Home > Detroit Savings Bank, FSB > Income and Expense
Detroit Savings Bank, FSB, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $14,327,000 | 2,167 |
| Total interest expense | $7,524,000 | 1,750 |
| Net interest income | $6,803,000 | 2,648 |
| Provision for loan and lease losses | $44,000 | 7,799 |
| Total noninterest income | $2,005,000 | 1,979 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $2,005,000 | 1,254 |
| Total noninterest expense | $6,784,000 | 2,156 |
| Salaries and employee benefits | $3,685,000 | 1,821 |
| Premises and equipment expense | $1,420,000 | 1,501 |
| Additional noninterest expense | $1,679,000 | 3,176 |
| Pre-tax net operating income | $1,980,000 | 3,346 |
| Securities gains (losses) | $1,594,000 | 373 |
| Applicable income taxes | $1,215,000 | 1,896 |
| Income before extraordinary items | $2,359,000 | 2,122 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,359,000 | 2,204 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-65,000 | 12,783 |
| Cash dividends | $761,000 | 2,247 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,306,960 | 3,499 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $16,400,000 | 2,159 |
| Total interest expense | $9,687,000 | 1,765 |
| Net interest income | $6,713,000 | 2,720 |
| Provision for loan and lease losses | $236,000 | 4,790 |
| Total noninterest income | $2,815,000 | 1,515 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $2,815,000 | 1,000 |
| Total noninterest expense | $6,524,000 | 2,244 |
| Salaries and employee benefits | $3,374,000 | 1,942 |
| Premises and equipment expense | $1,282,000 | 1,659 |
| Additional noninterest expense | $1,868,000 | 2,968 |
| Pre-tax net operating income | $2,768,000 | 2,233 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $941,000 | 2,225 |
| Income before extraordinary items | $1,827,000 | 2,516 |
| Extraordinary gains, net | $300,000 | 306 |
| Net income | $2,127,000 | 2,180 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,000 | 10,714 |
| Cash dividends | $366,000 | 3,539 |
| Sale, conversion, retirement of capital stock, net | $1,850,000 | 322 |
| Net operating income | $1,827,000 | 2,333 |
* 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.