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Farrington Bank, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$5,591,000	5,448
Total interest expense	$1,276,000	8,168
Net interest income	$4,315,000	4,022
Provision for loan and lease losses	$774,000	1,232
Total noninterest income	$2,105,000	1,760
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$108,000	7,335
Trading account gains and fees	NA	NA
Additional Noninterest Income	$1,997,000	1,160
Total noninterest expense	$4,258,000	3,152
Salaries and employee benefits	$1,223,000	5,111
Premises and equipment expense	$319,000	5,342
Additional noninterest expense	$2,716,000	1,881
Pre-tax net operating income	$1,388,000	4,604
Securities gains (losses)	$4,000	3,123
Applicable income taxes	$572,000	3,726
Income before extraordinary items	$820,000	5,216
Extraordinary gains, net	$0	53
Net income	$820,000	5,216
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$353,000	1,840
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$817,440	5,163
1995-12-31 (YTD Data)		Rank
Total interest income	$5,585,000	5,523
Total interest expense	$975,000	9,343
Net interest income	$4,610,000	3,812
Provision for loan and lease losses	$421,000	1,792
Total noninterest income	$2,290,000	1,644
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$111,000	7,521
Trading account gains and fees	NA	NA
Additional Noninterest Income	$2,179,000	1,078
Total noninterest expense	$4,752,000	2,846
Salaries and employee benefits	$1,218,000	5,157
Premises and equipment expense	$308,000	5,516
Additional noninterest expense	$3,226,000	1,593
Pre-tax net operating income	$1,727,000	3,985
Securities gains (losses)	$7,000	2,620
Applicable income taxes	$602,000	3,647
Income before extraordinary items	$1,132,000	4,144
Extraordinary gains, net	$0	65
Net income	$1,132,000	4,141
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$707,000	1,107
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$1,127,450	4,144
1994-12-31 (YTD Data)		Rank
Total interest income	$5,690,000	5,097
Total interest expense	$934,000	8,972
Net interest income	$4,756,000	3,730
Provision for loan and lease losses	$533,000	1,468
Total noninterest income	$2,498,000	1,563
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$102,000	8,040
Trading account gains and fees	NA	NA
Additional Noninterest Income	$2,396,000	1,016
Total noninterest expense	$5,058,000	2,753
Salaries and employee benefits	$1,151,000	5,453
Premises and equipment expense	$307,000	5,617
Additional noninterest expense	$3,600,000	1,542
Pre-tax net operating income	$1,663,000	4,033
Securities gains (losses)	$-2,000	9,023
Applicable income taxes	$587,000	3,580
Income before extraordinary items	$1,074,000	4,263
Extraordinary gains, net	$0	249
Net income	$1,074,000	4,264
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$500,000	1,376
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$1,075,300	4,312
1993-12-31 (YTD Data)		Rank
Total interest income	$4,713,000	6,078
Total interest expense	$1,103,000	8,671
Net interest income	$3,610,000	4,821
Provision for loan and lease losses	$952,000	1,348
Total noninterest income	$3,602,000	1,267
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$100,000	8,366
Trading account gains and fees	NA	NA
Additional Noninterest Income	$3,502,000	864
Total noninterest expense	$4,469,000	3,136
Salaries and employee benefits	$1,398,000	4,563
Premises and equipment expense	$286,000	6,090
Additional noninterest expense	$2,785,000	2,030
Pre-tax net operating income	$1,791,000	3,692
Securities gains (losses)	$0	7,477
Applicable income taxes	$733,000	2,979
Income before extraordinary items	$1,058,000	4,468
Extraordinary gains, net	$0	3,149
Net income	$1,058,000	4,597
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$470,000	1,836
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$1,058,000	4,237
1992-12-31 (YTD Data)		Rank
Total interest income	$4,031,000	7,464
Total interest expense	$1,488,000	8,546
Net interest income	$2,543,000	6,510
Provision for loan and lease losses	$1,798,000	1,243
Total noninterest income	$2,079,000	1,885
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$93,000	8,723
Trading account gains and fees	NA	NA
Additional Noninterest Income	$1,986,000	1,251
Total noninterest expense	$3,081,000	4,412
Salaries and employee benefits	$1,116,000	5,518
Premises and equipment expense	$273,000	6,391
Additional noninterest expense	$1,692,000	3,227
Pre-tax net operating income	$-257,000	13,141
Securities gains (losses)	$166,000	2,275
Applicable income taxes	$-12,000	13,402
Income before extraordinary items	$-79,000	13,034
Extraordinary gains, net	$0	1,422
Net income	$-79,000	13,027
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,428,000	1,240
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$-223,420	13,085

* 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.