Fleet National Bank of Massachusetts, Income and Expense

1995-12-31 (YTD Data)Rank
Total interest income$977,510,00064
Total interest expense$481,500,00055
Net interest income$496,010,00060
Provision for loan and lease losses$-11,522,00011,959
Total noninterest income$165,734,00093
Gross Fiduciary activities income$42,341,00056
Service charges on deposit accounts$59,893,00056
Trading account gains and fees$1,299,000123
Additional Noninterest Income$62,201,000135
Total noninterest expense$480,500,00059
Salaries and employee benefits$166,602,00059
Premises and equipment expense$57,573,00062
Additional noninterest expense$256,325,00054
Pre-tax net operating income$192,766,00076
Securities gains (losses)$-1,762,00011,904
Applicable income taxes$59,929,00088
Income before extraordinary items$131,075,00075
Extraordinary gains, net$065
Net income$131,075,00075
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$42,049,00072
Cash dividends$161,200,00038
Sale, conversion, retirement of capital stock, net$0809
Net operating income$132,290,78074
1994-12-31 (YTD Data)Rank
Total interest income$859,962,00055
Total interest expense$347,898,00051
Net interest income$512,064,00053
Provision for loan and lease losses$-18,327,00012,594
Total noninterest income$159,051,00088
Gross Fiduciary activities income$44,308,00052
Service charges on deposit accounts$63,618,00045
Trading account gains and fees$2,064,00079
Additional Noninterest Income$49,061,000146
Total noninterest expense$448,700,00062
Salaries and employee benefits$175,395,00054
Premises and equipment expense$57,596,00057
Additional noninterest expense$215,709,00066
Pre-tax net operating income$240,742,00058
Securities gains (losses)$-6,198,00012,560
Applicable income taxes$75,380,00060
Income before extraordinary items$159,164,00058
Extraordinary gains, net$0249
Net income$159,164,00058
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$32,547,00078
Cash dividends$107,750,00054
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$163,378,64057
1993-12-31 (YTD Data)Rank
Total interest income$782,858,00052
Total interest expense$294,604,00053
Net interest income$488,254,00051
Provision for loan and lease losses$-49,082,00013,283
Total noninterest income$156,655,00084
Gross Fiduciary activities income$43,357,00048
Service charges on deposit accounts$58,949,00048
Trading account gains and fees$4,629,00069
Additional Noninterest Income$49,720,000133
Total noninterest expense$494,014,00053
Salaries and employee benefits$177,903,00052
Premises and equipment expense$60,258,00051
Additional noninterest expense$255,853,00049
Pre-tax net operating income$199,977,00048
Securities gains (losses)$26,310,00029
Applicable income taxes$33,252,000117
Income before extraordinary items$193,035,00038
Extraordinary gains, net$11,800,00028
Net income$204,835,00036
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$131,618,00027
Cash dividends$81,900,00059
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$170,671,50040
1992-12-31 (YTD Data)Rank
Total interest income$822,341,00048
Total interest expense$362,861,00050
Net interest income$459,480,00047
Provision for loan and lease losses$92,194,00057
Total noninterest income$161,030,00073
Gross Fiduciary activities income$42,514,00048
Service charges on deposit accounts$56,938,00046
Trading account gains and fees$8,244,00046
Additional Noninterest Income$53,334,000116
Total noninterest expense$499,989,00043
Salaries and employee benefits$180,652,00044
Premises and equipment expense$69,636,00040
Additional noninterest expense$249,701,00044
Pre-tax net operating income$28,327,000262
Securities gains (losses)$77,033,00014
Applicable income taxes$33,311,00093
Income before extraordinary items$72,049,00096
Extraordinary gains, net$15,671,00016
Net income$87,720,00078
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$151,044,00031
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$19,666,560250

* 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.