Home > Southington Savings Bank > Income and Expense
Southington Savings Bank, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $43,045,000 | 787 |
| Total interest expense | $21,806,000 | 750 |
| Net interest income | $21,239,000 | 826 |
| Provision for loan and lease losses | $46,000 | 6,803 |
| Total noninterest income | $3,617,000 | 1,277 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,001,000 | 1,473 |
| Trading account gains and fees | $176,000 | 107 |
| Additional Noninterest Income | $2,440,000 | 1,084 |
| Total noninterest expense | $12,337,000 | 1,192 |
| Salaries and employee benefits | $7,031,000 | 1,056 |
| Premises and equipment expense | $1,807,000 | 1,180 |
| Additional noninterest expense | $3,499,000 | 1,335 |
| Pre-tax net operating income | $12,473,000 | 625 |
| Securities gains (losses) | $530,000 | 593 |
| Applicable income taxes | $3,906,000 | 663 |
| Income before extraordinary items | $9,097,000 | 616 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $9,097,000 | 618 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $100,000 | 4,051 |
| Cash dividends | $3,998,000 | 745 |
| Sale, conversion, retirement of capital stock, net | $319,000 | 536 |
| Net operating income | $8,726,000 | 616 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $44,128,000 | 804 |
| Total interest expense | $23,658,000 | 768 |
| Net interest income | $20,470,000 | 850 |
| Provision for loan and lease losses | $413,000 | 2,224 |
| Total noninterest income | $3,128,000 | 1,305 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $831,000 | 1,666 |
| Trading account gains and fees | $86,000 | 129 |
| Additional Noninterest Income | $2,211,000 | 1,063 |
| Total noninterest expense | $11,184,000 | 1,239 |
| Salaries and employee benefits | $6,654,000 | 1,059 |
| Premises and equipment expense | $1,665,000 | 1,217 |
| Additional noninterest expense | $2,865,000 | 1,560 |
| Pre-tax net operating income | $12,001,000 | 667 |
| Securities gains (losses) | $823,000 | 181 |
| Applicable income taxes | $3,887,000 | 660 |
| Income before extraordinary items | $8,937,000 | 628 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $8,937,000 | 628 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $75,000 | 4,069 |
| Cash dividends | $5,481,000 | 582 |
| Sale, conversion, retirement of capital stock, net | $97,000 | 703 |
| Net operating income | $8,360,900 | 659 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $38,505,000 | 885 |
| Total interest expense | $19,330,000 | 822 |
| Net interest income | $19,175,000 | 919 |
| Provision for loan and lease losses | $491,000 | 1,797 |
| Total noninterest income | $3,214,000 | 1,279 |
| Gross Fiduciary activities income | $513,000 | 629 |
| Service charges on deposit accounts | $767,000 | 1,727 |
| Trading account gains and fees | $-4,000 | 4,506 |
| Additional Noninterest Income | $1,938,000 | 1,185 |
| Total noninterest expense | $11,719,000 | 1,182 |
| Salaries and employee benefits | $6,614,000 | 1,040 |
| Premises and equipment expense | $1,651,000 | 1,223 |
| Additional noninterest expense | $3,454,000 | 1,338 |
| Pre-tax net operating income | $10,179,000 | 810 |
| Securities gains (losses) | $505,000 | 341 |
| Applicable income taxes | $3,008,000 | 880 |
| Income before extraordinary items | $7,676,000 | 759 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $7,676,000 | 759 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $359,000 | 1,582 |
| Cash dividends | $5,301,000 | 622 |
| Sale, conversion, retirement of capital stock, net | $219,000 | 713 |
| Net operating income | $7,312,400 | 775 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $35,331,000 | 936 |
| Total interest expense | $18,526,000 | 855 |
| Net interest income | $16,805,000 | 1,002 |
| Provision for loan and lease losses | $268,000 | 2,883 |
| Total noninterest income | $2,216,000 | 1,689 |
| Gross Fiduciary activities income | $621,000 | 570 |
| Service charges on deposit accounts | $686,000 | 1,869 |
| Trading account gains and fees | $-86,000 | 4,434 |
| Additional Noninterest Income | $995,000 | 1,861 |
| Total noninterest expense | $10,061,000 | 1,313 |
| Salaries and employee benefits | $5,572,000 | 1,177 |
| Premises and equipment expense | $1,233,000 | 1,593 |
| Additional noninterest expense | $3,256,000 | 1,351 |
| Pre-tax net operating income | $8,692,000 | 905 |
| Securities gains (losses) | $1,272,000 | 326 |
| Applicable income taxes | $3,411,000 | 780 |
| Income before extraordinary items | $6,553,000 | 838 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $6,553,000 | 837 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $25,000 | 6,026 |
| Cash dividends | $3,167,000 | 933 |
| Sale, conversion, retirement of capital stock, net | $110,000 | 757 |
| Net operating income | $5,713,480 | 914 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $31,797,000 | 1,072 |
| Total interest expense | $16,256,000 | 1,001 |
| Net interest income | $15,541,000 | 1,137 |
| Provision for loan and lease losses | $600,000 | 1,510 |
| Total noninterest income | $1,590,000 | 2,100 |
| Gross Fiduciary activities income | $487,000 | 667 |
| Service charges on deposit accounts | $555,000 | 2,365 |
| Trading account gains and fees | $104,000 | 162 |
| Additional Noninterest Income | $444,000 | 3,071 |
| Total noninterest expense | $8,412,000 | 1,566 |
| Salaries and employee benefits | $4,736,000 | 1,388 |
| Premises and equipment expense | $1,032,000 | 1,923 |
| Additional noninterest expense | $2,644,000 | 1,618 |
| Pre-tax net operating income | $8,119,000 | 1,012 |
| Securities gains (losses) | $839,000 | 313 |
| Applicable income taxes | $2,890,000 | 964 |
| Income before extraordinary items | $6,068,000 | 910 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $6,068,000 | 912 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $169,000 | 2,828 |
| Cash dividends | $3,594,000 | 816 |
| Sale, conversion, retirement of capital stock, net | $190,000 | 685 |
| Net operating income | $5,497,480 | 981 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $29,806,000 | 1,154 |
| Total interest expense | $15,210,000 | 1,078 |
| Net interest income | $14,596,000 | 1,233 |
| Provision for loan and lease losses | $435,000 | 1,946 |
| Total noninterest income | $1,466,000 | 2,331 |
| Gross Fiduciary activities income | $458,000 | 730 |
| Service charges on deposit accounts | $551,000 | 2,471 |
| Trading account gains and fees | $21,000 | 222 |
| Additional Noninterest Income | $436,000 | 3,207 |
| Total noninterest expense | $8,357,000 | 1,698 |
| Salaries and employee benefits | $4,539,000 | 1,481 |
| Premises and equipment expense | $959,000 | 2,091 |
| Additional noninterest expense | $2,859,000 | 1,813 |
| Pre-tax net operating income | $7,270,000 | 1,034 |
| Securities gains (losses) | $419,000 | 455 |
| Applicable income taxes | $2,481,000 | 1,018 |
| Income before extraordinary items | $5,208,000 | 1,006 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $5,208,000 | 1,007 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,048,000 | 876 |
| Cash dividends | $6,334,000 | 573 |
| Sale, conversion, retirement of capital stock, net | $265,000 | 542 |
| Net operating income | $4,923,080 | 1,041 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $27,436,000 | 1,252 |
| Total interest expense | $13,625,000 | 1,217 |
| Net interest income | $13,811,000 | 1,305 |
| Provision for loan and lease losses | $180,000 | 3,223 |
| Total noninterest income | $1,176,000 | 2,763 |
| Gross Fiduciary activities income | $353,000 | 840 |
| Service charges on deposit accounts | $530,000 | 2,539 |
| Trading account gains and fees | $-14,000 | 4,812 |
| Additional Noninterest Income | $307,000 | 3,943 |
| Total noninterest expense | $8,269,000 | 1,697 |
| Salaries and employee benefits | $4,185,000 | 1,591 |
| Premises and equipment expense | $934,000 | 2,153 |
| Additional noninterest expense | $3,150,000 | 1,635 |
| Pre-tax net operating income | $6,538,000 | 1,175 |
| Securities gains (losses) | $150,000 | 782 |
| Applicable income taxes | $2,185,000 | 1,185 |
| Income before extraordinary items | $4,503,000 | 1,173 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $4,503,000 | 1,171 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $829,000 | 999 |
| Cash dividends | $1,685,000 | 1,382 |
| Sale, conversion, retirement of capital stock, net | $40,000 | 665 |
| Net operating income | $4,402,500 | 1,178 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $23,333,000 | 1,338 |
| Total interest expense | $10,437,000 | 1,261 |
| Net interest income | $12,896,000 | 1,387 |
| Provision for loan and lease losses | $150,000 | 3,586 |
| Total noninterest income | $831,000 | 3,597 |
| Gross Fiduciary activities income | $386,000 | 817 |
| Service charges on deposit accounts | $457,000 | 3,012 |
| Trading account gains and fees | $-274,000 | 4,905 |
| Additional Noninterest Income | $262,000 | 4,461 |
| Total noninterest expense | $7,980,000 | 1,819 |
| Salaries and employee benefits | $3,847,000 | 1,741 |
| Premises and equipment expense | $817,000 | 2,487 |
| Additional noninterest expense | $3,316,000 | 1,662 |
| Pre-tax net operating income | $5,597,000 | 1,334 |
| Securities gains (losses) | $46,000 | 1,207 |
| Applicable income taxes | $1,891,000 | 1,264 |
| Income before extraordinary items | $3,752,000 | 1,336 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,752,000 | 1,338 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $284,000 | 1,981 |
| Cash dividends | $1,669,000 | 1,291 |
| Sale, conversion, retirement of capital stock, net | $121,000 | 772 |
| Net operating income | $3,721,640 | 1,358 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $22,924,000 | 1,388 |
| Total interest expense | $10,556,000 | 1,280 |
| Net interest income | $12,368,000 | 1,472 |
| Provision for loan and lease losses | $600,000 | 1,833 |
| Total noninterest income | $1,002,000 | 3,339 |
| Gross Fiduciary activities income | $405,000 | 839 |
| Service charges on deposit accounts | $408,000 | 3,378 |
| Trading account gains and fees | $-29,000 | 5,097 |
| Additional Noninterest Income | $218,000 | 5,407 |
| Total noninterest expense | $8,396,000 | 1,790 |
| Salaries and employee benefits | $3,422,000 | 1,942 |
| Premises and equipment expense | $694,000 | 2,907 |
| Additional noninterest expense | $4,280,000 | 1,430 |
| Pre-tax net operating income | $4,374,000 | 1,591 |
| Securities gains (losses) | $790,000 | 638 |
| Applicable income taxes | $1,671,000 | 1,424 |
| Income before extraordinary items | $3,493,000 | 1,453 |
| Extraordinary gains, net | $2,140,000 | 124 |
| Net income | $5,633,000 | 965 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $431,000 | 1,955 |
| Cash dividends | $902,000 | 1,929 |
| Sale, conversion, retirement of capital stock, net | $253,000 | 736 |
| Net operating income | $2,955,800 | 1,608 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $24,763,000 | 1,475 |
| Total interest expense | $12,552,000 | 1,404 |
| Net interest income | $12,211,000 | 1,509 |
| Provision for loan and lease losses | $2,550,000 | 953 |
| Total noninterest income | $1,030,000 | 3,235 |
| Gross Fiduciary activities income | $236,000 | 1,039 |
| Service charges on deposit accounts | $397,000 | 3,513 |
| Trading account gains and fees | $132,000 | 251 |
| Additional Noninterest Income | $265,000 | 4,781 |
| Total noninterest expense | $7,614,000 | 1,947 |
| Salaries and employee benefits | $3,023,000 | 2,175 |
| Premises and equipment expense | $586,000 | 3,436 |
| Additional noninterest expense | $4,005,000 | 1,584 |
| Pre-tax net operating income | $3,077,000 | 2,020 |
| Securities gains (losses) | $480,000 | 1,118 |
| Applicable income taxes | $1,369,000 | 1,568 |
| Income before extraordinary items | $2,188,000 | 2,102 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $2,188,000 | 2,128 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,159,000 | 920 |
| Cash dividends | $91,000 | 6,809 |
| Sale, conversion, retirement of capital stock, net | $1,000 | 1,141 |
| Net operating income | $1,880,800 | 2,259 |
* 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.