Home > Beverly National Bank > Income and Expense
Beverly National Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $45,315,000 | 760 |
| Total interest expense | $20,296,000 | 820 |
| Net interest income | $25,019,000 | 725 |
| Provision for loan and lease losses | $360,000 | 2,248 |
| Total noninterest income | $6,569,000 | 763 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $4,747,000 | 295 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,822,000 | 1,169 |
| Total noninterest expense | $22,933,000 | 666 |
| Salaries and employee benefits | $10,528,000 | 657 |
| Premises and equipment expense | $4,350,000 | 506 |
| Additional noninterest expense | $8,055,000 | 689 |
| Pre-tax net operating income | $8,295,000 | 992 |
| Securities gains (losses) | $818,000 | 318 |
| Applicable income taxes | $2,737,000 | 1,008 |
| Income before extraordinary items | $6,376,000 | 865 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $6,376,000 | 867 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $206,000 | 2,504 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $5,803,400 | 930 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $42,958,000 | 825 |
| Total interest expense | $18,985,000 | 886 |
| Net interest income | $23,973,000 | 781 |
| Provision for loan and lease losses | $155,000 | 3,992 |
| Total noninterest income | $6,436,000 | 803 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $4,264,000 | 353 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $2,172,000 | 1,088 |
| Total noninterest expense | $19,991,000 | 790 |
| Salaries and employee benefits | $7,234,000 | 943 |
| Premises and equipment expense | $3,456,000 | 650 |
| Additional noninterest expense | $9,301,000 | 713 |
| Pre-tax net operating income | $10,263,000 | 775 |
| Securities gains (losses) | $72,000 | 1,121 |
| Applicable income taxes | $3,049,000 | 863 |
| Income before extraordinary items | $7,286,000 | 749 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $7,286,000 | 749 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-341,000 | 11,394 |
| Cash dividends | $3,450,000 | 863 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $7,235,600 | 735 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,768,000 | 4,701 |
| Total interest expense | $2,917,000 | 4,884 |
| Net interest income | $3,851,000 | 4,446 |
| Provision for loan and lease losses | $38,000 | 6,705 |
| Total noninterest income | $1,475,000 | 2,306 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $278,000 | 4,568 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,197,000 | 1,603 |
| Total noninterest expense | $3,649,000 | 3,593 |
| Salaries and employee benefits | $1,686,000 | 3,852 |
| Premises and equipment expense | $432,000 | 4,244 |
| Additional noninterest expense | $1,531,000 | 3,042 |
| Pre-tax net operating income | $1,639,000 | 4,134 |
| Securities gains (losses) | $-7,000 | 9,876 |
| Applicable income taxes | $442,000 | 4,582 |
| Income before extraordinary items | $1,190,000 | 3,987 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,190,000 | 3,985 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 7,680 |
| Cash dividends | $700,000 | 2,638 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,195,110 | 3,960 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,694,000 | 5,093 |
| Total interest expense | $2,099,000 | 5,394 |
| Net interest income | $3,595,000 | 4,831 |
| Provision for loan and lease losses | $45,000 | 6,361 |
| Total noninterest income | $1,028,000 | 3,051 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $280,000 | 4,611 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $748,000 | 2,233 |
| Total noninterest expense | $3,152,000 | 4,230 |
| Salaries and employee benefits | $1,403,000 | 4,553 |
| Premises and equipment expense | $376,000 | 4,831 |
| Additional noninterest expense | $1,373,000 | 3,593 |
| Pre-tax net operating income | $1,426,000 | 4,609 |
| Securities gains (losses) | $-9,000 | 9,765 |
| Applicable income taxes | $289,000 | 6,013 |
| Income before extraordinary items | $1,128,000 | 4,086 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,128,000 | 4,088 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $25,000 | 6,267 |
| Cash dividends | $800,000 | 2,270 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,135,200 | 4,105 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,792,000 | 5,115 |
| Total interest expense | $2,162,000 | 5,463 |
| Net interest income | $3,630,000 | 4,798 |
| Provision for loan and lease losses | $90,000 | 6,008 |
| Total noninterest income | $1,210,000 | 2,887 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $284,000 | 4,638 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $926,000 | 2,146 |
| Total noninterest expense | $3,179,000 | 4,289 |
| Salaries and employee benefits | $1,405,000 | 4,532 |
| Premises and equipment expense | $428,000 | 4,447 |
| Additional noninterest expense | $1,346,000 | 3,829 |
| Pre-tax net operating income | $1,571,000 | 4,148 |
| Securities gains (losses) | $159,000 | 1,923 |
| Applicable income taxes | $480,000 | 4,328 |
| Income before extraordinary items | $1,250,000 | 3,866 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,250,000 | 3,965 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $89,000 | 4,809 |
| Cash dividends | $800,000 | 2,140 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,135,520 | 4,001 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,690,000 | 5,015 |
| Total interest expense | $2,682,000 | 5,668 |
| Net interest income | $4,008,000 | 4,440 |
| Provision for loan and lease losses | $120,000 | 6,707 |
| Total noninterest income | $1,044,000 | 3,203 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $306,000 | 4,373 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $738,000 | 2,431 |
| Total noninterest expense | $3,117,000 | 4,369 |
| Salaries and employee benefits | $1,487,000 | 4,263 |
| Premises and equipment expense | $523,000 | 3,818 |
| Additional noninterest expense | $1,107,000 | 4,666 |
| Pre-tax net operating income | $1,815,000 | 3,400 |
| Securities gains (losses) | $43,000 | 4,369 |
| Applicable income taxes | $534,000 | 3,771 |
| Income before extraordinary items | $1,324,000 | 3,459 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,324,000 | 3,499 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $306,000 | 3,289 |
| Cash dividends | $900,000 | 1,684 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,293,470 | 3,290 |
* 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.