First Federal Savings Bank of Western Maryland, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$27,613,0001,244
Total interest expense$12,333,0001,309
Net interest income$15,280,0001,184
Provision for loan and lease losses$375,0002,185
Total noninterest income$1,744,0002,052
Gross Fiduciary activities incomeNANA
Service charges on deposit accountsNANA
Trading account gains and fees$0262
Additional Noninterest Income$1,744,0001,273
Total noninterest expense$11,602,0001,239
Salaries and employee benefits$4,249,0001,563
Premises and equipment expense$2,328,000928
Additional noninterest expense$5,025,0001,130
Pre-tax net operating income$5,047,0001,423
Securities gains (losses)$259,000602
Applicable income taxes$2,078,0001,188
Income before extraordinary items$3,228,0001,536
Extraordinary gains, net$053
Net income$3,228,0001,538
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,437,000707
Cash dividends$1,500,0001,563
Sale, conversion, retirement of capital stock, net$0953
Net operating income$3,062,2401,594
1995-12-31 (YTD Data)Rank
Total interest income$25,357,0001,350
Total interest expense$11,928,0001,376
Net interest income$13,429,0001,335
Provision for loan and lease losses$5,835,000290
Total noninterest income$1,556,0002,230
Gross Fiduciary activities incomeNANA
Service charges on deposit accountsNANA
Trading account gains and fees$0522
Additional Noninterest Income$1,556,0001,352
Total noninterest expense$11,291,0001,273
Salaries and employee benefits$4,909,0001,352
Premises and equipment expense$2,485,000879
Additional noninterest expense$3,897,0001,361
Pre-tax net operating income$-2,141,00011,927
Securities gains (losses)$03,831
Applicable income taxes$-695,00011,885
Income before extraordinary items$-1,446,00011,885
Extraordinary gains, net$065
Net income$-1,446,00011,884
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,695,000634
Cash dividends$500,0003,291
Sale, conversion, retirement of capital stock, netNANA
Net operating income$-1,446,00011,883
1994-12-31 (YTD Data)Rank
Total interest income$23,344,0001,337
Total interest expense$11,245,0001,168
Net interest income$12,099,0001,491
Provision for loan and lease losses$900,000996
Total noninterest income$1,621,0002,154
Gross Fiduciary activities incomeNANA
Service charges on deposit accountsNANA
Trading account gains and fees$0475
Additional Noninterest Income$1,621,0001,304
Total noninterest expense$8,492,0001,723
Salaries and employee benefits$3,815,0001,761
Premises and equipment expense$2,245,000954
Additional noninterest expense$2,432,0002,184
Pre-tax net operating income$4,328,0001,661
Securities gains (losses)$03,600
Applicable income taxes$1,454,0001,602
Income before extraordinary items$2,874,0001,704
Extraordinary gains, net$0249
Net income$2,874,0001,704
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$244,0002,192
Cash dividends$1,130,0001,720
Sale, conversion, retirement of capital stock, net$-92,00012,510
Net operating income$2,874,0001,710
1993-12-31 (YTD Data)Rank
Total interest income$23,851,0001,323
Total interest expense$12,134,0001,114
Net interest income$11,717,0001,538
Provision for loan and lease losses$459,0002,230
Total noninterest income$1,630,0002,283
Gross Fiduciary activities incomeNANA
Service charges on deposit accountsNANA
Trading account gains and fees$0532
Additional Noninterest Income$1,630,0001,453
Total noninterest expense$8,792,0001,721
Salaries and employee benefits$4,461,0001,522
Premises and equipment expense$2,238,000983
Additional noninterest expense$2,093,0002,625
Pre-tax net operating income$4,096,0001,689
Securities gains (losses)$6,0005,977
Applicable income taxes$1,444,0001,625
Income before extraordinary items$2,658,0001,872
Extraordinary gains, net$1,695,000141
Net income$4,353,0001,219
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-206,00013,117
Cash dividends$1,125,0001,585
Sale, conversion, retirement of capital stock, net$1,090,000446
Net operating income$2,654,1001,769
1992-12-31 (YTD Data)Rank
Total interest income$26,659,0001,374
Total interest expense$15,943,0001,124
Net interest income$10,716,0001,716
Provision for loan and lease losses$-84,00013,682
Total noninterest income$1,364,0002,575
Gross Fiduciary activities incomeNANA
Service charges on deposit accountsNANA
Trading account gains and fees$0504
Additional Noninterest Income$1,364,0001,613
Total noninterest expense$8,103,0001,872
Salaries and employee benefits$3,665,0001,813
Premises and equipment expense$2,140,0001,051
Additional noninterest expense$2,298,0002,493
Pre-tax net operating income$4,061,0001,546
Securities gains (losses)$503,0001,082
Applicable income taxes$1,590,0001,382
Income before extraordinary items$2,974,0001,551
Extraordinary gains, net$01,422
Net income$2,974,0001,565
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-154,00013,814
Cash dividends$700,0002,122
Sale, conversion, retirement of capital stock, net$9,182,00098
Net operating income$2,647,0501,594

* 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.