Home > The Corning Bank > Income and Expense
The Corning Bank, Income and Expense
2001-12-31 (YTD Data) | Rank | |
Total interest income | $6,293,000 | 4,799 |
Total interest expense | $2,665,000 | 5,168 |
Net interest income | $3,628,000 | 4,451 |
Provision for loan and lease losses | $120,000 | 5,188 |
Total noninterest income | $344,000 | 6,060 |
Gross Fiduciary activities income | $0 | 1,731 |
Service charges on deposit accounts | $263,000 | 4,507 |
Trading account gains and fees | $0 | 177 |
Additional Noninterest Income | $81,000 | 6,856 |
Total noninterest expense | $1,759,000 | 6,219 |
Salaries and employee benefits | $985,000 | 6,038 |
Premises and equipment expense | $199,000 | 6,806 |
Additional noninterest expense | $575,000 | 6,000 |
Pre-tax net operating income | $2,093,000 | 3,071 |
Securities gains (losses) | $67,000 | 2,086 |
Applicable income taxes | $758,000 | 2,527 |
Income before extraordinary items | $1,402,000 | 3,395 |
Extraordinary gains, net | $0 | 105 |
Net income | $1,402,000 | 3,399 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $22,000 | 6,192 |
Cash dividends | $347,000 | 4,148 |
Sale, conversion, retirement of capital stock, net | $0 | 922 |
Net operating income | $1,358,450 | 3,379 |
2000-12-31 (YTD Data) | Rank | |
Total interest income | $6,158,000 | 4,985 |
Total interest expense | $2,752,000 | 5,238 |
Net interest income | $3,406,000 | 4,705 |
Provision for loan and lease losses | $48,000 | 6,621 |
Total noninterest income | $275,000 | 6,521 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $189,000 | 5,243 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $86,000 | 6,759 |
Total noninterest expense | $1,658,000 | 6,348 |
Salaries and employee benefits | $953,000 | 6,117 |
Premises and equipment expense | $166,000 | 7,315 |
Additional noninterest expense | $539,000 | 6,136 |
Pre-tax net operating income | $1,975,000 | 3,357 |
Securities gains (losses) | $0 | 1,956 |
Applicable income taxes | $687,000 | 2,828 |
Income before extraordinary items | $1,288,000 | 3,666 |
Extraordinary gains, net | $0 | 38 |
Net income | $1,288,000 | 3,666 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $119,000 | 3,278 |
Cash dividends | $341,000 | 4,254 |
Sale, conversion, retirement of capital stock, net | $0 | 969 |
Net operating income | $1,288,000 | 3,659 |
1999-12-31 (YTD Data) | Rank | |
Total interest income | $5,759,000 | 5,087 |
Total interest expense | $2,380,000 | 5,363 |
Net interest income | $3,379,000 | 4,753 |
Provision for loan and lease losses | $48,000 | 6,602 |
Total noninterest income | $267,000 | 6,758 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $163,000 | 5,633 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $104,000 | 6,534 |
Total noninterest expense | $1,573,000 | 6,587 |
Salaries and employee benefits | $888,000 | 6,366 |
Premises and equipment expense | $151,000 | 7,646 |
Additional noninterest expense | $534,000 | 6,262 |
Pre-tax net operating income | $2,025,000 | 3,313 |
Securities gains (losses) | $0 | 3,155 |
Applicable income taxes | $715,000 | 2,871 |
Income before extraordinary items | $1,310,000 | 3,622 |
Extraordinary gains, net | $0 | 35 |
Net income | $1,310,000 | 3,623 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $35,000 | 5,387 |
Cash dividends | $323,000 | 4,378 |
Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
Net operating income | $1,310,000 | 3,586 |
1998-12-31 (YTD Data) | Rank | |
Total interest income | $5,880,000 | 5,082 |
Total interest expense | $2,491,000 | 5,381 |
Net interest income | $3,389,000 | 4,705 |
Provision for loan and lease losses | $48,000 | 6,686 |
Total noninterest income | $267,000 | 6,808 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $157,000 | 5,798 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $110,000 | 6,403 |
Total noninterest expense | $1,584,000 | 6,462 |
Salaries and employee benefits | $912,000 | 6,154 |
Premises and equipment expense | $138,000 | 7,911 |
Additional noninterest expense | $534,000 | 6,209 |
Pre-tax net operating income | $2,024,000 | 3,311 |
Securities gains (losses) | $0 | 4,449 |
Applicable income taxes | $684,000 | 3,084 |
Income before extraordinary items | $1,340,000 | 3,582 |
Extraordinary gains, net | $0 | 32 |
Net income | $1,340,000 | 3,582 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $29,000 | 5,812 |
Cash dividends | $313,000 | 4,468 |
Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
Net operating income | $1,340,000 | 3,481 |
1997-12-31 (YTD Data) | Rank | |
Total interest income | $5,625,000 | 5,315 |
Total interest expense | $2,272,000 | 5,760 |
Net interest income | $3,353,000 | 4,883 |
Provision for loan and lease losses | $122,000 | 4,599 |
Total noninterest income | $258,000 | 7,121 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $175,000 | 5,740 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $83,000 | 7,280 |
Total noninterest expense | $1,463,000 | 6,886 |
Salaries and employee benefits | $840,000 | 6,584 |
Premises and equipment expense | $140,000 | 8,021 |
Additional noninterest expense | $483,000 | 6,647 |
Pre-tax net operating income | $2,026,000 | 3,493 |
Securities gains (losses) | $0 | 3,944 |
Applicable income taxes | $692,000 | 3,269 |
Income before extraordinary items | $1,334,000 | 3,714 |
Extraordinary gains, net | $0 | 44 |
Net income | $1,334,000 | 3,713 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $20,000 | 6,572 |
Cash dividends | $299,000 | 4,634 |
Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
Net operating income | $1,334,000 | 3,636 |
1996-12-31 (YTD Data) | Rank | |
Total interest income | $5,210,000 | 5,767 |
Total interest expense | $2,084,000 | 6,258 |
Net interest income | $3,126,000 | 5,290 |
Provision for loan and lease losses | $72,000 | 5,782 |
Total noninterest income | $263,000 | 7,422 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $186,000 | 5,815 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $77,000 | 7,844 |
Total noninterest expense | $1,436,000 | 7,293 |
Salaries and employee benefits | $811,000 | 6,926 |
Premises and equipment expense | $151,000 | 8,033 |
Additional noninterest expense | $474,000 | 7,256 |
Pre-tax net operating income | $1,881,000 | 3,584 |
Securities gains (losses) | $0 | 4,148 |
Applicable income taxes | $669,000 | 3,282 |
Income before extraordinary items | $1,212,000 | 3,845 |
Extraordinary gains, net | $0 | 53 |
Net income | $1,212,000 | 3,845 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $13,000 | 7,243 |
Cash dividends | $548,000 | 3,226 |
Sale, conversion, retirement of capital stock, net | $0 | 953 |
Net operating income | $1,212,000 | 3,788 |
1995-12-31 (YTD Data) | Rank | |
Total interest income | $4,769,000 | 6,188 |
Total interest expense | $1,918,000 | 6,652 |
Net interest income | $2,851,000 | 5,730 |
Provision for loan and lease losses | $48,000 | 6,309 |
Total noninterest income | $290,000 | 7,186 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $185,000 | 5,967 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $105,000 | 7,073 |
Total noninterest expense | $1,462,000 | 7,395 |
Salaries and employee benefits | $771,000 | 7,262 |
Premises and equipment expense | $149,000 | 8,299 |
Additional noninterest expense | $542,000 | 6,929 |
Pre-tax net operating income | $1,631,000 | 4,159 |
Securities gains (losses) | $9,000 | 2,462 |
Applicable income taxes | $592,000 | 3,695 |
Income before extraordinary items | $1,048,000 | 4,412 |
Extraordinary gains, net | $0 | 65 |
Net income | $1,048,000 | 4,410 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $39,000 | 5,578 |
Cash dividends | $0 | 8,717 |
Sale, conversion, retirement of capital stock, net | $0 | 809 |
Net operating income | $1,042,240 | 4,427 |
1994-12-31 (YTD Data) | Rank | |
Total interest income | $3,971,000 | 6,735 |
Total interest expense | $1,439,000 | 7,076 |
Net interest income | $2,532,000 | 6,415 |
Provision for loan and lease losses | $43,000 | 6,473 |
Total noninterest income | $278,000 | 7,546 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $173,000 | 6,386 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $105,000 | 7,360 |
Total noninterest expense | $1,545,000 | 7,458 |
Salaries and employee benefits | $763,000 | 7,433 |
Premises and equipment expense | $159,000 | 8,320 |
Additional noninterest expense | $623,000 | 6,866 |
Pre-tax net operating income | $1,222,000 | 5,176 |
Securities gains (losses) | $8,000 | 2,362 |
Applicable income taxes | $210,000 | 7,181 |
Income before extraordinary items | $1,020,000 | 4,470 |
Extraordinary gains, net | $0 | 249 |
Net income | $1,020,000 | 4,471 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-9,000 | 10,731 |
Cash dividends | $381,000 | 3,863 |
Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
Net operating income | $1,013,360 | 4,539 |
1993-12-31 (YTD Data) | Rank | |
Total interest income | $3,863,000 | 7,044 |
Total interest expense | $1,406,000 | 7,521 |
Net interest income | $2,457,000 | 6,629 |
Provision for loan and lease losses | $72,000 | 6,563 |
Total noninterest income | $276,000 | 7,987 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $181,000 | 6,355 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $95,000 | 8,045 |
Total noninterest expense | $1,450,000 | 8,002 |
Salaries and employee benefits | $703,000 | 7,982 |
Premises and equipment expense | $165,000 | 8,511 |
Additional noninterest expense | $582,000 | 7,499 |
Pre-tax net operating income | $1,211,000 | 5,146 |
Securities gains (losses) | $18,000 | 4,806 |
Applicable income taxes | $444,000 | 4,631 |
Income before extraordinary items | $785,000 | 5,643 |
Extraordinary gains, net | $0 | 3,149 |
Net income | $785,000 | 5,788 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $41,000 | 6,463 |
Cash dividends | $136,000 | 6,307 |
Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
Net operating income | $773,480 | 5,472 |
1992-12-31 (YTD Data) | Rank | |
Total interest income | $4,249,000 | 7,183 |
Total interest expense | $1,714,000 | 7,853 |
Net interest income | $2,535,000 | 6,523 |
Provision for loan and lease losses | $82,000 | 7,825 |
Total noninterest income | $268,000 | 8,212 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $171,000 | 6,588 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $97,000 | 8,166 |
Total noninterest expense | $1,354,000 | 8,467 |
Salaries and employee benefits | $672,000 | 8,207 |
Premises and equipment expense | $154,000 | 8,989 |
Additional noninterest expense | $528,000 | 8,214 |
Pre-tax net operating income | $1,367,000 | 4,411 |
Securities gains (losses) | $0 | 8,369 |
Applicable income taxes | $482,000 | 4,109 |
Income before extraordinary items | $885,000 | 4,990 |
Extraordinary gains, net | $0 | 1,422 |
Net income | $885,000 | 5,039 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $6,000 | 10,379 |
Cash dividends | $688,000 | 2,177 |
Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
Net operating income | $885,000 | 4,684 |
* 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.