Home > The Citizens Bank of Sparta > Income and Expense

The Citizens Bank of Sparta, Income and Expense

2004-12-31 (YTD Data)		Rank
Total interest income	$604,000	8,701
Total interest expense	$180,000	8,530
Net interest income	$424,000	8,714
Provision for loan and lease losses	$61,000	5,633
Total noninterest income	$77,000	8,333
Gross Fiduciary activities income	$0	1,582
Service charges on deposit accounts	$59,000	7,138
Trading account gains and fees	$0	138
Additional Noninterest Income	$18,000	8,274
Total noninterest expense	$387,000	8,806
Salaries and employee benefits	$219,000	8,790
Premises and equipment expense	$39,000	8,731
Additional noninterest expense	$129,000	8,693
Pre-tax net operating income	$53,000	8,238
Securities gains (losses)	$0	3,819
Applicable income taxes	$0	7,185
Income before extraordinary items	$53,000	8,268
Extraordinary gains, net	$0	34
Net income	$53,000	8,268
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$443,000	1,475
Cash dividends	$0	6,149
Sale, conversion, retirement of capital stock, net	$0	872
Net operating income	$53,000	8,226
2004-09-30 (YTD Data)		Rank
Total interest income	$30,000	9,003
Total interest expense	$11,000	8,941
Net interest income	$19,000	9,007
Provision for loan and lease losses	$0	7,100
Total noninterest income	$3,000	8,948
Gross Fiduciary activities income	$0	1,547
Service charges on deposit accounts	$3,000	7,885
Trading account gains and fees	$0	134
Additional Noninterest Income	$0	8,890
Total noninterest expense	$1,000	9,023
Salaries and employee benefits	$0	9,000
Premises and equipment expense	$0	8,990
Additional noninterest expense	$1,000	9,019
Pre-tax net operating income	$21,000	8,408
Securities gains (losses)	$0	3,710
Applicable income taxes	$0	7,220
Income before extraordinary items	$21,000	8,438
Extraordinary gains, net	$0	26
Net income	$21,000	8,441
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$3,000	6,103
Cash dividends	$0	5,363
Sale, conversion, retirement of capital stock, net	$0	738
Net operating income	$21,000	8,396
2004-06-30 (YTD Data)		Rank
Total interest income	$1,299,000	6,847
Total interest expense	$369,000	6,477
Net interest income	$930,000	6,858
Provision for loan and lease losses	$60,000	4,267
Total noninterest income	$76,000	7,672
Gross Fiduciary activities income	$0	1,518
Service charges on deposit accounts	$49,000	6,572
Trading account gains and fees	$0	130
Additional Noninterest Income	$27,000	7,377
Total noninterest expense	$904,000	6,344
Salaries and employee benefits	$666,000	5,362
Premises and equipment expense	$57,000	7,822
Additional noninterest expense	$181,000	7,359
Pre-tax net operating income	$42,000	8,290
Securities gains (losses)	$32,000	1,752
Applicable income taxes	$0	7,214
Income before extraordinary items	$74,000	8,042
Extraordinary gains, net	$0	21
Net income	$74,000	8,044
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$47,000	3,118
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$0	638
Net operating income	$42,000	8,234
2004-03-31 (YTD Data)		Rank
Total interest income	$655,000	6,874
Total interest expense	$188,000	6,500
Net interest income	$467,000	6,879
Provision for loan and lease losses	$30,000	4,060
Total noninterest income	$89,000	6,038
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$25,000	6,482
Trading account gains and fees	$0	121
Additional Noninterest Income	$64,000	4,614
Total noninterest expense	$541,000	5,785
Salaries and employee benefits	$388,000	4,848
Premises and equipment expense	$25,000	8,017
Additional noninterest expense	$128,000	6,476
Pre-tax net operating income	$-15,000	8,631
Securities gains (losses)	$0	2,934
Applicable income taxes	$0	7,103
Income before extraordinary items	$-15,000	8,669
Extraordinary gains, net	$0	16
Net income	$-15,000	8,669
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$16,000	3,144
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$-15,000	8,621
2003-12-31 (YTD Data)		Rank
Total interest income	$2,777,000	6,768
Total interest expense	$922,000	6,338
Net interest income	$1,855,000	6,812
Provision for loan and lease losses	$288,000	3,278
Total noninterest income	$199,000	7,364
Gross Fiduciary activities income	$0	1,641
Service charges on deposit accounts	$105,000	6,483
Trading account gains and fees	$0	160
Additional Noninterest Income	$94,000	6,634
Total noninterest expense	$1,540,000	6,820
Salaries and employee benefits	$987,000	6,309
Premises and equipment expense	$100,000	8,065
Additional noninterest expense	$453,000	6,830
Pre-tax net operating income	$226,000	7,739
Securities gains (losses)	$5,000	3,903
Applicable income taxes	$0	7,459
Income before extraordinary items	$231,000	7,612
Extraordinary gains, net	$0	54
Net income	$231,000	7,616
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$221,000	2,718
Cash dividends	$40,000	5,989
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$226,000	7,504
2003-09-30 (YTD Data)		Rank
Total interest income	$2,105,000	6,807
Total interest expense	$723,000	6,376
Net interest income	$1,382,000	6,872
Provision for loan and lease losses	$178,000	3,620
Total noninterest income	$150,000	7,400
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$79,000	6,528
Trading account gains and fees	$0	153
Additional Noninterest Income	$71,000	6,675
Total noninterest expense	$1,118,000	6,906
Salaries and employee benefits	$750,000	6,235
Premises and equipment expense	$65,000	8,278
Additional noninterest expense	$303,000	7,113
Pre-tax net operating income	$236,000	7,514
Securities gains (losses)	$3,000	3,777
Applicable income taxes	$0	7,524
Income before extraordinary items	$239,000	7,335
Extraordinary gains, net	$0	40
Net income	$239,000	7,338
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$168,000	2,434
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$236,000	7,189
2003-06-30 (YTD Data)		Rank
Total interest income	$1,392,000	6,891
Total interest expense	$507,000	6,347
Net interest income	$885,000	7,009
Provision for loan and lease losses	$138,000	3,257
Total noninterest income	$108,000	7,253
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$55,000	6,423
Trading account gains and fees	$0	150
Additional Noninterest Income	$53,000	6,477
Total noninterest expense	$746,000	6,922
Salaries and employee benefits	$500,000	6,264
Premises and equipment expense	$40,000	8,386
Additional noninterest expense	$206,000	7,067
Pre-tax net operating income	$109,000	7,930
Securities gains (losses)	$1,000	3,586
Applicable income taxes	$0	7,529
Income before extraordinary items	$110,000	7,849
Extraordinary gains, net	$0	30
Net income	$110,000	7,850
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$130,000	2,149
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$109,000	7,681
2003-03-31 (YTD Data)		Rank
Total interest income	$694,000	6,932
Total interest expense	$253,000	6,459
Net interest income	$441,000	7,024
Provision for loan and lease losses	$70,000	3,059
Total noninterest income	$62,000	6,956
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$28,000	6,375
Trading account gains and fees	$0	134
Additional Noninterest Income	$34,000	5,990
Total noninterest expense	$367,000	6,989
Salaries and employee benefits	$249,000	6,268
Premises and equipment expense	$20,000	8,398
Additional noninterest expense	$98,000	7,195
Pre-tax net operating income	$66,000	7,733
Securities gains (losses)	$1,000	2,714
Applicable income taxes	$0	7,403
Income before extraordinary items	$67,000	7,552
Extraordinary gains, net	$0	21
Net income	$67,000	7,552
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$63,000	1,943
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$66,000	7,414
2002-12-31 (YTD Data)		Rank
Total interest income	$2,922,000	6,930
Total interest expense	$1,172,000	6,496
Net interest income	$1,750,000	7,039
Provision for loan and lease losses	$210,000	4,243
Total noninterest income	$169,000	7,624
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$94,000	6,675
Trading account gains and fees	$0	153
Additional Noninterest Income	$75,000	6,976
Total noninterest expense	$1,526,000	6,791
Salaries and employee benefits	$991,000	6,172
Premises and equipment expense	$110,000	8,038
Additional noninterest expense	$425,000	6,978
Pre-tax net operating income	$183,000	7,992
Securities gains (losses)	$3,000	4,139
Applicable income taxes	$1,000	7,615
Income before extraordinary items	$185,000	7,923
Extraordinary gains, net	$0	70
Net income	$185,000	7,923
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$255,000	2,639
Cash dividends	$60,000	5,867
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$182,030	7,821
2001-12-31 (YTD Data)		Rank
Total interest income	$3,526,000	6,755
Total interest expense	$1,930,000	6,205
Net interest income	$1,596,000	7,166
Provision for loan and lease losses	$136,000	4,973
Total noninterest income	$161,000	7,736
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$85,000	6,877
Trading account gains and fees	$0	177
Additional Noninterest Income	$76,000	6,985
Total noninterest expense	$1,501,000	6,795
Salaries and employee benefits	$948,000	6,176
Premises and equipment expense	$143,000	7,644
Additional noninterest expense	$410,000	7,063
Pre-tax net operating income	$120,000	8,240
Securities gains (losses)	$0	4,612
Applicable income taxes	$15,000	7,441
Income before extraordinary items	$105,000	8,295
Extraordinary gains, net	$0	105
Net income	$105,000	8,293
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$167,000	3,193
Cash dividends	$47,000	6,214
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$105,000	8,190
2000-12-31 (YTD Data)		Rank
Total interest income	$3,582,000	6,838
Total interest expense	$1,969,000	6,319
Net interest income	$1,613,000	7,276
Provision for loan and lease losses	$201,000	3,725
Total noninterest income	$174,000	7,551
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$84,000	6,909
Trading account gains and fees	NA	NA
Additional Noninterest Income	$90,000	6,664
Total noninterest expense	$1,435,000	6,921
Salaries and employee benefits	$861,000	6,457
Premises and equipment expense	$131,000	7,898
Additional noninterest expense	$443,000	6,826
Pre-tax net operating income	$151,000	8,587
Securities gains (losses)	$-10,000	8,341
Applicable income taxes	$-54,000	9,499
Income before extraordinary items	$195,000	8,095
Extraordinary gains, net	$0	38
Net income	$195,000	8,093
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$139,000	2,997
Cash dividends	$60,000	6,304
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$205,000	8,038
1999-12-31 (YTD Data)		Rank
Total interest income	$3,334,000	7,004
Total interest expense	$1,679,000	6,577
Net interest income	$1,655,000	7,273
Provision for loan and lease losses	$90,000	5,432
Total noninterest income	$151,000	8,093
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$73,000	7,279
Trading account gains and fees	NA	NA
Additional Noninterest Income	$78,000	7,202
Total noninterest expense	$1,313,000	7,261
Salaries and employee benefits	$823,000	6,644
Premises and equipment expense	$107,000	8,499
Additional noninterest expense	$383,000	7,422
Pre-tax net operating income	$403,000	7,591
Securities gains (losses)	$0	3,155
Applicable income taxes	$41,000	7,793
Income before extraordinary items	$362,000	7,215
Extraordinary gains, net	$0	35
Net income	$362,000	7,216
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$58,000	4,567
Cash dividends	$60,000	6,490
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$362,000	7,188
1998-12-31 (YTD Data)		Rank
Total interest income	$3,095,000	7,420
Total interest expense	$1,611,000	6,954
Net interest income	$1,484,000	7,722
Provision for loan and lease losses	$147,000	4,228
Total noninterest income	$152,000	8,197
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$92,000	7,021
Trading account gains and fees	NA	NA
Additional Noninterest Income	$60,000	7,800
Total noninterest expense	$1,175,000	7,609
Salaries and employee benefits	$722,000	7,062
Premises and equipment expense	$109,000	8,510
Additional noninterest expense	$344,000	7,714
Pre-tax net operating income	$314,000	8,309
Securities gains (losses)	$0	4,449
Applicable income taxes	$3,000	9,247
Income before extraordinary items	$311,000	7,792
Extraordinary gains, net	$0	32
Net income	$311,000	7,791
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$133,000	3,139
Cash dividends	$50,000	6,861
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$311,000	7,709
1997-12-31 (YTD Data)		Rank
Total interest income	$2,977,000	7,779
Total interest expense	$1,482,000	7,393
Net interest income	$1,495,000	7,991
Provision for loan and lease losses	$153,000	4,084
Total noninterest income	$198,000	7,865
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$95,000	7,313
Trading account gains and fees	NA	NA
Additional Noninterest Income	$103,000	6,713
Total noninterest expense	$1,115,000	7,960
Salaries and employee benefits	$676,000	7,460
Premises and equipment expense	$101,000	8,944
Additional noninterest expense	$338,000	7,923
Pre-tax net operating income	$425,000	8,311
Securities gains (losses)	$0	3,944
Applicable income taxes	$68,000	8,947
Income before extraordinary items	$357,000	7,936
Extraordinary gains, net	$0	44
Net income	$357,000	7,940
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$117,000	3,491
Cash dividends	$50,000	7,161
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$357,000	7,880
1996-12-31 (YTD Data)		Rank
Total interest income	$2,901,000	8,130
Total interest expense	$1,365,000	7,929
Net interest income	$1,536,000	8,176
Provision for loan and lease losses	$123,000	4,537
Total noninterest income	$140,000	9,172
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$85,000	7,846
Trading account gains and fees	NA	NA
Additional Noninterest Income	$55,000	8,673
Total noninterest expense	$967,000	8,790
Salaries and employee benefits	$665,000	7,742
Premises and equipment expense	$75,000	9,952
Additional noninterest expense	$227,000	9,632
Pre-tax net operating income	$586,000	7,496
Securities gains (losses)	$5,000	2,986
Applicable income taxes	$118,000	8,426
Income before extraordinary items	$473,000	7,091
Extraordinary gains, net	$0	53
Net income	$473,000	7,093
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$33,000	6,017
Cash dividends	$50,000	7,494
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$469,000	7,061
1995-12-31 (YTD Data)		Rank
Total interest income	$2,531,000	8,920
Total interest expense	$1,189,000	8,620
Net interest income	$1,342,000	8,948
Provision for loan and lease losses	$90,000	4,814
Total noninterest income	$120,000	9,859
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$90,000	8,029
Trading account gains and fees	NA	NA
Additional Noninterest Income	$30,000	10,278
Total noninterest expense	$912,000	9,314
Salaries and employee benefits	$582,000	8,484
Premises and equipment expense	$70,000	10,479
Additional noninterest expense	$260,000	9,723
Pre-tax net operating income	$460,000	8,688
Securities gains (losses)	$0	3,831
Applicable income taxes	$79,000	9,610
Income before extraordinary items	$381,000	8,230
Extraordinary gains, net	$0	65
Net income	$381,000	8,230
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$63,000	4,707
Cash dividends	$35,000	8,101
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$381,000	8,213
1994-12-31 (YTD Data)		Rank
Total interest income	$2,089,000	9,631
Total interest expense	$813,000	9,538
Net interest income	$1,276,000	9,530
Provision for loan and lease losses	$55,000	5,922
Total noninterest income	$146,000	9,773
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$86,000	8,498
Trading account gains and fees	NA	NA
Additional Noninterest Income	$60,000	9,091
Total noninterest expense	$916,000	9,703
Salaries and employee benefits	$514,000	9,262
Premises and equipment expense	$93,000	10,249
Additional noninterest expense	$309,000	9,857
Pre-tax net operating income	$451,000	8,990
Securities gains (losses)	$0	3,600
Applicable income taxes	$96,000	9,458
Income before extraordinary items	$355,000	8,595
Extraordinary gains, net	$0	249
Net income	$355,000	8,603
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$80,000	4,158
Cash dividends	$30,000	8,349
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$355,000	8,649
1993-12-31 (YTD Data)		Rank
Total interest income	$1,906,000	10,371
Total interest expense	$744,000	10,340
Net interest income	$1,162,000	10,191
Provision for loan and lease losses	$0	10,371
Total noninterest income	$145,000	10,311
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$73,000	9,246
Trading account gains and fees	NA	NA
Additional Noninterest Income	$72,000	8,988
Total noninterest expense	$878,000	10,301
Salaries and employee benefits	$512,000	9,556
Premises and equipment expense	$99,000	10,473
Additional noninterest expense	$267,000	10,864
Pre-tax net operating income	$429,000	9,187
Securities gains (losses)	$7,000	5,826
Applicable income taxes	$76,000	10,314
Income before extraordinary items	$360,000	8,833
Extraordinary gains, net	$-50,000	12,729
Net income	$310,000	9,541
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,000	9,724
Cash dividends	$25,000	8,549
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$354,190	8,636
1992-12-31 (YTD Data)		Rank
Total interest income	$1,998,000	10,894
Total interest expense	$909,000	10,823
Net interest income	$1,089,000	10,734
Provision for loan and lease losses	$0	11,756
Total noninterest income	$130,000	10,919
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$69,000	9,583
Trading account gains and fees	NA	NA
Additional Noninterest Income	$61,000	9,744
Total noninterest expense	$788,000	11,063
Salaries and employee benefits	$458,000	10,222
Premises and equipment expense	$80,000	11,493
Additional noninterest expense	$250,000	11,528
Pre-tax net operating income	$431,000	8,948
Securities gains (losses)	$0	8,369
Applicable income taxes	$70,000	10,722
Income before extraordinary items	$361,000	8,606
Extraordinary gains, net	$0	1,422
Net income	$361,000	8,731
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-8,000	12,698
Cash dividends	$20,000	8,461
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$361,000	8,244

* 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.