Home > Ute State Bank > Income and Expense

Ute State Bank, Income and Expense

2000-12-31 (YTD Data)		Rank
Total interest income	$444,000	9,724
Total interest expense	$211,000	9,644
Net interest income	$233,000	9,747
Provision for loan and lease losses	$0	8,337
Total noninterest income	$28,000	9,607
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$24,000	8,200
Trading account gains and fees	NA	NA
Additional Noninterest Income	$4,000	9,680
Total noninterest expense	$203,000	9,842
Salaries and employee benefits	$94,000	9,838
Premises and equipment expense	$27,000	9,705
Additional noninterest expense	$82,000	9,732
Pre-tax net operating income	$58,000	8,947
Securities gains (losses)	$0	1,956
Applicable income taxes	$29,000	7,645
Income before extraordinary items	$29,000	9,035
Extraordinary gains, net	$0	38
Net income	$29,000	9,033
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$3,000	7,220
Cash dividends	$1,050,000	2,181
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$29,000	9,019
1999-12-31 (YTD Data)		Rank
Total interest income	$1,099,000	9,521
Total interest expense	$424,000	9,598
Net interest income	$675,000	9,340
Provision for loan and lease losses	$65,000	6,026
Total noninterest income	$69,000	9,309
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$44,000	7,982
Trading account gains and fees	NA	NA
Additional Noninterest Income	$25,000	9,055
Total noninterest expense	$409,000	9,859
Salaries and employee benefits	$240,000	9,752
Premises and equipment expense	$49,000	9,658
Additional noninterest expense	$120,000	9,782
Pre-tax net operating income	$270,000	8,253
Securities gains (losses)	$0	3,155
Applicable income taxes	$90,000	7,066
Income before extraordinary items	$180,000	8,433
Extraordinary gains, net	$0	35
Net income	$180,000	8,432
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$144,000	2,922
Cash dividends	$5,000	7,081
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$180,000	8,401
1998-12-31 (YTD Data)		Rank
Total interest income	$1,103,000	9,760
Total interest expense	$426,000	9,853
Net interest income	$677,000	9,543
Provision for loan and lease losses	$0	8,652
Total noninterest income	$53,000	9,805
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$42,000	8,242
Trading account gains and fees	NA	NA
Additional Noninterest Income	$11,000	9,931
Total noninterest expense	$436,000	9,959
Salaries and employee benefits	$270,000	9,779
Premises and equipment expense	$60,000	9,567
Additional noninterest expense	$106,000	10,086
Pre-tax net operating income	$294,000	8,427
Securities gains (losses)	$0	4,449
Applicable income taxes	$98,000	7,562
Income before extraordinary items	$196,000	8,652
Extraordinary gains, net	$0	32
Net income	$196,000	8,651
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,000	7,392
Cash dividends	$25,000	7,195
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$196,000	8,582
1997-12-31 (YTD Data)		Rank
Total interest income	$1,086,000	10,216
Total interest expense	$433,000	10,256
Net interest income	$653,000	10,055
Provision for loan and lease losses	$88,000	5,481
Total noninterest income	$55,000	10,192
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$41,000	8,648
Trading account gains and fees	NA	NA
Additional Noninterest Income	$14,000	10,198
Total noninterest expense	$401,000	10,474
Salaries and employee benefits	$254,000	10,246
Premises and equipment expense	$54,000	10,109
Additional noninterest expense	$93,000	10,590
Pre-tax net operating income	$219,000	9,472
Securities gains (losses)	$0	3,944
Applicable income taxes	$64,000	9,013
Income before extraordinary items	$155,000	9,537
Extraordinary gains, net	$0	44
Net income	$155,000	9,540
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,000	8,223
Cash dividends	$10,000	7,744
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$155,000	9,495
1996-12-31 (YTD Data)		Rank
Total interest income	$1,076,000	10,717
Total interest expense	$433,000	10,793
Net interest income	$643,000	10,536
Provision for loan and lease losses	$0	9,041
Total noninterest income	$59,000	10,697
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$41,000	9,085
Trading account gains and fees	NA	NA
Additional Noninterest Income	$18,000	10,521
Total noninterest expense	$432,000	10,857
Salaries and employee benefits	$262,000	10,641
Premises and equipment expense	$69,000	10,108
Additional noninterest expense	$101,000	11,082
Pre-tax net operating income	$270,000	9,331
Securities gains (losses)	$0	4,148
Applicable income taxes	$85,000	9,017
Income before extraordinary items	$185,000	9,444
Extraordinary gains, net	$0	53
Net income	$185,000	9,445
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-21,000	10,715
Cash dividends	$20,000	8,044
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$185,000	9,383
1995-12-31 (YTD Data)		Rank
Total interest income	$987,000	11,302
Total interest expense	$394,000	11,348
Net interest income	$593,000	11,148
Provision for loan and lease losses	$80,000	5,097
Total noninterest income	$56,000	11,248
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$40,000	9,531
Trading account gains and fees	NA	NA
Additional Noninterest Income	$16,000	11,150
Total noninterest expense	$378,000	11,503
Salaries and employee benefits	$232,000	11,288
Premises and equipment expense	$49,000	11,117
Additional noninterest expense	$97,000	11,635
Pre-tax net operating income	$191,000	10,522
Securities gains (losses)	$0	3,831
Applicable income taxes	$37,000	10,445
Income before extraordinary items	$154,000	10,425
Extraordinary gains, net	$0	65
Net income	$154,000	10,429
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$76,000	4,321
Cash dividends	$15,000	8,467
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$154,000	10,399
1994-12-31 (YTD Data)		Rank
Total interest income	$865,000	11,962
Total interest expense	$299,000	12,040
Net interest income	$566,000	11,816
Provision for loan and lease losses	$0	9,146
Total noninterest income	$55,000	11,823
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$37,000	10,127
Trading account gains and fees	NA	NA
Additional Noninterest Income	$18,000	11,564
Total noninterest expense	$421,000	11,950
Salaries and employee benefits	$231,000	11,831
Premises and equipment expense	$73,000	10,875
Additional noninterest expense	$117,000	12,138
Pre-tax net operating income	$200,000	10,894
Securities gains (losses)	$18,000	1,859
Applicable income taxes	$60,000	10,220
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	$4,000	8,198
Cash dividends	$20,000	8,568
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$145,040	10,940
1993-12-31 (YTD Data)		Rank
Total interest income	$870,000	12,546
Total interest expense	$308,000	12,644
Net interest income	$562,000	12,360
Provision for loan and lease losses	$54,000	7,292
Total noninterest income	$58,000	12,338
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$43,000	10,299
Trading account gains and fees	NA	NA
Additional Noninterest Income	$15,000	12,399
Total noninterest expense	$386,000	12,705
Salaries and employee benefits	$225,000	12,412
Premises and equipment expense	$53,000	12,113
Additional noninterest expense	$108,000	12,867
Pre-tax net operating income	$180,000	11,215
Securities gains (losses)	$1,000	7,052
Applicable income taxes	$50,000	10,946
Income before extraordinary items	$131,000	11,442
Extraordinary gains, net	$0	3,149
Net income	$131,000	11,507
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$47,000	6,165
Cash dividends	$15,000	8,780
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$130,280	11,240
1992-12-31 (YTD Data)		Rank
Total interest income	$974,000	13,068
Total interest expense	$394,000	13,199
Net interest income	$580,000	12,797
Provision for loan and lease losses	$134,000	6,421
Total noninterest income	$50,000	13,106
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$34,000	10,924
Trading account gains and fees	NA	NA
Additional Noninterest Income	$16,000	12,899
Total noninterest expense	$366,000	13,325
Salaries and employee benefits	$208,000	13,070
Premises and equipment expense	$50,000	12,683
Additional noninterest expense	$108,000	13,453
Pre-tax net operating income	$130,000	11,718
Securities gains (losses)	$61,000	3,800
Applicable income taxes	$55,000	11,116
Income before extraordinary items	$136,000	11,459
Extraordinary gains, net	$0	1,422
Net income	$136,000	11,536
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$126,000	5,311
Cash dividends	$15,000	8,575
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$92,690	11,730

* 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.