Home > Jackson Federal Bank > Income and Expense

Jackson Federal Bank, Income and Expense

2004-09-30 (YTD Data)		Rank
Total interest income	$74,249,000	320
Total interest expense	$25,376,000	276
Net interest income	$48,873,000	345
Provision for loan and lease losses	$-1,060,000	8,992
Total noninterest income	$5,856,000	747
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	134
Additional Noninterest Income	$5,856,000	491
Total noninterest expense	$23,036,000	553
Salaries and employee benefits	$12,366,000	533
Premises and equipment expense	$5,004,000	357
Additional noninterest expense	$5,666,000	688
Pre-tax net operating income	$32,753,000	284
Securities gains (losses)	$1,698,000	183
Applicable income taxes	$14,114,000	247
Income before extraordinary items	$20,337,000	312
Extraordinary gains, net	$0	26
Net income	$20,337,000	312
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-467,000	8,980
Cash dividends	$0	5,363
Sale, conversion, retirement of capital stock, net	$0	738
Net operating income	$19,250,280	319
2004-06-30 (YTD Data)		Rank
Total interest income	$50,803,000	315
Total interest expense	$17,436,000	264
Net interest income	$33,367,000	334
Provision for loan and lease losses	$0	6,885
Total noninterest income	$3,815,000	760
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	130
Additional Noninterest Income	$3,815,000	508
Total noninterest expense	$15,647,000	546
Salaries and employee benefits	$8,056,000	545
Premises and equipment expense	$3,399,000	345
Additional noninterest expense	$4,192,000	633
Pre-tax net operating income	$21,535,000	277
Securities gains (losses)	$859,000	238
Applicable income taxes	$9,328,000	245
Income before extraordinary items	$13,066,000	314
Extraordinary gains, net	$0	21
Net income	$13,066,000	314
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-523,000	9,050
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$0	638
Net operating income	$12,516,240	307
2004-03-31 (YTD Data)		Rank
Total interest income	$25,136,000	322
Total interest expense	$8,584,000	274
Net interest income	$16,552,000	340
Provision for loan and lease losses	$0	6,501
Total noninterest income	$1,893,000	747
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	121
Additional Noninterest Income	$1,893,000	505
Total noninterest expense	$8,057,000	535
Salaries and employee benefits	$3,944,000	564
Premises and equipment expense	$1,733,000	352
Additional noninterest expense	$2,380,000	557
Pre-tax net operating income	$10,388,000	285
Securities gains (losses)	$583,000	237
Applicable income taxes	$4,570,000	248
Income before extraordinary items	$6,401,000	318
Extraordinary gains, net	$0	16
Net income	$6,401,000	319
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-207,000	9,046
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$6,027,880	314
2003-12-31 (YTD Data)		Rank
Total interest income	$95,945,000	328
Total interest expense	$40,110,000	261
Net interest income	$55,835,000	382
Provision for loan and lease losses	$-3,424,000	9,168
Total noninterest income	$8,840,000	725
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	160
Additional Noninterest Income	$8,840,000	495
Total noninterest expense	$32,022,000	547
Salaries and employee benefits	$14,452,000	599
Premises and equipment expense	$6,276,000	392
Additional noninterest expense	$11,294,000	500
Pre-tax net operating income	$36,077,000	310
Securities gains (losses)	$39,000	2,721
Applicable income taxes	$12,371,000	314
Income before extraordinary items	$23,745,000	333
Extraordinary gains, net	$0	54
Net income	$23,745,000	334
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$8,000	6,724
Cash dividends	$0	6,283
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$23,719,260	312
2003-09-30 (YTD Data)		Rank
Total interest income	$72,591,000	335
Total interest expense	$30,631,000	265
Net interest income	$41,960,000	385
Provision for loan and lease losses	$0	7,481
Total noninterest income	$6,403,000	770
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	153
Additional Noninterest Income	$6,403,000	536
Total noninterest expense	$20,864,000	620
Salaries and employee benefits	$10,592,000	626
Premises and equipment expense	$4,601,000	403
Additional noninterest expense	$5,671,000	697
Pre-tax net operating income	$27,499,000	312
Securities gains (losses)	$7,000	3,479
Applicable income taxes	$10,576,000	301
Income before extraordinary items	$16,930,000	364
Extraordinary gains, net	$0	40
Net income	$16,930,000	365
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-232,000	9,178
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$16,925,520	333
2003-06-30 (YTD Data)		Rank
Total interest income	$48,925,000	338
Total interest expense	$20,705,000	271
Net interest income	$28,220,000	385
Provision for loan and lease losses	$0	7,324
Total noninterest income	$4,095,000	780
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	150
Additional Noninterest Income	$4,095,000	538
Total noninterest expense	$13,793,000	625
Salaries and employee benefits	$7,009,000	628
Premises and equipment expense	$2,888,000	425
Additional noninterest expense	$3,896,000	689
Pre-tax net operating income	$18,522,000	314
Securities gains (losses)	$16,000	2,719
Applicable income taxes	$7,108,000	306
Income before extraordinary items	$11,430,000	362
Extraordinary gains, net	$0	30
Net income	$11,430,000	363
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$27,000	4,226
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$11,419,760	336
2003-03-31 (YTD Data)		Rank
Total interest income	$25,077,000	337
Total interest expense	$10,458,000	282
Net interest income	$14,619,000	380
Provision for loan and lease losses	$0	6,934
Total noninterest income	$1,805,000	839
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	134
Additional Noninterest Income	$1,805,000	581
Total noninterest expense	$6,741,000	624
Salaries and employee benefits	$3,458,000	632
Premises and equipment expense	$1,392,000	438
Additional noninterest expense	$1,891,000	684
Pre-tax net operating income	$9,683,000	304
Securities gains (losses)	$21,000	1,872
Applicable income taxes	$3,955,000	288
Income before extraordinary items	$5,749,000	346
Extraordinary gains, net	$0	21
Net income	$5,749,000	347
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	5,539
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$5,735,560	321
2002-12-31 (YTD Data)		Rank
Total interest income	$100,530,000	357
Total interest expense	$47,113,000	292
Net interest income	$53,417,000	402
Provision for loan and lease losses	$0	8,089
Total noninterest income	$7,619,000	755
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	153
Additional Noninterest Income	$7,619,000	522
Total noninterest expense	$26,342,000	620
Salaries and employee benefits	$12,766,000	633
Premises and equipment expense	$5,668,000	425
Additional noninterest expense	$7,908,000	672
Pre-tax net operating income	$34,694,000	317
Securities gains (losses)	$171,000	1,277
Applicable income taxes	$14,420,000	281
Income before extraordinary items	$20,445,000	370
Extraordinary gains, net	$0	70
Net income	$20,445,000	369
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$236,000	2,758
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$20,335,560	346
2001-12-31 (YTD Data)		Rank
Total interest income	$98,793,000	398
Total interest expense	$54,125,000	358
Net interest income	$44,668,000	441
Provision for loan and lease losses	$1,600,000	852
Total noninterest income	$5,979,000	862
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	177
Additional Noninterest Income	$5,979,000	578
Total noninterest expense	$26,083,000	622
Salaries and employee benefits	$11,386,000	663
Premises and equipment expense	$4,032,000	554
Additional noninterest expense	$10,665,000	550
Pre-tax net operating income	$22,964,000	381
Securities gains (losses)	$-113,000	9,506
Applicable income taxes	$10,787,000	320
Income before extraordinary items	$12,064,000	503
Extraordinary gains, net	$0	105
Net income	$12,064,000	504
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$103,000	4,010
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$12,136,320	476
2000-12-31 (YTD Data)		Rank
Total interest income	$38,318,000	921
Total interest expense	$22,235,000	822
Net interest income	$16,083,000	1,101
Provision for loan and lease losses	$752,000	1,330
Total noninterest income	$2,595,000	1,535
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	180
Additional Noninterest Income	$2,595,000	943
Total noninterest expense	$13,484,000	1,037
Salaries and employee benefits	$5,597,000	1,261
Premises and equipment expense	$2,095,000	953
Additional noninterest expense	$5,792,000	852
Pre-tax net operating income	$4,442,000	1,658
Securities gains (losses)	$376,000	302
Applicable income taxes	$2,010,000	1,148
Income before extraordinary items	$2,808,000	1,858
Extraordinary gains, net	$0	38
Net income	$2,808,000	1,858
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$731,000	940
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$2,567,360	2,036
1999-12-31 (YTD Data)		Rank
Total interest income	$8,572,000	3,666
Total interest expense	$4,924,000	2,967
Net interest income	$3,648,000	4,511
Provision for loan and lease losses	$0	8,503
Total noninterest income	$1,182,000	2,723
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	173
Additional Noninterest Income	$1,182,000	1,664
Total noninterest expense	$5,417,000	2,500
Salaries and employee benefits	$2,621,000	2,682
Premises and equipment expense	$1,033,000	1,984
Additional noninterest expense	$1,763,000	2,465
Pre-tax net operating income	$-587,000	9,904
Securities gains (losses)	$0	3,155
Applicable income taxes	$2,000	8,682
Income before extraordinary items	$-589,000	9,955
Extraordinary gains, net	$0	35
Net income	$-589,000	9,953
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$35,000	5,387
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$-589,000	9,936
1998-12-31 (YTD Data)		Rank
Total interest income	$1,098,000	9,766
Total interest expense	$691,000	9,211
Net interest income	$407,000	10,074
Provision for loan and lease losses	$0	8,652
Total noninterest income	$159,000	8,092
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	224
Additional Noninterest Income	$159,000	5,516
Total noninterest expense	$608,000	9,403
Salaries and employee benefits	$245,000	9,901
Premises and equipment expense	$148,000	7,696
Additional noninterest expense	$215,000	8,963
Pre-tax net operating income	$-42,000	9,858
Securities gains (losses)	$0	4,449
Applicable income taxes	$2,000	9,272
Income before extraordinary items	$-44,000	9,899
Extraordinary gains, net	$0	32
Net income	$-44,000	9,898
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,132
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$-44,000	9,859
1997-12-31 (YTD Data)		Rank
Total interest income	$7,976,000	3,977
Total interest expense	$4,583,000	3,241
Net interest income	$3,393,000	4,837
Provision for loan and lease losses	$-130,000	10,803
Total noninterest income	$948,000	3,182
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	239
Additional Noninterest Income	$948,000	1,806
Total noninterest expense	$4,221,000	3,018
Salaries and employee benefits	$1,573,000	4,077
Premises and equipment expense	$1,046,000	1,898
Additional noninterest expense	$1,602,000	2,563
Pre-tax net operating income	$250,000	9,292
Securities gains (losses)	$0	3,944
Applicable income taxes	$1,000	10,030
Income before extraordinary items	$249,000	8,763
Extraordinary gains, net	$0	44
Net income	$249,000	8,766
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$63,000	4,724
Cash dividends	$0	7,871
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$249,000	8,722
1996-12-31 (YTD Data)		Rank
Total interest income	$7,654,000	4,200
Total interest expense	$4,430,000	3,367
Net interest income	$3,224,000	5,166
Provision for loan and lease losses	$1,062,000	978
Total noninterest income	$903,000	3,385
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	262
Additional Noninterest Income	$903,000	1,941
Total noninterest expense	$4,348,000	3,109
Salaries and employee benefits	$1,755,000	3,753
Premises and equipment expense	$996,000	2,010
Additional noninterest expense	$1,597,000	2,971
Pre-tax net operating income	$-1,283,000	11,370
Securities gains (losses)	$4,000	3,123
Applicable income taxes	$-1,000	10,892
Income before extraordinary items	$-1,278,000	11,386
Extraordinary gains, net	$0	53
Net income	$-1,278,000	11,386
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$723,000	1,088
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$-1,282,000	11,372
1995-12-31 (YTD Data)		Rank
Total interest income	$7,463,000	4,292
Total interest expense	$4,355,000	3,420
Net interest income	$3,108,000	5,350
Provision for loan and lease losses	$65,000	5,556
Total noninterest income	$758,000	3,836
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	522
Additional Noninterest Income	$758,000	2,190
Total noninterest expense	$4,099,000	3,245
Salaries and employee benefits	$1,696,000	3,834
Premises and equipment expense	$952,000	2,104
Additional noninterest expense	$1,451,000	3,182
Pre-tax net operating income	$-298,000	11,727
Securities gains (losses)	$263,000	564
Applicable income taxes	$-28,000	11,582
Income before extraordinary items	$-7,000	11,513
Extraordinary gains, net	$0	65
Net income	$-7,000	11,511
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$19,000	6,709
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	NA	NA
Net operating income	$-175,320	11,650
1994-12-31 (YTD Data)		Rank
Total interest income	$6,547,000	4,492
Total interest expense	$3,390,000	3,545
Net interest income	$3,157,000	5,378
Provision for loan and lease losses	$402,000	1,816
Total noninterest income	$778,000	3,803
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	475
Additional Noninterest Income	$778,000	2,172
Total noninterest expense	$4,017,000	3,414
Salaries and employee benefits	$1,755,000	3,715
Premises and equipment expense	$892,000	2,264
Additional noninterest expense	$1,370,000	3,599
Pre-tax net operating income	$-484,000	12,378
Securities gains (losses)	$0	3,600
Applicable income taxes	$-36,000	12,171
Income before extraordinary items	$-448,000	12,341
Extraordinary gains, net	$0	249
Net income	$-448,000	12,339
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$99,000	3,752
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$-448,000	12,351
1993-12-31 (YTD Data)		Rank
Total interest income	$6,229,000	4,797
Total interest expense	$3,285,000	3,799
Net interest income	$2,944,000	5,740
Provision for loan and lease losses	$408,000	2,428
Total noninterest income	$169,000	9,834
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	532
Additional Noninterest Income	$169,000	6,183
Total noninterest expense	$2,866,000	4,696
Salaries and employee benefits	$1,417,000	4,499
Premises and equipment expense	$678,000	2,970
Additional noninterest expense	$771,000	6,100
Pre-tax net operating income	$-161,000	12,661
Securities gains (losses)	$0	7,477
Applicable income taxes	$-24,000	12,835
Income before extraordinary items	$-137,000	12,696
Extraordinary gains, net	$0	3,149
Net income	$-137,000	12,713
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	9,922
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$-137,000	12,603
1992-12-31 (YTD Data)		Rank
Total interest income	$7,639,000	4,470
Total interest expense	$4,706,000	3,486
Net interest income	$2,933,000	5,822
Provision for loan and lease losses	$35,000	9,755
Total noninterest income	$164,000	10,187
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	504
Additional Noninterest Income	$164,000	6,333
Total noninterest expense	$2,905,000	4,662
Salaries and employee benefits	$1,335,000	4,708
Premises and equipment expense	$532,000	3,764
Additional noninterest expense	$1,038,000	4,900
Pre-tax net operating income	$157,000	11,454
Securities gains (losses)	$21,000	5,524
Applicable income taxes	$-88,000	13,567
Income before extraordinary items	$266,000	9,716
Extraordinary gains, net	$0	1,422
Net income	$266,000	9,853
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$39,000	8,076
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$2,899,000	252
Net operating income	$245,000	9,612

* 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.