Home > Connecticut Bank of Commerce > Income and Expense
Connecticut Bank of Commerce, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $32,907,000 | 1,036 |
| Total interest expense | $14,039,000 | 1,146 |
| Net interest income | $18,868,000 | 945 |
| Provision for loan and lease losses | $14,338,000 | 196 |
| Total noninterest income | $11,846,000 | 544 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $3,364,000 | 447 |
| Trading account gains and fees | $787,000 | 75 |
| Additional Noninterest Income | $7,695,000 | 481 |
| Total noninterest expense | $22,361,000 | 698 |
| Salaries and employee benefits | $12,294,000 | 624 |
| Premises and equipment expense | $3,040,000 | 706 |
| Additional noninterest expense | $7,027,000 | 732 |
| Pre-tax net operating income | $-5,985,000 | 9,575 |
| Securities gains (losses) | $-4,000 | 9,172 |
| Applicable income taxes | $-2,133,000 | 9,579 |
| Income before extraordinary items | $-3,856,000 | 9,560 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $-3,856,000 | 9,561 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,488,000 | 247 |
| Cash dividends | $880,000 | 2,478 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $-3,853,440 | 9,548 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $27,711,000 | 1,282 |
| Total interest expense | $11,669,000 | 1,477 |
| Net interest income | $16,042,000 | 1,105 |
| Provision for loan and lease losses | $2,508,000 | 523 |
| Total noninterest income | $8,811,000 | 636 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $2,999,000 | 452 |
| Trading account gains and fees | $727,000 | 82 |
| Additional Noninterest Income | $5,085,000 | 628 |
| Total noninterest expense | $16,776,000 | 848 |
| Salaries and employee benefits | $8,766,000 | 800 |
| Premises and equipment expense | $2,415,000 | 825 |
| Additional noninterest expense | $5,595,000 | 876 |
| Pre-tax net operating income | $5,569,000 | 1,328 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $8,000 | 8,119 |
| Income before extraordinary items | $5,561,000 | 963 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $5,561,000 | 963 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,028,000 | 734 |
| Cash dividends | $1,626,000 | 1,565 |
| Sale, conversion, retirement of capital stock, net | $20,180,000 | 26 |
| Net operating income | $5,561,000 | 962 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $7,827,000 | 4,000 |
| Total interest expense | $3,555,000 | 3,994 |
| Net interest income | $4,272,000 | 3,951 |
| Provision for loan and lease losses | $545,000 | 1,647 |
| Total noninterest income | $739,000 | 3,823 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $193,000 | 5,212 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $546,000 | 2,795 |
| Total noninterest expense | $3,890,000 | 3,398 |
| Salaries and employee benefits | $1,982,000 | 3,471 |
| Premises and equipment expense | $359,000 | 4,881 |
| Additional noninterest expense | $1,549,000 | 2,788 |
| Pre-tax net operating income | $576,000 | 6,803 |
| Securities gains (losses) | $192,000 | 550 |
| Applicable income taxes | $-463,000 | 10,131 |
| Income before extraordinary items | $1,231,000 | 3,799 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,231,000 | 3,800 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $694,000 | 936 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,039,000 | 4,269 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $7,738,000 | 4,057 |
| Total interest expense | $3,710,000 | 3,923 |
| Net interest income | $4,028,000 | 4,099 |
| Provision for loan and lease losses | $580,000 | 1,541 |
| Total noninterest income | $861,000 | 3,429 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $296,000 | 3,974 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $565,000 | 2,755 |
| Total noninterest expense | $3,887,000 | 3,292 |
| Salaries and employee benefits | $1,938,000 | 3,444 |
| Premises and equipment expense | $351,000 | 4,877 |
| Additional noninterest expense | $1,598,000 | 2,632 |
| Pre-tax net operating income | $422,000 | 7,754 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $8,000 | 9,125 |
| Income before extraordinary items | $414,000 | 7,118 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $414,000 | 7,116 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $196,000 | 2,475 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $414,000 | 7,029 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $7,481,000 | 4,245 |
| Total interest expense | $3,562,000 | 4,084 |
| Net interest income | $3,919,000 | 4,310 |
| Provision for loan and lease losses | $640,000 | 1,428 |
| Total noninterest income | $1,248,000 | 2,542 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $380,000 | 3,361 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $868,000 | 1,919 |
| Total noninterest expense | $4,174,000 | 3,060 |
| Salaries and employee benefits | $1,925,000 | 3,424 |
| Premises and equipment expense | $541,000 | 3,451 |
| Additional noninterest expense | $1,708,000 | 2,422 |
| Pre-tax net operating income | $353,000 | 8,717 |
| Securities gains (losses) | $1,821,000 | 201 |
| Applicable income taxes | $40,000 | 9,409 |
| Income before extraordinary items | $2,134,000 | 2,434 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,134,000 | 2,433 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $457,000 | 1,441 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $349,420 | 7,950 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $5,839,000 | 5,286 |
| Total interest expense | $3,179,000 | 4,537 |
| Net interest income | $2,660,000 | 5,943 |
| Provision for loan and lease losses | $565,000 | 1,600 |
| Total noninterest income | $1,543,000 | 2,252 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $718,000 | 1,894 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $825,000 | 2,065 |
| Total noninterest expense | $4,587,000 | 2,963 |
| Salaries and employee benefits | $1,924,000 | 3,460 |
| Premises and equipment expense | $590,000 | 3,260 |
| Additional noninterest expense | $2,073,000 | 2,378 |
| Pre-tax net operating income | $-949,000 | 11,334 |
| Securities gains (losses) | $10,000 | 2,493 |
| Applicable income taxes | $0 | 10,572 |
| Income before extraordinary items | $-939,000 | 11,359 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-939,000 | 11,359 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,033,000 | 883 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $-949,000 | 11,339 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,015,000 | 5,196 |
| Total interest expense | $3,214,000 | 4,464 |
| Net interest income | $2,801,000 | 5,813 |
| Provision for loan and lease losses | $575,000 | 1,411 |
| Total noninterest income | $1,369,000 | 2,444 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $424,000 | 3,174 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $945,000 | 1,870 |
| Total noninterest expense | $4,978,000 | 2,733 |
| Salaries and employee benefits | $2,148,000 | 3,096 |
| Premises and equipment expense | $571,000 | 3,347 |
| Additional noninterest expense | $2,259,000 | 2,184 |
| Pre-tax net operating income | $-1,383,000 | 11,900 |
| Securities gains (losses) | $-16,000 | 10,415 |
| Applicable income taxes | $0 | 11,151 |
| Income before extraordinary items | $-1,399,000 | 11,882 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $-1,399,000 | 11,881 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,142,000 | 811 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $-1,383,000 | 11,877 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $7,534,000 | 3,951 |
| Total interest expense | $3,248,000 | 3,683 |
| Net interest income | $4,286,000 | 4,100 |
| Provision for loan and lease losses | $1,773,000 | 635 |
| Total noninterest income | $1,750,000 | 2,028 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $513,000 | 2,664 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,237,000 | 1,597 |
| Total noninterest expense | $7,157,000 | 1,996 |
| Salaries and employee benefits | $2,389,000 | 2,778 |
| Premises and equipment expense | $583,000 | 3,355 |
| Additional noninterest expense | $4,185,000 | 1,362 |
| Pre-tax net operating income | $-2,894,000 | 12,554 |
| Securities gains (losses) | $41,000 | 1,276 |
| Applicable income taxes | $2,000 | 11,553 |
| Income before extraordinary items | $-2,855,000 | 12,520 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $-2,855,000 | 12,516 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,148,000 | 342 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $-2,896,000 | 12,523 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $10,347,000 | 2,989 |
| Total interest expense | $4,649,000 | 2,768 |
| Net interest income | $5,698,000 | 3,179 |
| Provision for loan and lease losses | $6,307,000 | 368 |
| Total noninterest income | $4,742,000 | 1,026 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $831,000 | 1,653 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $3,911,000 | 814 |
| Total noninterest expense | $10,906,000 | 1,410 |
| Salaries and employee benefits | $2,841,000 | 2,347 |
| Premises and equipment expense | $864,000 | 2,368 |
| Additional noninterest expense | $7,201,000 | 962 |
| Pre-tax net operating income | $-6,773,000 | 13,201 |
| Securities gains (losses) | $49,000 | 3,427 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $-6,724,000 | 13,177 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-6,724,000 | 13,177 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,075,000 | 412 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-6,773,000 | 13,169 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $13,342,000 | 2,641 |
| Total interest expense | $7,174,000 | 2,348 |
| Net interest income | $6,168,000 | 2,951 |
| Provision for loan and lease losses | $3,191,000 | 799 |
| Total noninterest income | $1,614,000 | 2,266 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $722,000 | 1,873 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $892,000 | 2,159 |
| Total noninterest expense | $9,357,000 | 1,632 |
| Salaries and employee benefits | $2,312,000 | 2,809 |
| Premises and equipment expense | $817,000 | 2,532 |
| Additional noninterest expense | $6,228,000 | 1,109 |
| Pre-tax net operating income | $-4,766,000 | 13,779 |
| Securities gains (losses) | $421,000 | 1,237 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $-4,345,000 | 13,781 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-4,345,000 | 13,781 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,007,000 | 606 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-4,766,000 | 13,758 |
* 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.