Home > Watauga State Bank > Income and Expense
Watauga State Bank, Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,824,000 | 11,250 |
| Total interest expense | $825,000 | 11,212 |
| Net interest income | $999,000 | 11,108 |
| Provision for loan and lease losses | $80,000 | 7,886 |
| Total noninterest income | $707,000 | 4,384 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $662,000 | 2,054 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $45,000 | 10,722 |
| Total noninterest expense | $1,181,000 | 9,131 |
| Salaries and employee benefits | $603,000 | 8,780 |
| Premises and equipment expense | $94,000 | 10,953 |
| Additional noninterest expense | $484,000 | 8,610 |
| Pre-tax net operating income | $445,000 | 8,845 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $149,000 | 8,642 |
| Income before extraordinary items | $296,000 | 9,387 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $296,000 | 9,520 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $95,000 | 6,045 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $296,000 | 8,988 |
* 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.