Home > First Federal Savings Bank of Western Maryland > Income and Expense
First Federal Savings Bank of Western Maryland, Income and Expense
1996-12-31 (YTD Data) | Rank | |
Total interest income | $27,613,000 | 1,244 |
Total interest expense | $12,333,000 | 1,309 |
Net interest income | $15,280,000 | 1,184 |
Provision for loan and lease losses | $375,000 | 2,185 |
Total noninterest income | $1,744,000 | 2,052 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | NA | NA |
Trading account gains and fees | $0 | 262 |
Additional Noninterest Income | $1,744,000 | 1,273 |
Total noninterest expense | $11,602,000 | 1,239 |
Salaries and employee benefits | $4,249,000 | 1,563 |
Premises and equipment expense | $2,328,000 | 928 |
Additional noninterest expense | $5,025,000 | 1,130 |
Pre-tax net operating income | $5,047,000 | 1,423 |
Securities gains (losses) | $259,000 | 602 |
Applicable income taxes | $2,078,000 | 1,188 |
Income before extraordinary items | $3,228,000 | 1,536 |
Extraordinary gains, net | $0 | 53 |
Net income | $3,228,000 | 1,538 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $1,437,000 | 707 |
Cash dividends | $1,500,000 | 1,563 |
Sale, conversion, retirement of capital stock, net | $0 | 953 |
Net operating income | $3,062,240 | 1,594 |
1995-12-31 (YTD Data) | Rank | |
Total interest income | $25,357,000 | 1,350 |
Total interest expense | $11,928,000 | 1,376 |
Net interest income | $13,429,000 | 1,335 |
Provision for loan and lease losses | $5,835,000 | 290 |
Total noninterest income | $1,556,000 | 2,230 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | NA | NA |
Trading account gains and fees | $0 | 522 |
Additional Noninterest Income | $1,556,000 | 1,352 |
Total noninterest expense | $11,291,000 | 1,273 |
Salaries and employee benefits | $4,909,000 | 1,352 |
Premises and equipment expense | $2,485,000 | 879 |
Additional noninterest expense | $3,897,000 | 1,361 |
Pre-tax net operating income | $-2,141,000 | 11,927 |
Securities gains (losses) | $0 | 3,831 |
Applicable income taxes | $-695,000 | 11,885 |
Income before extraordinary items | $-1,446,000 | 11,885 |
Extraordinary gains, net | $0 | 65 |
Net income | $-1,446,000 | 11,884 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $1,695,000 | 634 |
Cash dividends | $500,000 | 3,291 |
Sale, conversion, retirement of capital stock, net | NA | NA |
Net operating income | $-1,446,000 | 11,883 |
1994-12-31 (YTD Data) | Rank | |
Total interest income | $23,344,000 | 1,337 |
Total interest expense | $11,245,000 | 1,168 |
Net interest income | $12,099,000 | 1,491 |
Provision for loan and lease losses | $900,000 | 996 |
Total noninterest income | $1,621,000 | 2,154 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | NA | NA |
Trading account gains and fees | $0 | 475 |
Additional Noninterest Income | $1,621,000 | 1,304 |
Total noninterest expense | $8,492,000 | 1,723 |
Salaries and employee benefits | $3,815,000 | 1,761 |
Premises and equipment expense | $2,245,000 | 954 |
Additional noninterest expense | $2,432,000 | 2,184 |
Pre-tax net operating income | $4,328,000 | 1,661 |
Securities gains (losses) | $0 | 3,600 |
Applicable income taxes | $1,454,000 | 1,602 |
Income before extraordinary items | $2,874,000 | 1,704 |
Extraordinary gains, net | $0 | 249 |
Net income | $2,874,000 | 1,704 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $244,000 | 2,192 |
Cash dividends | $1,130,000 | 1,720 |
Sale, conversion, retirement of capital stock, net | $-92,000 | 12,510 |
Net operating income | $2,874,000 | 1,710 |
1993-12-31 (YTD Data) | Rank | |
Total interest income | $23,851,000 | 1,323 |
Total interest expense | $12,134,000 | 1,114 |
Net interest income | $11,717,000 | 1,538 |
Provision for loan and lease losses | $459,000 | 2,230 |
Total noninterest income | $1,630,000 | 2,283 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | NA | NA |
Trading account gains and fees | $0 | 532 |
Additional Noninterest Income | $1,630,000 | 1,453 |
Total noninterest expense | $8,792,000 | 1,721 |
Salaries and employee benefits | $4,461,000 | 1,522 |
Premises and equipment expense | $2,238,000 | 983 |
Additional noninterest expense | $2,093,000 | 2,625 |
Pre-tax net operating income | $4,096,000 | 1,689 |
Securities gains (losses) | $6,000 | 5,977 |
Applicable income taxes | $1,444,000 | 1,625 |
Income before extraordinary items | $2,658,000 | 1,872 |
Extraordinary gains, net | $1,695,000 | 141 |
Net income | $4,353,000 | 1,219 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-206,000 | 13,117 |
Cash dividends | $1,125,000 | 1,585 |
Sale, conversion, retirement of capital stock, net | $1,090,000 | 446 |
Net operating income | $2,654,100 | 1,769 |
1992-12-31 (YTD Data) | Rank | |
Total interest income | $26,659,000 | 1,374 |
Total interest expense | $15,943,000 | 1,124 |
Net interest income | $10,716,000 | 1,716 |
Provision for loan and lease losses | $-84,000 | 13,682 |
Total noninterest income | $1,364,000 | 2,575 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | NA | NA |
Trading account gains and fees | $0 | 504 |
Additional Noninterest Income | $1,364,000 | 1,613 |
Total noninterest expense | $8,103,000 | 1,872 |
Salaries and employee benefits | $3,665,000 | 1,813 |
Premises and equipment expense | $2,140,000 | 1,051 |
Additional noninterest expense | $2,298,000 | 2,493 |
Pre-tax net operating income | $4,061,000 | 1,546 |
Securities gains (losses) | $503,000 | 1,082 |
Applicable income taxes | $1,590,000 | 1,382 |
Income before extraordinary items | $2,974,000 | 1,551 |
Extraordinary gains, net | $0 | 1,422 |
Net income | $2,974,000 | 1,565 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-154,000 | 13,814 |
Cash dividends | $700,000 | 2,122 |
Sale, conversion, retirement of capital stock, net | $9,182,000 | 98 |
Net operating income | $2,647,050 | 1,594 |
* 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.