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Bank of Buffalo, Income and Expense

2002-12-31 (YTD Data)		Rank
Total interest income	$2,336,000	7,496
Total interest expense	$1,147,000	6,550
Net interest income	$1,189,000	7,960
Provision for loan and lease losses	$843,000	1,554
Total noninterest income	$231,000	7,022
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$59,000	7,370
Trading account gains and fees	$0	153
Additional Noninterest Income	$172,000	5,314
Total noninterest expense	$1,110,000	7,699
Salaries and employee benefits	$573,000	7,830
Premises and equipment expense	$135,000	7,649
Additional noninterest expense	$402,000	7,139
Pre-tax net operating income	$-533,000	8,994
Securities gains (losses)	$8,000	3,732
Applicable income taxes	$8,000	7,355
Income before extraordinary items	$-533,000	9,050
Extraordinary gains, net	$0	70
Net income	$-533,000	9,048
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$427,000	1,857
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$-541,000	9,010
2001-12-31 (YTD Data)		Rank
Total interest income	$2,784,000	7,468
Total interest expense	$1,655,000	6,684
Net interest income	$1,129,000	8,030
Provision for loan and lease losses	$836,000	1,449
Total noninterest income	$201,000	7,296
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$70,000	7,167
Trading account gains and fees	$0	177
Additional Noninterest Income	$131,000	5,805
Total noninterest expense	$1,074,000	7,770
Salaries and employee benefits	$600,000	7,668
Premises and equipment expense	$143,000	7,644
Additional noninterest expense	$331,000	7,637
Pre-tax net operating income	$-580,000	9,200
Securities gains (losses)	$0	4,612
Applicable income taxes	$4,000	7,767
Income before extraordinary items	$-584,000	9,271
Extraordinary gains, net	$0	105
Net income	$-584,000	9,272
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$834,000	1,069
Cash dividends	$63,000	6,046
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$-584,000	9,234
2000-12-31 (YTD Data)		Rank
Total interest income	$2,829,000	7,582
Total interest expense	$1,511,000	7,138
Net interest income	$1,318,000	7,827
Provision for loan and lease losses	$235,000	3,415
Total noninterest income	$242,000	6,853
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$76,000	7,081
Trading account gains and fees	NA	NA
Additional Noninterest Income	$166,000	5,240
Total noninterest expense	$1,025,000	7,945
Salaries and employee benefits	$570,000	7,865
Premises and equipment expense	$108,000	8,312
Additional noninterest expense	$347,000	7,571
Pre-tax net operating income	$300,000	7,897
Securities gains (losses)	$1,000	1,732
Applicable income taxes	$18,000	7,887
Income before extraordinary items	$283,000	7,575
Extraordinary gains, net	$0	38
Net income	$283,000	7,575
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$76,000	4,048
Cash dividends	$305,000	4,436
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$282,060	7,587
1999-12-31 (YTD Data)		Rank
Total interest income	$2,415,000	8,004
Total interest expense	$1,177,000	7,705
Net interest income	$1,238,000	8,115
Provision for loan and lease losses	$25,000	7,415
Total noninterest income	$269,000	6,733
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$83,000	7,068
Trading account gains and fees	NA	NA
Additional Noninterest Income	$186,000	5,107
Total noninterest expense	$918,000	8,368
Salaries and employee benefits	$523,000	8,202
Premises and equipment expense	$95,000	8,719
Additional noninterest expense	$300,000	8,119
Pre-tax net operating income	$564,000	6,851
Securities gains (losses)	$14,000	1,577
Applicable income taxes	$11,000	8,454
Income before extraordinary items	$567,000	6,056
Extraordinary gains, net	$0	35
Net income	$567,000	6,053
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$8,000	6,980
Cash dividends	$300,000	4,494
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$553,280	6,119
1998-12-31 (YTD Data)		Rank
Total interest income	$2,308,000	8,302
Total interest expense	$1,158,000	8,007
Net interest income	$1,150,000	8,452
Provision for loan and lease losses	$10,000	8,212
Total noninterest income	$168,000	7,986
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$77,000	7,365
Trading account gains and fees	NA	NA
Additional Noninterest Income	$91,000	6,846
Total noninterest expense	$788,000	8,812
Salaries and employee benefits	$436,000	8,738
Premises and equipment expense	$91,000	8,906
Additional noninterest expense	$261,000	8,491
Pre-tax net operating income	$520,000	7,262
Securities gains (losses)	$0	4,449
Applicable income taxes	$61,000	8,140
Income before extraordinary items	$459,000	6,856
Extraordinary gains, net	$0	32
Net income	$459,000	6,854
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$15,000	6,674
Cash dividends	$338,000	4,332
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$459,000	6,750
1997-12-31 (YTD Data)		Rank
Total interest income	$2,263,000	8,685
Total interest expense	$1,112,000	8,373
Net interest income	$1,151,000	8,803
Provision for loan and lease losses	$30,000	7,369
Total noninterest income	$150,000	8,575
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$77,000	7,714
Trading account gains and fees	NA	NA
Additional Noninterest Income	$73,000	7,610
Total noninterest expense	$839,000	8,895
Salaries and employee benefits	$453,000	8,933
Premises and equipment expense	$109,000	8,750
Additional noninterest expense	$277,000	8,567
Pre-tax net operating income	$432,000	8,275
Securities gains (losses)	$1,000	3,559
Applicable income taxes	$127,000	7,961
Income before extraordinary items	$306,000	8,333
Extraordinary gains, net	$0	44
Net income	$306,000	8,335
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$10,000	7,353
Cash dividends	$61,000	7,023
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$305,290	8,296
1996-12-31 (YTD Data)		Rank
Total interest income	$2,121,000	9,220
Total interest expense	$1,068,000	8,791
Net interest income	$1,053,000	9,406
Provision for loan and lease losses	$24,000	7,740
Total noninterest income	$161,000	8,831
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$83,000	7,912
Trading account gains and fees	NA	NA
Additional Noninterest Income	$78,000	7,815
Total noninterest expense	$794,000	9,447
Salaries and employee benefits	$480,000	9,027
Premises and equipment expense	$111,000	8,998
Additional noninterest expense	$203,000	9,902
Pre-tax net operating income	$396,000	8,529
Securities gains (losses)	$1,000	3,760
Applicable income taxes	$110,000	8,579
Income before extraordinary items	$287,000	8,534
Extraordinary gains, net	$0	53
Net income	$287,000	8,531
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$12,000	7,336
Cash dividends	$93,000	6,856
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$286,280	8,473
1995-12-31 (YTD Data)		Rank
Total interest income	$1,970,000	9,762
Total interest expense	$951,000	9,424
Net interest income	$1,019,000	9,890
Provision for loan and lease losses	$33,000	6,978
Total noninterest income	$152,000	9,282
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$75,000	8,443
Trading account gains and fees	NA	NA
Additional Noninterest Income	$77,000	8,059
Total noninterest expense	$801,000	9,765
Salaries and employee benefits	$456,000	9,489
Premises and equipment expense	$104,000	9,513
Additional noninterest expense	$241,000	9,924
Pre-tax net operating income	$337,000	9,485
Securities gains (losses)	$0	3,831
Applicable income taxes	$98,000	9,217
Income before extraordinary items	$239,000	9,515
Extraordinary gains, net	$0	65
Net income	$239,000	9,520
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$27,000	6,176
Cash dividends	$89,000	7,059
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$239,000	9,498
1994-12-31 (YTD Data)		Rank
Total interest income	$1,767,000	10,235
Total interest expense	$749,000	9,838
Net interest income	$1,018,000	10,328
Provision for loan and lease losses	$0	9,146
Total noninterest income	$143,000	9,846
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$70,000	8,998
Trading account gains and fees	NA	NA
Additional Noninterest Income	$73,000	8,528
Total noninterest expense	$784,000	10,310
Salaries and employee benefits	$444,000	9,877
Premises and equipment expense	$128,000	9,152
Additional noninterest expense	$212,000	10,993
Pre-tax net operating income	$377,000	9,531
Securities gains (losses)	$0	3,600
Applicable income taxes	$122,000	8,885
Income before extraordinary items	$255,000	9,638
Extraordinary gains, net	$0	249
Net income	$255,000	9,650
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-10,000	10,805
Cash dividends	$89,000	7,163
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$255,000	9,704
1993-12-31 (YTD Data)		Rank
Total interest income	$1,719,000	10,758
Total interest expense	$700,000	10,586
Net interest income	$1,019,000	10,717
Provision for loan and lease losses	$3,000	10,228
Total noninterest income	$178,000	9,642
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$78,000	9,074
Trading account gains and fees	NA	NA
Additional Noninterest Income	$100,000	7,857
Total noninterest expense	$757,000	10,889
Salaries and employee benefits	$414,000	10,494
Premises and equipment expense	$94,000	10,650
Additional noninterest expense	$249,000	11,098
Pre-tax net operating income	$437,000	9,120
Securities gains (losses)	$1,000	7,052
Applicable income taxes	$152,000	8,594
Income before extraordinary items	$286,000	9,629
Extraordinary gains, net	$0	3,149
Net income	$286,000	9,772
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$5,000	9,155
Cash dividends	$81,000	7,267
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$285,350	9,379
1992-12-31 (YTD Data)		Rank
Total interest income	$1,766,000	11,385
Total interest expense	$861,000	11,045
Net interest income	$905,000	11,497
Provision for loan and lease losses	$36,000	9,661
Total noninterest income	$121,000	11,154
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$90,000	8,836
Trading account gains and fees	NA	NA
Additional Noninterest Income	$31,000	11,703
Total noninterest expense	$678,000	11,632
Salaries and employee benefits	$379,000	11,109
Premises and equipment expense	$76,000	11,645
Additional noninterest expense	$223,000	11,919
Pre-tax net operating income	$312,000	10,014
Securities gains (losses)	$2,000	7,695
Applicable income taxes	$97,000	10,000
Income before extraordinary items	$217,000	10,369
Extraordinary gains, net	$0	1,422
Net income	$217,000	10,507
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$43,000	7,883
Cash dividends	$81,000	6,973
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$215,620	10,033

* 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.