Home > The Salem Bank > Income and Expense
The Salem Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,012,000 | 8,321 |
| Total interest expense | $1,188,000 | 8,301 |
| Net interest income | $1,824,000 | 8,175 |
| Provision for loan and lease losses | $12,000 | 9,545 |
| Total noninterest income | $242,000 | 8,491 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $191,000 | 6,139 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $51,000 | 10,038 |
| Total noninterest expense | $951,000 | 9,973 |
| Salaries and employee benefits | $329,000 | 11,369 |
| Premises and equipment expense | $83,000 | 11,040 |
| Additional noninterest expense | $539,000 | 7,867 |
| Pre-tax net operating income | $1,103,000 | 5,503 |
| Securities gains (losses) | $4,000 | 6,316 |
| Applicable income taxes | $360,000 | 5,386 |
| Income before extraordinary items | $747,000 | 5,842 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $747,000 | 5,991 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-82,000 | 12,874 |
| Cash dividends | $900,000 | 1,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $744,320 | 5,600 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,477,000 | 8,215 |
| Total interest expense | $1,566,000 | 8,313 |
| Net interest income | $1,911,000 | 7,997 |
| Provision for loan and lease losses | $38,000 | 9,593 |
| Total noninterest income | $199,000 | 9,438 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $148,000 | 7,158 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $51,000 | 10,352 |
| Total noninterest expense | $1,070,000 | 9,667 |
| Salaries and employee benefits | $482,000 | 9,953 |
| Premises and equipment expense | $83,000 | 11,388 |
| Additional noninterest expense | $505,000 | 8,407 |
| Pre-tax net operating income | $1,002,000 | 5,606 |
| Securities gains (losses) | $8,000 | 6,653 |
| Applicable income taxes | $320,000 | 5,690 |
| Income before extraordinary items | $690,000 | 5,985 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $690,000 | 6,060 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $37,000 | 8,164 |
| Cash dividends | $660,000 | 2,231 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $684,560 | 5,676 |
* 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.