Home > The Horizon Bank of Virginia > Income and Expense
The Horizon Bank of Virginia, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $9,116,000 | 3,499 |
| Total interest expense | $4,016,000 | 3,673 |
| Net interest income | $5,100,000 | 3,326 |
| Provision for loan and lease losses | $326,000 | 2,431 |
| Total noninterest income | $810,000 | 3,599 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $350,000 | 3,495 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $460,000 | 3,137 |
| Total noninterest expense | $4,532,000 | 2,866 |
| Salaries and employee benefits | $1,937,000 | 3,446 |
| Premises and equipment expense | $970,000 | 2,015 |
| Additional noninterest expense | $1,625,000 | 2,577 |
| Pre-tax net operating income | $1,052,000 | 5,271 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $358,000 | 4,708 |
| Income before extraordinary items | $694,000 | 5,646 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $694,000 | 5,645 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $22,000 | 6,193 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $20,000 | 924 |
| Net operating income | $694,000 | 5,532 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $8,527,000 | 3,744 |
| Total interest expense | $3,583,000 | 4,061 |
| Net interest income | $4,944,000 | 3,525 |
| Provision for loan and lease losses | $386,000 | 2,159 |
| Total noninterest income | $535,000 | 4,775 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $295,000 | 4,136 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $240,000 | 4,480 |
| Total noninterest expense | $4,180,000 | 3,051 |
| Salaries and employee benefits | $2,014,000 | 3,284 |
| Premises and equipment expense | $947,000 | 2,081 |
| Additional noninterest expense | $1,219,000 | 3,311 |
| Pre-tax net operating income | $913,000 | 6,105 |
| Securities gains (losses) | $-1,000 | 9,009 |
| Applicable income taxes | $310,000 | 5,627 |
| Income before extraordinary items | $602,000 | 6,361 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $602,000 | 6,361 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $552,000 | 1,251 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $1,000 | 1,018 |
| Net operating income | $602,660 | 6,303 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $7,692,000 | 4,182 |
| Total interest expense | $3,567,000 | 4,123 |
| Net interest income | $4,125,000 | 4,211 |
| Provision for loan and lease losses | $211,000 | 3,294 |
| Total noninterest income | $386,000 | 6,064 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $261,000 | 4,668 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $125,000 | 6,477 |
| Total noninterest expense | $3,690,000 | 3,593 |
| Salaries and employee benefits | $1,859,000 | 3,572 |
| Premises and equipment expense | $757,000 | 2,583 |
| Additional noninterest expense | $1,074,000 | 4,157 |
| Pre-tax net operating income | $610,000 | 7,363 |
| Securities gains (losses) | $7,000 | 2,762 |
| Applicable income taxes | $211,000 | 6,981 |
| Income before extraordinary items | $406,000 | 7,567 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $406,000 | 7,565 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $189,000 | 2,769 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $193,000 | 586 |
| Net operating income | $401,380 | 7,543 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,890,000 | 4,631 |
| Total interest expense | $3,182,000 | 4,506 |
| Net interest income | $3,708,000 | 4,625 |
| Provision for loan and lease losses | $178,000 | 3,312 |
| Total noninterest income | $312,000 | 6,946 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $221,000 | 5,323 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $91,000 | 7,528 |
| Total noninterest expense | $3,121,000 | 4,135 |
| Salaries and employee benefits | $1,517,000 | 4,243 |
| Premises and equipment expense | $619,000 | 3,130 |
| Additional noninterest expense | $985,000 | 4,409 |
| Pre-tax net operating income | $721,000 | 7,216 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $238,000 | 6,833 |
| Income before extraordinary items | $483,000 | 7,378 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $483,000 | 7,378 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $330,000 | 1,825 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $100,000 | 561 |
| Net operating income | $483,000 | 7,341 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,630,000 | 5,136 |
| Total interest expense | $2,269,000 | 5,041 |
| Net interest income | $3,361,000 | 5,124 |
| Provision for loan and lease losses | $431,000 | 1,719 |
| Total noninterest income | $281,000 | 7,510 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $205,000 | 5,767 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $76,000 | 8,407 |
| Total noninterest expense | $2,573,000 | 5,027 |
| Salaries and employee benefits | $1,250,000 | 5,061 |
| Premises and equipment expense | $413,000 | 4,457 |
| Additional noninterest expense | $910,000 | 5,126 |
| Pre-tax net operating income | $638,000 | 7,780 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $217,000 | 7,062 |
| Income before extraordinary items | $421,000 | 7,982 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $421,000 | 7,989 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $311,000 | 1,856 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $185,000 | 711 |
| Net operating income | $421,000 | 8,030 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,774,000 | 6,012 |
| Total interest expense | $2,038,000 | 5,741 |
| Net interest income | $2,736,000 | 6,094 |
| Provision for loan and lease losses | $546,000 | 1,979 |
| Total noninterest income | $294,000 | 7,763 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $199,000 | 5,987 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $95,000 | 8,045 |
| Total noninterest expense | $2,151,000 | 5,977 |
| Salaries and employee benefits | $1,019,000 | 6,022 |
| Premises and equipment expense | $341,000 | 5,335 |
| Additional noninterest expense | $791,000 | 5,974 |
| Pre-tax net operating income | $333,000 | 9,958 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $46,000 | 11,040 |
| Income before extraordinary items | $287,000 | 9,623 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $287,000 | 9,764 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $487,000 | 1,798 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $210,000 | 768 |
| Net operating income | $287,000 | 9,364 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,363,000 | 7,052 |
| Total interest expense | $1,995,000 | 7,119 |
| Net interest income | $2,368,000 | 6,851 |
| Provision for loan and lease losses | $715,000 | 2,335 |
| Total noninterest income | $208,000 | 9,264 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $166,000 | 6,705 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $42,000 | 10,916 |
| Total noninterest expense | $1,728,000 | 7,189 |
| Salaries and employee benefits | $786,000 | 7,350 |
| Premises and equipment expense | $308,000 | 5,860 |
| Additional noninterest expense | $634,000 | 7,224 |
| Pre-tax net operating income | $133,000 | 11,683 |
| Securities gains (losses) | $94,000 | 3,106 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $227,000 | 10,217 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $227,000 | 10,362 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $220,000 | 3,995 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $133,000 | 11,180 |
* 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.