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Cushnoc Bank and Trust Company, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$1,978,000	9,403
Total interest expense	$866,000	9,432
Net interest income	$1,112,000	9,253
Provision for loan and lease losses	$36,000	7,135
Total noninterest income	$86,000	10,166
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$76,000	8,114
Trading account gains and fees	NA	NA
Additional Noninterest Income	$10,000	10,975
Total noninterest expense	$1,152,000	8,147
Salaries and employee benefits	$569,000	8,330
Premises and equipment expense	$213,000	6,804
Additional noninterest expense	$370,000	8,155
Pre-tax net operating income	$10,000	10,736
Securities gains (losses)	$0	4,148
Applicable income taxes	$5,000	10,459
Income before extraordinary items	$5,000	10,790
Extraordinary gains, net	$0	53
Net income	$5,000	10,785
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$37,000	5,845
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$5,000	10,744
1995-12-31 (YTD Data)		Rank
Total interest income	$2,177,000	9,455
Total interest expense	$940,000	9,467
Net interest income	$1,237,000	9,234
Provision for loan and lease losses	$50,000	6,165
Total noninterest income	$89,000	10,523
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$61,000	8,893
Trading account gains and fees	NA	NA
Additional Noninterest Income	$28,000	10,398
Total noninterest expense	$1,098,000	8,585
Salaries and employee benefits	$546,000	8,748
Premises and equipment expense	$209,000	7,021
Additional noninterest expense	$343,000	8,763
Pre-tax net operating income	$178,000	10,594
Securities gains (losses)	$0	3,831
Applicable income taxes	$24,000	10,696
Income before extraordinary items	$154,000	10,425
Extraordinary gains, net	$0	65
Net income	$154,000	10,429
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$97,000	3,821
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$154,000	10,399
1994-12-31 (YTD Data)		Rank
Total interest income	$1,815,000	10,139
Total interest expense	$673,000	10,238
Net interest income	$1,142,000	9,932
Provision for loan and lease losses	$30,000	7,083
Total noninterest income	$72,000	11,443
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$56,000	9,478
Trading account gains and fees	NA	NA
Additional Noninterest Income	$16,000	11,718
Total noninterest expense	$1,090,000	9,021
Salaries and employee benefits	$532,000	9,112
Premises and equipment expense	$242,000	6,652
Additional noninterest expense	$316,000	9,767
Pre-tax net operating income	$94,000	11,669
Securities gains (losses)	$0	3,600
Applicable income taxes	$0	11,630
Income before extraordinary items	$94,000	11,442
Extraordinary gains, net	$-2,000	12,488
Net income	$92,000	11,468
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$22,000	6,486
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$94,000	11,483
1993-12-31 (YTD Data)		Rank
Total interest income	$1,517,000	11,207
Total interest expense	$621,000	11,019
Net interest income	$896,000	11,178
Provision for loan and lease losses	$48,000	7,582
Total noninterest income	$99,000	11,344
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$64,000	9,544
Trading account gains and fees	NA	NA
Additional Noninterest Income	$35,000	10,982
Total noninterest expense	$997,000	9,735
Salaries and employee benefits	$493,000	9,741
Premises and equipment expense	$206,000	7,564
Additional noninterest expense	$298,000	10,480
Pre-tax net operating income	$-50,000	12,533
Securities gains (losses)	$0	7,477
Applicable income taxes	$4,000	11,985
Income before extraordinary items	$-54,000	12,615
Extraordinary gains, net	$43,000	2,272
Net income	$-11,000	12,580
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$41,000	6,463
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$-54,000	12,514
1992-12-31 (YTD Data)		Rank
Total interest income	$1,513,000	11,937
Total interest expense	$688,000	11,877
Net interest income	$825,000	11,812
Provision for loan and lease losses	$88,000	7,660
Total noninterest income	$87,000	12,070
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$61,000	9,885
Trading account gains and fees	NA	NA
Additional Noninterest Income	$26,000	12,093
Total noninterest expense	$731,000	11,345
Salaries and employee benefits	$349,000	11,447
Premises and equipment expense	$149,000	9,148
Additional noninterest expense	$233,000	11,783
Pre-tax net operating income	$93,000	12,093
Securities gains (losses)	$0	8,369
Applicable income taxes	$1,000	12,632
Income before extraordinary items	$92,000	12,035
Extraordinary gains, net	$0	1,422
Net income	$92,000	12,095
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$111,000	5,646
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$92,000	11,739

* 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.