Home > The Lower Salem Commercial Bank > Income and Expense
The Lower Salem Commercial Bank, Income and Expense
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $2,265,000 | 8,163 |
| Total interest expense | $1,073,000 | 8,073 |
| Net interest income | $1,192,000 | 8,084 |
| Provision for loan and lease losses | $346,000 | 2,596 |
| Total noninterest income | $76,000 | 8,945 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $40,000 | 7,855 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $36,000 | 8,303 |
| Total noninterest expense | $997,000 | 8,031 |
| Salaries and employee benefits | $417,000 | 8,664 |
| Premises and equipment expense | $136,000 | 7,816 |
| Additional noninterest expense | $444,000 | 6,819 |
| Pre-tax net operating income | $-75,000 | 9,224 |
| Securities gains (losses) | $-2,000 | 7,578 |
| Applicable income taxes | $-1,000 | 9,263 |
| Income before extraordinary items | $-76,000 | 9,239 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $-76,000 | 9,238 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $246,000 | 2,078 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $-74,020 | 9,232 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $2,428,000 | 7,992 |
| Total interest expense | $1,138,000 | 7,809 |
| Net interest income | $1,290,000 | 8,007 |
| Provision for loan and lease losses | $463,000 | 1,882 |
| Total noninterest income | $72,000 | 9,257 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $41,000 | 8,049 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $31,000 | 8,795 |
| Total noninterest expense | $851,000 | 8,590 |
| Salaries and employee benefits | $435,000 | 8,701 |
| Premises and equipment expense | $146,000 | 7,736 |
| Additional noninterest expense | $270,000 | 8,385 |
| Pre-tax net operating income | $48,000 | 9,243 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $2,000 | 8,682 |
| Income before extraordinary items | $46,000 | 9,263 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $46,000 | 9,260 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $463,000 | 1,287 |
| Cash dividends | $56,000 | 6,547 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $46,000 | 9,232 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $2,270,000 | 8,353 |
| Total interest expense | $1,095,000 | 8,164 |
| Net interest income | $1,175,000 | 8,385 |
| Provision for loan and lease losses | $140,000 | 4,320 |
| Total noninterest income | $69,000 | 9,531 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $43,000 | 8,213 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $26,000 | 9,196 |
| Total noninterest expense | $943,000 | 8,296 |
| Salaries and employee benefits | $401,000 | 8,960 |
| Premises and equipment expense | $135,000 | 7,968 |
| Additional noninterest expense | $407,000 | 7,159 |
| Pre-tax net operating income | $161,000 | 9,123 |
| Securities gains (losses) | $5,000 | 3,437 |
| Applicable income taxes | $36,000 | 8,594 |
| Income before extraordinary items | $130,000 | 9,114 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $130,000 | 9,111 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $108,000 | 3,514 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $126,100 | 9,070 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $1,902,000 | 9,136 |
| Total interest expense | $862,000 | 9,073 |
| Net interest income | $1,040,000 | 9,089 |
| Provision for loan and lease losses | $90,000 | 5,371 |
| Total noninterest income | $81,000 | 9,741 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $34,000 | 8,837 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $47,000 | 8,573 |
| Total noninterest expense | $776,000 | 9,121 |
| Salaries and employee benefits | $366,000 | 9,485 |
| Premises and equipment expense | $126,000 | 8,337 |
| Additional noninterest expense | $284,000 | 8,489 |
| Pre-tax net operating income | $255,000 | 9,261 |
| Securities gains (losses) | $-5,000 | 9,661 |
| Applicable income taxes | $45,000 | 9,331 |
| Income before extraordinary items | $205,000 | 9,113 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $205,000 | 9,116 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $68,000 | 4,572 |
| Cash dividends | $98,000 | 6,587 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $209,100 | 9,040 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $1,728,000 | 9,771 |
| Total interest expense | $819,000 | 9,588 |
| Net interest income | $909,000 | 9,811 |
| Provision for loan and lease losses | $81,000 | 5,578 |
| Total noninterest income | $78,000 | 10,319 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $36,000 | 9,214 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $42,000 | 9,253 |
| Total noninterest expense | $675,000 | 9,895 |
| Salaries and employee benefits | $354,000 | 9,925 |
| Premises and equipment expense | $109,000 | 9,055 |
| Additional noninterest expense | $212,000 | 9,797 |
| Pre-tax net operating income | $231,000 | 9,596 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $38,000 | 9,901 |
| Income before extraordinary items | $193,000 | 9,364 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $193,000 | 9,366 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $71,000 | 4,609 |
| Cash dividends | $91,000 | 6,870 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $193,000 | 9,308 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $1,681,000 | 10,211 |
| Total interest expense | $788,000 | 9,988 |
| Net interest income | $893,000 | 10,267 |
| Provision for loan and lease losses | $108,000 | 4,448 |
| Total noninterest income | $77,000 | 10,796 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $41,000 | 9,495 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $36,000 | 9,923 |
| Total noninterest expense | $633,000 | 10,439 |
| Salaries and employee benefits | $334,000 | 10,459 |
| Premises and equipment expense | $87,000 | 10,006 |
| Additional noninterest expense | $212,000 | 10,282 |
| Pre-tax net operating income | $229,000 | 10,271 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $58,000 | 10,021 |
| Income before extraordinary items | $171,000 | 10,254 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $171,000 | 10,256 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $79,000 | 4,240 |
| Cash dividends | $84,000 | 7,124 |
| Sale, conversion, retirement of capital stock, net | $-122,000 | 10,472 |
| Net operating income | $171,000 | 10,227 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $1,534,000 | 10,677 |
| Total interest expense | $663,000 | 10,288 |
| Net interest income | $871,000 | 10,826 |
| Provision for loan and lease losses | $106,000 | 4,419 |
| Total noninterest income | $70,000 | 11,488 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $30,000 | 10,321 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $40,000 | 10,157 |
| Total noninterest expense | $585,000 | 11,202 |
| Salaries and employee benefits | $292,000 | 11,282 |
| Premises and equipment expense | $64,000 | 11,169 |
| Additional noninterest expense | $229,000 | 10,782 |
| Pre-tax net operating income | $250,000 | 10,486 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $59,000 | 10,250 |
| Income before extraordinary items | $191,000 | 10,382 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $191,000 | 10,386 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $37,000 | 5,658 |
| Cash dividends | $90,000 | 7,108 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $191,000 | 10,434 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,469,000 | 11,310 |
| Total interest expense | $654,000 | 10,852 |
| Net interest income | $815,000 | 11,453 |
| Provision for loan and lease losses | $101,000 | 5,713 |
| Total noninterest income | $62,000 | 12,252 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $27,000 | 10,831 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $35,000 | 10,982 |
| Total noninterest expense | $578,000 | 11,762 |
| Salaries and employee benefits | $293,000 | 11,734 |
| Premises and equipment expense | $77,000 | 11,269 |
| Additional noninterest expense | $208,000 | 11,617 |
| Pre-tax net operating income | $198,000 | 11,058 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $32,000 | 11,333 |
| Income before extraordinary items | $166,000 | 11,017 |
| Extraordinary gains, net | $1,000 | 3,136 |
| Net income | $167,000 | 11,098 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $88,000 | 4,830 |
| Cash dividends | $90,000 | 7,115 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $166,000 | 10,811 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,518,000 | 11,924 |
| Total interest expense | $809,000 | 11,286 |
| Net interest income | $709,000 | 12,285 |
| Provision for loan and lease losses | $56,000 | 8,797 |
| Total noninterest income | $57,000 | 12,940 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $26,000 | 11,193 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $31,000 | 11,703 |
| Total noninterest expense | $499,000 | 12,639 |
| Salaries and employee benefits | $237,000 | 12,746 |
| Premises and equipment expense | $73,000 | 11,760 |
| Additional noninterest expense | $189,000 | 12,390 |
| Pre-tax net operating income | $211,000 | 10,964 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $46,000 | 11,363 |
| Income before extraordinary items | $165,000 | 11,060 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $165,000 | 11,153 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 8,614 |
| Cash dividends | $83,000 | 6,950 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $165,000 | 10,727 |
* 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.