Home > First Union National Bank of Washington, D.C. > Income and Expense

First Union National Bank of Washington, D.C., Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$151,834,000320
Total interest expense$72,124,000328
Net interest income$79,710,000305
Provision for loan and lease losses$9,000,000227
Total noninterest income$28,311,000312
Gross Fiduciary activities income$6,183,000197
Service charges on deposit accounts$11,051,000186
Trading account gains and fees$0262
Additional Noninterest Income$11,077,000403
Total noninterest expense$55,425,000366
Salaries and employee benefits$9,111,000764
Premises and equipment expense$7,097,000362
Additional noninterest expense$39,217,000281
Pre-tax net operating income$43,596,000266
Securities gains (losses)$928,000268
Applicable income taxes$21,867,000214
Income before extraordinary items$22,657,000314
Extraordinary gains, net$053
Net income$22,657,000314
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$16,558,000145
Cash dividends$31,000,000207
Sale, conversion, retirement of capital stock, net$0953
Net operating income$22,063,080312
1995-12-31 (YTD Data)Rank
Total interest income$112,391,000414
Total interest expense$58,275,000393
Net interest income$54,116,000430
Provision for loan and lease losses$-8,493,00011,953
Total noninterest income$26,020,000344
Gross Fiduciary activities income$4,880,000236
Service charges on deposit accounts$8,926,000232
Trading account gains and fees$9,000434
Additional Noninterest Income$12,205,000379
Total noninterest expense$42,969,000444
Salaries and employee benefits$9,200,000765
Premises and equipment expense$7,635,000358
Additional noninterest expense$26,134,000364
Pre-tax net operating income$45,660,000275
Securities gains (losses)$-4,194,00011,938
Applicable income taxes$17,630,000252
Income before extraordinary items$23,836,000315
Extraordinary gains, net$065
Net income$23,836,000314
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,146,000545
Cash dividends$21,000,000246
Sale, conversion, retirement of capital stock, net$0809
Net operating income$26,520,160291
1994-12-31 (YTD Data)Rank
Total interest income$85,613,000455
Total interest expense$39,123,000434
Net interest income$46,490,000464
Provision for loan and lease losses$-1,894,00012,554
Total noninterest income$32,152,000299
Gross Fiduciary activities income$3,915,000253
Service charges on deposit accounts$8,753,000228
Trading account gains and fees$30,000311
Additional Noninterest Income$19,454,000273
Total noninterest expense$54,907,000377
Salaries and employee benefits$13,884,000527
Premises and equipment expense$9,047,000318
Additional noninterest expense$31,976,000317
Pre-tax net operating income$25,629,000378
Securities gains (losses)$-917,00012,385
Applicable income taxes$8,963,000375
Income before extraordinary items$15,749,000392
Extraordinary gains, net$0249
Net income$15,749,000393
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$93,0003,872
Cash dividends$5,000,000560
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$16,335,880386
1993-12-31 (YTD Data)Rank
Total interest income$34,834,000926
Total interest expense$16,619,000858
Net interest income$18,215,0001,005
Provision for loan and lease losses$4,155,000501
Total noninterest income$20,827,000375
Gross Fiduciary activities income$1,759,000405
Service charges on deposit accounts$5,618,000290
Trading account gains and fees$122,000253
Additional Noninterest Income$13,328,000364
Total noninterest expense$33,140,000566
Salaries and employee benefits$8,761,000790
Premises and equipment expense$3,934,000612
Additional noninterest expense$20,445,000453
Pre-tax net operating income$1,747,0003,795
Securities gains (losses)$-329,00013,237
Applicable income taxes$-677,00013,152
Income before extraordinary items$2,095,0002,387
Extraordinary gains, net$-231,00013,072
Net income$1,864,0002,773
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$4,001,000473
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$2,424,0001,934
1992-12-31 (YTD Data)Rank
Total interest income$8,156,0004,223
Total interest expense$4,990,0003,313
Net interest income$3,166,0005,462
Provision for loan and lease losses$7,479,000460
Total noninterest income$1,041,0003,210
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$668,0002,038
Trading account gains and fees$0504
Additional Noninterest Income$373,0003,867
Total noninterest expense$6,669,0002,209
Salaries and employee benefits$992,0006,074
Premises and equipment expense$800,0002,600
Additional noninterest expense$4,877,0001,354
Pre-tax net operating income$-9,941,00013,873
Securities gains (losses)$174,0002,214
Applicable income taxes$-3,241,00013,896
Income before extraordinary items$-6,526,00013,828
Extraordinary gains, net$01,422
Net income$-6,526,00013,828
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$3,710,000638
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$-6,642,58013,804

* 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.