Home > Infinity Bank > Income and Expense

Infinity Bank, Income and Expense

2023-12-31 (YTD Data)Rank
Total interest income$19,827,0001,897
Total interest expense$3,901,0002,307
Net interest income$15,926,0001,726
Provision for loan and lease losses$1,812,000581
Total noninterest income$393,0003,598
Gross Fiduciary activities income$0981
Service charges on deposit accounts$201,0002,667
Trading account gains and fees$0123
Additional Noninterest Income$192,0003,692
Total noninterest expense$8,650,0002,213
Salaries and employee benefits$6,239,0001,910
Premises and equipment expense$413,0003,206
Additional noninterest expense$192,0003,692
Pre-tax net operating income$5,857,0001,746
Securities gains (losses)$0988
Applicable income taxes$1,682,0001,093
Income before extraordinary items$4,175,0001,939
Extraordinary gains, net$054
Net income$4,175,0001,962
Minority interest net income$088
Net income of bank and minority interests.$4,175,0001,942
Net charge-offs$1,123,000504
Cash dividends$293,0003,049
Sale, conversion, retirement of capital stock, net$932,000197
Net operating income$4,175,0001,970
2023-09-30 (YTD Data)Rank
Total interest income$14,929,0001,862
Total interest expense$2,811,0002,231
Net interest income$12,118,0001,712
Provision for loan and lease losses$560,000938
Total noninterest income$266,0003,673
Gross Fiduciary activities income$0950
Service charges on deposit accounts$153,0002,672
Trading account gains and fees$0125
Additional Noninterest Income$113,0003,820
Total noninterest expense$6,588,0002,194
Salaries and employee benefits$4,735,0001,902
Premises and equipment expense$369,0002,984
Additional noninterest expense$113,0003,818
Pre-tax net operating income$5,236,0001,595
Securities gains (losses)$0849
Applicable income taxes$1,542,000992
Income before extraordinary items$3,694,0001,810
Extraordinary gains, net$052
Net income$3,694,0001,827
Minority interest net income$081
Net income of bank and minority interests.$3,694,0001,810
Net charge-offs$377,000658
Cash dividends$43,0003,012
Sale, conversion, retirement of capital stock, net$945,000169
Net operating income$3,694,0001,834
2023-06-30 (YTD Data)Rank
Total interest income$9,793,0001,857
Total interest expense$1,667,0002,219
Net interest income$8,126,0001,721
Provision for loan and lease losses$270,0001,133
Total noninterest income$167,0003,733
Gross Fiduciary activities income$0931
Service charges on deposit accounts$104,0002,639
Trading account gains and fees$0112
Additional Noninterest Income$63,0003,944
Total noninterest expense$4,365,0002,194
Salaries and employee benefits$3,153,0001,895
Premises and equipment expense$243,0002,997
Additional noninterest expense$63,0003,924
Pre-tax net operating income$3,658,0001,530
Securities gains (losses)$0938
Applicable income taxes$1,080,000970
Income before extraordinary items$2,578,0001,750
Extraordinary gains, net$051
Net income$2,578,0001,771
Minority interest net income$081
Net income of bank and minority interests.$2,578,0001,750
Net charge-offs$377,000501
Cash dividends$43,0002,885
Sale, conversion, retirement of capital stock, net$914,000129
Net operating income$2,578,0001,760
2023-03-31 (YTD Data)Rank
Total interest income$4,788,0001,866
Total interest expense$693,0002,245
Net interest income$4,095,0001,726
Provision for loan and lease losses$142,0001,097
Total noninterest income$80,0003,764
Gross Fiduciary activities income$0913
Service charges on deposit accounts$48,0002,765
Trading account gains and fees$097
Additional Noninterest Income$32,0003,934
Total noninterest expense$2,081,0002,287
Salaries and employee benefits$1,470,0002,021
Premises and equipment expense$123,0003,025
Additional noninterest expense$32,0003,934
Pre-tax net operating income$1,952,0001,494
Securities gains (losses)$0950
Applicable income taxes$575,000957
Income before extraordinary items$1,377,0001,694
Extraordinary gains, net$04
Net income$1,377,0001,693
Minority interest net income$048
Net income of bank and minority interests.$1,377,0001,694
Net charge-offs$02,062
Cash dividends$43,0002,238
Sale, conversion, retirement of capital stock, net$76,000275
Net operating income$1,377,0001,714
2022-12-31 (YTD Data)Rank
Total interest income$13,507,0002,099
Total interest expense$1,108,0002,275
Net interest income$12,399,0002,061
Provision for loan and lease losses$793,000949
Total noninterest income$321,0003,866
Gross Fiduciary activities income$01,005
Service charges on deposit accounts$167,0002,954
Trading account gains and fees$0116
Additional Noninterest Income$154,0003,954
Total noninterest expense$7,597,0002,377
Salaries and employee benefits$5,385,0002,078
Premises and equipment expense$506,0002,966
Additional noninterest expense$154,0003,954
Pre-tax net operating income$4,330,0002,200
Securities gains (losses)$0691
Applicable income taxes$1,304,0001,366
Income before extraordinary items$3,026,0002,452
Extraordinary gains, net$05
Net income$3,026,0002,450
Minority interest net income$063
Net income of bank and minority interests.$3,026,0002,451
Net charge-offs$405,000673
Cash dividends$03,475
Sale, conversion, retirement of capital stock, net$292,000370
Net operating income$3,026,0002,479
2022-09-30 (YTD Data)Rank
Total interest income$8,951,0002,219
Total interest expense$671,0002,253
Net interest income$8,280,0002,206
Provision for loan and lease losses$610,000852
Total noninterest income$241,0003,889
Gross Fiduciary activities income$0968
Service charges on deposit accounts$129,0002,942
Trading account gains and fees$0111
Additional Noninterest Income$112,0003,997
Total noninterest expense$5,600,0002,399
Salaries and employee benefits$3,944,0002,097
Premises and equipment expense$380,0002,984
Additional noninterest expense$112,0003,997
Pre-tax net operating income$2,311,0002,621
Securities gains (losses)$0740
Applicable income taxes$684,0001,622
Income before extraordinary items$1,627,0002,835
Extraordinary gains, net$04
Net income$1,627,0002,833
Minority interest net income$057
Net income of bank and minority interests.$1,627,0002,834
Net charge-offs$152,000780
Cash dividends$03,099
Sale, conversion, retirement of capital stock, net$214,000345
Net operating income$1,627,0002,868
2022-06-30 (YTD Data)Rank
Total interest income$5,373,0002,338
Total interest expense$416,0002,205
Net interest income$4,957,0002,322
Provision for loan and lease losses$368,000827
Total noninterest income$176,0003,832
Gross Fiduciary activities income$0925
Service charges on deposit accounts$92,0002,875
Trading account gains and fees$0108
Additional Noninterest Income$84,0003,949
Total noninterest expense$3,477,0002,496
Salaries and employee benefits$2,398,0002,238
Premises and equipment expense$248,0003,028
Additional noninterest expense$831,0002,919
Pre-tax net operating income$1,288,0002,737
Securities gains (losses)$0687
Applicable income taxes$386,0001,670
Income before extraordinary items$902,0002,938
Extraordinary gains, net$04
Net income$902,0002,937
Minority interest net income$060
Net income of bank and minority interests.$902,0002,938
Net charge-offs$152,000607
Cash dividends$02,961
Sale, conversion, retirement of capital stock, net$135,000331
Net operating income$902,0002,972
2022-03-31 (YTD Data)Rank
Total interest income$2,622,0002,338
Total interest expense$195,0002,264
Net interest income$2,427,0002,311
Provision for loan and lease losses$153,000757
Total noninterest income$77,0003,895
Gross Fiduciary activities income$0892
Service charges on deposit accounts$39,0003,030
Trading account gains and fees$0103
Additional Noninterest Income$38,0003,978
Total noninterest expense$1,680,0002,559
Salaries and employee benefits$1,123,0002,334
Premises and equipment expense$124,0003,027
Additional noninterest expense$433,0002,836
Pre-tax net operating income$671,0002,602
Securities gains (losses)$0623
Applicable income taxes$199,0001,610
Income before extraordinary items$472,0002,810
Extraordinary gains, net$04
Net income$472,0002,808
Minority interest net income$050
Net income of bank and minority interests.$472,0002,810
Net charge-offs$152,000419
Cash dividends$02,284
Sale, conversion, retirement of capital stock, net$65,000306
Net operating income$472,0002,839
2021-12-31 (YTD Data)Rank
Total interest income$9,465,0002,545
Total interest expense$526,0003,101
Net interest income$8,939,0002,479
Provision for loan and lease losses$691,000806
Total noninterest income$302,0004,040
Gross Fiduciary activities income$0994
Service charges on deposit accounts$154,0002,982
Trading account gains and fees$0132
Additional Noninterest Income$148,0004,174
Total noninterest expense$6,807,0002,535
Salaries and employee benefits$4,671,0002,251
Premises and equipment expense$518,0002,979
Additional noninterest expense$1,618,0002,976
Pre-tax net operating income$1,743,0003,316
Securities gains (losses)$02,062
Applicable income taxes$-1,430,0004,827
Income before extraordinary items$3,173,0002,469
Extraordinary gains, net$010
Net income$3,173,0002,469
Minority interest net income$074
Net income of bank and minority interests.$3,173,0002,470
Net charge-offs$02,705
Cash dividends$03,608
Sale, conversion, retirement of capital stock, net$266,000382
Net operating income$3,173,0002,449
2021-09-30 (YTD Data)Rank
Total interest income$6,554,0002,722
Total interest expense$346,0003,370
Net interest income$6,208,0002,639
Provision for loan and lease losses$542,000765
Total noninterest income$224,0004,091
Gross Fiduciary activities income$0957
Service charges on deposit accounts$110,0003,038
Trading account gains and fees$0132
Additional Noninterest Income$114,0004,202
Total noninterest expense$4,811,0002,637
Salaries and employee benefits$3,282,0002,365
Premises and equipment expense$388,0002,993
Additional noninterest expense$1,141,0003,098
Pre-tax net operating income$1,079,0003,646
Securities gains (losses)$02,015
Applicable income taxes$-1,654,0004,907
Income before extraordinary items$2,733,0002,389
Extraordinary gains, net$08
Net income$2,733,0002,389
Minority interest net income$069
Net income of bank and minority interests.$2,733,0002,389
Net charge-offs$02,463
Cash dividends$03,251
Sale, conversion, retirement of capital stock, net$200,000341
Net operating income$2,733,0002,363
2021-06-30 (YTD Data)Rank
Total interest income$4,121,0002,827
Total interest expense$220,0003,498
Net interest income$3,901,0002,725
Provision for loan and lease losses$259,0001,001
Total noninterest income$132,0004,188
Gross Fiduciary activities income$0951
Service charges on deposit accounts$64,0003,159
Trading account gains and fees$0133
Additional Noninterest Income$68,0004,272
Total noninterest expense$3,101,0002,675
Salaries and employee benefits$2,123,0002,412
Premises and equipment expense$263,0002,970
Additional noninterest expense$715,0003,184
Pre-tax net operating income$673,0003,699
Securities gains (losses)$01,818
Applicable income taxes$120,0002,631
Income before extraordinary items$553,0003,788
Extraordinary gains, net$06
Net income$553,0003,788
Minority interest net income$067
Net income of bank and minority interests.$553,0003,788
Net charge-offs$02,245
Cash dividends$03,104
Sale, conversion, retirement of capital stock, net$128,000324
Net operating income$553,0003,769
2021-03-31 (YTD Data)Rank
Total interest income$2,017,0002,852
Total interest expense$105,0003,625
Net interest income$1,912,0002,739
Provision for loan and lease losses$47,0001,780
Total noninterest income$51,0004,331
Gross Fiduciary activities income$0922
Service charges on deposit accounts$28,0003,295
Trading account gains and fees$0127
Additional Noninterest Income$23,0004,424
Total noninterest expense$1,665,0002,558
Salaries and employee benefits$1,182,0002,239
Premises and equipment expense$141,0002,877
Additional noninterest expense$342,0003,210
Pre-tax net operating income$251,0003,932
Securities gains (losses)$01,392
Applicable income taxes$03,613
Income before extraordinary items$251,0003,853
Extraordinary gains, net$03
Net income$251,0003,852
Minority interest net income$055
Net income of bank and minority interests.$251,0003,853
Net charge-offs$01,930
Cash dividends$02,452
Sale, conversion, retirement of capital stock, net$74,000288
Net operating income$251,0003,828
2020-12-31 (YTD Data)Rank
Total interest income$6,391,0003,197
Total interest expense$557,0003,713
Net interest income$5,834,0003,095
Provision for loan and lease losses$659,0001,985
Total noninterest income$205,0004,312
Gross Fiduciary activities income$01,030
Service charges on deposit accounts$98,0003,592
Trading account gains and fees$0133
Additional Noninterest Income$107,0004,343
Total noninterest expense$5,706,0002,776
Salaries and employee benefits$3,872,0002,531
Premises and equipment expense$538,0002,926
Additional noninterest expense$1,296,0003,283
Pre-tax net operating income$-326,0004,845
Securities gains (losses)$9,0002,334
Applicable income taxes$1,0003,649
Income before extraordinary items$-318,0004,862
Extraordinary gains, net$04
Net income$-318,0004,862
Minority interest net income$072
Net income of bank and minority interests.$-318,0004,862
Net charge-offs$03,443
Cash dividends$03,782
Sale, conversion, retirement of capital stock, net$293,000329
Net operating income$-327,0004,848
2020-09-30 (YTD Data)Rank
Total interest income$4,398,0003,379
Total interest expense$436,0003,756
Net interest income$3,962,0003,259
Provision for loan and lease losses$464,0002,033
Total noninterest income$149,0004,347
Gross Fiduciary activities income$0981
Service charges on deposit accounts$69,0003,663
Trading account gains and fees$0125
Additional Noninterest Income$80,0004,331
Total noninterest expense$4,204,0002,797
Salaries and employee benefits$2,873,0002,531
Premises and equipment expense$404,0002,941
Additional noninterest expense$927,0003,335
Pre-tax net operating income$-557,0004,904
Securities gains (losses)$9,0002,150
Applicable income taxes$03,696
Income before extraordinary items$-548,0004,908
Extraordinary gains, net$04
Net income$-548,0004,908
Minority interest net income$065
Net income of bank and minority interests.$-548,0004,908
Net charge-offs$03,243
Cash dividends$03,384
Sale, conversion, retirement of capital stock, net$230,000303
Net operating income$-557,0004,900
2020-06-30 (YTD Data)Rank
Total interest income$2,664,0003,562
Total interest expense$273,0003,907
Net interest income$2,391,0003,470
Provision for loan and lease losses$225,0002,290
Total noninterest income$98,0004,358
Gross Fiduciary activities income$0970
Service charges on deposit accounts$43,0003,760
Trading account gains and fees$0123
Additional Noninterest Income$55,0004,326
Total noninterest expense$2,656,0002,891
Salaries and employee benefits$1,797,0002,653
Premises and equipment expense$275,0002,902
Additional noninterest expense$584,0003,448
Pre-tax net operating income$-392,0004,924
Securities gains (losses)$9,0001,899
Applicable income taxes$03,655
Income before extraordinary items$-383,0004,912
Extraordinary gains, net$04
Net income$-383,0004,912
Minority interest net income$065
Net income of bank and minority interests.$-383,0004,912
Net charge-offs$03,033
Cash dividends$03,237
Sale, conversion, retirement of capital stock, net$154,000278
Net operating income$-392,0004,921
2020-03-31 (YTD Data)Rank
Total interest income$1,313,0003,592
Total interest expense$127,0004,094
Net interest income$1,186,0003,443
Provision for loan and lease losses$33,0002,789
Total noninterest income$47,0004,406
Gross Fiduciary activities income$0941
Service charges on deposit accounts$23,0003,893
Trading account gains and fees$0106
Additional Noninterest Income$24,0004,341
Total noninterest expense$1,389,0002,841
Salaries and employee benefits$972,0002,536
Premises and equipment expense$133,0002,978
Additional noninterest expense$284,0003,543
Pre-tax net operating income$-189,0004,915
Securities gains (losses)$7,0001,398
Applicable income taxes$03,513
Income before extraordinary items$-182,0004,884
Extraordinary gains, net$04
Net income$-182,0004,884
Minority interest net income$056
Net income of bank and minority interests.$-182,0004,884
Net charge-offs$02,581
Cash dividends$02,639
Sale, conversion, retirement of capital stock, net$80,000269
Net operating income$-189,0004,915
2019-12-31 (YTD Data)Rank
Total interest income$3,644,0004,156
Total interest expense$389,0004,364
Net interest income$3,255,0004,061
Provision for loan and lease losses$749,0001,143
Total noninterest income$133,0004,676
Gross Fiduciary activities income$01,051
Service charges on deposit accounts$55,0004,435
Trading account gains and fees$0135
Additional Noninterest Income$78,0004,538
Total noninterest expense$4,774,0003,107
Salaries and employee benefits$3,187,0002,823
Premises and equipment expense$492,0003,126
Additional noninterest expense$1,095,0003,658
Pre-tax net operating income$-2,135,0005,143
Securities gains (losses)$203,000631
Applicable income taxes$1,0003,814
Income before extraordinary items$-1,933,0005,135
Extraordinary gains, net$011
Net income$-1,933,0005,136
Minority interest net income$076
Net income of bank and minority interests.$-1,933,0005,136
Net charge-offs$03,726
Cash dividends$03,944
Sale, conversion, retirement of capital stock, net$290,000356
Net operating income$-2,136,0005,134
2019-09-30 (YTD Data)Rank
Total interest income$2,466,0004,357
Total interest expense$270,0004,484
Net interest income$2,196,0004,263
Provision for loan and lease losses$407,0001,335
Total noninterest income$81,0004,826
Gross Fiduciary activities income$01,014
Service charges on deposit accounts$36,0004,586
Trading account gains and fees$0129
Additional Noninterest Income$45,0004,700
Total noninterest expense$3,493,0003,163
Salaries and employee benefits$2,356,0002,857
Premises and equipment expense$368,0003,159
Additional noninterest expense$769,0003,783
Pre-tax net operating income$-1,623,0005,218
Securities gains (losses)$97,000796
Applicable income taxes$03,902
Income before extraordinary items$-1,526,0005,216
Extraordinary gains, net$011
Net income$-1,526,0005,216
Minority interest net income$072
Net income of bank and minority interests.$-1,526,0005,216
Net charge-offs$03,455
Cash dividends$03,588
Sale, conversion, retirement of capital stock, net$216,000327
Net operating income$-1,623,0005,215
2019-06-30 (YTD Data)Rank
Total interest income$1,469,0004,493
Total interest expense$171,0004,543
Net interest income$1,298,0004,420
Provision for loan and lease losses$233,0001,442
Total noninterest income$46,0004,927
Gross Fiduciary activities income$01,004
Service charges on deposit accounts$20,0004,707
Trading account gains and fees$0131
Additional Noninterest Income$26,0004,808
Total noninterest expense$2,339,0003,175
Salaries and employee benefits$1,588,0002,862
Premises and equipment expense$245,0003,158
Additional noninterest expense$506,0003,830
Pre-tax net operating income$-1,228,0005,272
Securities gains (losses)$01,702
Applicable income taxes$03,901
Income before extraordinary items$-1,228,0005,268
Extraordinary gains, net$011
Net income$-1,228,0005,267
Minority interest net income$069
Net income of bank and minority interests.$-1,228,0005,267
Net charge-offs$03,172
Cash dividends$03,456
Sale, conversion, retirement of capital stock, net$141,000313
Net operating income$-1,228,0005,267
2019-03-31 (YTD Data)Rank
Total interest income$614,0004,714
Total interest expense$63,0004,777
Net interest income$551,0004,658
Provision for loan and lease losses$100,0001,466
Total noninterest income$19,0005,036
Gross Fiduciary activities income$0972
Service charges on deposit accounts$7,0004,897
Trading account gains and fees$0126
Additional Noninterest Income$12,0004,847
Total noninterest expense$1,204,0003,142
Salaries and employee benefits$822,0002,813
Premises and equipment expense$125,0003,174
Additional noninterest expense$257,0003,820
Pre-tax net operating income$-734,0005,331
Securities gains (losses)$01,087
Applicable income taxes$03,800
Income before extraordinary items$-734,0005,324
Extraordinary gains, net$05
Net income$-734,0005,324
Minority interest net income$052
Net income of bank and minority interests.$-734,0005,323
Net charge-offs$02,740
Cash dividends$02,803
Sale, conversion, retirement of capital stock, net$67,000278
Net operating income$-734,0005,327
2018-12-31 (YTD Data)Rank
Total interest income$935,0005,268
Total interest expense$38,0005,336
Net interest income$897,0005,242
Provision for loan and lease losses$174,0002,523
Total noninterest income$44,0005,239
Gross Fiduciary activities income$01,098
Service charges on deposit accounts$21,0005,062
Trading account gains and fees$0126
Additional Noninterest Income$23,0005,108
Total noninterest expense$3,870,0003,547
Salaries and employee benefits$2,687,0003,155
Premises and equipment expense$478,0003,234
Additional noninterest expense$705,0004,394
Pre-tax net operating income$-3,103,0005,392
Securities gains (losses)$01,125
Applicable income taxes$2,0003,892
Income before extraordinary items$-3,105,0005,382
Extraordinary gains, net$06
Net income$-3,105,0005,381
Minority interest net income$072
Net income of bank and minority interests.$-3,105,0005,381
Net charge-offs$03,782
Cash dividends$04,033
Sale, conversion, retirement of capital stock, net$30,533,00021
Net operating income$-3,105,0005,383
2018-09-30 (YTD Data)Rank
Total interest income$545,0005,388
Total interest expense$14,0005,433
Net interest income$531,0005,372
Provision for loan and lease losses$60,0003,056
Total noninterest income$15,0005,381
Gross Fiduciary activities income$01,048
Service charges on deposit accounts$6,0005,273
Trading account gains and fees$0138
Additional Noninterest Income$9,0005,252
Total noninterest expense$2,737,0003,675
Salaries and employee benefits$1,902,0003,256
Premises and equipment expense$351,0003,307
Additional noninterest expense$484,0004,540
Pre-tax net operating income$-2,251,0005,465
Securities gains (losses)$01,118
Applicable income taxes$2,0003,934
Income before extraordinary items$-2,253,0005,455
Extraordinary gains, net$05
Net income$-2,253,0005,454
Minority interest net income$066
Net income of bank and minority interests.$-2,253,0005,454
Net charge-offs$03,489
Cash dividends$03,618
Sale, conversion, retirement of capital stock, net$30,452,00019
Net operating income$-2,253,0005,454
2018-06-30 (YTD Data)Rank
Total interest income$269,0005,489
Total interest expense$7,0005,502
Net interest income$262,0005,476
Provision for loan and lease losses$52,0002,784
Total noninterest income$6,0005,456
Gross Fiduciary activities income$01,037
Service charges on deposit accounts$05,406
Trading account gains and fees$0130
Additional Noninterest Income$6,0005,320
Total noninterest expense$1,545,0004,015
Salaries and employee benefits$1,071,0003,579
Premises and equipment expense$208,0003,528
Additional noninterest expense$266,0004,820
Pre-tax net operating income$-1,329,0005,521
Securities gains (losses)$0961
Applicable income taxes$2,0003,899
Income before extraordinary items$-1,331,0005,513
Extraordinary gains, net$06
Net income$-1,331,0005,512
Minority interest net income$065
Net income of bank and minority interests.$-1,331,0005,512
Net charge-offs$03,209
Cash dividends$03,485
Sale, conversion, retirement of capital stock, net$30,377,00013
Net operating income$-1,331,0005,512
2018-03-31 (YTD Data)Rank
Total interest income$89,0005,578
Total interest expense$1,0005,587
Net interest income$88,0005,574
Provision for loan and lease losses$4,0003,363
Total noninterest income$05,557
Gross Fiduciary activities income$01,003
Service charges on deposit accounts$05,454
Trading account gains and fees$0123
Additional Noninterest Income$05,496
Total noninterest expense$560,0004,542
Salaries and employee benefits$370,0004,288
Premises and equipment expense$96,0003,716
Additional noninterest expense$94,0005,170
Pre-tax net operating income$-476,0005,573
Securities gains (losses)$0735
Applicable income taxes$2,0003,795
Income before extraordinary items$-478,0005,560
Extraordinary gains, net$07
Net income$-478,0005,560
Minority interest net income$052
Net income of bank and minority interests.$-478,0005,560
Net charge-offs$02,722
Cash dividends$02,774
Sale, conversion, retirement of capital stock, net$30,377,0006
Net operating income$-478,0005,563

* 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.