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Citizens Bank, Income and Expense

1998-12-31 (YTD Data)		Rank
Total interest income	$1,187,000	9,671
Total interest expense	$478,000	9,736
Net interest income	$709,000	9,470
Provision for loan and lease losses	$60,000	6,123
Total noninterest income	$112,000	8,814
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$86,000	7,135
Trading account gains and fees	NA	NA
Additional Noninterest Income	$26,000	9,196
Total noninterest expense	$468,000	9,883
Salaries and employee benefits	$232,000	9,962
Premises and equipment expense	$50,000	9,822
Additional noninterest expense	$186,000	9,280
Pre-tax net operating income	$293,000	8,434
Securities gains (losses)	$5,000	3,437
Applicable income taxes	$94,000	7,627
Income before extraordinary items	$204,000	8,591
Extraordinary gains, net	$0	32
Net income	$204,000	8,590
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$43,000	5,222
Cash dividends	$180,000	5,532
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$200,600	8,548
1997-12-31 (YTD Data)		Rank
Total interest income	$1,205,000	10,057
Total interest expense	$538,000	10,004
Net interest income	$667,000	10,021
Provision for loan and lease losses	$33,000	7,298
Total noninterest income	$99,000	9,446
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$82,000	7,607
Trading account gains and fees	NA	NA
Additional Noninterest Income	$17,000	10,015
Total noninterest expense	$462,000	10,277
Salaries and employee benefits	$226,000	10,410
Premises and equipment expense	$43,000	10,363
Additional noninterest expense	$193,000	9,500
Pre-tax net operating income	$271,000	9,175
Securities gains (losses)	$0	3,944
Applicable income taxes	$82,000	8,717
Income before extraordinary items	$189,000	9,256
Extraordinary gains, net	$0	44
Net income	$189,000	9,259
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$7,000	7,643
Cash dividends	$180,000	5,601
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$189,000	9,209
1996-12-31 (YTD Data)		Rank
Total interest income	$1,066,000	10,727
Total interest expense	$441,000	10,774
Net interest income	$625,000	10,592
Provision for loan and lease losses	$0	9,041
Total noninterest income	$104,000	9,819
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$87,000	7,800
Trading account gains and fees	NA	NA
Additional Noninterest Income	$17,000	10,581
Total noninterest expense	$461,000	10,748
Salaries and employee benefits	$229,000	10,844
Premises and equipment expense	$42,000	10,856
Additional noninterest expense	$190,000	10,047
Pre-tax net operating income	$268,000	9,348
Securities gains (losses)	$7,000	2,762
Applicable income taxes	$83,000	9,068
Income before extraordinary items	$192,000	9,375
Extraordinary gains, net	$0	53
Net income	$192,000	9,377
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,000	8,441
Cash dividends	$180,000	5,668
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$187,100	9,365
1995-12-31 (YTD Data)		Rank
Total interest income	$1,030,000	11,228
Total interest expense	$374,000	11,400
Net interest income	$656,000	10,962
Provision for loan and lease losses	$0	8,958
Total noninterest income	$95,000	10,385
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$74,000	8,484
Trading account gains and fees	NA	NA
Additional Noninterest Income	$21,000	10,833
Total noninterest expense	$482,000	11,094
Salaries and employee benefits	$216,000	11,392
Premises and equipment expense	$41,000	11,355
Additional noninterest expense	$225,000	10,129
Pre-tax net operating income	$269,000	9,975
Securities gains (losses)	$0	3,831
Applicable income taxes	$85,000	9,494
Income before extraordinary items	$184,000	10,113
Extraordinary gains, net	$0	65
Net income	$184,000	10,117
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$4,000	8,178
Cash dividends	$180,000	5,723
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$184,000	10,084
1994-12-31 (YTD Data)		Rank
Total interest income	$917,000	11,856
Total interest expense	$311,000	11,991
Net interest income	$606,000	11,686
Provision for loan and lease losses	$2,000	9,032
Total noninterest income	$87,000	11,062
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$65,000	9,178
Trading account gains and fees	NA	NA
Additional Noninterest Income	$22,000	11,301
Total noninterest expense	$432,000	11,900
Salaries and employee benefits	$186,000	12,162
Premises and equipment expense	$42,000	11,924
Additional noninterest expense	$204,000	11,108
Pre-tax net operating income	$259,000	10,423
Securities gains (losses)	$0	3,600
Applicable income taxes	$79,000	9,837
Income before extraordinary items	$180,000	10,500
Extraordinary gains, net	$0	249
Net income	$180,000	10,506
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,000	8,524
Cash dividends	$180,000	5,708
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$180,000	10,542
1993-12-31 (YTD Data)		Rank
Total interest income	$796,000	12,681
Total interest expense	$310,000	12,639
Net interest income	$486,000	12,593
Provision for loan and lease losses	$0	10,371
Total noninterest income	$83,000	11,736
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$56,000	9,838
Trading account gains and fees	NA	NA
Additional Noninterest Income	$27,000	11,511
Total noninterest expense	$402,000	12,634
Salaries and employee benefits	$175,000	12,822
Premises and equipment expense	$20,000	13,077
Additional noninterest expense	$207,000	11,629
Pre-tax net operating income	$167,000	11,340
Securities gains (losses)	$4,000	6,316
Applicable income taxes	$49,000	10,966
Income before extraordinary items	$122,000	11,551
Extraordinary gains, net	$-2,000	12,173
Net income	$120,000	11,622
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	9,922
Cash dividends	$90,000	7,115
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$119,160	11,378
1992-12-31 (YTD Data)		Rank
Total interest income	$795,000	13,359
Total interest expense	$352,000	13,348
Net interest income	$443,000	13,256
Provision for loan and lease losses	$31,000	9,924
Total noninterest income	$67,000	12,655
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$41,000	10,666
Trading account gains and fees	NA	NA
Additional Noninterest Income	$26,000	12,093
Total noninterest expense	$373,000	13,296
Salaries and employee benefits	$153,000	13,534
Premises and equipment expense	$25,000	13,551
Additional noninterest expense	$195,000	12,303
Pre-tax net operating income	$106,000	11,961
Securities gains (losses)	$2,000	7,695
Applicable income taxes	$25,000	11,957
Income before extraordinary items	$83,000	12,177
Extraordinary gains, net	$0	1,422
Net income	$83,000	12,218
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$21,000	9,043
Cash dividends	$60,000	7,413
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$81,460	11,902

* 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.