Home > American Bank of Connecticut > Income and Expense
American Bank of Connecticut, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $58,937,000 | 598 |
| Total interest expense | $34,178,000 | 507 |
| Net interest income | $24,759,000 | 711 |
| Provision for loan and lease losses | $1,100,000 | 1,160 |
| Total noninterest income | $6,140,000 | 842 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,049,000 | 1,423 |
| Trading account gains and fees | $-19,000 | 9,565 |
| Additional Noninterest Income | $5,110,000 | 655 |
| Total noninterest expense | $17,692,000 | 852 |
| Salaries and employee benefits | $8,784,000 | 849 |
| Premises and equipment expense | $2,587,000 | 816 |
| Additional noninterest expense | $6,321,000 | 794 |
| Pre-tax net operating income | $12,107,000 | 647 |
| Securities gains (losses) | $-837,000 | 9,585 |
| Applicable income taxes | $3,170,000 | 799 |
| Income before extraordinary items | $8,100,000 | 694 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $8,100,000 | 696 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $64,000 | 4,784 |
| Cash dividends | $5,018,000 | 610 |
| Sale, conversion, retirement of capital stock, net | $5,691,000 | 158 |
| Net operating income | $8,702,640 | 618 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $57,941,000 | 634 |
| Total interest expense | $35,919,000 | 540 |
| Net interest income | $22,022,000 | 794 |
| Provision for loan and lease losses | $525,000 | 1,802 |
| Total noninterest income | $4,442,000 | 1,008 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $735,000 | 1,887 |
| Trading account gains and fees | $-225,000 | 4,522 |
| Additional Noninterest Income | $3,932,000 | 725 |
| Total noninterest expense | $12,989,000 | 1,077 |
| Salaries and employee benefits | $6,945,000 | 1,012 |
| Premises and equipment expense | $2,095,000 | 953 |
| Additional noninterest expense | $3,949,000 | 1,159 |
| Pre-tax net operating income | $12,950,000 | 621 |
| Securities gains (losses) | $2,202,000 | 87 |
| Applicable income taxes | $4,107,000 | 630 |
| Income before extraordinary items | $11,045,000 | 533 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $11,045,000 | 534 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-73,000 | 9,693 |
| Cash dividends | $4,735,000 | 654 |
| Sale, conversion, retirement of capital stock, net | $556,000 | 526 |
| Net operating income | $9,437,540 | 592 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $48,557,000 | 716 |
| Total interest expense | $27,632,000 | 600 |
| Net interest income | $20,925,000 | 844 |
| Provision for loan and lease losses | $450,000 | 1,911 |
| Total noninterest income | $2,749,000 | 1,454 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $692,000 | 1,925 |
| Trading account gains and fees | $-252,000 | 4,542 |
| Additional Noninterest Income | $2,309,000 | 1,039 |
| Total noninterest expense | $12,397,000 | 1,117 |
| Salaries and employee benefits | $6,917,000 | 995 |
| Premises and equipment expense | $1,808,000 | 1,110 |
| Additional noninterest expense | $3,672,000 | 1,255 |
| Pre-tax net operating income | $10,827,000 | 766 |
| Securities gains (losses) | $2,832,000 | 106 |
| Applicable income taxes | $3,558,000 | 769 |
| Income before extraordinary items | $10,101,000 | 618 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $10,101,000 | 618 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $432,000 | 1,364 |
| Cash dividends | $4,411,000 | 714 |
| Sale, conversion, retirement of capital stock, net | $1,096,000 | 490 |
| Net operating income | $8,005,320 | 721 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $46,113,000 | 731 |
| Total interest expense | $26,215,000 | 638 |
| Net interest income | $19,898,000 | 865 |
| Provision for loan and lease losses | $2,050,000 | 568 |
| Total noninterest income | $2,867,000 | 1,395 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $708,000 | 1,804 |
| Trading account gains and fees | $-290,000 | 4,444 |
| Additional Noninterest Income | $2,449,000 | 1,029 |
| Total noninterest expense | $11,720,000 | 1,123 |
| Salaries and employee benefits | $6,505,000 | 1,006 |
| Premises and equipment expense | $1,644,000 | 1,160 |
| Additional noninterest expense | $3,571,000 | 1,249 |
| Pre-tax net operating income | $8,995,000 | 878 |
| Securities gains (losses) | $2,784,000 | 191 |
| Applicable income taxes | $1,078,000 | 2,173 |
| Income before extraordinary items | $10,701,000 | 556 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $10,701,000 | 555 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $958,000 | 777 |
| Cash dividends | $4,089,000 | 751 |
| Sale, conversion, retirement of capital stock, net | $1,221,000 | 446 |
| Net operating income | $8,167,560 | 672 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $43,267,000 | 794 |
| Total interest expense | $24,140,000 | 694 |
| Net interest income | $19,127,000 | 937 |
| Provision for loan and lease losses | $1,800,000 | 635 |
| Total noninterest income | $1,568,000 | 2,121 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $728,000 | 1,783 |
| Trading account gains and fees | $-397,000 | 4,497 |
| Additional Noninterest Income | $1,237,000 | 1,519 |
| Total noninterest expense | $10,841,000 | 1,223 |
| Salaries and employee benefits | $6,207,000 | 1,064 |
| Premises and equipment expense | $1,393,000 | 1,399 |
| Additional noninterest expense | $3,241,000 | 1,346 |
| Pre-tax net operating income | $8,054,000 | 1,018 |
| Securities gains (losses) | $3,502,000 | 120 |
| Applicable income taxes | $3,616,000 | 793 |
| Income before extraordinary items | $7,940,000 | 714 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $7,940,000 | 715 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,250,000 | 681 |
| Cash dividends | $3,608,000 | 814 |
| Sale, conversion, retirement of capital stock, net | $19,000 | 919 |
| Net operating income | $5,523,620 | 977 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $37,869,000 | 924 |
| Total interest expense | $20,295,000 | 838 |
| Net interest income | $17,574,000 | 1,037 |
| Provision for loan and lease losses | $1,525,000 | 749 |
| Total noninterest income | $2,575,000 | 1,512 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $730,000 | 1,858 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,845,000 | 1,213 |
| Total noninterest expense | $10,716,000 | 1,341 |
| Salaries and employee benefits | $5,451,000 | 1,221 |
| Premises and equipment expense | $1,674,000 | 1,240 |
| Additional noninterest expense | $3,591,000 | 1,484 |
| Pre-tax net operating income | $7,908,000 | 970 |
| Securities gains (losses) | $1,901,000 | 158 |
| Applicable income taxes | $3,180,000 | 831 |
| Income before extraordinary items | $6,629,000 | 808 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $6,629,000 | 809 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,010,000 | 574 |
| Cash dividends | $3,207,000 | 901 |
| Sale, conversion, retirement of capital stock, net | $-468,000 | 11,397 |
| Net operating income | $5,336,320 | 966 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $32,926,000 | 1,074 |
| Total interest expense | $16,942,000 | 1,001 |
| Net interest income | $15,984,000 | 1,151 |
| Provision for loan and lease losses | $2,475,000 | 505 |
| Total noninterest income | $1,220,000 | 2,680 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $875,000 | 1,550 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $345,000 | 3,648 |
| Total noninterest expense | $12,131,000 | 1,205 |
| Salaries and employee benefits | $5,154,000 | 1,293 |
| Premises and equipment expense | $1,480,000 | 1,397 |
| Additional noninterest expense | $5,497,000 | 1,041 |
| Pre-tax net operating income | $2,598,000 | 2,741 |
| Securities gains (losses) | $3,685,000 | 79 |
| Applicable income taxes | $1,695,000 | 1,473 |
| Income before extraordinary items | $4,588,000 | 1,148 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $4,588,000 | 1,146 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,979,000 | 571 |
| Cash dividends | $2,950,000 | 941 |
| Sale, conversion, retirement of capital stock, net | $151,000 | 516 |
| Net operating income | $1,897,950 | 2,598 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $30,895,000 | 1,026 |
| Total interest expense | $13,753,000 | 968 |
| Net interest income | $17,142,000 | 1,077 |
| Provision for loan and lease losses | $800,000 | 1,087 |
| Total noninterest income | $1,305,000 | 2,572 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $977,000 | 1,372 |
| Trading account gains and fees | $-75,000 | 4,863 |
| Additional Noninterest Income | $403,000 | 3,388 |
| Total noninterest expense | $10,119,000 | 1,449 |
| Salaries and employee benefits | $5,069,000 | 1,330 |
| Premises and equipment expense | $1,499,000 | 1,389 |
| Additional noninterest expense | $3,551,000 | 1,568 |
| Pre-tax net operating income | $7,528,000 | 1,015 |
| Securities gains (losses) | $1,117,000 | 157 |
| Applicable income taxes | $2,395,000 | 1,039 |
| Income before extraordinary items | $6,250,000 | 840 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $6,250,000 | 842 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,388,000 | 495 |
| Cash dividends | $2,926,000 | 835 |
| Sale, conversion, retirement of capital stock, net | $133,000 | 757 |
| Net operating income | $5,445,760 | 953 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $31,268,000 | 1,024 |
| Total interest expense | $14,702,000 | 946 |
| Net interest income | $16,566,000 | 1,105 |
| Provision for loan and lease losses | $900,000 | 1,396 |
| Total noninterest income | $1,479,000 | 2,471 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,075,000 | 1,259 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $404,000 | 3,725 |
| Total noninterest expense | $11,557,000 | 1,328 |
| Salaries and employee benefits | $4,874,000 | 1,376 |
| Premises and equipment expense | $1,501,000 | 1,423 |
| Additional noninterest expense | $5,182,000 | 1,243 |
| Pre-tax net operating income | $5,588,000 | 1,239 |
| Securities gains (losses) | $3,322,000 | 218 |
| Applicable income taxes | $2,811,000 | 910 |
| Income before extraordinary items | $6,099,000 | 856 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $6,099,000 | 888 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $520,000 | 1,723 |
| Cash dividends | $2,914,000 | 748 |
| Sale, conversion, retirement of capital stock, net | $25,000 | 1,055 |
| Net operating income | $3,840,040 | 1,237 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $33,221,000 | 1,091 |
| Total interest expense | $16,867,000 | 1,071 |
| Net interest income | $16,354,000 | 1,138 |
| Provision for loan and lease losses | $4,637,000 | 623 |
| Total noninterest income | $1,809,000 | 2,074 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,002,000 | 1,333 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $807,000 | 2,300 |
| Total noninterest expense | $13,481,000 | 1,176 |
| Salaries and employee benefits | $4,453,000 | 1,489 |
| Premises and equipment expense | $1,281,000 | 1,660 |
| Additional noninterest expense | $7,747,000 | 939 |
| Pre-tax net operating income | $45,000 | 12,446 |
| Securities gains (losses) | $5,142,000 | 202 |
| Applicable income taxes | $1,169,000 | 1,803 |
| Income before extraordinary items | $4,018,000 | 1,165 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $4,018,000 | 1,168 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,290,000 | 882 |
| Cash dividends | $2,895,000 | 614 |
| Sale, conversion, retirement of capital stock, net | $206,000 | 720 |
| Net operating income | $58,660 | 12,197 |
* 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.