Home > Valley Bank > Income and Expense
Valley Bank, Income and Expense
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $1,131,000 | 8,741 |
| Total interest expense | $199,000 | 9,068 |
| Net interest income | $932,000 | 8,375 |
| Provision for loan and lease losses | $60,000 | 6,444 |
| Total noninterest income | $73,000 | 8,717 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $48,000 | 7,564 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $25,000 | 8,373 |
| Total noninterest expense | $891,000 | 8,170 |
| Salaries and employee benefits | $421,000 | 8,436 |
| Premises and equipment expense | $135,000 | 7,649 |
| Additional noninterest expense | $335,000 | 7,552 |
| Pre-tax net operating income | $54,000 | 8,458 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $17,000 | 7,121 |
| Income before extraordinary items | $37,000 | 8,600 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $37,000 | 8,603 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 7,632 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $37,000 | 8,518 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $1,118,000 | 9,061 |
| Total interest expense | $361,000 | 9,209 |
| Net interest income | $757,000 | 8,757 |
| Provision for loan and lease losses | $32,000 | 7,179 |
| Total noninterest income | $67,000 | 8,951 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $32,000 | 7,942 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $35,000 | 8,190 |
| Total noninterest expense | $709,000 | 8,666 |
| Salaries and employee benefits | $322,000 | 8,970 |
| Premises and equipment expense | $157,000 | 7,410 |
| Additional noninterest expense | $230,000 | 8,414 |
| Pre-tax net operating income | $83,000 | 8,409 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $27,000 | 7,147 |
| Income before extraordinary items | $56,000 | 8,578 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $56,000 | 8,576 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,000 | 7,344 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $56,000 | 8,484 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $843,000 | 9,510 |
| Total interest expense | $281,000 | 9,559 |
| Net interest income | $562,000 | 9,346 |
| Provision for loan and lease losses | $63,000 | 6,132 |
| Total noninterest income | $16,000 | 9,705 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $10,000 | 8,417 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $6,000 | 9,605 |
| Total noninterest expense | $658,000 | 8,941 |
| Salaries and employee benefits | $295,000 | 9,282 |
| Premises and equipment expense | $149,000 | 7,613 |
| Additional noninterest expense | $214,000 | 8,654 |
| Pre-tax net operating income | $-143,000 | 9,285 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $-50,000 | 9,486 |
| Income before extraordinary items | $-93,000 | 9,260 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $-93,000 | 9,259 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 7,622 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $-93,000 | 9,256 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $383,000 | 10,031 |
| Total interest expense | $46,000 | 10,106 |
| Net interest income | $337,000 | 9,912 |
| Provision for loan and lease losses | $62,000 | 6,096 |
| Total noninterest income | $5,000 | 10,104 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $3,000 | 8,790 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $2,000 | 10,068 |
| Total noninterest expense | $469,000 | 9,719 |
| Salaries and employee benefits | $236,000 | 9,768 |
| Premises and equipment expense | $110,000 | 8,434 |
| Additional noninterest expense | $123,000 | 9,760 |
| Pre-tax net operating income | $-189,000 | 9,616 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $-64,000 | 9,861 |
| Income before extraordinary items | $-125,000 | 9,598 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $-125,000 | 9,596 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 7,897 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $4,025,000 | 297 |
| Net operating income | $-125,000 | 9,576 |
* 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.