Home > Bay State Federal Savings Bank > Income and Expense
Bay State Federal Savings Bank, Income and Expense
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $9,489,000 | 772 |
| Total interest expense | $3,263,000 | 742 |
| Net interest income | $6,226,000 | 778 |
| Provision for loan and lease losses | $0 | 6,934 |
| Total noninterest income | $408,000 | 2,628 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $-32,000 | 9,279 |
| Additional Noninterest Income | $440,000 | 1,621 |
| Total noninterest expense | $3,417,000 | 1,176 |
| Salaries and employee benefits | $2,353,000 | 916 |
| Premises and equipment expense | $542,000 | 1,071 |
| Additional noninterest expense | $522,000 | 2,240 |
| Pre-tax net operating income | $3,217,000 | 709 |
| Securities gains (losses) | $1,160,000 | 195 |
| Applicable income taxes | $1,708,000 | 516 |
| Income before extraordinary items | $2,669,000 | 644 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $2,669,000 | 643 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-41,000 | 9,071 |
| Cash dividends | $500,000 | 1,179 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $1,926,600 | 799 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $37,721,000 | 797 |
| Total interest expense | $14,528,000 | 767 |
| Net interest income | $23,193,000 | 828 |
| Provision for loan and lease losses | $300,000 | 3,409 |
| Total noninterest income | $1,536,000 | 2,575 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $-182,000 | 9,319 |
| Additional Noninterest Income | $1,718,000 | 1,482 |
| Total noninterest expense | $12,513,000 | 1,225 |
| Salaries and employee benefits | $8,256,000 | 979 |
| Premises and equipment expense | $2,182,000 | 1,004 |
| Additional noninterest expense | $2,075,000 | 2,231 |
| Pre-tax net operating income | $11,916,000 | 738 |
| Securities gains (losses) | $567,000 | 617 |
| Applicable income taxes | $5,042,000 | 583 |
| Income before extraordinary items | $7,441,000 | 851 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $7,441,000 | 850 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-68,000 | 9,191 |
| Cash dividends | $3,250,000 | 861 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $7,078,120 | 856 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $37,092,000 | 921 |
| Total interest expense | $19,410,000 | 844 |
| Net interest income | $17,682,000 | 1,030 |
| Provision for loan and lease losses | $348,000 | 2,924 |
| Total noninterest income | $1,738,000 | 2,258 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $-101,000 | 9,577 |
| Additional Noninterest Income | $1,839,000 | 1,320 |
| Total noninterest expense | $11,350,000 | 1,277 |
| Salaries and employee benefits | $7,216,000 | 1,030 |
| Premises and equipment expense | $2,076,000 | 1,015 |
| Additional noninterest expense | $2,058,000 | 2,186 |
| Pre-tax net operating income | $7,722,000 | 977 |
| Securities gains (losses) | $235,000 | 1,062 |
| Applicable income taxes | $3,251,000 | 783 |
| Income before extraordinary items | $4,706,000 | 1,154 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $4,706,000 | 1,154 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $137,000 | 3,525 |
| Cash dividends | $5,130,000 | 599 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $4,555,600 | 1,145 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $35,053,000 | 1,011 |
| Total interest expense | $20,607,000 | 859 |
| Net interest income | $14,446,000 | 1,215 |
| Provision for loan and lease losses | $600,000 | 1,605 |
| Total noninterest income | $1,912,000 | 1,936 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $70,000 | 136 |
| Additional Noninterest Income | $1,842,000 | 1,204 |
| Total noninterest expense | $10,858,000 | 1,270 |
| Salaries and employee benefits | $6,918,000 | 1,014 |
| Premises and equipment expense | $1,832,000 | 1,086 |
| Additional noninterest expense | $2,108,000 | 2,057 |
| Pre-tax net operating income | $4,900,000 | 1,507 |
| Securities gains (losses) | $349,000 | 315 |
| Applicable income taxes | $1,870,000 | 1,242 |
| Income before extraordinary items | $3,379,000 | 1,569 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $3,379,000 | 1,569 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-8,000 | 9,115 |
| Cash dividends | $4,819,000 | 650 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $3,155,640 | 1,657 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $27,989,000 | 1,161 |
| Total interest expense | $14,876,000 | 1,027 |
| Net interest income | $13,113,000 | 1,328 |
| Provision for loan and lease losses | $857,000 | 1,114 |
| Total noninterest income | $1,099,000 | 2,889 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $1,099,000 | 1,747 |
| Total noninterest expense | $9,932,000 | 1,396 |
| Salaries and employee benefits | $6,526,000 | 1,055 |
| Premises and equipment expense | $1,391,000 | 1,475 |
| Additional noninterest expense | $2,015,000 | 2,176 |
| Pre-tax net operating income | $3,423,000 | 2,148 |
| Securities gains (losses) | $29,000 | 1,221 |
| Applicable income taxes | $1,249,000 | 1,851 |
| Income before extraordinary items | $2,203,000 | 2,363 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $2,203,000 | 2,364 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-110,000 | 10,053 |
| Cash dividends | $978,000 | 2,335 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $2,184,440 | 2,358 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $21,708,000 | 1,489 |
| Total interest expense | $10,645,000 | 1,440 |
| Net interest income | $11,063,000 | 1,535 |
| Provision for loan and lease losses | $792,000 | 1,195 |
| Total noninterest income | $527,000 | 4,796 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $527,000 | 2,884 |
| Total noninterest expense | $8,917,000 | 1,482 |
| Salaries and employee benefits | $5,386,000 | 1,218 |
| Premises and equipment expense | $1,287,000 | 1,524 |
| Additional noninterest expense | $2,244,000 | 1,882 |
| Pre-tax net operating income | $1,881,000 | 3,501 |
| Securities gains (losses) | $54,000 | 1,672 |
| Applicable income taxes | $839,000 | 2,626 |
| Income before extraordinary items | $1,096,000 | 4,198 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,096,000 | 4,197 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $154,000 | 2,864 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $22,829,000 | 46 |
| Net operating income | $1,061,440 | 4,205 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $18,442,000 | 1,792 |
| Total interest expense | $9,880,000 | 1,569 |
| Net interest income | $8,562,000 | 2,033 |
| Provision for loan and lease losses | $474,000 | 1,862 |
| Total noninterest income | $498,000 | 5,008 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $498,000 | 2,830 |
| Total noninterest expense | $6,300,000 | 2,053 |
| Salaries and employee benefits | $4,165,000 | 1,563 |
| Premises and equipment expense | $1,143,000 | 1,717 |
| Additional noninterest expense | $992,000 | 3,940 |
| Pre-tax net operating income | $2,286,000 | 3,144 |
| Securities gains (losses) | $8,000 | 2,485 |
| Applicable income taxes | $362,000 | 5,191 |
| Income before extraordinary items | $1,932,000 | 2,662 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,932,000 | 2,661 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $24,000 | 6,314 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,925,280 | 2,626 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $14,358,000 | 2,327 |
| Total interest expense | $7,723,000 | 2,037 |
| Net interest income | $6,635,000 | 2,664 |
| Provision for loan and lease losses | $-16,000 | 11,119 |
| Total noninterest income | $1,002,000 | 3,117 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,002,000 | 1,812 |
| Total noninterest expense | $5,591,000 | 2,458 |
| Salaries and employee benefits | $2,652,000 | 2,515 |
| Premises and equipment expense | $809,000 | 2,429 |
| Additional noninterest expense | $2,130,000 | 2,315 |
| Pre-tax net operating income | $2,062,000 | 3,339 |
| Securities gains (losses) | $6,000 | 2,865 |
| Applicable income taxes | $817,000 | 2,791 |
| Income before extraordinary items | $1,251,000 | 3,738 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,251,000 | 3,737 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $80,000 | 4,367 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,247,160 | 3,705 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $13,420,000 | 2,491 |
| Total interest expense | $6,816,000 | 2,288 |
| Net interest income | $6,604,000 | 2,699 |
| Provision for loan and lease losses | $-85,000 | 11,678 |
| Total noninterest income | $414,000 | 5,860 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $414,000 | 3,239 |
| Total noninterest expense | $5,072,000 | 2,678 |
| Salaries and employee benefits | $2,635,000 | 2,536 |
| Premises and equipment expense | $697,000 | 2,816 |
| Additional noninterest expense | $1,740,000 | 2,697 |
| Pre-tax net operating income | $2,031,000 | 3,448 |
| Securities gains (losses) | $1,000 | 3,512 |
| Applicable income taxes | $899,000 | 2,602 |
| Income before extraordinary items | $1,133,000 | 4,140 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,133,000 | 4,137 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-6,000 | 10,436 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $1,132,360 | 4,127 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $11,959,000 | 2,532 |
| Total interest expense | $5,120,000 | 2,409 |
| Net interest income | $6,839,000 | 2,641 |
| Provision for loan and lease losses | $35,000 | 6,861 |
| Total noninterest income | $460,000 | 5,595 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $460,000 | 3,117 |
| Total noninterest expense | $5,050,000 | 2,758 |
| Salaries and employee benefits | $2,854,000 | 2,351 |
| Premises and equipment expense | $734,000 | 2,717 |
| Additional noninterest expense | $1,462,000 | 3,390 |
| Pre-tax net operating income | $2,214,000 | 3,162 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $802,000 | 2,755 |
| Income before extraordinary items | $1,412,000 | 3,345 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,412,000 | 3,358 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $659,000 | 1,139 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,412,000 | 3,369 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $11,486,000 | 2,693 |
| Total interest expense | $4,929,000 | 2,604 |
| Net interest income | $6,557,000 | 2,746 |
| Provision for loan and lease losses | $736,000 | 1,608 |
| Total noninterest income | $460,000 | 5,907 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $460,000 | 3,433 |
| Total noninterest expense | $4,704,000 | 3,001 |
| Salaries and employee benefits | $2,659,000 | 2,495 |
| Premises and equipment expense | $745,000 | 2,724 |
| Additional noninterest expense | $1,300,000 | 3,938 |
| Pre-tax net operating income | $1,577,000 | 4,135 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $575,000 | 3,726 |
| Income before extraordinary items | $1,002,000 | 4,699 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,002,000 | 4,837 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,334,000 | 934 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,002,000 | 4,455 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $13,007,000 | 2,703 |
| Total interest expense | $6,736,000 | 2,507 |
| Net interest income | $6,271,000 | 2,905 |
| Provision for loan and lease losses | $1,467,000 | 1,424 |
| Total noninterest income | $470,000 | 5,886 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $470,000 | 3,314 |
| Total noninterest expense | $4,701,000 | 3,036 |
| Salaries and employee benefits | $2,421,000 | 2,682 |
| Premises and equipment expense | $742,000 | 2,786 |
| Additional noninterest expense | $1,538,000 | 3,523 |
| Pre-tax net operating income | $573,000 | 7,906 |
| Securities gains (losses) | $104,000 | 2,949 |
| Applicable income taxes | $844,000 | 2,462 |
| Income before extraordinary items | $-167,000 | 13,143 |
| Extraordinary gains, net | $881,000 | 132 |
| Net income | $714,000 | 5,898 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $395,000 | 2,845 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-233,560 | 13,091 |
* 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.