Home > First Union Bank of Connecticut > Income and Expense

First Union Bank of Connecticut, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$210,087,000251
Total interest expense$80,825,000298
Net interest income$129,262,000222
Provision for loan and lease losses$-20,000,00011,448
Total noninterest income$42,511,000255
Gross Fiduciary activities income$17,196,000107
Service charges on deposit accounts$11,806,000179
Trading account gains and fees$35,000211
Additional Noninterest Income$13,474,000359
Total noninterest expense$99,137,000245
Salaries and employee benefits$45,625,000210
Premises and equipment expense$17,551,000187
Additional noninterest expense$35,961,000295
Pre-tax net operating income$92,636,000160
Securities gains (losses)$-1,190,00011,413
Applicable income taxes$33,224,000156
Income before extraordinary items$58,222,000168
Extraordinary gains, net$053
Net income$58,222,000167
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$10,064,000204
Cash dividends$120,003,00072
Sale, conversion, retirement of capital stock, net$0953
Net operating income$58,983,600164
1995-12-31 (YTD Data)Rank
Total interest income$191,060,000285
Total interest expense$78,606,000321
Net interest income$112,454,000257
Provision for loan and lease losses$18,000,000123
Total noninterest income$42,741,000251
Gross Fiduciary activities income$17,350,000109
Service charges on deposit accounts$12,838,000189
Trading account gains and fees$644,000158
Additional Noninterest Income$11,909,000388
Total noninterest expense$81,598,000293
Salaries and employee benefits$35,522,000256
Premises and equipment expense$16,335,000200
Additional noninterest expense$29,741,000328
Pre-tax net operating income$55,597,000243
Securities gains (losses)$-23,00010,647
Applicable income taxes$20,181,000237
Income before extraordinary items$35,393,000248
Extraordinary gains, net$065
Net income$35,393,000247
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$10,601,000187
Cash dividends$34,830,000173
Sale, conversion, retirement of capital stock, net$0809
Net operating income$35,407,720245
1994-12-31 (YTD Data)Rank
Total interest income$177,181,000276
Total interest expense$60,390,000324
Net interest income$116,791,000244
Provision for loan and lease losses$15,989,000139
Total noninterest income$51,832,000217
Gross Fiduciary activities income$18,114,000105
Service charges on deposit accounts$14,866,000164
Trading account gains and fees$713,000129
Additional Noninterest Income$18,139,000287
Total noninterest expense$84,510,000281
Salaries and employee benefits$36,307,000253
Premises and equipment expense$17,169,000188
Additional noninterest expense$31,034,000329
Pre-tax net operating income$68,124,000191
Securities gains (losses)$-176,00011,891
Applicable income taxes$24,724,000185
Income before extraordinary items$43,224,000195
Extraordinary gains, net$0249
Net income$43,224,000195
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$12,103,000162
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$43,336,640198
1993-12-31 (YTD Data)Rank
Total interest income$155,970,000288
Total interest expense$54,536,000335
Net interest income$101,434,000261
Provision for loan and lease losses$26,180,000131
Total noninterest income$47,098,000218
Gross Fiduciary activities income$20,292,00099
Service charges on deposit accounts$15,186,000160
Trading account gains and fees$882,000144
Additional Noninterest Income$10,738,000416
Total noninterest expense$153,122,000170
Salaries and employee benefits$49,183,000187
Premises and equipment expense$21,799,000151
Additional noninterest expense$82,140,000153
Pre-tax net operating income$-30,770,00013,289
Securities gains (losses)$6,142,000125
Applicable income taxes$8,420,000350
Income before extraordinary items$-33,048,00013,259
Extraordinary gains, net$03,149
Net income$-33,048,00013,258
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$34,668,000111
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$-39,190,00013,260
1992-12-31 (YTD Data)Rank
Total interest income$204,309,000251
Total interest expense$98,058,000256
Net interest income$106,251,000241
Provision for loan and lease losses$102,150,00044
Total noninterest income$76,142,000152
Gross Fiduciary activities income$20,231,00092
Service charges on deposit accounts$10,678,000196
Trading account gains and fees$1,025,000138
Additional Noninterest Income$44,208,000138
Total noninterest expense$167,943,000147
Salaries and employee benefits$52,373,000170
Premises and equipment expense$23,154,000138
Additional noninterest expense$92,416,000128
Pre-tax net operating income$-87,700,00013,961
Securities gains (losses)$14,923,00087
Applicable income taxes$284,0006,159
Income before extraordinary items$-73,061,00013,928
Extraordinary gains, net$01,422
Net income$-73,061,00013,926
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$99,735,00058
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$-87,984,00013,927

* 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.