Home > Valley State Bank of Oslo > Income and Expense

Valley State Bank of Oslo, Income and Expense

2000-12-31 (YTD Data)		Rank
Total interest income	$1,058,000	9,354
Total interest expense	$473,000	9,299
Net interest income	$585,000	9,316
Provision for loan and lease losses	$-48,000	9,758
Total noninterest income	$170,000	7,617
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$55,000	7,510
Trading account gains and fees	NA	NA
Additional Noninterest Income	$115,000	6,102
Total noninterest expense	$548,000	9,263
Salaries and employee benefits	$342,000	9,041
Premises and equipment expense	$60,000	9,173
Additional noninterest expense	$146,000	9,268
Pre-tax net operating income	$255,000	8,098
Securities gains (losses)	$0	1,956
Applicable income taxes	$77,000	6,833
Income before extraordinary items	$178,000	8,211
Extraordinary gains, net	$0	38
Net income	$178,000	8,210
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,000	7,352
Cash dividends	$75,000	6,167
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$178,000	8,215
1999-12-31 (YTD Data)		Rank
Total interest income	$1,032,000	9,591
Total interest expense	$429,000	9,590
Net interest income	$603,000	9,508
Provision for loan and lease losses	$51,000	6,485
Total noninterest income	$192,000	7,590
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$53,000	7,754
Trading account gains and fees	NA	NA
Additional Noninterest Income	$139,000	5,780
Total noninterest expense	$501,000	9,625
Salaries and employee benefits	$337,000	9,269
Premises and equipment expense	$58,000	9,477
Additional noninterest expense	$106,000	9,883
Pre-tax net operating income	$243,000	8,373
Securities gains (losses)	$0	3,155
Applicable income taxes	$81,000	7,184
Income before extraordinary items	$162,000	8,571
Extraordinary gains, net	$0	35
Net income	$162,000	8,570
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$11,000	6,730
Cash dividends	$100,000	6,057
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$162,000	8,530
1998-12-31 (YTD Data)		Rank
Total interest income	$1,070,000	9,788
Total interest expense	$460,000	9,782
Net interest income	$610,000	9,714
Provision for loan and lease losses	$24,000	7,567
Total noninterest income	$199,000	7,585
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$61,000	7,757
Trading account gains and fees	NA	NA
Additional Noninterest Income	$138,000	5,890
Total noninterest expense	$510,000	9,746
Salaries and employee benefits	$330,000	9,423
Premises and equipment expense	$61,000	9,545
Additional noninterest expense	$119,000	9,969
Pre-tax net operating income	$275,000	8,542
Securities gains (losses)	$0	4,449
Applicable income taxes	$97,000	7,577
Income before extraordinary items	$178,000	8,781
Extraordinary gains, net	$0	32
Net income	$178,000	8,780
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$58,000	4,658
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$178,000	8,714
1997-12-31 (YTD Data)		Rank
Total interest income	$1,060,000	10,242
Total interest expense	$439,000	10,245
Net interest income	$621,000	10,138
Provision for loan and lease losses	$67,000	5,992
Total noninterest income	$206,000	7,762
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$42,000	8,616
Trading account gains and fees	NA	NA
Additional Noninterest Income	$164,000	5,461
Total noninterest expense	$490,000	10,162
Salaries and employee benefits	$319,000	9,816
Premises and equipment expense	$59,000	9,970
Additional noninterest expense	$112,000	10,427
Pre-tax net operating income	$270,000	9,177
Securities gains (losses)	$0	3,944
Applicable income taxes	$102,000	8,365
Income before extraordinary items	$168,000	9,419
Extraordinary gains, net	$0	44
Net income	$168,000	9,421
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$33,000	5,811
Cash dividends	$100,000	6,450
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$168,000	9,373
1996-12-31 (YTD Data)		Rank
Total interest income	$957,000	10,878
Total interest expense	$400,000	10,877
Net interest income	$557,000	10,760
Provision for loan and lease losses	$22,000	7,876
Total noninterest income	$266,000	7,375
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$47,000	8,930
Trading account gains and fees	NA	NA
Additional Noninterest Income	$219,000	4,928
Total noninterest expense	$502,000	10,581
Salaries and employee benefits	$334,000	10,083
Premises and equipment expense	$54,000	10,520
Additional noninterest expense	$114,000	10,961
Pre-tax net operating income	$299,000	9,141
Securities gains (losses)	$0	4,148
Applicable income taxes	$110,000	8,579
Income before extraordinary items	$189,000	9,400
Extraordinary gains, net	$0	53
Net income	$189,000	9,402
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$12,000	7,336
Cash dividends	$100,000	6,641
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$189,000	9,346
1995-12-31 (YTD Data)		Rank
Total interest income	$904,000	11,420
Total interest expense	$365,000	11,433
Net interest income	$539,000	11,309
Provision for loan and lease losses	$42,000	6,540
Total noninterest income	$194,000	8,526
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$49,000	9,268
Trading account gains and fees	NA	NA
Additional Noninterest Income	$145,000	6,088
Total noninterest expense	$465,000	11,162
Salaries and employee benefits	$299,000	10,756
Premises and equipment expense	$59,000	10,818
Additional noninterest expense	$107,000	11,549
Pre-tax net operating income	$226,000	10,292
Securities gains (losses)	$0	3,831
Applicable income taxes	$78,000	9,622
Income before extraordinary items	$148,000	10,478
Extraordinary gains, net	$0	65
Net income	$148,000	10,482
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$12,000	7,275
Cash dividends	$85,000	7,107
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$148,000	10,451
1994-12-31 (YTD Data)		Rank
Total interest income	$801,000	12,066
Total interest expense	$291,000	12,066
Net interest income	$510,000	11,971
Provision for loan and lease losses	$16,000	8,030
Total noninterest income	$191,000	8,902
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$50,000	9,692
Trading account gains and fees	NA	NA
Additional Noninterest Income	$141,000	6,387
Total noninterest expense	$513,000	11,545
Salaries and employee benefits	$269,000	11,490
Premises and equipment expense	$63,000	11,198
Additional noninterest expense	$181,000	11,392
Pre-tax net operating income	$172,000	11,107
Securities gains (losses)	$-5,000	9,408
Applicable income taxes	$50,000	10,470
Income before extraordinary items	$117,000	11,195
Extraordinary gains, net	$0	249
Net income	$117,000	11,202
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$52,000	5,032
Cash dividends	$80,000	7,289
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$120,500	11,204
1993-12-31 (YTD Data)		Rank
Total interest income	$841,000	12,590
Total interest expense	$317,000	12,599
Net interest income	$524,000	12,483
Provision for loan and lease losses	$24,000	8,778
Total noninterest income	$154,000	10,123
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$44,000	10,269
Trading account gains and fees	NA	NA
Additional Noninterest Income	$110,000	7,578
Total noninterest expense	$408,000	12,612
Salaries and employee benefits	$258,000	12,095
Premises and equipment expense	$42,000	12,473
Additional noninterest expense	$108,000	12,867
Pre-tax net operating income	$246,000	10,648
Securities gains (losses)	$0	7,477
Applicable income taxes	$85,000	10,101
Income before extraordinary items	$161,000	11,069
Extraordinary gains, net	$0	3,149
Net income	$161,000	11,156
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-2,000	11,050
Cash dividends	$80,000	7,275
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$161,000	10,861
1992-12-31 (YTD Data)		Rank
Total interest income	$977,000	13,063
Total interest expense	$390,000	13,213
Net interest income	$587,000	12,762
Provision for loan and lease losses	$44,000	9,347
Total noninterest income	$125,000	11,046
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$35,000	10,873
Trading account gains and fees	NA	NA
Additional Noninterest Income	$90,000	8,441
Total noninterest expense	$427,000	13,034
Salaries and employee benefits	$269,000	12,371
Premises and equipment expense	$38,000	13,134
Additional noninterest expense	$120,000	13,325
Pre-tax net operating income	$241,000	10,691
Securities gains (losses)	$2,000	7,695
Applicable income taxes	$99,000	9,950
Income before extraordinary items	$144,000	11,361
Extraordinary gains, net	$0	1,422
Net income	$144,000	11,441
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$15,000	9,510
Cash dividends	$80,000	6,992
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$142,720	11,039

* 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.