $85,000 | 7,591 |
| Total noninterest expense | $1,514,000 | 7,074 |
| Salaries and employee benefits | $754,000 | 7,232 |
| Premises and equipment expense | $177,000 | 7,497 |
| Additional noninterest expense | $583,000 | 6,459 |
| Pre-tax net operating income | $1,511,000 | 4,316 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $542,000 | 3,889 |
| Income before extraordinary items | $969,000 | 4,616 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $969,000 | 4,617 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-25,000 | 10,776 |
| Cash dividends | $270,000 | 4,778 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $969,000 | 4,557 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,737,000 | 5,407 |
| Total interest expense | $2,891,000 | 4,923 |
| Net interest income | $2,846,000 | 5,741 |
| Provision for loan and lease losses | $60,000 | 5,704 |
| Total noninterest income | $387,000 | 6,105 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $227,000 | 5,229 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $160,000 | 5,798 |
| Total noninterest expense | $1,663,000 | 6,816 |
| Salaries and employee benefits | $781,000 | 7,207 |
| Premises and equipment expense | $188,000 | 7,429 |
| Additional noninterest expense | $694,000 | 5,899 |
| Pre-tax net operating income | $1,510,000 | 4,432 |
| Securities gains (losses) | $-29,000 | 10,820 |
| Applicable income taxes | $539,000 | 3,965 |
| Income before extraordinary items | $942,000 | 4,819 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $942,000 | 4,818 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 6,109 |
| Cash dividends | $375,000 | 4,026 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $960,560 | 4,738 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,220,000 | 6,453 |
| Total interest expense | $1,950,000 | 5,721 |
| Net interest income | $2,270,000 | 6,923 |
| Provision for loan and lease losses | $35,000 | 6,861 |
| Total noninterest income | $317,000 | 7,031 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $248,000 | 5,083 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $69,000 | 8,689 |
| Total noninterest expense | $1,441,000 | 7,786 |
| Salaries and employee benefits | $683,000 | 8,009 |
| Premises and equipment expense | $177,000 | 7,923 |
| Additional noninterest expense | $581,000 | 7,171 |
| Pre-tax net operating income | $1,111,000 | 5,533 |
| Securities gains (losses) | $16,000 | 1,924 |
| Applicable income taxes | $413,000 | 4,656 |
| Income before extraordinary items | $714,000 | 5,827 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $714,000 | 5,844 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-38,000 | 11,726 |
| Cash dividends | $450,000 | 3,436 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $703,760 | 5,945 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,898,000 | 6,988 |
| Total interest expense | $1,760,000 | 6,449 |
| Net interest income | $2,138,000 | 7,337 |
| Provision for loan and lease losses | $78,000 | 6,380 |
| Total noninterest income | $336,000 | 7,199 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $238,000 | 5,289 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $98,000 | 7,923 |
| Total noninterest expense | $1,374,000 | 8,263 |
| Salaries and employee benefits | $649,000 | 8,397 |
| Premises and equipment expense | $181,000 | 8,115 |
| Additional noninterest expense | $544,000 | 7,823 |
| Pre-tax net operating income | $1,022,000 | 5,805 |
| Securities gains (losses) | $-50,000 | 13,091 |
| Applicable income taxes | $183,000 | 7,947 |
| Income before extraordinary items | $789,000 | 5,622 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $789,000 | 5,768 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $87,000 | 4,863 |
| Cash dividends | $250,000 | 4,831 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $829,500 | 5,167 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,142,000 | 7,330 |
| Total interest expense | $2,071,000 | 6,943 |
| Net interest income | $2,071,000 | 7,571 |
| Provision for loan and lease losses | $132,000 | 6,450 |
| Total noninterest income | $273,000 | 8,124 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $205,000 | 5,892 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $68,000 | 9,388 |
| Total noninterest expense | $1,319,000 | 8,594 |
| Salaries and employee benefits | $583,000 | 8,971 |
| Premises and equipment expense | $180,000 | 8,311 |
| Additional noninterest expense | $556,000 | 7,920 |
| Pre-tax net operating income | $893,000 | 6,134 |
| Securities gains (losses) | $92,000 | 3,137 |
| Applicable income taxes | $156,000 | 8,466 |
| Income before extraordinary items | $829,000 | 5,219 |
| Extraordinary gains, net | $27,000 | 1,157 |
| Net income | $856,000 | 5,152 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $123,000 | 5,373 |
| Cash dividends | $535,000 | 2,638 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $751,720 | 5,284 |
* 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.