Home > The Security State Bank > Income and Expense

The Security State Bank, Income and Expense

2001-12-31 (YTD Data)		Rank
Total interest income	$1,191,000	8,993
Total interest expense	$439,000	9,116
Net interest income	$752,000	8,770
Provision for loan and lease losses	$250,000	3,605
Total noninterest income	$33,000	9,331
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$28,000	8,010
Trading account gains and fees	$0	177
Additional Noninterest Income	$5,000	9,318
Total noninterest expense	$489,000	9,201
Salaries and employee benefits	$340,000	8,898
Premises and equipment expense	$31,000	9,399
Additional noninterest expense	$118,000	9,264
Pre-tax net operating income	$46,000	8,556
Securities gains (losses)	$0	4,612
Applicable income taxes	$4,000	7,767
Income before extraordinary items	$42,000	8,648
Extraordinary gains, net	$0	105
Net income	$42,000	8,647
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$395,000	1,840
Cash dividends	$1,575,000	1,594
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$42,000	8,550
2000-12-31 (YTD Data)		Rank
Total interest income	$1,260,000	9,186
Total interest expense	$530,000	9,191
Net interest income	$730,000	9,044
Provision for loan and lease losses	$0	8,337
Total noninterest income	$36,000	9,516
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$34,000	8,004
Trading account gains and fees	NA	NA
Additional Noninterest Income	$2,000	9,744
Total noninterest expense	$473,000	9,442
Salaries and employee benefits	$346,000	9,017
Premises and equipment expense	$27,000	9,705
Additional noninterest expense	$100,000	9,629
Pre-tax net operating income	$293,000	7,926
Securities gains (losses)	$0	1,956
Applicable income taxes	$105,000	6,454
Income before extraordinary items	$188,000	8,145
Extraordinary gains, net	$0	38
Net income	$188,000	8,143
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-20,000	9,388
Cash dividends	$56,000	6,350
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$188,000	8,146
1999-12-31 (YTD Data)		Rank
Total interest income	$1,254,000	9,363
Total interest expense	$494,000	9,454
Net interest income	$760,000	9,155
Provision for loan and lease losses	$0	8,503
Total noninterest income	$34,000	9,810
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$29,000	8,320
Trading account gains and fees	NA	NA
Additional Noninterest Income	$5,000	9,956
Total noninterest expense	$470,000	9,715
Salaries and employee benefits	$335,000	9,287
Premises and equipment expense	$34,000	9,919
Additional noninterest expense	$101,000	9,915
Pre-tax net operating income	$324,000	7,955
Securities gains (losses)	$0	3,155
Applicable income taxes	$116,000	6,713
Income before extraordinary items	$208,000	8,245
Extraordinary gains, net	$0	35
Net income	$208,000	8,243
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$12,000	6,647
Cash dividends	$57,000	6,541
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$208,000	8,216
1998-12-31 (YTD Data)		Rank
Total interest income	$1,246,000	9,603
Total interest expense	$492,000	9,715
Net interest income	$754,000	9,368
Provision for loan and lease losses	$0	8,652
Total noninterest income	$37,000	10,013
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$31,000	8,487
Trading account gains and fees	NA	NA
Additional Noninterest Income	$6,000	10,162
Total noninterest expense	$472,000	9,876
Salaries and employee benefits	$332,000	9,406
Premises and equipment expense	$33,000	10,136
Additional noninterest expense	$107,000	10,077
Pre-tax net operating income	$319,000	8,288
Securities gains (losses)	$0	4,449
Applicable income taxes	$113,000	7,340
Income before extraordinary items	$206,000	8,571
Extraordinary gains, net	$0	32
Net income	$206,000	8,570
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-9,000	9,586
Cash dividends	$56,000	6,802
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$206,000	8,495
1997-12-31 (YTD Data)		Rank
Total interest income	$1,297,000	9,931
Total interest expense	$503,000	10,094
Net interest income	$794,000	9,688
Provision for loan and lease losses	$0	8,829
Total noninterest income	$41,000	10,427
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	$7,000	10,577
Total noninterest expense	$479,000	10,197
Salaries and employee benefits	$323,000	9,788
Premises and equipment expense	$51,000	10,179
Additional noninterest expense	$105,000	10,492
Pre-tax net operating income	$356,000	8,696
Securities gains (losses)	$0	3,944
Applicable income taxes	$132,000	7,884
Income before extraordinary items	$224,000	8,951
Extraordinary gains, net	$0	44
Net income	$224,000	8,956
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-19,000	10,206
Cash dividends	$56,000	7,102
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$224,000	8,917
1996-12-31 (YTD Data)		Rank
Total interest income	$1,282,000	10,416
Total interest expense	$499,000	10,595
Net interest income	$783,000	10,151
Provision for loan and lease losses	$0	9,041
Total noninterest income	$37,000	11,047
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$31,000	9,360
Trading account gains and fees	NA	NA
Additional Noninterest Income	$6,000	11,162
Total noninterest expense	$462,000	10,741
Salaries and employee benefits	$323,000	10,148
Premises and equipment expense	$33,000	11,075
Additional noninterest expense	$106,000	11,034
Pre-tax net operating income	$358,000	8,763
Securities gains (losses)	$0	4,148
Applicable income taxes	$131,000	8,193
Income before extraordinary items	$227,000	9,032
Extraordinary gains, net	$0	53
Net income	$227,000	9,036
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,805
Cash dividends	$38,000	7,752
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$227,000	8,971
1995-12-31 (YTD Data)		Rank
Total interest income	$1,185,000	10,997
Total interest expense	$486,000	11,071
Net interest income	$699,000	10,844
Provision for loan and lease losses	$0	8,958
Total noninterest income	$44,000	11,452
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$37,000	9,619
Trading account gains and fees	NA	NA
Additional Noninterest Income	$7,000	11,654
Total noninterest expense	$468,000	11,154
Salaries and employee benefits	$329,000	10,509
Premises and equipment expense	$27,000	11,683
Additional noninterest expense	$112,000	11,499
Pre-tax net operating income	$275,000	9,940
Securities gains (losses)	$0	3,831
Applicable income taxes	$100,000	9,180
Income before extraordinary items	$175,000	10,213
Extraordinary gains, net	$0	65
Net income	$175,000	10,215
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-4,000	10,260
Cash dividends	$38,000	8,029
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$175,000	10,184
1994-12-31 (YTD Data)		Rank
Total interest income	$1,078,000	11,561
Total interest expense	$441,000	11,387
Net interest income	$637,000	11,587
Provision for loan and lease losses	$0	9,146
Total noninterest income	$81,000	11,223
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$36,000	10,160
Trading account gains and fees	NA	NA
Additional Noninterest Income	$45,000	9,881
Total noninterest expense	$481,000	11,700
Salaries and employee benefits	$304,000	11,165
Premises and equipment expense	$46,000	11,772
Additional noninterest expense	$131,000	12,007
Pre-tax net operating income	$237,000	10,605
Securities gains (losses)	$0	3,600
Applicable income taxes	$79,000	9,837
Income before extraordinary items	$158,000	10,719
Extraordinary gains, net	$0	249
Net income	$158,000	10,723
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-6,000	10,519
Cash dividends	$37,000	8,251
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$158,000	10,767
1993-12-31 (YTD Data)		Rank
Total interest income	$1,212,000	11,864
Total interest expense	$426,000	12,097
Net interest income	$786,000	11,548
Provision for loan and lease losses	$0	10,371
Total noninterest income	$46,000	12,646
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$17,000	11,075
Trading account gains and fees	NA	NA
Additional Noninterest Income	$29,000	11,374
Total noninterest expense	$511,000	12,114
Salaries and employee benefits	$304,000	11,604
Premises and equipment expense	$49,000	12,246
Additional noninterest expense	$158,000	12,313
Pre-tax net operating income	$321,000	10,066
Securities gains (losses)	$0	7,477
Applicable income taxes	$111,000	9,488
Income before extraordinary items	$210,000	10,530
Extraordinary gains, net	$0	3,149
Net income	$210,000	10,633
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-9,000	11,674
Cash dividends	$38,000	8,281
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$210,000	10,298
1992-12-31 (YTD Data)		Rank
Total interest income	$1,321,000	12,359
Total interest expense	$581,000	12,388
Net interest income	$740,000	12,154
Provision for loan and lease losses	$1,000	11,714
Total noninterest income	$47,000	13,183
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$15,000	11,488
Trading account gains and fees	NA	NA
Additional Noninterest Income	$32,000	11,632
Total noninterest expense	$494,000	12,670
Salaries and employee benefits	$313,000	11,866
Premises and equipment expense	$41,000	13,024
Additional noninterest expense	$140,000	13,095
Pre-tax net operating income	$292,000	10,218
Securities gains (losses)	$0	8,369
Applicable income taxes	$91,000	10,135
Income before extraordinary items	$201,000	10,590
Extraordinary gains, net	$0	1,422
Net income	$201,000	10,720
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,000	10,379
Cash dividends	$37,000	8,061
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$201,000	10,247

* 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.