Home > First Union Direct Bank > Income and Expense
First Union Direct Bank, Income and Expense
| 2004-09-30 (YTD Data) | Rank | |
| Total interest income | $42,686,000 | 504 |
| Total interest expense | $49,887,000 | 170 |
| Net interest income | $-7,201,000 | 9,023 |
| Provision for loan and lease losses | $-482,000 | 8,968 |
| Total noninterest income | $4,725,000 | 891 |
| Gross Fiduciary activities income | $0 | 1,547 |
| Service charges on deposit accounts | $0 | 7,933 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $4,725,000 | 569 |
| Total noninterest expense | $876,000 | 7,462 |
| Salaries and employee benefits | $0 | 9,000 |
| Premises and equipment expense | $9,000 | 8,948 |
| Additional noninterest expense | $867,000 | 3,845 |
| Pre-tax net operating income | $-2,870,000 | 8,998 |
| Securities gains (losses) | $0 | 3,710 |
| Applicable income taxes | $-1,125,000 | 9,000 |
| Income before extraordinary items | $-1,745,000 | 8,972 |
| Extraordinary gains, net | $0 | 26 |
| Net income | $-1,745,000 | 8,973 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-482,000 | 8,982 |
| Cash dividends | $0 | 5,363 |
| Sale, conversion, retirement of capital stock, net | $0 | 738 |
| Net operating income | $-1,745,000 | 8,961 |
| 2004-06-30 (YTD Data) | Rank | |
| Total interest income | $22,102,000 | 628 |
| Total interest expense | $32,416,000 | 169 |
| Net interest income | $-10,314,000 | 9,078 |
| Provision for loan and lease losses | $-356,000 | 9,022 |
| Total noninterest income | $3,362,000 | 833 |
| Gross Fiduciary activities income | $0 | 1,518 |
| Service charges on deposit accounts | $0 | 7,979 |
| Trading account gains and fees | $0 | 130 |
| Additional Noninterest Income | $3,362,000 | 549 |
| Total noninterest expense | $581,000 | 7,535 |
| Salaries and employee benefits | $0 | 9,056 |
| Premises and equipment expense | $5,000 | 9,017 |
| Additional noninterest expense | $576,000 | 3,869 |
| Pre-tax net operating income | $-7,177,000 | 9,077 |
| Securities gains (losses) | $0 | 3,413 |
| Applicable income taxes | $-2,814,000 | 9,068 |
| Income before extraordinary items | $-4,363,000 | 9,066 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $-4,363,000 | 9,067 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-356,000 | 9,028 |
| Cash dividends | $0 | 5,087 |
| Sale, conversion, retirement of capital stock, net | $0 | 638 |
| Net operating income | $-4,363,000 | 9,060 |
| 2004-03-31 (YTD Data) | Rank | |
| Total interest income | $11,333,000 | 623 |
| Total interest expense | $15,471,000 | 174 |
| Net interest income | $-4,138,000 | 9,115 |
| Provision for loan and lease losses | $-144,000 | 9,043 |
| Total noninterest income | $2,020,000 | 711 |
| Gross Fiduciary activities income | $0 | 1,441 |
| Service charges on deposit accounts | $0 | 7,976 |
| Trading account gains and fees | $0 | 121 |
| Additional Noninterest Income | $2,020,000 | 478 |
| Total noninterest expense | $280,000 | 7,643 |
| Salaries and employee benefits | $0 | 9,095 |
| Premises and equipment expense | $3,000 | 9,031 |
| Additional noninterest expense | $277,000 | 3,998 |
| Pre-tax net operating income | $-2,254,000 | 9,104 |
| Securities gains (losses) | $0 | 2,934 |
| Applicable income taxes | $-884,000 | 9,101 |
| Income before extraordinary items | $-1,370,000 | 9,099 |
| Extraordinary gains, net | $0 | 16 |
| Net income | $-1,370,000 | 9,099 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-144,000 | 9,008 |
| Cash dividends | $0 | 3,841 |
| Sale, conversion, retirement of capital stock, net | $0 | 464 |
| Net operating income | $-1,370,000 | 9,087 |
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $54,123,000 | 533 |
| Total interest expense | $43,397,000 | 246 |
| Net interest income | $10,726,000 | 1,822 |
| Provision for loan and lease losses | $-1,003,000 | 9,150 |
| Total noninterest income | $5,699,000 | 1,027 |
| Gross Fiduciary activities income | $0 | 1,641 |
| Service charges on deposit accounts | $0 | 8,063 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $5,699,000 | 695 |
| Total noninterest expense | $855,000 | 8,161 |
| Salaries and employee benefits | $0 | 9,160 |
| Premises and equipment expense | $11,000 | 9,116 |
| Additional noninterest expense | $844,000 | 4,879 |
| Pre-tax net operating income | $16,573,000 | 548 |
| Securities gains (losses) | $0 | 4,500 |
| Applicable income taxes | $6,498,000 | 500 |
| Income before extraordinary items | $10,075,000 | 652 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $10,075,000 | 654 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-1,003,000 | 9,176 |
| Cash dividends | $0 | 6,283 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $10,075,000 | 613 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $41,316,000 | 538 |
| Total interest expense | $29,046,000 | 277 |
| Net interest income | $12,270,000 | 1,194 |
| Provision for loan and lease losses | $-807,000 | 9,210 |
| Total noninterest income | $5,289,000 | 887 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $0 | 8,111 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $5,289,000 | 613 |
| Total noninterest expense | $614,000 | 8,239 |
| Salaries and employee benefits | $0 | 9,215 |
| Premises and equipment expense | $9,000 | 9,161 |
| Additional noninterest expense | $605,000 | 4,973 |
| Pre-tax net operating income | $17,752,000 | 426 |
| Securities gains (losses) | $0 | 4,204 |
| Applicable income taxes | $6,866,000 | 408 |
| Income before extraordinary items | $10,886,000 | 501 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $10,886,000 | 501 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-807,000 | 9,227 |
| Cash dividends | $0 | 5,519 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $10,886,000 | 469 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $28,433,000 | 529 |
| Total interest expense | $20,350,000 | 280 |
| Net interest income | $8,083,000 | 1,204 |
| Provision for loan and lease losses | $-445,000 | 9,238 |
| Total noninterest income | $4,204,000 | 769 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $0 | 8,133 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $4,204,000 | 531 |
| Total noninterest expense | $402,000 | 8,286 |
| Salaries and employee benefits | $0 | 9,245 |
| Premises and equipment expense | $5,000 | 9,200 |
| Additional noninterest expense | $397,000 | 5,033 |
| Pre-tax net operating income | $12,330,000 | 419 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $4,769,000 | 403 |
| Income before extraordinary items | $7,561,000 | 497 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $7,561,000 | 497 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-445,000 | 9,246 |
| Cash dividends | $0 | 5,215 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $7,561,000 | 464 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $13,678,000 | 553 |
| Total interest expense | $10,487,000 | 280 |
| Net interest income | $3,191,000 | 1,530 |
| Provision for loan and lease losses | $-212,000 | 9,286 |
| Total noninterest income | $3,265,000 | 559 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $0 | 8,142 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $3,265,000 | 395 |
| Total noninterest expense | $249,000 | 7,938 |
| Salaries and employee benefits | $0 | 9,285 |
| Premises and equipment expense | $3,000 | 9,213 |
| Additional noninterest expense | $246,000 | 4,267 |
| Pre-tax net operating income | $6,419,000 | 406 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $2,483,000 | 398 |
| Income before extraordinary items | $3,936,000 | 475 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $3,936,000 | 474 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-212,000 | 9,272 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $3,936,000 | 448 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $68,740,000 | 477 |
| Total interest expense | $45,692,000 | 299 |
| Net interest income | $23,048,000 | 836 |
| Provision for loan and lease losses | $-1,566,000 | 9,349 |
| Total noninterest income | $2,131,000 | 2,026 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $0 | 8,205 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $2,131,000 | 1,256 |
| Total noninterest expense | $1,498,000 | 6,850 |
| Salaries and employee benefits | $28,000 | 9,325 |
| Premises and equipment expense | $22,000 | 9,219 |
| Additional noninterest expense | $1,448,000 | 3,034 |
| Pre-tax net operating income | $25,247,000 | 391 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $9,768,000 | 365 |
| Income before extraordinary items | $15,479,000 | 449 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $15,479,000 | 451 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-1,566,000 | 9,351 |
| Cash dividends | $100,000,000 | 92 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $15,479,000 | 425 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $173,988,000 | 265 |
| Total interest expense | $134,083,000 | 184 |
| Net interest income | $39,905,000 | 475 |
| Provision for loan and lease losses | $-4,034,000 | 9,604 |
| Total noninterest income | $96,648,000 | 158 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $0 | 8,399 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $96,648,000 | 126 |
| Total noninterest expense | $38,576,000 | 448 |
| Salaries and employee benefits | $6,741,000 | 1,103 |
| Premises and equipment expense | $958,000 | 2,235 |
| Additional noninterest expense | $30,877,000 | 270 |
| Pre-tax net operating income | $102,011,000 | 155 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $35,798,000 | 153 |
| Income before extraordinary items | $66,213,000 | 162 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $66,213,000 | 160 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-4,034,000 | 9,613 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $66,213,000 | 155 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $420,968,000 | 151 |
| Total interest expense | $203,486,000 | 165 |
| Net interest income | $217,482,000 | 142 |
| Provision for loan and lease losses | $-6,937,000 | 9,899 |
| Total noninterest income | $1,135,365,000 | 29 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $0 | 8,617 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $1,135,365,000 | 19 |
| Total noninterest expense | $208,069,000 | 144 |
| Salaries and employee benefits | $24,510,000 | 312 |
| Premises and equipment expense | $2,291,000 | 869 |
| Additional noninterest expense | $181,268,000 | 97 |
| Pre-tax net operating income | $1,151,715,000 | 18 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $410,637,000 | 17 |
| Income before extraordinary items | $741,078,000 | 17 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $741,078,000 | 17 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $165,611,000 | 30 |
| Cash dividends | $1,185,012,000 | 8 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $741,078,000 | 18 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $383,581,000 | 142 |
| Total interest expense | $124,150,000 | 196 |
| Net interest income | $259,431,000 | 118 |
| Provision for loan and lease losses | $105,723,000 | 44 |
| Total noninterest income | $399,299,000 | 67 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $0 | 8,885 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $399,299,000 | 47 |
| Total noninterest expense | $120,176,000 | 201 |
| Salaries and employee benefits | $4,744,000 | 1,449 |
| Premises and equipment expense | $540,000 | 3,539 |
| Additional noninterest expense | $114,892,000 | 128 |
| Pre-tax net operating income | $432,831,000 | 56 |
| Securities gains (losses) | $-3,900,000 | 10,192 |
| Applicable income taxes | $156,526,000 | 57 |
| Income before extraordinary items | $272,405,000 | 55 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $272,405,000 | 55 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $124,955,000 | 32 |
| Cash dividends | $8,000 | 7,055 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $274,901,000 | 54 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $467,659,000 | 124 |
| Total interest expense | $153,745,000 | 169 |
| Net interest income | $313,914,000 | 101 |
| Provision for loan and lease losses | $154,000,000 | 34 |
| Total noninterest income | $376,289,000 | 67 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $0 | 9,085 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $376,289,000 | 44 |
| Total noninterest expense | $184,821,000 | 157 |
| Salaries and employee benefits | $3,785,000 | 1,749 |
| Premises and equipment expense | $824,000 | 2,376 |
| Additional noninterest expense | $180,212,000 | 91 |
| Pre-tax net operating income | $351,382,000 | 58 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $130,718,000 | 53 |
| Income before extraordinary items | $220,664,000 | 65 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $220,664,000 | 66 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $123,763,000 | 38 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $220,664,000 | 61 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $517,484,000 | 112 |
| Total interest expense | $126,644,000 | 199 |
| Net interest income | $390,840,000 | 83 |
| Provision for loan and lease losses | $381,662,000 | 14 |
| Total noninterest income | $97,244,000 | 148 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $0 | 9,486 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $97,244,000 | 111 |
| Total noninterest expense | $94,515,000 | 225 |
| Salaries and employee benefits | $1,762,000 | 3,714 |
| Premises and equipment expense | $140,000 | 8,021 |
| Additional noninterest expense | $92,613,000 | 142 |
| Pre-tax net operating income | $11,907,000 | 708 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $3,381,000 | 842 |
| Income before extraordinary items | $8,526,000 | 669 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $8,526,000 | 669 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $85,539,000 | 48 |
| Cash dividends | $11,000,000 | 347 |
| Sale, conversion, retirement of capital stock, net | $420,240,000 | 2 |
| Net operating income | $8,526,000 | 652 |
* 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.