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Fleet Bank, Income and Expense

1993-12-31 (YTD Data)Rank
Total interest income$179,490,000259
Total interest expense$40,344,000419
Net interest income$139,146,000200
Provision for loan and lease losses$10,200,000270
Total noninterest income$24,200,000346
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$17,641,000142
Trading account gains and fees$9,000421
Additional Noninterest Income$6,550,000561
Total noninterest expense$123,741,000210
Salaries and employee benefits$45,636,000201
Premises and equipment expense$18,095,000180
Additional noninterest expense$60,010,000199
Pre-tax net operating income$29,405,000300
Securities gains (losses)$10,408,00078
Applicable income taxes$13,274,000249
Income before extraordinary items$26,539,000261
Extraordinary gains, net$-281,00013,097
Net income$26,258,000272
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$22,609,000147
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$19,565,640305
1992-12-31 (YTD Data)Rank
Total interest income$194,664,000263
Total interest expense$60,818,000370
Net interest income$133,846,000200
Provision for loan and lease losses$77,261,00071
Total noninterest income$24,100,000343
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$16,419,000139
Trading account gains and fees$38,000335
Additional Noninterest Income$7,643,000499
Total noninterest expense$137,841,000179
Salaries and employee benefits$45,494,000195
Premises and equipment expense$17,766,000183
Additional noninterest expense$74,581,000158
Pre-tax net operating income$-57,156,00013,953
Securities gains (losses)$5,035,000209
Applicable income taxes$-25,091,00013,926
Income before extraordinary items$-27,030,00013,907
Extraordinary gains, net$01,422
Net income$-27,030,00013,903
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$72,665,00079
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$-30,252,40013,902

* 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.