Home > The First National Bank of Clifton Forge > Income and Expense
The First National Bank of Clifton Forge, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $8,838,000 | 3,589 |
| Total interest expense | $5,215,000 | 2,880 |
| Net interest income | $3,623,000 | 4,455 |
| Provision for loan and lease losses | $261,000 | 2,916 |
| Total noninterest income | $198,000 | 7,604 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $118,000 | 6,506 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $80,000 | 7,189 |
| Total noninterest expense | $1,721,000 | 6,181 |
| Salaries and employee benefits | $498,000 | 8,369 |
| Premises and equipment expense | $126,000 | 8,146 |
| Additional noninterest expense | $1,097,000 | 3,632 |
| Pre-tax net operating income | $1,839,000 | 3,573 |
| Securities gains (losses) | $19,000 | 2,467 |
| Applicable income taxes | $555,000 | 3,597 |
| Income before extraordinary items | $1,303,000 | 3,686 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,303,000 | 3,684 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $76,000 | 4,157 |
| Cash dividends | $903,000 | 2,385 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,289,700 | 3,626 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $8,750,000 | 3,658 |
| Total interest expense | $5,145,000 | 2,907 |
| Net interest income | $3,605,000 | 4,629 |
| Provision for loan and lease losses | $288,000 | 2,718 |
| Total noninterest income | $165,000 | 8,364 |
| Gross Fiduciary activities income | $7,000 | 1,364 |
| Service charges on deposit accounts | $97,000 | 7,274 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $61,000 | 7,985 |
| Total noninterest expense | $1,952,000 | 5,744 |
| Salaries and employee benefits | $474,000 | 8,792 |
| Premises and equipment expense | $128,000 | 8,292 |
| Additional noninterest expense | $1,350,000 | 3,003 |
| Pre-tax net operating income | $1,530,000 | 4,423 |
| Securities gains (losses) | $275,000 | 589 |
| Applicable income taxes | $544,000 | 3,964 |
| Income before extraordinary items | $1,261,000 | 3,892 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,261,000 | 3,891 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $29,000 | 6,018 |
| Cash dividends | $1,179,000 | 1,924 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,068,500 | 4,395 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,501,000 | 4,863 |
| Total interest expense | $3,070,000 | 4,680 |
| Net interest income | $3,431,000 | 4,908 |
| Provision for loan and lease losses | $1,000 | 9,010 |
| Total noninterest income | $150,000 | 9,008 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $87,000 | 7,800 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $63,000 | 8,357 |
| Total noninterest expense | $1,627,000 | 6,770 |
| Salaries and employee benefits | $598,000 | 8,145 |
| Premises and equipment expense | $137,000 | 8,364 |
| Additional noninterest expense | $892,000 | 4,791 |
| Pre-tax net operating income | $1,953,000 | 3,470 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $668,000 | 3,286 |
| Income before extraordinary items | $1,285,000 | 3,658 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,285,000 | 3,657 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $35,000 | 5,926 |
| Cash dividends | $1,039,000 | 2,070 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,285,000 | 3,603 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,531,000 | 5,563 |
| Total interest expense | $2,273,000 | 5,939 |
| Net interest income | $3,258,000 | 5,161 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $173,000 | 8,913 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $80,000 | 8,310 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $93,000 | 7,460 |
| Total noninterest expense | $1,262,000 | 7,986 |
| Salaries and employee benefits | $621,000 | 8,237 |
| Premises and equipment expense | $106,000 | 9,444 |
| Additional noninterest expense | $535,000 | 6,995 |
| Pre-tax net operating income | $2,169,000 | 3,248 |
| Securities gains (losses) | $-4,000 | 9,551 |
| Applicable income taxes | $640,000 | 3,493 |
| Income before extraordinary items | $1,525,000 | 3,200 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,525,000 | 3,197 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 10,150 |
| Cash dividends | $686,000 | 2,693 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,527,800 | 3,178 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,195,000 | 5,493 |
| Total interest expense | $1,942,000 | 5,737 |
| Net interest income | $3,253,000 | 5,256 |
| Provision for loan and lease losses | $3,000 | 8,961 |
| Total noninterest income | $177,000 | 9,158 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $90,000 | 8,368 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $87,000 | 7,945 |
| Total noninterest expense | $1,348,000 | 8,088 |
| Salaries and employee benefits | $604,000 | 8,586 |
| Premises and equipment expense | $114,000 | 9,573 |
| Additional noninterest expense | $630,000 | 6,816 |
| Pre-tax net operating income | $2,079,000 | 3,315 |
| Securities gains (losses) | $17,000 | 1,895 |
| Applicable income taxes | $607,000 | 3,484 |
| Income before extraordinary items | $1,489,000 | 3,197 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,489,000 | 3,210 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,000 | 8,352 |
| Cash dividends | $715,000 | 2,485 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,476,930 | 3,255 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,385,000 | 5,431 |
| Total interest expense | $1,958,000 | 5,937 |
| Net interest income | $3,427,000 | 5,046 |
| Provision for loan and lease losses | $27,000 | 8,602 |
| Total noninterest income | $204,000 | 9,157 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $109,000 | 8,130 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $95,000 | 8,045 |
| Total noninterest expense | $1,328,000 | 8,416 |
| Salaries and employee benefits | $631,000 | 8,545 |
| Premises and equipment expense | $123,000 | 9,690 |
| Additional noninterest expense | $574,000 | 7,564 |
| Pre-tax net operating income | $2,276,000 | 2,953 |
| Securities gains (losses) | $60,000 | 3,157 |
| Applicable income taxes | $658,000 | 3,310 |
| Income before extraordinary items | $1,678,000 | 2,921 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,678,000 | 3,019 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $51,000 | 6,011 |
| Cash dividends | $567,000 | 2,786 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,634,800 | 2,829 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,658,000 | 5,761 |
| Total interest expense | $2,349,000 | 6,289 |
| Net interest income | $3,309,000 | 5,267 |
| Provision for loan and lease losses | $46,000 | 9,271 |
| Total noninterest income | $198,000 | 9,453 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $106,000 | 8,336 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $92,000 | 8,366 |
| Total noninterest expense | $1,336,000 | 8,538 |
| Salaries and employee benefits | $626,000 | 8,586 |
| Premises and equipment expense | $142,000 | 9,348 |
| Additional noninterest expense | $568,000 | 7,788 |
| Pre-tax net operating income | $2,125,000 | 2,934 |
| Securities gains (losses) | $11,000 | 6,349 |
| Applicable income taxes | $583,000 | 3,512 |
| Income before extraordinary items | $1,553,000 | 2,968 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,553,000 | 3,002 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $49,000 | 7,598 |
| Cash dividends | $499,000 | 2,850 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,544,970 | 2,773 |
* 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.