Home > The Progressive Bank > Income and Expense
The Progressive Bank, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $12,390,000 | 2,625 |
| Total interest expense | $5,409,000 | 2,710 |
| Net interest income | $6,981,000 | 2,517 |
| Provision for loan and lease losses | $332,000 | 2,458 |
| Total noninterest income | $802,000 | 3,610 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $606,000 | 2,206 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $196,000 | 4,986 |
| Total noninterest expense | $3,539,000 | 3,677 |
| Salaries and employee benefits | $1,757,000 | 3,820 |
| Premises and equipment expense | $421,000 | 4,348 |
| Additional noninterest expense | $1,361,000 | 3,101 |
| Pre-tax net operating income | $3,912,000 | 1,876 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $1,314,000 | 1,770 |
| Income before extraordinary items | $2,598,000 | 2,039 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $2,598,000 | 2,039 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $99,000 | 3,601 |
| Cash dividends | $600,000 | 3,129 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $2,598,000 | 2,009 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $12,265,000 | 2,656 |
| Total interest expense | $5,628,000 | 2,690 |
| Net interest income | $6,637,000 | 2,572 |
| Provision for loan and lease losses | $350,000 | 2,310 |
| Total noninterest income | $1,059,000 | 2,956 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $596,000 | 2,152 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $463,000 | 3,122 |
| Total noninterest expense | $4,329,000 | 3,002 |
| Salaries and employee benefits | $2,187,000 | 3,069 |
| Premises and equipment expense | $380,000 | 4,596 |
| Additional noninterest expense | $1,762,000 | 2,363 |
| Pre-tax net operating income | $3,017,000 | 2,362 |
| Securities gains (losses) | $-1,000 | 9,769 |
| Applicable income taxes | $-248,000 | 10,338 |
| Income before extraordinary items | $3,264,000 | 1,612 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $3,264,000 | 1,613 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $156,000 | 2,847 |
| Cash dividends | $2,417,000 | 1,154 |
| Sale, conversion, retirement of capital stock, net | $2,928,000 | 341 |
| Net operating income | $3,265,000 | 1,551 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $8,282,000 | 3,852 |
| Total interest expense | $3,880,000 | 3,792 |
| Net interest income | $4,402,000 | 3,882 |
| Provision for loan and lease losses | $170,000 | 3,857 |
| Total noninterest income | $681,000 | 4,049 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $409,000 | 3,158 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $272,000 | 4,147 |
| Total noninterest expense | $2,541,000 | 4,728 |
| Salaries and employee benefits | $1,381,000 | 4,562 |
| Premises and equipment expense | $233,000 | 6,305 |
| Additional noninterest expense | $927,000 | 4,195 |
| Pre-tax net operating income | $2,372,000 | 3,048 |
| Securities gains (losses) | $-8,000 | 9,909 |
| Applicable income taxes | $119,000 | 8,109 |
| Income before extraordinary items | $2,245,000 | 2,336 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,245,000 | 2,336 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 6,076 |
| Cash dividends | $1,720,000 | 1,462 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $2,252,600 | 2,276 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,687,000 | 4,760 |
| Total interest expense | $3,087,000 | 4,662 |
| Net interest income | $3,600,000 | 4,715 |
| Provision for loan and lease losses | $120,000 | 4,568 |
| Total noninterest income | $742,000 | 3,910 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $421,000 | 3,199 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $321,000 | 3,918 |
| Total noninterest expense | $2,018,000 | 5,911 |
| Salaries and employee benefits | $1,159,000 | 5,363 |
| Premises and equipment expense | $169,000 | 7,642 |
| Additional noninterest expense | $690,000 | 5,800 |
| Pre-tax net operating income | $2,204,000 | 3,155 |
| Securities gains (losses) | $-22,000 | 10,677 |
| Applicable income taxes | $716,000 | 3,133 |
| Income before extraordinary items | $1,466,000 | 3,262 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,466,000 | 3,261 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $27,000 | 6,315 |
| Cash dividends | $1,200,000 | 1,863 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,480,740 | 3,189 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,295,000 | 4,988 |
| Total interest expense | $2,862,000 | 4,973 |
| Net interest income | $3,433,000 | 4,939 |
| Provision for loan and lease losses | $165,000 | 3,441 |
| Total noninterest income | $594,000 | 4,601 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $340,000 | 3,868 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $254,000 | 4,434 |
| Total noninterest expense | $1,994,000 | 5,991 |
| Salaries and employee benefits | $1,026,000 | 5,927 |
| Premises and equipment expense | $165,000 | 7,915 |
| Additional noninterest expense | $803,000 | 5,238 |
| Pre-tax net operating income | $1,868,000 | 3,711 |
| Securities gains (losses) | $6,000 | 2,714 |
| Applicable income taxes | $596,000 | 3,678 |
| Income before extraordinary items | $1,278,000 | 3,739 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,278,000 | 3,735 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $57,000 | 4,894 |
| Cash dividends | $1,300,000 | 1,661 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,273,920 | 3,726 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,371,000 | 5,339 |
| Total interest expense | $2,224,000 | 5,118 |
| Net interest income | $3,147,000 | 5,405 |
| Provision for loan and lease losses | $168,000 | 3,376 |
| Total noninterest income | $536,000 | 5,031 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $319,000 | 4,146 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $217,000 | 5,013 |
| Total noninterest expense | $1,926,000 | 6,394 |
| Salaries and employee benefits | $956,000 | 6,329 |
| Premises and equipment expense | $142,000 | 8,775 |
| Additional noninterest expense | $828,000 | 5,544 |
| Pre-tax net operating income | $1,589,000 | 4,206 |
| Securities gains (losses) | $-69,000 | 11,290 |
| Applicable income taxes | $467,000 | 4,267 |
| Income before extraordinary items | $1,053,000 | 4,339 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,053,000 | 4,340 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $36,000 | 5,693 |
| Cash dividends | $450,000 | 3,436 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,100,610 | 4,225 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,904,000 | 5,880 |
| Total interest expense | $2,067,000 | 5,684 |
| Net interest income | $2,837,000 | 5,911 |
| Provision for loan and lease losses | $164,000 | 4,432 |
| Total noninterest income | $425,000 | 6,221 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $288,000 | 4,578 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $137,000 | 6,855 |
| Total noninterest expense | $1,754,000 | 7,026 |
| Salaries and employee benefits | $860,000 | 6,959 |
| Premises and equipment expense | $130,000 | 9,470 |
| Additional noninterest expense | $764,000 | 6,148 |
| Pre-tax net operating income | $1,344,000 | 4,745 |
| Securities gains (losses) | $6,000 | 5,977 |
| Applicable income taxes | $380,000 | 5,186 |
| Income before extraordinary items | $970,000 | 4,797 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $970,000 | 4,942 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $157,000 | 3,580 |
| Cash dividends | $900,000 | 1,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $965,680 | 4,573 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,341,000 | 6,044 |
| Total interest expense | $2,475,000 | 6,037 |
| Net interest income | $2,866,000 | 5,940 |
| Provision for loan and lease losses | $162,000 | 5,880 |
| Total noninterest income | $446,000 | 6,111 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $275,000 | 4,756 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $171,000 | 6,197 |
| Total noninterest expense | $1,664,000 | 7,357 |
| Salaries and employee benefits | $814,000 | 7,181 |
| Premises and equipment expense | $195,000 | 7,943 |
| Additional noninterest expense | $655,000 | 7,070 |
| Pre-tax net operating income | $1,486,000 | 4,065 |
| Securities gains (losses) | $13,000 | 6,142 |
| Applicable income taxes | $434,000 | 4,508 |
| Income before extraordinary items | $1,065,000 | 4,270 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,065,000 | 4,312 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $114,000 | 5,577 |
| Cash dividends | $825,000 | 1,848 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,055,770 | 3,975 |
* 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.