Home > The Valley National Bank > Income and Expense
The Valley National Bank, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,577,000 | 7,228 |
| Total interest expense | $1,158,000 | 8,068 |
| Net interest income | $2,419,000 | 6,625 |
| Provision for loan and lease losses | $56,000 | 5,901 |
| Total noninterest income | $527,000 | 5,100 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $412,000 | 3,295 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $115,000 | 7,070 |
| Total noninterest expense | $2,435,000 | 5,273 |
| Salaries and employee benefits | $1,293,000 | 4,907 |
| Premises and equipment expense | $422,000 | 4,385 |
| Additional noninterest expense | $720,000 | 6,184 |
| Pre-tax net operating income | $455,000 | 8,962 |
| Securities gains (losses) | $21,000 | 1,738 |
| Applicable income taxes | $177,000 | 7,765 |
| Income before extraordinary items | $299,000 | 9,157 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $299,000 | 9,160 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $63,000 | 4,659 |
| Cash dividends | $105,000 | 6,763 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $285,560 | 9,367 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,701,000 | 7,259 |
| Total interest expense | $1,199,000 | 8,251 |
| Net interest income | $2,502,000 | 6,541 |
| Provision for loan and lease losses | $-35,000 | 12,666 |
| Total noninterest income | $505,000 | 5,555 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $388,000 | 3,542 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $117,000 | 7,385 |
| Total noninterest expense | $2,457,000 | 5,358 |
| Salaries and employee benefits | $1,249,000 | 5,058 |
| Premises and equipment expense | $469,000 | 4,092 |
| Additional noninterest expense | $739,000 | 6,298 |
| Pre-tax net operating income | $585,000 | 8,052 |
| Securities gains (losses) | $26,000 | 4,293 |
| Applicable income taxes | $191,000 | 7,790 |
| Income before extraordinary items | $420,000 | 8,236 |
| Extraordinary gains, net | $-138,000 | 12,982 |
| Net income | $282,000 | 9,816 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-46,000 | 12,622 |
| Cash dividends | $50,000 | 7,918 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $402,060 | 8,137 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,890,000 | 7,652 |
| Total interest expense | $1,516,000 | 8,463 |
| Net interest income | $2,374,000 | 6,836 |
| Provision for loan and lease losses | $-178,000 | 13,804 |
| Total noninterest income | $503,000 | 5,615 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $380,000 | 3,657 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $123,000 | 7,370 |
| Total noninterest expense | $2,233,000 | 5,839 |
| Salaries and employee benefits | $1,127,000 | 5,473 |
| Premises and equipment expense | $453,000 | 4,319 |
| Additional noninterest expense | $654,000 | 7,077 |
| Pre-tax net operating income | $822,000 | 6,465 |
| Securities gains (losses) | $1,000 | 7,986 |
| Applicable income taxes | $290,000 | 6,069 |
| Income before extraordinary items | $533,000 | 7,050 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $533,000 | 7,143 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $63,000 | 7,015 |
| Cash dividends | $40,000 | 7,952 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $532,350 | 6,689 |
* 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.