Home > Western Colorado Bank > Income and Expense

Western Colorado Bank, Income and Expense

1998-12-31 (YTD Data)		Rank
Total interest income	$201,000	10,356
Total interest expense	$72,000	10,325
Net interest income	$129,000	10,357
Provision for loan and lease losses	$0	8,652
Total noninterest income	$22,000	10,189
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$13,000	8,835
Trading account gains and fees	NA	NA
Additional Noninterest Income	$9,000	10,010
Total noninterest expense	$98,000	10,434
Salaries and employee benefits	$47,000	10,428
Premises and equipment expense	$11,000	10,387
Additional noninterest expense	$40,000	10,410
Pre-tax net operating income	$53,000	9,606
Securities gains (losses)	$0	4,449
Applicable income taxes	$0	9,340
Income before extraordinary items	$53,000	9,612
Extraordinary gains, net	$0	32
Net income	$53,000	9,611
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$60,000	4,589
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$53,000	9,549
1997-12-31 (YTD Data)		Rank
Total interest income	$3,142,000	7,583
Total interest expense	$1,285,000	7,886
Net interest income	$1,857,000	7,201
Provision for loan and lease losses	$164,000	3,946
Total noninterest income	$365,000	6,038
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$270,000	4,401
Trading account gains and fees	NA	NA
Additional Noninterest Income	$95,000	6,917
Total noninterest expense	$1,557,000	6,646
Salaries and employee benefits	$797,000	6,800
Premises and equipment expense	$246,000	6,116
Additional noninterest expense	$514,000	6,392
Pre-tax net operating income	$501,000	7,910
Securities gains (losses)	$0	3,944
Applicable income taxes	$159,000	7,472
Income before extraordinary items	$342,000	8,060
Extraordinary gains, net	$0	44
Net income	$342,000	8,063
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$83,000	4,171
Cash dividends	$0	7,871
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$342,000	8,011
1996-12-31 (YTD Data)		Rank
Total interest income	$2,640,000	8,507
Total interest expense	$1,087,000	8,735
Net interest income	$1,553,000	8,141
Provision for loan and lease losses	$51,000	6,537
Total noninterest income	$232,000	7,822
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$197,000	5,613
Trading account gains and fees	NA	NA
Additional Noninterest Income	$35,000	9,600
Total noninterest expense	$1,433,000	7,302
Salaries and employee benefits	$724,000	7,376
Premises and equipment expense	$224,000	6,629
Additional noninterest expense	$485,000	7,178
Pre-tax net operating income	$301,000	9,129
Securities gains (losses)	$0	4,148
Applicable income taxes	$91,000	8,903
Income before extraordinary items	$210,000	9,200
Extraordinary gains, net	$0	53
Net income	$210,000	9,203
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$8,000	7,694
Cash dividends	$33,000	7,812
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$210,000	9,148
1995-12-31 (YTD Data)		Rank
Total interest income	$1,885,000	9,906
Total interest expense	$796,000	9,962
Net interest income	$1,089,000	9,655
Provision for loan and lease losses	$0	8,958
Total noninterest income	$170,000	8,962
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$153,000	6,605
Trading account gains and fees	NA	NA
Additional Noninterest Income	$17,000	11,076
Total noninterest expense	$1,173,000	8,301
Salaries and employee benefits	$554,000	8,685
Premises and equipment expense	$134,000	8,673
Additional noninterest expense	$487,000	7,372
Pre-tax net operating income	$84,000	11,172
Securities gains (losses)	$-1,000	9,017
Applicable income taxes	$20,000	10,754
Income before extraordinary items	$63,000	11,214
Extraordinary gains, net	$0	65
Net income	$63,000	11,213
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$12,000	7,275
Cash dividends	$36,000	8,073
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$63,760	11,181
1994-12-31 (YTD Data)		Rank
Total interest income	$1,479,000	10,772
Total interest expense	$487,000	11,157
Net interest income	$992,000	10,416
Provision for loan and lease losses	$0	9,146
Total noninterest income	$157,000	9,573
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$133,000	7,276
Trading account gains and fees	NA	NA
Additional Noninterest Income	$24,000	11,176
Total noninterest expense	$709,000	10,655
Salaries and employee benefits	$365,000	10,598
Premises and equipment expense	$67,000	11,063
Additional noninterest expense	$277,000	10,219
Pre-tax net operating income	$440,000	9,061
Securities gains (losses)	$-29,000	10,630
Applicable income taxes	$138,000	8,551
Income before extraordinary items	$273,000	9,453
Extraordinary gains, net	$0	249
Net income	$273,000	9,459
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,000	8,198
Cash dividends	$29,000	8,415
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$292,140	9,297
1993-12-31 (YTD Data)		Rank
Total interest income	$1,415,000	11,413
Total interest expense	$463,000	11,871
Net interest income	$952,000	10,947
Provision for loan and lease losses	$50,000	7,415
Total noninterest income	$157,000	10,081
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$125,000	7,720
Trading account gains and fees	NA	NA
Additional Noninterest Income	$32,000	11,170
Total noninterest expense	$699,000	11,177
Salaries and employee benefits	$307,000	11,577
Premises and equipment expense	$60,000	11,855
Additional noninterest expense	$332,000	10,050
Pre-tax net operating income	$360,000	9,729
Securities gains (losses)	$1,000	7,052
Applicable income taxes	$110,000	9,512
Income before extraordinary items	$251,000	10,031
Extraordinary gains, net	$0	3,149
Net income	$251,000	10,168
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-11,000	11,785
Cash dividends	$25,000	8,549
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$250,300	9,792
1992-12-31 (YTD Data)		Rank
Total interest income	$1,178,000	12,647
Total interest expense	$520,000	12,677
Net interest income	$658,000	12,483
Provision for loan and lease losses	$14,000	10,934
Total noninterest income	$165,000	10,157
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$69,000	9,583
Trading account gains and fees	NA	NA
Additional Noninterest Income	$96,000	8,213
Total noninterest expense	$648,000	11,786
Salaries and employee benefits	$281,000	12,237
Premises and equipment expense	$75,000	11,682
Additional noninterest expense	$292,000	10,946
Pre-tax net operating income	$161,000	11,414
Securities gains (losses)	$0	8,369
Applicable income taxes	$58,000	11,037
Income before extraordinary items	$103,000	11,896
Extraordinary gains, net	$0	1,422
Net income	$103,000	11,969
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,000	11,020
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$103,000	11,599

* 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.