Home > First Federal Savings Bank of Kent > Income and Expense
First Federal Savings Bank of Kent, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $6,752,000 | 4,634 |
| Total interest expense | $3,802,000 | 3,866 |
| Net interest income | $2,950,000 | 5,371 |
| Provision for loan and lease losses | $36,000 | 7,137 |
| Total noninterest income | $207,000 | 7,752 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $207,000 | 4,872 |
| Total noninterest expense | $1,318,000 | 7,264 |
| Salaries and employee benefits | $705,000 | 7,294 |
| Premises and equipment expense | $246,000 | 6,116 |
| Additional noninterest expense | $367,000 | 7,648 |
| Pre-tax net operating income | $1,803,000 | 3,857 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $616,000 | 3,596 |
| Income before extraordinary items | $1,187,000 | 4,094 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,187,000 | 4,094 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,513 |
| Cash dividends | $3,250,000 | 869 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,187,000 | 4,030 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $5,791,000 | 5,313 |
| Total interest expense | $2,969,000 | 4,832 |
| Net interest income | $2,822,000 | 5,696 |
| Provision for loan and lease losses | $114,000 | 4,823 |
| Total noninterest income | $194,000 | 8,313 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $194,000 | 5,254 |
| Total noninterest expense | $1,674,000 | 6,668 |
| Salaries and employee benefits | $648,000 | 7,856 |
| Premises and equipment expense | $227,000 | 6,573 |
| Additional noninterest expense | $799,000 | 5,207 |
| Pre-tax net operating income | $1,228,000 | 5,039 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $418,000 | 4,754 |
| Income before extraordinary items | $810,000 | 5,257 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $810,000 | 5,258 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,805 |
| Cash dividends | $300,000 | 4,471 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $810,000 | 5,190 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,418,000 | 5,645 |
| Total interest expense | $2,841,000 | 5,012 |
| Net interest income | $2,577,000 | 6,170 |
| Provision for loan and lease losses | $36,000 | 6,768 |
| Total noninterest income | $181,000 | 8,745 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $181,000 | 5,418 |
| Total noninterest expense | $1,373,000 | 7,674 |
| Salaries and employee benefits | $667,000 | 7,947 |
| Premises and equipment expense | $279,000 | 5,941 |
| Additional noninterest expense | $427,000 | 7,930 |
| Pre-tax net operating income | $1,349,000 | 4,829 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $452,000 | 4,514 |
| Income before extraordinary items | $897,000 | 5,009 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $897,000 | 5,008 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $22,000 | 6,500 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $897,000 | 4,992 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,139,000 | 5,549 |
| Total interest expense | $2,486,000 | 4,680 |
| Net interest income | $2,653,000 | 6,169 |
| Provision for loan and lease losses | $153,000 | 3,564 |
| Total noninterest income | $153,000 | 9,643 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $153,000 | 6,154 |
| Total noninterest expense | $1,272,000 | 8,354 |
| Salaries and employee benefits | $546,000 | 8,991 |
| Premises and equipment expense | $268,000 | 6,210 |
| Additional noninterest expense | $458,000 | 8,249 |
| Pre-tax net operating income | $1,381,000 | 4,722 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $477,000 | 4,197 |
| Income before extraordinary items | $904,000 | 4,895 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $904,000 | 4,902 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,000 | 8,352 |
| Cash dividends | $800,000 | 2,270 |
| Sale, conversion, retirement of capital stock, net | $3,488,000 | 223 |
| Net operating income | $904,000 | 4,957 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,122,000 | 5,654 |
| Total interest expense | $2,558,000 | 4,714 |
| Net interest income | $2,564,000 | 6,425 |
| Provision for loan and lease losses | $19,000 | 9,170 |
| Total noninterest income | $389,000 | 6,606 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $389,000 | 3,820 |
| Total noninterest expense | $1,526,000 | 7,753 |
| Salaries and employee benefits | $674,000 | 8,182 |
| Premises and equipment expense | $285,000 | 6,106 |
| Additional noninterest expense | $567,000 | 7,625 |
| Pre-tax net operating income | $1,408,000 | 4,581 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $478,000 | 4,347 |
| Income before extraordinary items | $930,000 | 4,967 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $930,000 | 5,114 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 9,922 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $930,000 | 4,738 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,124,000 | 6,267 |
| Total interest expense | $3,071,000 | 5,058 |
| Net interest income | $2,053,000 | 7,607 |
| Provision for loan and lease losses | $30,000 | 9,956 |
| Total noninterest income | $346,000 | 7,165 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $346,000 | 4,069 |
| Total noninterest expense | $1,379,000 | 8,378 |
| Salaries and employee benefits | $634,000 | 8,518 |
| Premises and equipment expense | $287,000 | 6,169 |
| Additional noninterest expense | $458,000 | 8,891 |
| Pre-tax net operating income | $990,000 | 5,669 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $353,000 | 5,316 |
| Income before extraordinary items | $637,000 | 6,315 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $637,000 | 6,383 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $74,000 | 6,645 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $637,000 | 5,972 |
* 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.