Home > Valley State Bank > Income and Expense
Valley State Bank, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $14,966,000 | 2,281 |
| Total interest expense | $8,539,000 | 1,903 |
| Net interest income | $6,427,000 | 2,763 |
| Provision for loan and lease losses | $1,191,000 | 1,100 |
| Total noninterest income | $2,899,000 | 1,519 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $415,000 | 3,286 |
| Trading account gains and fees | $-48,000 | 9,571 |
| Additional Noninterest Income | $2,532,000 | 1,061 |
| Total noninterest expense | $5,991,000 | 2,382 |
| Salaries and employee benefits | $3,506,000 | 2,146 |
| Premises and equipment expense | $650,000 | 3,137 |
| Additional noninterest expense | $1,835,000 | 2,428 |
| Pre-tax net operating income | $2,144,000 | 3,017 |
| Securities gains (losses) | $120,000 | 1,604 |
| Applicable income taxes | $563,000 | 3,091 |
| Income before extraordinary items | $1,701,000 | 2,931 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,701,000 | 2,934 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $684,000 | 1,236 |
| Cash dividends | $287,000 | 4,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $1,611,000 | 2,959 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $12,783,000 | 2,723 |
| Total interest expense | $7,824,000 | 2,176 |
| Net interest income | $4,959,000 | 3,499 |
| Provision for loan and lease losses | $350,000 | 2,565 |
| Total noninterest income | $1,247,000 | 2,683 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $393,000 | 3,291 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $854,000 | 2,068 |
| Total noninterest expense | $3,967,000 | 3,356 |
| Salaries and employee benefits | $2,053,000 | 3,386 |
| Premises and equipment expense | $423,000 | 4,328 |
| Additional noninterest expense | $1,491,000 | 2,842 |
| Pre-tax net operating income | $1,889,000 | 3,462 |
| Securities gains (losses) | $-100,000 | 9,412 |
| Applicable income taxes | $437,000 | 3,797 |
| Income before extraordinary items | $1,352,000 | 3,523 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $1,352,000 | 3,523 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $76,000 | 4,048 |
| Cash dividends | $379,000 | 4,066 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $1,428,000 | 3,373 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $9,520,000 | 3,371 |
| Total interest expense | $5,193,000 | 2,808 |
| Net interest income | $4,327,000 | 3,908 |
| Provision for loan and lease losses | $486,000 | 1,807 |
| Total noninterest income | $1,275,000 | 2,582 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $341,000 | 3,626 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $934,000 | 1,958 |
| Total noninterest expense | $3,579,000 | 3,647 |
| Salaries and employee benefits | $1,904,000 | 3,589 |
| Premises and equipment expense | $363,000 | 4,845 |
| Additional noninterest expense | $1,312,000 | 3,194 |
| Pre-tax net operating income | $1,537,000 | 4,022 |
| Securities gains (losses) | $-38,000 | 9,727 |
| Applicable income taxes | $298,000 | 4,836 |
| Income before extraordinary items | $1,201,000 | 3,880 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,201,000 | 3,881 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $138,000 | 2,985 |
| Cash dividends | $280,000 | 4,672 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,231,400 | 3,764 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $6,108,000 | 4,935 |
| Total interest expense | $3,501,000 | 4,127 |
| Net interest income | $2,607,000 | 5,682 |
| Provision for loan and lease losses | $168,000 | 3,936 |
| Total noninterest income | $1,136,000 | 2,810 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $269,000 | 4,266 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $867,000 | 2,053 |
| Total noninterest expense | $2,267,000 | 5,104 |
| Salaries and employee benefits | $1,393,000 | 4,515 |
| Premises and equipment expense | $262,000 | 5,799 |
| Additional noninterest expense | $612,000 | 5,673 |
| Pre-tax net operating income | $1,308,000 | 4,591 |
| Securities gains (losses) | $11,000 | 2,878 |
| Applicable income taxes | $317,000 | 5,028 |
| Income before extraordinary items | $1,002,000 | 4,521 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,002,000 | 4,520 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $149,000 | 2,932 |
| Cash dividends | $96,000 | 6,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $993,640 | 4,445 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $4,706,000 | 6,041 |
| Total interest expense | $2,657,000 | 5,171 |
| Net interest income | $2,049,000 | 6,818 |
| Provision for loan and lease losses | $82,000 | 5,614 |
| Total noninterest income | $423,000 | 5,546 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $198,000 | 5,361 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $225,000 | 4,675 |
| Total noninterest expense | $1,465,000 | 6,881 |
| Salaries and employee benefits | $814,000 | 6,710 |
| Premises and equipment expense | $185,000 | 7,111 |
| Additional noninterest expense | $466,000 | 6,790 |
| Pre-tax net operating income | $925,000 | 6,067 |
| Securities gains (losses) | $7,000 | 2,566 |
| Applicable income taxes | $278,000 | 5,939 |
| Income before extraordinary items | $654,000 | 6,093 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $654,000 | 6,094 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $40,000 | 5,500 |
| Cash dividends | $97,000 | 6,598 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $649,100 | 6,077 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $3,486,000 | 7,414 |
| Total interest expense | $1,958,000 | 6,494 |
| Net interest income | $1,528,000 | 8,201 |
| Provision for loan and lease losses | $231,000 | 3,108 |
| Total noninterest income | $353,000 | 6,405 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $157,000 | 6,347 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $196,000 | 5,222 |
| Total noninterest expense | $1,285,000 | 7,703 |
| Salaries and employee benefits | $675,000 | 7,681 |
| Premises and equipment expense | $173,000 | 7,570 |
| Additional noninterest expense | $437,000 | 7,571 |
| Pre-tax net operating income | $365,000 | 8,721 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $113,000 | 8,521 |
| Income before extraordinary items | $252,000 | 8,817 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $252,000 | 8,818 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $11,000 | 7,424 |
| Cash dividends | $27,000 | 7,941 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $252,000 | 8,752 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $2,280,000 | 9,285 |
| Total interest expense | $1,281,000 | 8,343 |
| Net interest income | $999,000 | 9,948 |
| Provision for loan and lease losses | $141,000 | 3,765 |
| Total noninterest income | $219,000 | 8,134 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $102,000 | 7,748 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $117,000 | 6,722 |
| Total noninterest expense | $879,000 | 9,440 |
| Salaries and employee benefits | $403,000 | 9,924 |
| Premises and equipment expense | $136,000 | 8,625 |
| Additional noninterest expense | $340,000 | 8,794 |
| Pre-tax net operating income | $198,000 | 10,473 |
| Securities gains (losses) | $-2,000 | 9,253 |
| Applicable income taxes | $45,000 | 10,268 |
| Income before extraordinary items | $151,000 | 10,455 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $151,000 | 10,459 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $24,000 | 6,354 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $152,540 | 10,419 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $1,062,000 | 11,591 |
| Total interest expense | $571,000 | 10,736 |
| Net interest income | $491,000 | 12,028 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $92,000 | 10,935 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $45,000 | 9,872 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $47,000 | 9,769 |
| Total noninterest expense | $524,000 | 11,481 |
| Salaries and employee benefits | $208,000 | 12,010 |
| Premises and equipment expense | $103,000 | 9,932 |
| Additional noninterest expense | $213,000 | 10,985 |
| Pre-tax net operating income | $59,000 | 11,866 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $0 | 11,630 |
| Income before extraordinary items | $59,000 | 11,738 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $59,000 | 11,746 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,000 | 8,352 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $59,000 | 11,785 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $177,000 | 13,231 |
| Total interest expense | $81,000 | 13,189 |
| Net interest income | $96,000 | 13,204 |
| Provision for loan and lease losses | $75,000 | 6,449 |
| Total noninterest income | $16,000 | 13,103 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $4,000 | 11,285 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $12,000 | 12,609 |
| Total noninterest expense | $190,000 | 13,190 |
| Salaries and employee benefits | $73,000 | 13,227 |
| Premises and equipment expense | $32,000 | 12,790 |
| Additional noninterest expense | $85,000 | 13,057 |
| Pre-tax net operating income | $-153,000 | 12,649 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $-153,000 | 12,711 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-153,000 | 12,728 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 9,922 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $2,450,000 | 317 |
| Net operating income | $-153,000 | 12,626 |
* 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.