Home > First of America Bank-Southeast Michigan > Income and Expense
First of America Bank-Southeast Michigan, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $285,004,000 | 169 |
| Total interest expense | $104,873,000 | 190 |
| Net interest income | $180,131,000 | 163 |
| Provision for loan and lease losses | $24,712,000 | 133 |
| Total noninterest income | $40,845,000 | 244 |
| Gross Fiduciary activities income | $11,392,000 | 135 |
| Service charges on deposit accounts | $17,579,000 | 144 |
| Trading account gains and fees | $560,000 | 159 |
| Additional Noninterest Income | $11,314,000 | 405 |
| Total noninterest expense | $133,505,000 | 198 |
| Salaries and employee benefits | $42,877,000 | 212 |
| Premises and equipment expense | $13,028,000 | 234 |
| Additional noninterest expense | $77,600,000 | 165 |
| Pre-tax net operating income | $62,759,000 | 173 |
| Securities gains (losses) | $4,864,000 | 157 |
| Applicable income taxes | $20,224,000 | 179 |
| Income before extraordinary items | $47,399,000 | 170 |
| Extraordinary gains, net | $2,400,000 | 113 |
| Net income | $49,799,000 | 168 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $17,847,000 | 167 |
| Cash dividends | $50,300,000 | 87 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $43,994,200 | 172 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $306,077,000 | 168 |
| Total interest expense | $127,250,000 | 197 |
| Net interest income | $178,827,000 | 146 |
| Provision for loan and lease losses | $23,830,000 | 196 |
| Total noninterest income | $40,407,000 | 235 |
| Gross Fiduciary activities income | $9,907,000 | 143 |
| Service charges on deposit accounts | $18,520,000 | 125 |
| Trading account gains and fees | $477,000 | 172 |
| Additional Noninterest Income | $11,503,000 | 406 |
| Total noninterest expense | $134,199,000 | 184 |
| Salaries and employee benefits | $48,658,000 | 179 |
| Premises and equipment expense | $14,528,000 | 214 |
| Additional noninterest expense | $71,013,000 | 171 |
| Pre-tax net operating income | $61,205,000 | 140 |
| Securities gains (losses) | $3,338,000 | 284 |
| Applicable income taxes | $18,851,000 | 151 |
| Income before extraordinary items | $45,692,000 | 146 |
| Extraordinary gains, net | $-3,151,000 | 13,901 |
| Net income | $42,541,000 | 155 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $22,317,000 | 188 |
| Cash dividends | $29,954,000 | 93 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $43,322,020 | 138 |
* 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.