Home > Verdugo Banking Company > Income and Expense
Verdugo Banking Company, Income and Expense
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $4,932,000 | 2,936 |
| Total interest expense | $851,000 | 4,735 |
| Net interest income | $4,081,000 | 2,382 |
| Provision for loan and lease losses | $360,000 | 1,536 |
| Total noninterest income | $300,000 | 4,985 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $267,000 | 2,912 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $33,000 | 7,207 |
| Total noninterest expense | $2,310,000 | 3,263 |
| Salaries and employee benefits | $1,117,000 | 3,566 |
| Premises and equipment expense | $315,000 | 3,350 |
| Additional noninterest expense | $878,000 | 2,669 |
| Pre-tax net operating income | $1,711,000 | 2,339 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $701,000 | 1,819 |
| Income before extraordinary items | $1,010,000 | 2,955 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $1,010,000 | 2,954 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-16,000 | 8,704 |
| Cash dividends | $0 | 5,215 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $1,010,000 | 2,800 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $2,432,000 | 2,984 |
| Total interest expense | $422,000 | 4,876 |
| Net interest income | $2,010,000 | 2,416 |
| Provision for loan and lease losses | $180,000 | 1,475 |
| Total noninterest income | $155,000 | 4,810 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $141,000 | 2,710 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $14,000 | 7,447 |
| Total noninterest expense | $1,171,000 | 3,227 |
| Salaries and employee benefits | $579,000 | 3,466 |
| Premises and equipment expense | $147,000 | 3,538 |
| Additional noninterest expense | $445,000 | 2,590 |
| Pre-tax net operating income | $814,000 | 2,433 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $331,000 | 1,914 |
| Income before extraordinary items | $483,000 | 3,028 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $483,000 | 3,026 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-20,000 | 8,858 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $483,000 | 2,886 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $9,171,000 | 3,248 |
| Total interest expense | $1,965,000 | 4,845 |
| Net interest income | $7,206,000 | 2,648 |
| Provision for loan and lease losses | $485,000 | 2,422 |
| Total noninterest income | $362,000 | 6,024 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $248,000 | 4,716 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $114,000 | 6,167 |
| Total noninterest expense | $4,631,000 | 3,142 |
| Salaries and employee benefits | $2,244,000 | 3,402 |
| Premises and equipment expense | $593,000 | 3,445 |
| Additional noninterest expense | $1,794,000 | 2,549 |
| Pre-tax net operating income | $2,452,000 | 2,924 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $885,000 | 2,412 |
| Income before extraordinary items | $1,567,000 | 3,386 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $1,567,000 | 3,385 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $289,000 | 2,430 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $767,000 | 417 |
| Net operating income | $1,567,000 | 3,276 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $9,946,000 | 3,323 |
| Total interest expense | $2,962,000 | 4,784 |
| Net interest income | $6,984,000 | 2,559 |
| Provision for loan and lease losses | $350,000 | 2,901 |
| Total noninterest income | $273,000 | 6,644 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $214,000 | 5,012 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $59,000 | 7,428 |
| Total noninterest expense | $4,335,000 | 3,195 |
| Salaries and employee benefits | $2,002,000 | 3,588 |
| Premises and equipment expense | $577,000 | 3,480 |
| Additional noninterest expense | $1,756,000 | 2,528 |
| Pre-tax net operating income | $2,572,000 | 2,609 |
| Securities gains (losses) | $2,000 | 4,242 |
| Applicable income taxes | $1,064,000 | 1,984 |
| Income before extraordinary items | $1,510,000 | 3,206 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,510,000 | 3,211 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $189,000 | 2,957 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $11,000 | 838 |
| Net operating income | $1,508,720 | 3,112 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $9,936,000 | 3,412 |
| Total interest expense | $2,537,000 | 5,506 |
| Net interest income | $7,399,000 | 2,398 |
| Provision for loan and lease losses | $1,118,000 | 974 |
| Total noninterest income | $222,000 | 7,052 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $119,000 | 6,240 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $103,000 | 6,363 |
| Total noninterest expense | $4,180,000 | 3,213 |
| Salaries and employee benefits | $1,764,000 | 3,837 |
| Premises and equipment expense | $563,000 | 3,447 |
| Additional noninterest expense | $1,853,000 | 2,317 |
| Pre-tax net operating income | $2,323,000 | 2,947 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $913,000 | 2,291 |
| Income before extraordinary items | $1,410,000 | 3,413 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $1,410,000 | 3,411 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $857,000 | 840 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $129,000 | 685 |
| Net operating income | $1,410,000 | 3,404 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $7,674,000 | 4,084 |
| Total interest expense | $1,774,000 | 6,404 |
| Net interest income | $5,900,000 | 2,971 |
| Provision for loan and lease losses | $318,000 | 2,534 |
| Total noninterest income | $292,000 | 6,519 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $207,000 | 5,038 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $85,000 | 7,013 |
| Total noninterest expense | $3,701,000 | 3,548 |
| Salaries and employee benefits | $1,573,000 | 4,170 |
| Premises and equipment expense | $546,000 | 3,513 |
| Additional noninterest expense | $1,582,000 | 2,742 |
| Pre-tax net operating income | $2,173,000 | 3,128 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $894,000 | 2,407 |
| Income before extraordinary items | $1,279,000 | 3,679 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,279,000 | 3,680 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $44,000 | 5,056 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,279,000 | 3,643 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $6,578,000 | 4,630 |
| Total interest expense | $1,652,000 | 6,865 |
| Net interest income | $4,926,000 | 3,448 |
| Provision for loan and lease losses | $400,000 | 2,051 |
| Total noninterest income | $440,000 | 5,325 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $209,000 | 5,029 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $231,000 | 4,605 |
| Total noninterest expense | $3,306,000 | 3,788 |
| Salaries and employee benefits | $1,413,000 | 4,467 |
| Premises and equipment expense | $385,000 | 4,564 |
| Additional noninterest expense | $1,508,000 | 2,757 |
| Pre-tax net operating income | $1,660,000 | 3,876 |
| Securities gains (losses) | $1,000 | 4,151 |
| Applicable income taxes | $647,000 | 3,211 |
| Income before extraordinary items | $1,014,000 | 4,466 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,014,000 | 4,465 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $278,000 | 1,969 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $-272,000 | 10,370 |
| Net operating income | $1,013,360 | 4,373 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $5,610,000 | 5,325 |
| Total interest expense | $1,204,000 | 8,102 |
| Net interest income | $4,406,000 | 3,876 |
| Provision for loan and lease losses | $484,000 | 1,822 |
| Total noninterest income | $225,000 | 7,521 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $173,000 | 5,777 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $52,000 | 8,342 |
| Total noninterest expense | $2,729,000 | 4,440 |
| Salaries and employee benefits | $1,216,000 | 5,032 |
| Premises and equipment expense | $480,000 | 3,846 |
| Additional noninterest expense | $1,033,000 | 3,784 |
| Pre-tax net operating income | $1,418,000 | 4,683 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $566,000 | 3,849 |
| Income before extraordinary items | $852,000 | 5,246 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $852,000 | 5,248 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $282,000 | 2,036 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $180,000 | 691 |
| Net operating income | $852,000 | 5,191 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $4,486,000 | 6,416 |
| Total interest expense | $1,014,000 | 8,955 |
| Net interest income | $3,472,000 | 4,854 |
| Provision for loan and lease losses | $218,000 | 3,232 |
| Total noninterest income | $214,000 | 8,035 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $173,000 | 6,058 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $41,000 | 9,308 |
| Total noninterest expense | $2,461,000 | 5,070 |
| Salaries and employee benefits | $1,100,000 | 5,583 |
| Premises and equipment expense | $510,000 | 3,724 |
| Additional noninterest expense | $851,000 | 4,953 |
| Pre-tax net operating income | $1,007,000 | 5,713 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $384,000 | 5,020 |
| Income before extraordinary items | $623,000 | 6,132 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $623,000 | 6,135 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $70,000 | 4,641 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $68,000 | 690 |
| Net operating income | $623,000 | 6,079 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $4,035,000 | 6,948 |
| Total interest expense | $858,000 | 9,770 |
| Net interest income | $3,177,000 | 5,246 |
| Provision for loan and lease losses | $325,000 | 2,159 |
| Total noninterest income | $216,000 | 8,182 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $174,000 | 6,184 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $42,000 | 9,621 |
| Total noninterest expense | $2,146,000 | 5,686 |
| Salaries and employee benefits | $946,000 | 6,312 |
| Premises and equipment expense | $437,000 | 4,211 |
| Additional noninterest expense | $763,000 | 5,450 |
| Pre-tax net operating income | $922,000 | 6,314 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $256,000 | 6,556 |
| Income before extraordinary items | $666,000 | 6,198 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $666,000 | 6,196 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $59,000 | 4,829 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $42,000 | 661 |
| Net operating income | $666,000 | 6,179 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,000,000 | 8,041 |
| Total interest expense | $542,000 | 10,900 |
| Net interest income | $2,458,000 | 6,562 |
| Provision for loan and lease losses | $326,000 | 2,130 |
| Total noninterest income | $182,000 | 9,061 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $134,000 | 7,250 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $48,000 | 9,719 |
| Total noninterest expense | $1,848,000 | 6,572 |
| Salaries and employee benefits | $704,000 | 7,849 |
| Premises and equipment expense | $424,000 | 4,371 |
| Additional noninterest expense | $720,000 | 6,184 |
| Pre-tax net operating income | $466,000 | 8,884 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $8,000 | 11,420 |
| Income before extraordinary items | $458,000 | 7,630 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $458,000 | 7,639 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $223,000 | 2,319 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $458,000 | 7,685 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,292,000 | 9,598 |
| Total interest expense | $470,000 | 11,831 |
| Net interest income | $1,822,000 | 8,184 |
| Provision for loan and lease losses | $195,000 | 3,979 |
| Total noninterest income | $129,000 | 10,649 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $98,000 | 8,433 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $31,000 | 11,240 |
| Total noninterest expense | $1,622,000 | 7,436 |
| Salaries and employee benefits | $617,000 | 8,657 |
| Premises and equipment expense | $423,000 | 4,485 |
| Additional noninterest expense | $582,000 | 7,499 |
| Pre-tax net operating income | $134,000 | 11,602 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $1,000 | 12,075 |
| Income before extraordinary items | $133,000 | 11,420 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $133,000 | 11,488 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $50,000 | 6,048 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $2,000 | 1,203 |
| Net operating income | $133,000 | 11,210 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,544,000 | 11,853 |
| Total interest expense | $457,000 | 12,936 |
| Net interest income | $1,087,000 | 10,746 |
| Provision for loan and lease losses | $195,000 | 5,287 |
| Total noninterest income | $53,000 | 13,040 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $39,000 | 10,736 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $14,000 | 13,064 |
| Total noninterest expense | $1,442,000 | 8,126 |
| Salaries and employee benefits | $545,000 | 9,320 |
| Premises and equipment expense | $424,000 | 4,577 |
| Additional noninterest expense | $473,000 | 8,717 |
| Pre-tax net operating income | $-497,000 | 13,292 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $3,000 | 12,573 |
| Income before extraordinary items | $-500,000 | 13,381 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-500,000 | 13,378 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 11,197 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-500,000 | 13,276 |
* 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.