Home > Bank of Boston Connecticut > Income and Expense

Bank of Boston Connecticut, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$458,047,000143
Total interest expense$152,925,000185
Net interest income$305,122,000113
Provision for loan and lease losses$138,430,00032
Total noninterest income$92,748,000161
Gross Fiduciary activities income$19,129,000103
Service charges on deposit accounts$10,390,000198
Trading account gains and fees$0262
Additional Noninterest Income$63,229,000149
Total noninterest expense$203,202,000143
Salaries and employee benefits$82,437,000126
Premises and equipment expense$25,636,000135
Additional noninterest expense$95,129,000155
Pre-tax net operating income$56,238,000229
Securities gains (losses)$1,894,000160
Applicable income taxes$26,396,000186
Income before extraordinary items$31,736,000253
Extraordinary gains, net$053
Net income$31,736,000253
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$104,449,00035
Cash dividends$19,052,000289
Sale, conversion, retirement of capital stock, net$0953
Net operating income$30,523,840254
1995-12-31 (YTD Data)Rank
Total interest income$414,818,000156
Total interest expense$132,752,000218
Net interest income$282,066,000118
Provision for loan and lease losses$86,882,00030
Total noninterest income$54,181,000220
Gross Fiduciary activities income$16,861,000114
Service charges on deposit accounts$9,105,000227
Trading account gains and fees$0522
Additional Noninterest Income$28,215,000230
Total noninterest expense$160,187,000167
Salaries and employee benefits$78,652,000133
Premises and equipment expense$23,668,000145
Additional noninterest expense$57,867,000218
Pre-tax net operating income$89,178,000167
Securities gains (losses)$1,697,000154
Applicable income taxes$34,869,000152
Income before extraordinary items$56,006,000175
Extraordinary gains, net$065
Net income$56,006,000174
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$52,800,00051
Cash dividends$15,000,000310
Sale, conversion, retirement of capital stock, net$42,000661
Net operating income$54,919,920177
1994-12-31 (YTD Data)Rank
Total interest income$355,513,000154
Total interest expense$107,776,000212
Net interest income$247,737,000124
Provision for loan and lease losses$26,480,00082
Total noninterest income$70,511,000181
Gross Fiduciary activities income$15,874,000115
Service charges on deposit accounts$8,967,000225
Trading account gains and fees$0475
Additional Noninterest Income$45,670,000157
Total noninterest expense$162,123,000167
Salaries and employee benefits$73,574,000140
Premises and equipment expense$23,720,000143
Additional noninterest expense$64,829,000189
Pre-tax net operating income$129,645,000108
Securities gains (losses)$-230,00012,000
Applicable income taxes$-15,074,00012,598
Income before extraordinary items$144,489,00064
Extraordinary gains, net$-9,498,00012,602
Net income$134,991,00070
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$62,227,00042
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$69,000873
Net operating income$144,719,00064
1993-12-31 (YTD Data)Rank
Total interest income$362,700,000133
Total interest expense$157,882,000123
Net interest income$204,818,000137
Provision for loan and lease losses$21,107,000148
Total noninterest income$76,833,000156
Gross Fiduciary activities income$15,267,000113
Service charges on deposit accounts$9,180,000220
Trading account gains and fees$0532
Additional Noninterest Income$52,386,000128
Total noninterest expense$241,520,000111
Salaries and employee benefits$80,050,000118
Premises and equipment expense$25,213,000128
Additional noninterest expense$136,257,00096
Pre-tax net operating income$19,024,000420
Securities gains (losses)$10,469,00076
Applicable income taxes$3,427,000751
Income before extraordinary items$26,066,000265
Extraordinary gains, net$525,000441
Net income$26,591,000270
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$59,649,00066
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$559,000575
Net operating income$16,853,280337
1992-12-31 (YTD Data)Rank
Total interest income$266,837,000193
Total interest expense$158,803,000154
Net interest income$108,034,000236
Provision for loan and lease losses$28,477,000173
Total noninterest income$27,794,000312
Gross Fiduciary activities income$729,000644
Service charges on deposit accounts$1,714,000775
Trading account gains and fees$0504
Additional Noninterest Income$25,351,000227
Total noninterest expense$103,254,000234
Salaries and employee benefits$36,541,000235
Premises and equipment expense$15,193,000205
Additional noninterest expense$51,520,000238
Pre-tax net operating income$4,097,0001,532
Securities gains (losses)$8,836,000127
Applicable income taxes$4,750,000502
Income before extraordinary items$8,183,000585
Extraordinary gains, net$2,013,00074
Net income$10,196,000491
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$37,608,000128
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$2,527,9601,660

* 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.