Home > First Union National Bank of Georgia > Income and Expense

First Union National Bank of Georgia, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$891,030,000	73
Total interest expense	$439,807,000	69
Net interest income	$451,223,000	72
Provision for loan and lease losses	$216,000,000	17
Total noninterest income	$282,712,000	59
Gross Fiduciary activities income	$12,016,000	127
Service charges on deposit accounts	$71,996,000	43
Trading account gains and fees	$170,000	159
Additional Noninterest Income	$198,530,000	54
Total noninterest expense	$416,598,000	67
Salaries and employee benefits	$93,576,000	114
Premises and equipment expense	$36,657,000	98
Additional noninterest expense	$286,365,000	53
Pre-tax net operating income	$101,337,000	146
Securities gains (losses)	$-12,280,000	11,451
Applicable income taxes	$27,304,000	181
Income before extraordinary items	$61,753,000	161
Extraordinary gains, net	$0	53
Net income	$61,753,000	160
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$153,699,000	23
Cash dividends	$70,000,000	111
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$70,226,200	137
1995-12-31 (YTD Data)		Rank
Total interest income	$777,367,000	80
Total interest expense	$395,263,000	78
Net interest income	$382,104,000	76
Provision for loan and lease losses	$1,000	8,909
Total noninterest income	$185,958,000	84
Gross Fiduciary activities income	$12,203,000	135
Service charges on deposit accounts	$61,930,000	53
Trading account gains and fees	$241,000	224
Additional Noninterest Income	$111,584,000	91
Total noninterest expense	$377,892,000	72
Salaries and employee benefits	$93,620,000	117
Premises and equipment expense	$33,956,000	107
Additional noninterest expense	$250,316,000	55
Pre-tax net operating income	$190,169,000	78
Securities gains (losses)	$6,146,000	47
Applicable income taxes	$69,407,000	71
Income before extraordinary items	$126,908,000	77
Extraordinary gains, net	$0	65
Net income	$126,908,000	77
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$48,412,000	59
Cash dividends	$9,002,000	413
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$122,913,100	78
1994-12-31 (YTD Data)		Rank
Total interest income	$602,423,000	86
Total interest expense	$282,091,000	76
Net interest income	$320,332,000	89
Provision for loan and lease losses	$7,958,000	218
Total noninterest income	$153,725,000	91
Gross Fiduciary activities income	$8,864,000	161
Service charges on deposit accounts	$61,268,000	50
Trading account gains and fees	$300,000	168
Additional Noninterest Income	$83,293,000	103
Total noninterest expense	$343,828,000	76
Salaries and employee benefits	$97,032,000	113
Premises and equipment expense	$37,685,000	93
Additional noninterest expense	$209,111,000	69
Pre-tax net operating income	$122,271,000	116
Securities gains (losses)	$-4,905,000	12,548
Applicable income taxes	$41,559,000	112
Income before extraordinary items	$75,807,000	127
Extraordinary gains, net	$0	249
Net income	$75,807,000	127
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$20,263,000	112
Cash dividends	$134,000,000	41
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$78,995,250	121
1993-12-31 (YTD Data)		Rank
Total interest income	$548,473,000	83
Total interest expense	$257,737,000	69
Net interest income	$290,736,000	99
Provision for loan and lease losses	$37,229,000	99
Total noninterest income	$151,853,000	85
Gross Fiduciary activities income	$8,026,000	169
Service charges on deposit accounts	$59,083,000	47
Trading account gains and fees	$228,000	218
Additional Noninterest Income	$84,516,000	90
Total noninterest expense	$293,669,000	86
Salaries and employee benefits	$100,326,000	99
Premises and equipment expense	$36,386,000	91
Additional noninterest expense	$156,957,000	79
Pre-tax net operating income	$111,691,000	107
Securities gains (losses)	$9,392,000	85
Applicable income taxes	$40,496,000	102
Income before extraordinary items	$80,587,000	111
Extraordinary gains, net	$4,938,000	65
Net income	$85,525,000	105
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$56,493,000	69
Cash dividends	$65,000,000	73
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$74,294,360	111
1992-12-31 (YTD Data)		Rank
Total interest income	$390,818,000	131
Total interest expense	$140,395,000	172
Net interest income	$250,423,000	105
Provision for loan and lease losses	$69,986,000	78
Total noninterest income	$130,121,000	93
Gross Fiduciary activities income	$7,497,000	174
Service charges on deposit accounts	$37,488,000	66
Trading account gains and fees	$167,000	238
Additional Noninterest Income	$84,969,000	88
Total noninterest expense	$179,223,000	137
Salaries and employee benefits	$62,712,000	144
Premises and equipment expense	$26,558,000	123
Additional noninterest expense	$89,953,000	132
Pre-tax net operating income	$131,335,000	63
Securities gains (losses)	$1,262,000	550
Applicable income taxes	$43,681,000	69
Income before extraordinary items	$88,916,000	76
Extraordinary gains, net	$0	1,422
Net income	$88,916,000	76
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$29,275,000	155
Cash dividends	$30,000,000	90
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$88,070,460	71

* 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.