Home > The First National Bank of Hereford > Income and Expense
The First National Bank of Hereford, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,911,000 | 4,927 |
| Total interest expense | $1,834,000 | 5,985 |
| Net interest income | $4,077,000 | 4,301 |
| Provision for loan and lease losses | $-200,000 | 12,313 |
| Total noninterest income | $381,000 | 6,322 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $279,000 | 4,630 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $102,000 | 7,454 |
| Total noninterest expense | $2,414,000 | 5,315 |
| Salaries and employee benefits | $1,268,000 | 4,995 |
| Premises and equipment expense | $299,000 | 5,731 |
| Additional noninterest expense | $847,000 | 5,439 |
| Pre-tax net operating income | $2,244,000 | 3,115 |
| Securities gains (losses) | $-6,000 | 9,509 |
| Applicable income taxes | $762,000 | 2,893 |
| Income before extraordinary items | $1,476,000 | 3,220 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,476,000 | 3,233 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-129,000 | 12,306 |
| Cash dividends | $1,000,000 | 1,879 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,479,960 | 3,243 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,425,000 | 5,399 |
| Total interest expense | $1,722,000 | 6,560 |
| Net interest income | $3,703,000 | 4,724 |
| Provision for loan and lease losses | $-300,000 | 13,100 |
| Total noninterest income | $340,000 | 7,148 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $242,000 | 5,241 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $98,000 | 7,923 |
| Total noninterest expense | $2,386,000 | 5,490 |
| Salaries and employee benefits | $1,203,000 | 5,224 |
| Premises and equipment expense | $285,000 | 6,106 |
| Additional noninterest expense | $898,000 | 5,376 |
| Pre-tax net operating income | $1,957,000 | 3,377 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $658,000 | 3,310 |
| Income before extraordinary items | $1,299,000 | 3,710 |
| Extraordinary gains, net | $-253,000 | 13,084 |
| Net income | $1,046,000 | 4,650 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-103,000 | 12,940 |
| Cash dividends | $1,000,000 | 1,731 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,299,000 | 3,521 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,702,000 | 5,727 |
| Total interest expense | $2,168,000 | 6,700 |
| Net interest income | $3,534,000 | 4,965 |
| Provision for loan and lease losses | $-400,000 | 13,878 |
| Total noninterest income | $373,000 | 6,807 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $260,000 | 4,984 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $113,000 | 7,650 |
| Total noninterest expense | $2,251,000 | 5,801 |
| Salaries and employee benefits | $1,048,000 | 5,789 |
| Premises and equipment expense | $313,000 | 5,788 |
| Additional noninterest expense | $890,000 | 5,579 |
| Pre-tax net operating income | $2,056,000 | 3,024 |
| Securities gains (losses) | $42,000 | 4,413 |
| Applicable income taxes | $699,000 | 2,992 |
| Income before extraordinary items | $1,399,000 | 3,280 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,399,000 | 3,321 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-331,000 | 13,892 |
| Cash dividends | $1,400,000 | 1,163 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,370,860 | 3,105 |
* 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.