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Bank of America, Income and Expense

1998-12-31 (YTD Data)		Rank
Total interest income	$17,984,000,000	2
Total interest expense	$8,737,000,000	3
Net interest income	$9,247,000,000	2
Provision for loan and lease losses	$317,000,000	17
Total noninterest income	$5,603,000,000	3
Gross Fiduciary activities income	$657,000,000	8
Service charges on deposit accounts	$1,863,000,000	1
Trading account gains and fees	$187,000,000	6
Additional Noninterest Income	$2,896,000,000	4
Total noninterest expense	$9,176,000,000	2
Salaries and employee benefits	$3,707,000,000	4
Premises and equipment expense	$1,543,000,000	2
Additional noninterest expense	$3,926,000,000	4
Pre-tax net operating income	$5,357,000,000	1
Securities gains (losses)	$842,000,000	1
Applicable income taxes	$2,170,000,000	1
Income before extraordinary items	$4,029,000,000	1
Extraordinary gains, net	$0	32
Net income	$4,029,000,000	1
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$460,000,000	9
Cash dividends	$3,384,000,000	1
Sale, conversion, retirement of capital stock, net	$130,000,000	5
Net operating income	$3,481,700,000	1
1997-12-31 (YTD Data)		Rank
Total interest income	$11,405,948,000	4
Total interest expense	$5,840,019,000	5
Net interest income	$5,565,929,000	4
Provision for loan and lease losses	$133,401,000	35
Total noninterest income	$2,411,017,000	8
Gross Fiduciary activities income	$351,228,000	13
Service charges on deposit accounts	$1,030,353,000	2
Trading account gains and fees	$254,082,000	6
Additional Noninterest Income	$775,354,000	19
Total noninterest expense	$4,785,414,000	4
Salaries and employee benefits	$1,844,284,000	4
Premises and equipment expense	$695,894,000	6
Additional noninterest expense	$2,245,236,000	4
Pre-tax net operating income	$3,058,131,000	4
Securities gains (losses)	$120,898,000	3
Applicable income taxes	$1,184,188,000	4
Income before extraordinary items	$1,994,841,000	4
Extraordinary gains, net	$0	44
Net income	$1,994,841,000	4
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$225,413,000	20
Cash dividends	$3,053,429,000	1
Sale, conversion, retirement of capital stock, net	$26,699,000	34
Net operating income	$1,917,466,280	4
1996-12-31 (YTD Data)		Rank
Total interest income	$5,241,597,000	6
Total interest expense	$2,958,404,000	6
Net interest income	$2,283,193,000	5
Provision for loan and lease losses	$44,179,000	79
Total noninterest income	$1,244,498,000	14
Gross Fiduciary activities income	$207,680,000	12
Service charges on deposit accounts	$374,611,000	3
Trading account gains and fees	$188,762,000	6
Additional Noninterest Income	$473,445,000	25
Total noninterest expense	$2,317,905,000	7
Salaries and employee benefits	$941,748,000	7
Premises and equipment expense	$350,599,000	6
Additional noninterest expense	$1,025,558,000	9
Pre-tax net operating income	$1,165,607,000	8
Securities gains (losses)	$76,868,000	4
Applicable income taxes	$435,428,000	8
Income before extraordinary items	$807,047,000	6
Extraordinary gains, net	$0	53
Net income	$807,047,000	6
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$149,765,000	25
Cash dividends	$351,653,000	20
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$757,082,800	7
1995-12-31 (YTD Data)		Rank
Total interest income	$5,153,096,000	6
Total interest expense	$3,121,873,000	6
Net interest income	$2,031,223,000	7
Provision for loan and lease losses	$-83,909,000	11,970
Total noninterest income	$1,184,592,000	13
Gross Fiduciary activities income	$183,978,000	13
Service charges on deposit accounts	$359,100,000	3
Trading account gains and fees	$187,958,000	7
Additional Noninterest Income	$453,556,000	20
Total noninterest expense	$2,190,902,000	8
Salaries and employee benefits	$931,749,000	8
Premises and equipment expense	$346,759,000	7
Additional noninterest expense	$912,394,000	9
Pre-tax net operating income	$1,108,822,000	6
Securities gains (losses)	$10,930,000	29
Applicable income taxes	$402,576,000	8
Income before extraordinary items	$717,176,000	7
Extraordinary gains, net	$0	65
Net income	$717,176,000	7
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$73,851,000	40
Cash dividends	$421,694,000	9
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$710,180,800	6
1994-12-31 (YTD Data)		Rank
Total interest income	$605,703,000	82
Total interest expense	$241,960,000	95
Net interest income	$363,743,000	73
Provision for loan and lease losses	$5,900,000	261
Total noninterest income	$75,696,000	175
Gross Fiduciary activities income	$19,681,000	101
Service charges on deposit accounts	$45,953,000	68
Trading account gains and fees	$137,000	223
Additional Noninterest Income	$9,925,000	419
Total noninterest expense	$254,497,000	108
Salaries and employee benefits	$63,753,000	156
Premises and equipment expense	$30,601,000	118
Additional noninterest expense	$160,143,000	85
Pre-tax net operating income	$179,042,000	79
Securities gains (losses)	$-11,238,000	12,578
Applicable income taxes	$60,258,000	78
Income before extraordinary items	$107,546,000	82
Extraordinary gains, net	$0	249
Net income	$107,546,000	82
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$12,793,000	157
Cash dividends	$154,040,000	37
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$114,738,320	79
1993-12-31 (YTD Data)		Rank
Total interest income	$17,682,000	1,773
Total interest expense	$6,438,000	2,006
Net interest income	$11,244,000	1,602
Provision for loan and lease losses	$500,000	2,086
Total noninterest income	$3,044,000	1,444
Gross Fiduciary activities income	$0	1,630
Service charges on deposit accounts	$1,960,000	697
Trading account gains and fees	$0	532
Additional Noninterest Income	$1,084,000	1,926
Total noninterest expense	$10,414,000	1,466
Salaries and employee benefits	$5,218,000	1,286
Premises and equipment expense	$1,814,000	1,178
Additional noninterest expense	$3,382,000	1,730
Pre-tax net operating income	$3,374,000	2,020
Securities gains (losses)	$-3,000	12,455
Applicable income taxes	$172,000	8,163
Income before extraordinary items	$3,199,000	1,592
Extraordinary gains, net	$160,000	1,179
Net income	$3,359,000	1,561
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$749,000	1,375
Cash dividends	$200,000	5,372
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$3,201,850	1,499
1992-12-31 (YTD Data)		Rank
Total interest income	$19,174,000	1,845
Total interest expense	$8,639,000	1,969
Net interest income	$10,535,000	1,742
Provision for loan and lease losses	$1,150,000	1,691
Total noninterest income	$3,013,000	1,432
Gross Fiduciary activities income	$0	1,658
Service charges on deposit accounts	$1,746,000	762
Trading account gains and fees	$0	504
Additional Noninterest Income	$1,267,000	1,700
Total noninterest expense	$10,999,000	1,412
Salaries and employee benefits	$5,404,000	1,239
Premises and equipment expense	$1,624,000	1,347
Additional noninterest expense	$3,971,000	1,593
Pre-tax net operating income	$1,399,000	4,314
Securities gains (losses)	$898,000	715
Applicable income taxes	$300,000	5,919
Income before extraordinary items	$1,997,000	2,302
Extraordinary gains, net	$300,000	306
Net income	$2,297,000	2,025
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,581,000	816
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$1,215,740	3,481

* 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.