Home > Charlestown Co-operative Bank > Income and Expense
Charlestown Co-operative Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $1,398,000 | 9,809 |
| Total interest expense | $535,000 | 10,012 |
| Net interest income | $863,000 | 9,513 |
| Provision for loan and lease losses | $10,000 | 8,395 |
| Total noninterest income | $77,000 | 9,820 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $47,000 | 8,496 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $30,000 | 9,328 |
| Total noninterest expense | $746,000 | 9,234 |
| Salaries and employee benefits | $346,000 | 9,628 |
| Premises and equipment expense | $102,000 | 8,911 |
| Additional noninterest expense | $298,000 | 8,337 |
| Pre-tax net operating income | $184,000 | 9,658 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $51,000 | 9,239 |
| Income before extraordinary items | $133,000 | 9,746 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $133,000 | 9,746 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-2,000 | 9,540 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $133,000 | 9,701 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $1,315,000 | 10,368 |
| Total interest expense | $547,000 | 10,453 |
| Net interest income | $768,000 | 10,199 |
| Provision for loan and lease losses | $0 | 9,041 |
| Total noninterest income | $79,000 | 10,301 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $54,000 | 8,722 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $25,000 | 10,117 |
| Total noninterest expense | $640,000 | 10,030 |
| Salaries and employee benefits | $292,000 | 10,418 |
| Premises and equipment expense | $132,000 | 8,482 |
| Additional noninterest expense | $216,000 | 9,752 |
| Pre-tax net operating income | $207,000 | 9,749 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $70,000 | 9,328 |
| Income before extraordinary items | $137,000 | 9,916 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $137,000 | 9,915 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-17,000 | 10,612 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $137,000 | 9,862 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $1,336,000 | 10,784 |
| Total interest expense | $430,000 | 11,243 |
| Net interest income | $906,000 | 10,222 |
| Provision for loan and lease losses | $20,000 | 7,637 |
| Total noninterest income | $81,000 | 10,708 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $57,000 | 9,016 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $24,000 | 10,650 |
| Total noninterest expense | $621,000 | 10,485 |
| Salaries and employee benefits | $294,000 | 10,804 |
| Premises and equipment expense | $123,000 | 8,962 |
| Additional noninterest expense | $204,000 | 10,364 |
| Pre-tax net operating income | $346,000 | 9,416 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $148,000 | 8,300 |
| Income before extraordinary items | $198,000 | 9,951 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $198,000 | 9,956 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 7,680 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $198,000 | 9,921 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $1,070,000 | 11,576 |
| Total interest expense | $375,000 | 11,711 |
| Net interest income | $695,000 | 11,396 |
| Provision for loan and lease losses | $36,000 | 6,762 |
| Total noninterest income | $74,000 | 11,404 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $54,000 | 9,555 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $20,000 | 11,420 |
| Total noninterest expense | $633,000 | 10,965 |
| Salaries and employee benefits | $279,000 | 11,396 |
| Premises and equipment expense | $116,000 | 9,514 |
| Additional noninterest expense | $238,000 | 10,677 |
| Pre-tax net operating income | $100,000 | 11,630 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $17,000 | 11,218 |
| Income before extraordinary items | $83,000 | 11,534 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $83,000 | 11,541 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $45,000 | 5,320 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $83,000 | 11,583 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,055,000 | 12,167 |
| Total interest expense | $413,000 | 12,163 |
| Net interest income | $642,000 | 12,064 |
| Provision for loan and lease losses | $33,000 | 8,295 |
| Total noninterest income | $70,000 | 12,069 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $52,000 | 9,975 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $18,000 | 12,177 |
| Total noninterest expense | $599,000 | 11,662 |
| Salaries and employee benefits | $265,000 | 12,025 |
| Premises and equipment expense | $130,000 | 9,470 |
| Additional noninterest expense | $204,000 | 11,673 |
| Pre-tax net operating income | $80,000 | 11,996 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $15,000 | 11,714 |
| Income before extraordinary items | $65,000 | 12,137 |
| Extraordinary gains, net | $35,000 | 2,385 |
| Net income | $100,000 | 11,848 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $29,000 | 7,087 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $65,000 | 11,987 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,178,000 | 12,647 |
| Total interest expense | $539,000 | 12,577 |
| Net interest income | $639,000 | 12,568 |
| Provision for loan and lease losses | $55,000 | 8,828 |
| Total noninterest income | $83,000 | 12,197 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $52,000 | 10,228 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $31,000 | 11,703 |
| Total noninterest expense | $602,000 | 12,053 |
| Salaries and employee benefits | $236,000 | 12,758 |
| Premises and equipment expense | $110,000 | 10,377 |
| Additional noninterest expense | $256,000 | 11,456 |
| Pre-tax net operating income | $65,000 | 12,314 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $8,000 | 12,420 |
| Income before extraordinary items | $57,000 | 12,492 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $57,000 | 12,501 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $201,000 | 4,196 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $57,000 | 12,219 |
* 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.