Home > Essex Savings Bank, F.S.B. > Income and Expense
Essex Savings Bank, F.S.B., Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $8,264,000 | 4,179 |
| Total interest expense | $4,988,000 | 3,316 |
| Net interest income | $3,276,000 | 5,302 |
| Provision for loan and lease losses | $236,000 | 4,790 |
| Total noninterest income | $35,000 | 13,454 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $35,000 | 11,401 |
| Total noninterest expense | $2,709,000 | 4,958 |
| Salaries and employee benefits | $597,000 | 8,830 |
| Premises and equipment expense | $383,000 | 4,960 |
| Additional noninterest expense | $1,729,000 | 3,165 |
| Pre-tax net operating income | $366,000 | 9,529 |
| Securities gains (losses) | $22,000 | 5,460 |
| Applicable income taxes | $60,000 | 10,985 |
| Income before extraordinary items | $328,000 | 8,951 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $328,000 | 9,096 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $282,000 | 3,464 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $309,300 | 8,819 |
* 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.