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The Ramapo Bank, Income and Expense

1998-12-31 (YTD Data)Rank
Total interest income$21,679,0001,492
Total interest expense$7,755,0001,970
Net interest income$13,924,0001,218
Provision for loan and lease losses$275,0002,807
Total noninterest income$2,432,0001,574
Gross Fiduciary activities income$01,398
Service charges on deposit accounts$1,345,000923
Trading account gains and fees$0224
Additional Noninterest Income$1,087,0001,746
Total noninterest expense$9,726,0001,349
Salaries and employee benefits$5,433,0001,206
Premises and equipment expense$1,673,0001,147
Additional noninterest expense$2,620,0001,643
Pre-tax net operating income$6,355,0001,174
Securities gains (losses)$1,0004,151
Applicable income taxes$2,299,0001,091
Income before extraordinary items$4,057,0001,309
Extraordinary gains, net$032
Net income$4,057,0001,309
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$130,0003,185
Cash dividends$4,218,000729
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$4,056,3601,258
1997-12-31 (YTD Data)Rank
Total interest income$19,764,0001,671
Total interest expense$6,414,0002,341
Net interest income$13,350,0001,299
Provision for loan and lease losses$480,0001,829
Total noninterest income$2,211,0001,639
Gross Fiduciary activities income$01,450
Service charges on deposit accounts$1,368,000930
Trading account gains and fees$0239
Additional Noninterest Income$843,0001,963
Total noninterest expense$9,679,0001,359
Salaries and employee benefits$5,117,0001,285
Premises and equipment expense$1,702,0001,169
Additional noninterest expense$2,860,0001,502
Pre-tax net operating income$5,402,0001,441
Securities gains (losses)$-14,00010,204
Applicable income taxes$2,000,0001,330
Income before extraordinary items$3,388,0001,593
Extraordinary gains, net$044
Net income$3,388,0001,594
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$967,000821
Cash dividends$973,0002,253
Sale, conversion, retirement of capital stock, net$01,030
Net operating income$3,396,9601,554
1996-12-31 (YTD Data)Rank
Total interest income$18,338,0001,847
Total interest expense$5,929,0002,576
Net interest income$12,409,0001,447
Provision for loan and lease losses$400,0002,077
Total noninterest income$2,295,0001,647
Gross Fiduciary activities income$01,526
Service charges on deposit accounts$1,392,000956
Trading account gains and fees$0262
Additional Noninterest Income$903,0001,941
Total noninterest expense$9,758,0001,463
Salaries and employee benefits$4,678,0001,433
Premises and equipment expense$1,461,0001,393
Additional noninterest expense$3,619,0001,471
Pre-tax net operating income$4,546,0001,596
Securities gains (losses)$-16,00010,516
Applicable income taxes$1,344,0001,779
Income before extraordinary items$3,186,0001,560
Extraordinary gains, net$053
Net income$3,186,0001,562
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$138,0003,326
Cash dividends$324,0004,350
Sale, conversion, retirement of capital stock, net$0953
Net operating income$3,197,2001,521
1995-12-31 (YTD Data)Rank
Total interest income$18,343,0001,845
Total interest expense$6,289,0002,442
Net interest income$12,054,0001,490
Provision for loan and lease losses$500,0001,563
Total noninterest income$2,660,0001,466
Gross Fiduciary activities income$01,590
Service charges on deposit accounts$1,515,000879
Trading account gains and fees$0522
Additional Noninterest Income$1,145,0001,643
Total noninterest expense$11,969,0001,222
Salaries and employee benefits$4,454,0001,488
Premises and equipment expense$1,370,0001,498
Additional noninterest expense$6,145,000953
Pre-tax net operating income$2,245,0003,160
Securities gains (losses)$33,0001,557
Applicable income taxes$-4,219,00011,949
Income before extraordinary items$6,497,000859
Extraordinary gains, net$065
Net income$6,497,000858
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,148,000544
Cash dividends$08,717
Sale, conversion, retirement of capital stock, net$0809
Net operating income$6,464,000850
1994-12-31 (YTD Data)Rank
Total interest income$14,919,0002,075
Total interest expense$4,672,0002,623
Net interest income$10,247,0001,765
Provision for loan and lease losses$1,222,000810
Total noninterest income$3,492,0001,211
Gross Fiduciary activities income$22,0001,410
Service charges on deposit accounts$1,388,000951
Trading account gains and fees$0475
Additional Noninterest Income$2,082,0001,102
Total noninterest expense$12,888,0001,165
Salaries and employee benefits$5,007,0001,350
Premises and equipment expense$1,481,0001,411
Additional noninterest expense$6,400,000966
Pre-tax net operating income$-371,00012,337
Securities gains (losses)$03,600
Applicable income taxes$-286,00012,427
Income before extraordinary items$-85,00012,140
Extraordinary gains, net$0249
Net income$-85,00012,141
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,602,000458
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$-85,00012,156
1993-12-31 (YTD Data)Rank
Total interest income$19,276,0001,633
Total interest expense$7,924,0001,661
Net interest income$11,352,0001,589
Provision for loan and lease losses$3,866,000519
Total noninterest income$9,099,000646
Gross Fiduciary activities income$390,000850
Service charges on deposit accounts$1,547,000842
Trading account gains and fees$2,696,00090
Additional Noninterest Income$4,466,000739
Total noninterest expense$25,650,000693
Salaries and employee benefits$5,802,0001,167
Premises and equipment expense$1,532,0001,395
Additional noninterest expense$18,316,000500
Pre-tax net operating income$-9,065,00013,218
Securities gains (losses)$11,0005,374
Applicable income taxes$-1,026,00013,182
Income before extraordinary items$-8,028,00013,191
Extraordinary gains, net$03,149
Net income$-8,028,00013,192
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$4,360,000448
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$-8,037,79013,182
1992-12-31 (YTD Data)Rank
Total interest income$20,068,0001,760
Total interest expense$8,872,0001,912
Net interest income$11,196,0001,647
Provision for loan and lease losses$6,357,000516
Total noninterest income$10,496,000579
Gross Fiduciary activities income$579,000715
Service charges on deposit accounts$1,365,000956
Trading account gains and fees$2,549,00096
Additional Noninterest Income$6,003,000590
Total noninterest expense$21,076,000804
Salaries and employee benefits$4,389,0001,510
Premises and equipment expense$1,347,0001,579
Additional noninterest expense$15,340,000563
Pre-tax net operating income$-5,741,00013,807
Securities gains (losses)$08,369
Applicable income taxes$-718,00013,796
Income before extraordinary items$-5,023,00013,803
Extraordinary gains, net$683,000158
Net income$-4,340,00013,779
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$3,688,000643
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$-5,023,00013,769

* 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.