Home > Bank of Burlington > Income and Expense

Bank of Burlington, Income and Expense

2023-12-31 (YTD Data)Rank
Total interest income$6,518,0003,373
Total interest expense$3,120,0002,566
Net interest income$3,398,0003,781
Provision for loan and lease losses$388,0001,468
Total noninterest income$40,0004,440
Gross Fiduciary activities income$0981
Service charges on deposit accounts$40,0003,944
Trading account gains and feesNANA
Additional Noninterest Income$04,510
Total noninterest expense$5,669,0002,872
Salaries and employee benefits$3,766,0002,619
Premises and equipment expense$910,0002,131
Additional noninterest expense$04,510
Pre-tax net operating income$-2,619,0004,547
Securities gains (losses)$0988
Applicable income taxes$03,369
Income before extraordinary items$-2,619,0004,524
Extraordinary gains, net$054
Net income$-2,619,0004,523
Minority interest net income$088
Net income of bank and minority interests.$-2,619,0004,524
Net charge-offs$02,884
Cash dividends$03,459
Sale, conversion, retirement of capital stock, net$0540
Net operating income$-2,619,0004,535
2023-09-30 (YTD Data)Rank
Total interest income$4,511,0003,455
Total interest expense$2,149,0002,565
Net interest income$2,362,0003,868
Provision for loan and lease losses$198,0001,671
Total noninterest income$28,0004,467
Gross Fiduciary activities income$0950
Service charges on deposit accounts$27,0004,007
Trading account gains and feesNANA
Additional Noninterest Income$1,0004,488
Total noninterest expense$4,217,0002,867
Salaries and employee benefits$2,746,0002,649
Premises and equipment expense$689,0002,130
Additional noninterest expense$1,0004,524
Pre-tax net operating income$-2,025,0004,540
Securities gains (losses)$0849
Applicable income taxes$03,407
Income before extraordinary items$-2,025,0004,563
Extraordinary gains, net$052
Net income$-2,025,0004,561
Minority interest net income$081
Net income of bank and minority interests.$-2,025,0004,563
Net charge-offs$02,641
Cash dividends$03,078
Sale, conversion, retirement of capital stock, net$0507
Net operating income$-2,025,0004,569
2023-06-30 (YTD Data)Rank
Total interest income$2,709,0003,566
Total interest expense$1,285,0002,539
Net interest income$1,424,0003,995
Provision for loan and lease losses$130,0001,654
Total noninterest income$17,0004,505
Gross Fiduciary activities income$0931
Service charges on deposit accounts$16,0004,067
Trading account gains and feesNANA
Additional Noninterest Income$1,0004,550
Total noninterest expense$2,803,0002,877
Salaries and employee benefits$1,757,0002,706
Premises and equipment expense$470,0002,095
Additional noninterest expense$1,0004,553
Pre-tax net operating income$-1,492,0004,580
Securities gains (losses)$0938
Applicable income taxes$03,436
Income before extraordinary items$-1,492,0004,602
Extraordinary gains, net$051
Net income$-1,492,0004,600
Minority interest net income$081
Net income of bank and minority interests.$-1,492,0004,601
Net charge-offs$02,431
Cash dividends$02,952
Sale, conversion, retirement of capital stock, net$0486
Net operating income$-1,492,0004,604
2023-03-31 (YTD Data)Rank
Total interest income$1,178,0003,730
Total interest expense$577,0002,472
Net interest income$601,0004,143
Provision for loan and lease losses$147,0001,081
Total noninterest income$6,0004,590
Gross Fiduciary activities income$0913
Service charges on deposit accounts$5,0004,259
Trading account gains and feesNANA
Additional Noninterest Income$1,0004,554
Total noninterest expense$1,367,0002,934
Salaries and employee benefits$934,0002,646
Premises and equipment expense$216,0002,244
Additional noninterest expense$1,0004,554
Pre-tax net operating income$-907,0004,639
Securities gains (losses)$0950
Applicable income taxes$03,388
Income before extraordinary items$-907,0004,620
Extraordinary gains, net$04
Net income$-907,0004,619
Minority interest net income$048
Net income of bank and minority interests.$-907,0004,620
Net charge-offs$02,062
Cash dividends$02,337
Sale, conversion, retirement of capital stock, net$0430
Net operating income$-907,0004,630
2022-12-31 (YTD Data)Rank
Total interest income$704,0004,607
Total interest expense$203,0004,037
Net interest income$501,0004,629
Provision for loan and lease losses$224,0001,736
Total noninterest income$1,0004,673
Gross Fiduciary activities income$01,005
Service charges on deposit accounts$1,0004,524
Trading account gains and feesNANA
Additional Noninterest Income$04,616
Total noninterest expense$1,745,0004,239
Salaries and employee benefits$1,102,0004,113
Premises and equipment expense$362,0003,428
Additional noninterest expense$04,616
Pre-tax net operating income$-1,467,0004,663
Securities gains (losses)$0691
Applicable income taxes$-293,0004,639
Income before extraordinary items$-1,174,0004,635
Extraordinary gains, net$05
Net income$-1,174,0004,634
Minority interest net income$063
Net income of bank and minority interests.$-1,174,0004,635
Net charge-offs$02,620
Cash dividends$03,475
Sale, conversion, retirement of capital stock, net$31,094,00032
Net operating income$-1,174,0004,643
2022-09-30 (YTD Data)Rank
Total interest income$158,0004,702
Total interest expense$2,0004,683
Net interest income$156,0004,699
Provision for loan and lease losses$76,0002,062
Total noninterest income$04,711
Gross Fiduciary activities income$0968
Service charges on deposit accounts$04,582
Trading account gains and feesNANA
Additional Noninterest Income$04,654
Total noninterest expense$594,0004,631
Salaries and employee benefits$332,0004,606
Premises and equipment expense$151,0004,038
Additional noninterest expense$04,654
Pre-tax net operating income$-514,0004,691
Securities gains (losses)$0740
Applicable income taxes$-149,0004,667
Income before extraordinary items$-365,0004,646
Extraordinary gains, net$04
Net income$-365,0004,645
Minority interest net income$057
Net income of bank and minority interests.$-365,0004,645
Net charge-offs$02,349
Cash dividends$03,099
Sale, conversion, retirement of capital stock, net$31,112,00027
Net operating income$-365,0004,665

* 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.