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First Vermont Bank, Income and Expense

2001-12-31 (YTD Data)		Rank
Total interest income	$55,215,000	638
Total interest expense	$21,003,000	779
Net interest income	$34,212,000	546
Provision for loan and lease losses	$383,000	2,720
Total noninterest income	$3,842,000	1,216
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$2,093,000	711
Trading account gains and fees	$0	177
Additional Noninterest Income	$1,749,000	1,360
Total noninterest expense	$17,101,000	874
Salaries and employee benefits	$4,359,000	1,724
Premises and equipment expense	$1,836,000	1,159
Additional noninterest expense	$10,906,000	541
Pre-tax net operating income	$20,570,000	413
Securities gains (losses)	$53,000	2,288
Applicable income taxes	$6,956,000	433
Income before extraordinary items	$13,667,000	444
Extraordinary gains, net	$0	105
Net income	$13,667,000	443
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,686,000	643
Cash dividends	$14,655,000	287
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$13,632,020	420
2000-12-31 (YTD Data)		Rank
Total interest income	$61,478,000	611
Total interest expense	$28,095,000	661
Net interest income	$33,383,000	561
Provision for loan and lease losses	$1,533,000	746
Total noninterest income	$7,188,000	713
Gross Fiduciary activities income	$0	1,332
Service charges on deposit accounts	$1,937,000	700
Trading account gains and fees	$-16,000	4,495
Additional Noninterest Income	$5,267,000	613
Total noninterest expense	$24,664,000	648
Salaries and employee benefits	$5,479,000	1,291
Premises and equipment expense	$2,439,000	819
Additional noninterest expense	$16,746,000	399
Pre-tax net operating income	$14,374,000	583
Securities gains (losses)	$23,000	925
Applicable income taxes	$4,478,000	588
Income before extraordinary items	$9,919,000	576
Extraordinary gains, net	$0	38
Net income	$9,919,000	576
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,533,000	557
Cash dividends	$8,973,000	412
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$9,903,130	572
1999-12-31 (YTD Data)		Rank
Total interest income	$57,885,000	615
Total interest expense	$23,770,000	688
Net interest income	$34,115,000	569
Provision for loan and lease losses	$2,575,000	457
Total noninterest income	$12,950,000	525
Gross Fiduciary activities income	$0	1,380
Service charges on deposit accounts	$1,966,000	671
Trading account gains and fees	$34,000	137
Additional Noninterest Income	$10,950,000	426
Total noninterest expense	$27,728,000	577
Salaries and employee benefits	$8,825,000	785
Premises and equipment expense	$2,427,000	828
Additional noninterest expense	$16,476,000	416
Pre-tax net operating income	$16,762,000	554
Securities gains (losses)	$22,000	1,340
Applicable income taxes	$5,488,000	562
Income before extraordinary items	$11,296,000	564
Extraordinary gains, net	$0	35
Net income	$11,296,000	564
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,889,000	471
Cash dividends	$5,130,000	642
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$11,281,260	560
1998-12-31 (YTD Data)		Rank
Total interest income	$52,567,000	652
Total interest expense	$22,629,000	723
Net interest income	$29,938,000	599
Provision for loan and lease losses	$2,700,000	473
Total noninterest income	$12,236,000	530
Gross Fiduciary activities income	$0	1,398
Service charges on deposit accounts	$1,686,000	741
Trading account gains and fees	$4,000	207
Additional Noninterest Income	$10,546,000	423
Total noninterest expense	$26,162,000	593
Salaries and employee benefits	$8,581,000	778
Premises and equipment expense	$2,235,000	870
Additional noninterest expense	$15,346,000	423
Pre-tax net operating income	$13,312,000	620
Securities gains (losses)	$80,000	1,427
Applicable income taxes	$4,466,000	625
Income before extraordinary items	$8,926,000	652
Extraordinary gains, net	$0	32
Net income	$8,926,000	650
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,769,000	504
Cash dividends	$10,215,000	371
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$8,872,400	619
1997-12-31 (YTD Data)		Rank
Total interest income	$51,175,000	683
Total interest expense	$21,405,000	773
Net interest income	$29,770,000	614
Provision for loan and lease losses	$2,284,000	525
Total noninterest income	$10,092,000	570
Gross Fiduciary activities income	$0	1,450
Service charges on deposit accounts	$1,508,000	850
Trading account gains and fees	$0	239
Additional Noninterest Income	$8,584,000	456
Total noninterest expense	$24,415,000	616
Salaries and employee benefits	$7,675,000	864
Premises and equipment expense	$2,402,000	837
Additional noninterest expense	$14,338,000	428
Pre-tax net operating income	$13,163,000	639
Securities gains (losses)	$197,000	710
Applicable income taxes	$4,619,000	641
Income before extraordinary items	$8,741,000	657
Extraordinary gains, net	$0	44
Net income	$8,741,000	657
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,460,000	442
Cash dividends	$5,746,000	568
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$8,612,950	645
1996-12-31 (YTD Data)		Rank
Total interest income	$48,116,000	759
Total interest expense	$19,627,000	857
Net interest income	$28,489,000	683
Provision for loan and lease losses	$946,000	1,071
Total noninterest income	$10,724,000	561
Gross Fiduciary activities income	$310,000	849
Service charges on deposit accounts	$1,244,000	1,056
Trading account gains and fees	$0	262
Additional Noninterest Income	$9,170,000	449
Total noninterest expense	$23,446,000	689
Salaries and employee benefits	$7,555,000	905
Premises and equipment expense	$2,485,000	880
Additional noninterest expense	$13,406,000	537
Pre-tax net operating income	$14,821,000	570
Securities gains (losses)	$4,000	3,123
Applicable income taxes	$5,128,000	570
Income before extraordinary items	$9,697,000	597
Extraordinary gains, net	$7,215,000	3
Net income	$16,912,000	387
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$2,366,000	513
Cash dividends	$17,688,000	308
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$9,694,400	582
1995-12-31 (YTD Data)		Rank
Total interest income	$47,326,000	792
Total interest expense	$20,055,000	882
Net interest income	$27,271,000	729
Provision for loan and lease losses	$1,200,000	822
Total noninterest income	$10,142,000	599
Gross Fiduciary activities income	$3,911,000	257
Service charges on deposit accounts	$1,202,000	1,104
Trading account gains and fees	$0	522
Additional Noninterest Income	$5,029,000	660
Total noninterest expense	$24,517,000	675
Salaries and employee benefits	$7,922,000	873
Premises and equipment expense	$2,577,000	854
Additional noninterest expense	$14,018,000	527
Pre-tax net operating income	$11,696,000	726
Securities gains (losses)	$6,000	2,714
Applicable income taxes	$3,395,000	824
Income before extraordinary items	$8,307,000	700
Extraordinary gains, net	$0	65
Net income	$8,307,000	700
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,213,000	778
Cash dividends	$2,185,000	1,162
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$8,302,740	692
1994-12-31 (YTD Data)		Rank
Total interest income	$41,213,000	815
Total interest expense	$15,189,000	899
Net interest income	$26,024,000	750
Provision for loan and lease losses	$397,000	1,843
Total noninterest income	$11,787,000	525
Gross Fiduciary activities income	$3,797,000	258
Service charges on deposit accounts	$1,321,000	1,003
Trading account gains and fees	$0	475
Additional Noninterest Income	$6,669,000	537
Total noninterest expense	$30,008,000	588
Salaries and employee benefits	$8,699,000	793
Premises and equipment expense	$2,569,000	857
Additional noninterest expense	$18,740,000	459
Pre-tax net operating income	$7,406,000	1,028
Securities gains (losses)	$-599,000	12,293
Applicable income taxes	$1,300,000	1,762
Income before extraordinary items	$5,507,000	938
Extraordinary gains, net	$0	249
Net income	$5,507,000	934
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$635,000	1,162
Cash dividends	$899,000	2,103
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$5,992,190	878
1993-12-31 (YTD Data)		Rank
Total interest income	$40,744,000	823
Total interest expense	$14,791,000	941
Net interest income	$25,953,000	750
Provision for loan and lease losses	$-214,000	13,057
Total noninterest income	$12,816,000	511
Gross Fiduciary activities income	$3,932,000	253
Service charges on deposit accounts	$1,499,000	876
Trading account gains and fees	$0	532
Additional Noninterest Income	$7,385,000	525
Total noninterest expense	$32,847,000	574
Salaries and employee benefits	$10,659,000	676
Premises and equipment expense	$2,414,000	918
Additional noninterest expense	$19,774,000	469
Pre-tax net operating income	$6,136,000	1,136
Securities gains (losses)	$82,000	2,771
Applicable income taxes	$2,120,000	1,143
Income before extraordinary items	$4,098,000	1,246
Extraordinary gains, net	$-2,854,000	13,245
Net income	$1,244,000	3,979
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,051,000	1,112
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$4,043,880	1,168
1992-12-31 (YTD Data)		Rank
Total interest income	$46,881,000	828
Total interest expense	$22,530,000	824
Net interest income	$24,351,000	804
Provision for loan and lease losses	$5,864,000	540
Total noninterest income	$10,732,000	573
Gross Fiduciary activities income	$3,637,000	269
Service charges on deposit accounts	$1,738,000	765
Trading account gains and fees	$0	504
Additional Noninterest Income	$5,357,000	648
Total noninterest expense	$33,335,000	560
Salaries and employee benefits	$12,268,000	600
Premises and equipment expense	$2,785,000	850
Additional noninterest expense	$18,282,000	487
Pre-tax net operating income	$-4,116,000	13,761
Securities gains (losses)	$224,000	1,852
Applicable income taxes	$-1,123,000	13,835
Income before extraordinary items	$-2,769,000	13,733
Extraordinary gains, net	$0	1,422
Net income	$-2,769,000	13,730
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$8,576,000	368
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$-2,928,040	13,695

* 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.