Home > Avco Bank, an industrial bank > Income and Expense

Avco Bank, an industrial bank, Income and Expense

1998-12-31 (YTD Data)Rank
Total interest income$304,00010,315
Total interest expense$54,00010,341
Net interest income$250,00010,257
Provision for loan and lease losses$98,0005,179
Total noninterest income$176,0007,878
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$99,0006,870
Trading account gains and feesNANA
Additional Noninterest Income$77,0007,275
Total noninterest expense$233,00010,349
Salaries and employee benefits$130,00010,315
Premises and equipment expense$18,00010,330
Additional noninterest expense$85,00010,234
Pre-tax net operating income$95,0009,431
Securities gains (losses)$04,449
Applicable income taxes$34,0008,631
Income before extraordinary items$61,0009,560
Extraordinary gains, net$032
Net income$61,0009,559
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$116,0003,378
Cash dividends$07,473
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$61,0009,498
1997-12-31 (YTD Data)Rank
Total interest income$427,00010,743
Total interest expense$116,00010,763
Net interest income$311,00010,671
Provision for loan and lease losses$25,0007,608
Total noninterest income$237,0007,373
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$148,0006,194
Trading account gains and feesNANA
Additional Noninterest Income$89,0007,113
Total noninterest expense$236,00010,792
Salaries and employee benefits$166,00010,672
Premises and equipment expense$27,00010,663
Additional noninterest expense$43,00010,850
Pre-tax net operating income$287,0009,064
Securities gains (losses)$03,944
Applicable income taxes$99,0008,414
Income before extraordinary items$188,0009,266
Extraordinary gains, net$044
Net income$188,0009,269
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$48,0005,227
Cash dividends$07,871
Sale, conversion, retirement of capital stock, net$01,030
Net operating income$188,0009,218
1996-12-31 (YTD Data)Rank
Total interest income$539,00011,231
Total interest expense$153,00011,279
Net interest income$386,00011,115
Provision for loan and lease losses$-25,00011,143
Total noninterest income$355,0006,377
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$246,0004,884
Trading account gains and feesNANA
Additional Noninterest Income$109,0006,886
Total noninterest expense$324,00011,165
Salaries and employee benefits$189,00011,070
Premises and equipment expense$21,00011,288
Additional noninterest expense$114,00010,961
Pre-tax net operating income$442,0008,263
Securities gains (losses)$04,148
Applicable income taxes$181,0007,425
Income before extraordinary items$270,0008,665
Extraordinary gains, net$053
Net income$270,0008,663
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,805
Cash dividends$08,336
Sale, conversion, retirement of capital stock, net$0953
Net operating income$270,0008,598
1995-12-31 (YTD Data)Rank
Total interest income$663,00011,661
Total interest expense$173,00011,783
Net interest income$490,00011,416
Provision for loan and lease losses$62,0005,662
Total noninterest income$520,0005,047
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$382,0003,499
Trading account gains and feesNANA
Additional Noninterest Income$138,0006,215
Total noninterest expense$304,00011,702
Salaries and employee benefits$165,00011,671
Premises and equipment expense$23,00011,756
Additional noninterest expense$116,00011,460
Pre-tax net operating income$644,0007,626
Securities gains (losses)$03,831
Applicable income taxes$233,0006,914
Income before extraordinary items$411,0007,957
Extraordinary gains, net$065
Net income$411,0007,956
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$97,0003,821
Cash dividends$08,717
Sale, conversion, retirement of capital stock, net$0809
Net operating income$411,0007,926
1994-12-31 (YTD Data)Rank
Total interest income$668,00012,242
Total interest expense$133,00012,471
Net interest income$535,00011,893
Provision for loan and lease losses$138,0003,794
Total noninterest income$434,0005,818
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$276,0004,674
Trading account gains and feesNANA
Additional Noninterest Income$158,0006,060
Total noninterest expense$257,00012,434
Salaries and employee benefits$161,00012,305
Premises and equipment expense$20,00012,430
Additional noninterest expense$76,00012,454
Pre-tax net operating income$574,0008,161
Securities gains (losses)$03,600
Applicable income taxes$212,0007,149
Income before extraordinary items$362,0008,531
Extraordinary gains, net$0249
Net income$362,0008,535
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$145,0003,030
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$362,0008,580
1993-12-31 (YTD Data)Rank
Total interest income$264,00013,195
Total interest expense$152,00013,108
Net interest income$112,00013,197
Provision for loan and lease losses$010,371
Total noninterest income$525,0005,421
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$353,0003,847
Trading account gains and feesNANA
Additional Noninterest Income$172,0006,134
Total noninterest expense$446,00012,431
Salaries and employee benefits$174,00012,833
Premises and equipment expense$39,00012,577
Additional noninterest expense$233,00011,281
Pre-tax net operating income$191,00011,123
Securities gains (losses)$07,477
Applicable income taxes$72,00010,417
Income before extraordinary items$119,00011,587
Extraordinary gains, net$03,149
Net income$119,00011,640
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$5,0009,155
Cash dividends$121,0006,514
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$119,00011,382
1992-12-31 (YTD Data)Rank
Total interest income$760,00013,407
Total interest expense$332,00013,397
Net interest income$428,00013,309
Provision for loan and lease losses$78,0007,978
Total noninterest income$422,0006,335
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$213,0005,752
Trading account gains and feesNANA
Additional Noninterest Income$209,0005,520
Total noninterest expense$588,00012,137
Salaries and employee benefits$243,00012,676
Premises and equipment expense$61,00012,225
Additional noninterest expense$284,00011,071
Pre-tax net operating income$184,00011,223
Securities gains (losses)$08,369
Applicable income taxes$71,00010,691
Income before extraordinary items$113,00011,769
Extraordinary gains, net$01,422
Net income$113,00011,842
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$89,0006,201
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$113,00011,454

* 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.