Home > Bank of America Community Development Bank > Income and Expense
Bank of America Community Development Bank, Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,812,000 | 9,302 |
| Total interest expense | $795,000 | 11,357 |
| Net interest income | $2,017,000 | 7,702 |
| Provision for loan and lease losses | $391,000 | 3,515 |
| Total noninterest income | $3,716,000 | 1,205 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $0 | 11,764 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $3,716,000 | 827 |
| Total noninterest expense | $5,328,000 | 2,702 |
| Salaries and employee benefits | $2,821,000 | 2,306 |
| Premises and equipment expense | $361,000 | 5,234 |
| Additional noninterest expense | $2,146,000 | 2,638 |
| Pre-tax net operating income | $14,000 | 12,626 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $7,000 | 12,453 |
| Income before extraordinary items | $7,000 | 12,854 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $7,000 | 12,849 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $25,000 | 8,793 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $7,000 | 12,618 |
* 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.