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Commercial Bank of Everett, Income and Expense

2000-12-31 (YTD Data)		Rank
Total interest income	$2,276,000	8,149
Total interest expense	$872,000	8,483
Net interest income	$1,404,000	7,635
Provision for loan and lease losses	$102,000	5,242
Total noninterest income	$123,000	8,253
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$50,000	7,624
Trading account gains and fees	NA	NA
Additional Noninterest Income	$73,000	7,104
Total noninterest expense	$1,280,000	7,302
Salaries and employee benefits	$694,000	7,232
Premises and equipment expense	$173,000	7,198
Additional noninterest expense	$413,000	7,045
Pre-tax net operating income	$145,000	8,616
Securities gains (losses)	$0	1,956
Applicable income taxes	$51,000	7,210
Income before extraordinary items	$94,000	8,748
Extraordinary gains, net	$0	38
Net income	$94,000	8,748
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$9,000	6,683
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$94,000	8,733
1999-12-31 (YTD Data)		Rank
Total interest income	$1,508,000	9,061
Total interest expense	$552,000	9,325
Net interest income	$956,000	8,725
Provision for loan and lease losses	$98,000	5,306
Total noninterest income	$83,000	9,099
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$44,000	7,982
Trading account gains and fees	NA	NA
Additional Noninterest Income	$39,000	8,465
Total noninterest expense	$1,020,000	8,058
Salaries and employee benefits	$475,000	8,482
Premises and equipment expense	$157,000	7,549
Additional noninterest expense	$388,000	7,371
Pre-tax net operating income	$-79,000	9,518
Securities gains (losses)	$0	3,155
Applicable income taxes	$-26,000	9,749
Income before extraordinary items	$-53,000	9,516
Extraordinary gains, net	$0	35
Net income	$-53,000	9,513
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,897
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$2,300,000	411
Net operating income	$-53,000	9,495
1998-12-31 (YTD Data)		Rank
Total interest income	$899,000	9,944
Total interest expense	$303,000	10,049
Net interest income	$596,000	9,747
Provision for loan and lease losses	$45,000	6,783
Total noninterest income	$46,000	9,896
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$32,000	8,466
Trading account gains and fees	NA	NA
Additional Noninterest Income	$14,000	9,789
Total noninterest expense	$824,000	8,695
Salaries and employee benefits	$422,000	8,826
Premises and equipment expense	$131,000	8,043
Additional noninterest expense	$271,000	8,393
Pre-tax net operating income	$-227,000	10,015
Securities gains (losses)	$0	4,449
Applicable income taxes	$-76,000	10,182
Income before extraordinary items	$-151,000	10,001
Extraordinary gains, net	$0	32
Net income	$-151,000	9,997
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,132
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$-151,000	9,966
1997-12-31 (YTD Data)		Rank
Total interest income	$488,000	10,714
Total interest expense	$110,000	10,769
Net interest income	$378,000	10,580
Provision for loan and lease losses	$0	8,829
Total noninterest income	$15,000	10,747
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$12,000	9,252
Trading account gains and fees	NA	NA
Additional Noninterest Income	$3,000	10,761
Total noninterest expense	$695,000	9,413
Salaries and employee benefits	$343,000	9,649
Premises and equipment expense	$125,000	8,362
Additional noninterest expense	$227,000	9,099
Pre-tax net operating income	$-302,000	10,636
Securities gains (losses)	$0	3,944
Applicable income taxes	$-102,000	10,711
Income before extraordinary items	$-200,000	10,610
Extraordinary gains, net	$0	44
Net income	$-200,000	10,610
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,513
Cash dividends	$0	7,871
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$-200,000	10,582
1996-12-31 (YTD Data)		Rank
Total interest income	$84,000	11,422
Total interest expense	$9,000	11,414
Net interest income	$75,000	11,409
Provision for loan and lease losses	$100,000	5,070
Total noninterest income	$2,000	11,386
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$2,000	9,861
Trading account gains and fees	NA	NA
Additional Noninterest Income	$0	11,390
Total noninterest expense	$286,000	11,254
Salaries and employee benefits	$148,000	11,243
Premises and equipment expense	$47,000	10,725
Additional noninterest expense	$91,000	11,150
Pre-tax net operating income	$-309,000	11,146
Securities gains (losses)	$0	4,148
Applicable income taxes	$-71,000	11,129
Income before extraordinary items	$-238,000	11,134
Extraordinary gains, net	$0	53
Net income	$-238,000	11,132
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,805
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$3,500,000	202
Net operating income	$-238,000	11,097

* 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.