Home > The Troy Savings Bank > Income and Expense
The Troy Savings Bank, Income and Expense
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $55,923,000 | 512 |
| Total interest expense | $16,221,000 | 557 |
| Net interest income | $39,702,000 | 493 |
| Provision for loan and lease losses | $682,000 | 1,653 |
| Total noninterest income | $6,871,000 | 873 |
| Gross Fiduciary activities income | $709,000 | 452 |
| Service charges on deposit accounts | $2,443,000 | 703 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $3,719,000 | 943 |
| Total noninterest expense | $29,892,000 | 569 |
| Salaries and employee benefits | $18,561,000 | 479 |
| Premises and equipment expense | $3,626,000 | 627 |
| Additional noninterest expense | $7,705,000 | 689 |
| Pre-tax net operating income | $15,999,000 | 564 |
| Securities gains (losses) | $1,448,000 | 369 |
| Applicable income taxes | $6,576,000 | 497 |
| Income before extraordinary items | $10,871,000 | 613 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $10,871,000 | 615 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $632,000 | 1,330 |
| Cash dividends | $9,250,000 | 401 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $9,944,280 | 619 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $43,061,000 | 514 |
| Total interest expense | $12,699,000 | 560 |
| Net interest income | $30,362,000 | 496 |
| Provision for loan and lease losses | $410,000 | 1,983 |
| Total noninterest income | $5,280,000 | 889 |
| Gross Fiduciary activities income | $541,000 | 460 |
| Service charges on deposit accounts | $1,791,000 | 723 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $2,948,000 | 930 |
| Total noninterest expense | $21,995,000 | 597 |
| Salaries and employee benefits | $13,749,000 | 500 |
| Premises and equipment expense | $2,709,000 | 640 |
| Additional noninterest expense | $5,537,000 | 712 |
| Pre-tax net operating income | $13,237,000 | 540 |
| Securities gains (losses) | $1,460,000 | 346 |
| Applicable income taxes | $5,411,000 | 476 |
| Income before extraordinary items | $9,286,000 | 581 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $9,286,000 | 580 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $364,000 | 1,499 |
| Cash dividends | $6,000,000 | 422 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $8,351,600 | 573 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $29,512,000 | 507 |
| Total interest expense | $8,891,000 | 558 |
| Net interest income | $20,621,000 | 498 |
| Provision for loan and lease losses | $270,000 | 1,999 |
| Total noninterest income | $3,560,000 | 867 |
| Gross Fiduciary activities income | $363,000 | 460 |
| Service charges on deposit accounts | $1,140,000 | 750 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $2,057,000 | 901 |
| Total noninterest expense | $14,373,000 | 600 |
| Salaries and employee benefits | $9,092,000 | 498 |
| Premises and equipment expense | $1,853,000 | 632 |
| Additional noninterest expense | $3,428,000 | 759 |
| Pre-tax net operating income | $9,538,000 | 503 |
| Securities gains (losses) | $57,000 | 1,923 |
| Applicable income taxes | $3,503,000 | 496 |
| Income before extraordinary items | $6,092,000 | 587 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $6,092,000 | 586 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $232,000 | 1,489 |
| Cash dividends | $3,000,000 | 508 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $6,055,520 | 541 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $14,908,000 | 510 |
| Total interest expense | $4,622,000 | 551 |
| Net interest income | $10,286,000 | 499 |
| Provision for loan and lease losses | $150,000 | 1,666 |
| Total noninterest income | $1,773,000 | 855 |
| Gross Fiduciary activities income | $176,000 | 476 |
| Service charges on deposit accounts | $503,000 | 823 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $1,094,000 | 845 |
| Total noninterest expense | $7,149,000 | 598 |
| Salaries and employee benefits | $4,515,000 | 500 |
| Premises and equipment expense | $942,000 | 614 |
| Additional noninterest expense | $1,692,000 | 750 |
| Pre-tax net operating income | $4,760,000 | 511 |
| Securities gains (losses) | $-1,000 | 8,995 |
| Applicable income taxes | $1,729,000 | 506 |
| Income before extraordinary items | $3,030,000 | 578 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $3,030,000 | 576 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $127,000 | 1,271 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $3,030,640 | 542 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $62,930,000 | 511 |
| Total interest expense | $22,372,000 | 526 |
| Net interest income | $40,558,000 | 505 |
| Provision for loan and lease losses | $950,000 | 1,410 |
| Total noninterest income | $6,919,000 | 799 |
| Gross Fiduciary activities income | $690,000 | 478 |
| Service charges on deposit accounts | $1,988,000 | 804 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $4,241,000 | 785 |
| Total noninterest expense | $27,551,000 | 598 |
| Salaries and employee benefits | $17,157,000 | 495 |
| Premises and equipment expense | $3,536,000 | 633 |
| Additional noninterest expense | $6,858,000 | 745 |
| Pre-tax net operating income | $18,976,000 | 496 |
| Securities gains (losses) | $19,000 | 3,191 |
| Applicable income taxes | $6,692,000 | 475 |
| Income before extraordinary items | $12,303,000 | 543 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $12,303,000 | 545 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $753,000 | 1,215 |
| Cash dividends | $22,900,000 | 223 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $12,290,650 | 517 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $70,066,000 | 514 |
| Total interest expense | $31,911,000 | 545 |
| Net interest income | $38,155,000 | 495 |
| Provision for loan and lease losses | $1,498,000 | 910 |
| Total noninterest income | $5,198,000 | 960 |
| Gross Fiduciary activities income | $880,000 | 445 |
| Service charges on deposit accounts | $1,724,000 | 856 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $2,594,000 | 1,039 |
| Total noninterest expense | $26,555,000 | 610 |
| Salaries and employee benefits | $15,272,000 | 519 |
| Premises and equipment expense | $3,620,000 | 607 |
| Additional noninterest expense | $7,663,000 | 689 |
| Pre-tax net operating income | $15,300,000 | 529 |
| Securities gains (losses) | $42,000 | 2,526 |
| Applicable income taxes | $5,373,000 | 521 |
| Income before extraordinary items | $9,969,000 | 578 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $9,969,000 | 579 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,308,000 | 773 |
| Cash dividends | $7,000,000 | 473 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $9,941,700 | 554 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $60,088,000 | 621 |
| Total interest expense | $27,194,000 | 676 |
| Net interest income | $32,894,000 | 570 |
| Provision for loan and lease losses | $2,129,000 | 583 |
| Total noninterest income | $4,014,000 | 1,067 |
| Gross Fiduciary activities income | $699,000 | 499 |
| Service charges on deposit accounts | $1,150,000 | 1,174 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $2,165,000 | 1,075 |
| Total noninterest expense | $23,422,000 | 672 |
| Salaries and employee benefits | $13,149,000 | 554 |
| Premises and equipment expense | $3,107,000 | 677 |
| Additional noninterest expense | $7,166,000 | 733 |
| Pre-tax net operating income | $11,357,000 | 698 |
| Securities gains (losses) | $-515,000 | 9,710 |
| Applicable income taxes | $3,160,000 | 793 |
| Income before extraordinary items | $7,682,000 | 708 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $7,682,000 | 708 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,172,000 | 670 |
| Cash dividends | $79,705,000 | 103 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $8,047,650 | 677 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $53,116,000 | 658 |
| Total interest expense | $23,990,000 | 680 |
| Net interest income | $29,126,000 | 653 |
| Provision for loan and lease losses | $3,236,000 | 392 |
| Total noninterest income | $3,821,000 | 1,129 |
| Gross Fiduciary activities income | $718,000 | 538 |
| Service charges on deposit accounts | $913,000 | 1,421 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $2,190,000 | 1,080 |
| Total noninterest expense | $22,573,000 | 694 |
| Salaries and employee benefits | $10,960,000 | 652 |
| Premises and equipment expense | $2,958,000 | 702 |
| Additional noninterest expense | $8,655,000 | 668 |
| Pre-tax net operating income | $7,138,000 | 1,088 |
| Securities gains (losses) | $10,000 | 1,755 |
| Applicable income taxes | $1,799,000 | 1,356 |
| Income before extraordinary items | $5,349,000 | 1,036 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $5,349,000 | 1,035 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,171,000 | 642 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $-9,026,000 | 10,211 |
| Net operating income | $5,341,500 | 1,019 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $48,152,000 | 700 |
| Total interest expense | $24,403,000 | 679 |
| Net interest income | $23,749,000 | 732 |
| Provision for loan and lease losses | $4,783,000 | 335 |
| Total noninterest income | $2,973,000 | 1,356 |
| Gross Fiduciary activities income | $505,000 | 634 |
| Service charges on deposit accounts | $873,000 | 1,436 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $1,595,000 | 1,349 |
| Total noninterest expense | $19,187,000 | 773 |
| Salaries and employee benefits | $10,247,000 | 677 |
| Premises and equipment expense | $3,288,000 | 650 |
| Additional noninterest expense | $5,652,000 | 880 |
| Pre-tax net operating income | $2,752,000 | 2,571 |
| Securities gains (losses) | $-240,000 | 10,422 |
| Applicable income taxes | $50,000 | 8,328 |
| Income before extraordinary items | $2,462,000 | 2,113 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $2,462,000 | 2,112 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,734,000 | 511 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $2,697,200 | 1,865 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $48,426,000 | 710 |
| Total interest expense | $23,635,000 | 708 |
| Net interest income | $24,791,000 | 733 |
| Provision for loan and lease losses | $3,110,000 | 425 |
| Total noninterest income | $2,430,000 | 1,512 |
| Gross Fiduciary activities income | $374,000 | 753 |
| Service charges on deposit accounts | $802,000 | 1,619 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,254,000 | 1,503 |
| Total noninterest expense | $24,669,000 | 611 |
| Salaries and employee benefits | $9,725,000 | 710 |
| Premises and equipment expense | $3,122,000 | 669 |
| Additional noninterest expense | $11,822,000 | 506 |
| Pre-tax net operating income | $-558,000 | 10,760 |
| Securities gains (losses) | $-11,000 | 10,082 |
| Applicable income taxes | $-658,000 | 10,872 |
| Income before extraordinary items | $89,000 | 10,026 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $89,000 | 10,028 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,894,000 | 518 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $96,040 | 9,944 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $47,214,000 | 770 |
| Total interest expense | $22,898,000 | 760 |
| Net interest income | $24,316,000 | 766 |
| Provision for loan and lease losses | $1,648,000 | 716 |
| Total noninterest income | $3,364,000 | 1,249 |
| Gross Fiduciary activities income | $313,000 | 845 |
| Service charges on deposit accounts | $803,000 | 1,657 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $2,248,000 | 1,064 |
| Total noninterest expense | $17,792,000 | 875 |
| Salaries and employee benefits | $9,256,000 | 753 |
| Premises and equipment expense | $3,058,000 | 725 |
| Additional noninterest expense | $5,478,000 | 1,058 |
| Pre-tax net operating income | $8,240,000 | 932 |
| Securities gains (losses) | $-10,000 | 10,276 |
| Applicable income taxes | $2,828,000 | 916 |
| Income before extraordinary items | $5,402,000 | 977 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $5,402,000 | 978 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,220,000 | 792 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $5,408,600 | 957 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $45,663,000 | 816 |
| Total interest expense | $22,166,000 | 808 |
| Net interest income | $23,497,000 | 814 |
| Provision for loan and lease losses | $1,085,000 | 886 |
| Total noninterest income | $4,089,000 | 1,102 |
| Gross Fiduciary activities income | $265,000 | 932 |
| Service charges on deposit accounts | $809,000 | 1,666 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $3,015,000 | 884 |
| Total noninterest expense | $18,818,000 | 825 |
| Salaries and employee benefits | $8,184,000 | 849 |
| Premises and equipment expense | $2,737,000 | 816 |
| Additional noninterest expense | $7,897,000 | 805 |
| Pre-tax net operating income | $7,683,000 | 1,017 |
| Securities gains (losses) | $71,000 | 1,109 |
| Applicable income taxes | $2,091,000 | 1,229 |
| Income before extraordinary items | $5,663,000 | 942 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $5,663,000 | 942 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $847,000 | 983 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $5,611,170 | 947 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $40,317,000 | 826 |
| Total interest expense | $17,710,000 | 791 |
| Net interest income | $22,607,000 | 834 |
| Provision for loan and lease losses | $1,570,000 | 682 |
| Total noninterest income | $2,613,000 | 1,512 |
| Gross Fiduciary activities income | $127,000 | 1,124 |
| Service charges on deposit accounts | $776,000 | 1,740 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,710,000 | 1,257 |
| Total noninterest expense | $15,120,000 | 1,002 |
| Salaries and employee benefits | $7,053,000 | 970 |
| Premises and equipment expense | $1,975,000 | 1,080 |
| Additional noninterest expense | $6,092,000 | 1,007 |
| Pre-tax net operating income | $8,530,000 | 909 |
| Securities gains (losses) | $42,000 | 1,262 |
| Applicable income taxes | $3,478,000 | 766 |
| Income before extraordinary items | $5,094,000 | 1,002 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $5,094,000 | 998 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $376,000 | 1,651 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $5,067,120 | 1,018 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $39,412,000 | 842 |
| Total interest expense | $19,533,000 | 731 |
| Net interest income | $19,879,000 | 932 |
| Provision for loan and lease losses | $1,140,000 | 1,192 |
| Total noninterest income | $3,194,000 | 1,389 |
| Gross Fiduciary activities income | $45,000 | 1,362 |
| Service charges on deposit accounts | $784,000 | 1,743 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $2,365,000 | 1,131 |
| Total noninterest expense | $14,218,000 | 1,108 |
| Salaries and employee benefits | $6,341,000 | 1,086 |
| Premises and equipment expense | $1,888,000 | 1,125 |
| Additional noninterest expense | $5,989,000 | 1,101 |
| Pre-tax net operating income | $7,715,000 | 940 |
| Securities gains (losses) | $635,000 | 771 |
| Applicable income taxes | $3,325,000 | 772 |
| Income before extraordinary items | $5,025,000 | 1,032 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $5,025,000 | 1,061 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $749,000 | 1,375 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $4,618,600 | 1,048 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $43,856,000 | 869 |
| Total interest expense | $25,605,000 | 738 |
| Net interest income | $18,251,000 | 1,015 |
| Provision for loan and lease losses | $870,000 | 2,036 |
| Total noninterest income | $2,358,000 | 1,728 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $823,000 | 1,660 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,535,000 | 1,492 |
| Total noninterest expense | $14,378,000 | 1,104 |
| Salaries and employee benefits | $6,050,000 | 1,105 |
| Premises and equipment expense | $1,977,000 | 1,129 |
| Additional noninterest expense | $6,351,000 | 1,085 |
| Pre-tax net operating income | $5,361,000 | 1,204 |
| Securities gains (losses) | $606,000 | 927 |
| Applicable income taxes | $2,426,000 | 960 |
| Income before extraordinary items | $3,541,000 | 1,322 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $3,541,000 | 1,322 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $810,000 | 1,804 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $3,153,160 | 1,371 |
* 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.