Home > The Norwich Savings Society > Income and Expense
The Norwich Savings Society, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $52,875,000 | 672 |
| Total interest expense | $23,550,000 | 712 |
| Net interest income | $29,325,000 | 624 |
| Provision for loan and lease losses | $1,400,000 | 767 |
| Total noninterest income | $4,160,000 | 1,051 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $2,475,000 | 533 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,685,000 | 1,233 |
| Total noninterest expense | $19,528,000 | 751 |
| Salaries and employee benefits | $9,707,000 | 712 |
| Premises and equipment expense | $3,356,000 | 615 |
| Additional noninterest expense | $6,465,000 | 802 |
| Pre-tax net operating income | $12,557,000 | 665 |
| Securities gains (losses) | $1,855,000 | 196 |
| Applicable income taxes | $5,717,000 | 559 |
| Income before extraordinary items | $8,695,000 | 658 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $8,695,000 | 658 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,903,000 | 392 |
| Cash dividends | $2,500,000 | 1,088 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $7,507,800 | 733 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $52,289,000 | 709 |
| Total interest expense | $25,342,000 | 697 |
| Net interest income | $26,947,000 | 704 |
| Provision for loan and lease losses | $1,400,000 | 792 |
| Total noninterest income | $4,293,000 | 1,054 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $1,854,000 | 720 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $2,439,000 | 1,016 |
| Total noninterest expense | $18,802,000 | 829 |
| Salaries and employee benefits | $9,463,000 | 733 |
| Premises and equipment expense | $3,113,000 | 718 |
| Additional noninterest expense | $6,226,000 | 969 |
| Pre-tax net operating income | $11,038,000 | 728 |
| Securities gains (losses) | $366,000 | 505 |
| Applicable income taxes | $4,563,000 | 633 |
| Income before extraordinary items | $6,841,000 | 791 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $6,841,000 | 792 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,146,000 | 439 |
| Cash dividends | $5,600,000 | 630 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $6,606,760 | 790 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $47,143,000 | 793 |
| Total interest expense | $22,797,000 | 788 |
| Net interest income | $24,346,000 | 794 |
| Provision for loan and lease losses | $5,500,000 | 302 |
| Total noninterest income | $3,064,000 | 1,342 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $1,375,000 | 972 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,689,000 | 1,274 |
| Total noninterest expense | $16,396,000 | 927 |
| Salaries and employee benefits | $7,446,000 | 920 |
| Premises and equipment expense | $2,511,000 | 870 |
| Additional noninterest expense | $6,439,000 | 920 |
| Pre-tax net operating income | $5,514,000 | 1,386 |
| Securities gains (losses) | $86,000 | 1,031 |
| Applicable income taxes | $-100,000 | 11,712 |
| Income before extraordinary items | $5,700,000 | 937 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $5,700,000 | 937 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,825,000 | 469 |
| Cash dividends | $4,500,000 | 693 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $5,614,000 | 945 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $37,806,000 | 862 |
| Total interest expense | $17,476,000 | 802 |
| Net interest income | $20,330,000 | 916 |
| Provision for loan and lease losses | $3,370,000 | 390 |
| Total noninterest income | $2,755,000 | 1,451 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,059,000 | 1,260 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,696,000 | 1,267 |
| Total noninterest expense | $18,581,000 | 855 |
| Salaries and employee benefits | $6,603,000 | 1,030 |
| Premises and equipment expense | $2,203,000 | 972 |
| Additional noninterest expense | $9,775,000 | 714 |
| Pre-tax net operating income | $1,134,000 | 5,450 |
| Securities gains (losses) | $290,000 | 391 |
| Applicable income taxes | $-2,926,000 | 12,570 |
| Income before extraordinary items | $4,350,000 | 1,165 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $4,350,000 | 1,165 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,405,000 | 323 |
| Cash dividends | $3,000,000 | 802 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $4,060,000 | 1,257 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $36,848,000 | 894 |
| Total interest expense | $19,045,000 | 741 |
| Net interest income | $17,803,000 | 1,035 |
| Provision for loan and lease losses | $0 | 10,371 |
| Total noninterest income | $3,137,000 | 1,410 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $963,000 | 1,388 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $2,174,000 | 1,184 |
| Total noninterest expense | $19,108,000 | 880 |
| Salaries and employee benefits | $6,475,000 | 1,066 |
| Premises and equipment expense | $2,255,000 | 975 |
| Additional noninterest expense | $10,378,000 | 740 |
| Pre-tax net operating income | $1,832,000 | 3,610 |
| Securities gains (losses) | $1,141,000 | 490 |
| Applicable income taxes | $1,040,000 | 2,159 |
| Income before extraordinary items | $1,933,000 | 2,599 |
| Extraordinary gains, net | $22,000 | 2,659 |
| Net income | $1,955,000 | 2,672 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,274,000 | 456 |
| Cash dividends | $2,240,000 | 922 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,191,350 | 3,841 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $43,208,000 | 879 |
| Total interest expense | $25,733,000 | 735 |
| Net interest income | $17,475,000 | 1,058 |
| Provision for loan and lease losses | $-801,000 | 13,902 |
| Total noninterest income | $2,779,000 | 1,529 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $921,000 | 1,455 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,858,000 | 1,304 |
| Total noninterest expense | $20,560,000 | 830 |
| Salaries and employee benefits | $6,404,000 | 1,055 |
| Premises and equipment expense | $2,479,000 | 939 |
| Additional noninterest expense | $11,677,000 | 686 |
| Pre-tax net operating income | $495,000 | 8,442 |
| Securities gains (losses) | $1,138,000 | 586 |
| Applicable income taxes | $816,000 | 2,560 |
| Income before extraordinary items | $817,000 | 5,278 |
| Extraordinary gains, net | $614,000 | 177 |
| Net income | $1,431,000 | 3,255 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,833,000 | 473 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $88,680 | 11,792 |
* 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.