Home > Towne Bank > Income and Expense
Towne Bank, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $22,177,000 | 1,470 |
| Total interest expense | $8,838,000 | 1,693 |
| Net interest income | $13,339,000 | 1,306 |
| Provision for loan and lease losses | $1,380,000 | 756 |
| Total noninterest income | $1,061,000 | 2,956 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $597,000 | 2,246 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $464,000 | 3,098 |
| Total noninterest expense | $9,000,000 | 1,546 |
| Salaries and employee benefits | $4,086,000 | 1,686 |
| Premises and equipment expense | $1,390,000 | 1,476 |
| Additional noninterest expense | $3,524,000 | 1,304 |
| Pre-tax net operating income | $4,020,000 | 1,835 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $1,905,000 | 1,282 |
| Income before extraordinary items | $2,115,000 | 2,453 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $2,115,000 | 2,453 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $351,000 | 1,610 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $-69,000 | 10,086 |
| Net operating income | $2,115,000 | 2,418 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $12,079,000 | 2,694 |
| Total interest expense | $4,549,000 | 3,262 |
| Net interest income | $7,530,000 | 2,268 |
| Provision for loan and lease losses | $465,000 | 1,830 |
| Total noninterest income | $646,000 | 4,187 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $344,000 | 3,551 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $302,000 | 4,008 |
| Total noninterest expense | $5,140,000 | 2,528 |
| Salaries and employee benefits | $2,132,000 | 3,147 |
| Premises and equipment expense | $714,000 | 2,714 |
| Additional noninterest expense | $2,294,000 | 1,843 |
| Pre-tax net operating income | $2,571,000 | 2,708 |
| Securities gains (losses) | $8,000 | 3,124 |
| Applicable income taxes | $1,256,000 | 1,908 |
| Income before extraordinary items | $1,323,000 | 3,624 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,323,000 | 3,624 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $151,000 | 2,906 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $-421,000 | 10,395 |
| Net operating income | $1,317,880 | 3,546 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $11,351,000 | 2,877 |
| Total interest expense | $4,274,000 | 3,437 |
| Net interest income | $7,077,000 | 2,452 |
| Provision for loan and lease losses | $910,000 | 1,065 |
| Total noninterest income | $646,000 | 4,220 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $348,000 | 3,630 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $298,000 | 3,944 |
| Total noninterest expense | $4,349,000 | 2,923 |
| Salaries and employee benefits | $2,299,000 | 2,880 |
| Premises and equipment expense | $726,000 | 2,645 |
| Additional noninterest expense | $1,324,000 | 3,057 |
| Pre-tax net operating income | $2,464,000 | 2,953 |
| Securities gains (losses) | $1,000 | 3,559 |
| Applicable income taxes | $850,000 | 2,798 |
| Income before extraordinary items | $1,615,000 | 3,134 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,615,000 | 3,134 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $418,000 | 1,541 |
| Cash dividends | $50,000 | 7,161 |
| Sale, conversion, retirement of capital stock, net | $-587,000 | 10,853 |
| Net operating income | $1,614,340 | 3,074 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $7,388,000 | 4,350 |
| Total interest expense | $2,810,000 | 5,056 |
| Net interest income | $4,578,000 | 3,836 |
| Provision for loan and lease losses | $635,000 | 1,442 |
| Total noninterest income | $597,000 | 4,587 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $224,000 | 5,177 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $373,000 | 3,535 |
| Total noninterest expense | $3,135,000 | 4,164 |
| Salaries and employee benefits | $1,617,000 | 4,021 |
| Premises and equipment expense | $534,000 | 3,581 |
| Additional noninterest expense | $984,000 | 4,459 |
| Pre-tax net operating income | $1,405,000 | 4,568 |
| Securities gains (losses) | $10,000 | 2,493 |
| Applicable income taxes | $465,000 | 4,391 |
| Income before extraordinary items | $950,000 | 4,679 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $950,000 | 4,680 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $310,000 | 2,029 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $2,817,000 | 242 |
| Net operating income | $943,300 | 4,666 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $4,752,000 | 6,199 |
| Total interest expense | $1,878,000 | 6,726 |
| Net interest income | $2,874,000 | 5,694 |
| Provision for loan and lease losses | $325,000 | 2,159 |
| Total noninterest income | $414,000 | 5,860 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $211,000 | 5,500 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $203,000 | 5,099 |
| Total noninterest expense | $2,285,000 | 5,390 |
| Salaries and employee benefits | $1,125,000 | 5,499 |
| Premises and equipment expense | $394,000 | 4,608 |
| Additional noninterest expense | $766,000 | 5,436 |
| Pre-tax net operating income | $678,000 | 7,426 |
| Securities gains (losses) | $9,000 | 2,462 |
| Applicable income taxes | $251,000 | 6,635 |
| Income before extraordinary items | $436,000 | 7,769 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $436,000 | 7,768 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $78,000 | 4,265 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $196,000 | 486 |
| Net operating income | $430,240 | 7,775 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,024,000 | 7,989 |
| Total interest expense | $1,010,000 | 8,653 |
| Net interest income | $2,014,000 | 7,534 |
| Provision for loan and lease losses | $147,000 | 3,663 |
| Total noninterest income | $463,000 | 5,568 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $148,000 | 6,941 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $315,000 | 3,948 |
| Total noninterest expense | $1,754,000 | 6,819 |
| Salaries and employee benefits | $891,000 | 6,701 |
| Premises and equipment expense | $231,000 | 6,847 |
| Additional noninterest expense | $632,000 | 6,802 |
| Pre-tax net operating income | $576,000 | 8,150 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $185,000 | 7,611 |
| Income before extraordinary items | $391,000 | 8,269 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $391,000 | 8,271 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 7,696 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $18,000 | 1,032 |
| Net operating income | $391,000 | 8,316 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,603,000 | 10,991 |
| Total interest expense | $514,000 | 11,619 |
| Net interest income | $1,089,000 | 10,449 |
| Provision for loan and lease losses | $172,000 | 4,316 |
| Total noninterest income | $309,000 | 7,535 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $81,000 | 8,972 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $228,000 | 5,274 |
| Total noninterest expense | $989,000 | 9,782 |
| Salaries and employee benefits | $457,000 | 10,073 |
| Premises and equipment expense | $145,000 | 9,044 |
| Additional noninterest expense | $387,000 | 9,405 |
| Pre-tax net operating income | $237,000 | 10,727 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $18,000 | 11,644 |
| Income before extraordinary items | $219,000 | 10,432 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $219,000 | 10,530 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $179,000 | 3,338 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $7,000 | 1,151 |
| Net operating income | $219,000 | 10,189 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,147,000 | 12,719 |
| Total interest expense | $393,000 | 13,204 |
| Net interest income | $754,000 | 12,096 |
| Provision for loan and lease losses | $113,000 | 6,955 |
| Total noninterest income | $160,000 | 10,293 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $67,000 | 9,657 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $93,000 | 8,327 |
| Total noninterest expense | $763,000 | 11,184 |
| Salaries and employee benefits | $360,000 | 11,340 |
| Premises and equipment expense | $104,000 | 10,590 |
| Additional noninterest expense | $299,000 | 10,840 |
| Pre-tax net operating income | $38,000 | 12,487 |
| Securities gains (losses) | $13,000 | 6,142 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $51,000 | 12,562 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $51,000 | 12,566 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $70,000 | 6,766 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $38,000 | 12,403 |
* 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.