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Fleet Bank, Income and Expense

1999-12-31 (YTD Data)		Rank
Total interest income	$1,759,000,000	45
Total interest expense	$703,000,000	49
Net interest income	$1,056,000,000	33
Provision for loan and lease losses	$32,000,000	106
Total noninterest income	$341,000,000	73
Gross Fiduciary activities income	$18,000,000	98
Service charges on deposit accounts	$170,000,000	20
Trading account gains and fees	$26,000,000	20
Additional Noninterest Income	$127,000,000	109
Total noninterest expense	$771,000,000	50
Salaries and employee benefits	$184,000,000	67
Premises and equipment expense	$103,000,000	45
Additional noninterest expense	$484,000,000	37
Pre-tax net operating income	$594,000,000	42
Securities gains (losses)	$3,000,000	101
Applicable income taxes	$256,000,000	34
Income before extraordinary items	$341,000,000	47
Extraordinary gains, net	$0	35
Net income	$341,000,000	48
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$88,000,000	47
Cash dividends	$365,000,000	30
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$339,080,000	48
1998-12-31 (YTD Data)		Rank
Total interest income	$1,749,000,000	39
Total interest expense	$728,000,000	49
Net interest income	$1,021,000,000	32
Provision for loan and lease losses	$62,000,000	66
Total noninterest income	$311,000,000	79
Gross Fiduciary activities income	$20,000,000	94
Service charges on deposit accounts	$162,000,000	18
Trading account gains and fees	$21,000,000	24
Additional Noninterest Income	$108,000,000	121
Total noninterest expense	$740,000,000	49
Salaries and employee benefits	$186,000,000	67
Premises and equipment expense	$111,000,000	38
Additional noninterest expense	$443,000,000	38
Pre-tax net operating income	$530,000,000	36
Securities gains (losses)	$4,000,000	145
Applicable income taxes	$228,000,000	27
Income before extraordinary items	$306,000,000	43
Extraordinary gains, net	$0	32
Net income	$306,000,000	44
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$71,000,000	54
Cash dividends	$125,000,000	69
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$303,440,000	44
1997-12-31 (YTD Data)		Rank
Total interest income	$1,632,873,000	40
Total interest expense	$577,002,000	54
Net interest income	$1,055,871,000	31
Provision for loan and lease losses	$108,000,000	43
Total noninterest income	$305,886,000	61
Gross Fiduciary activities income	$17,614,000	104
Service charges on deposit accounts	$167,230,000	20
Trading account gains and fees	$13,054,000	33
Additional Noninterest Income	$107,988,000	107
Total noninterest expense	$793,091,000	34
Salaries and employee benefits	$206,783,000	54
Premises and equipment expense	$121,320,000	31
Additional noninterest expense	$464,988,000	30
Pre-tax net operating income	$460,666,000	39
Securities gains (losses)	$5,000	2,787
Applicable income taxes	$207,142,000	25
Income before extraordinary items	$253,529,000	47
Extraordinary gains, net	$0	44
Net income	$253,529,000	47
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$117,145,000	40
Cash dividends	$255,000,000	37
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$253,525,800	47
1996-12-31 (YTD Data)		Rank
Total interest income	$1,047,582,000	58
Total interest expense	$377,219,000	88
Net interest income	$670,363,000	46
Provision for loan and lease losses	$40,601,000	86
Total noninterest income	$222,766,000	80
Gross Fiduciary activities income	$9,399,000	150
Service charges on deposit accounts	$106,125,000	21
Trading account gains and fees	$10,730,000	36
Additional Noninterest Income	$96,512,000	111
Total noninterest expense	$597,456,000	48
Salaries and employee benefits	$259,889,000	40
Premises and equipment expense	$108,282,000	31
Additional noninterest expense	$229,285,000	61
Pre-tax net operating income	$255,072,000	56
Securities gains (losses)	$209,000	675
Applicable income taxes	$121,776,000	41
Income before extraordinary items	$133,505,000	77
Extraordinary gains, net	$0	53
Net income	$133,505,000	76
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$68,282,000	54
Cash dividends	$30,000,000	212
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$133,371,240	73
1995-12-31 (YTD Data)		Rank
Total interest income	$1,942,547,000	23
Total interest expense	$978,528,000	24
Net interest income	$964,019,000	20
Provision for loan and lease losses	$21,668,000	112
Total noninterest income	$432,975,000	36
Gross Fiduciary activities income	$15,672,000	120
Service charges on deposit accounts	$139,723,000	13
Trading account gains and fees	$18,351,000	30
Additional Noninterest Income	$259,229,000	37
Total noninterest expense	$966,386,000	24
Salaries and employee benefits	$346,904,000	24
Premises and equipment expense	$128,825,000	24
Additional noninterest expense	$490,657,000	22
Pre-tax net operating income	$408,940,000	30
Securities gains (losses)	$62,604,000	6
Applicable income taxes	$174,539,000	24
Income before extraordinary items	$297,005,000	25
Extraordinary gains, net	$0	65
Net income	$297,005,000	24
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$86,873,000	34
Cash dividends	$138,000,000	46
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$256,938,440	31
1994-12-31 (YTD Data)		Rank
Total interest income	$475,365,000	109
Total interest expense	$145,721,000	159
Net interest income	$329,644,000	85
Provision for loan and lease losses	$15,200,000	146
Total noninterest income	$96,341,000	150
Gross Fiduciary activities income	$10,606,000	144
Service charges on deposit accounts	$44,173,000	70
Trading account gains and fees	$79,000	251
Additional Noninterest Income	$41,483,000	175
Total noninterest expense	$314,984,000	82
Salaries and employee benefits	$119,452,000	82
Premises and equipment expense	$42,684,000	79
Additional noninterest expense	$152,848,000	89
Pre-tax net operating income	$95,801,000	151
Securities gains (losses)	$343,000	356
Applicable income taxes	$-1,479,000	12,539
Income before extraordinary items	$97,623,000	94
Extraordinary gains, net	$0	249
Net income	$97,623,000	94
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$49,377,000	52
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$97,280,000	97
1993-12-31 (YTD Data)		Rank
Total interest income	$407,331,000	119
Total interest expense	$138,309,000	143
Net interest income	$269,022,000	107
Provision for loan and lease losses	$13,167,000	229
Total noninterest income	$90,433,000	138
Gross Fiduciary activities income	$11,044,000	140
Service charges on deposit accounts	$36,938,000	79
Trading account gains and fees	$-1,000	5,052
Additional Noninterest Income	$42,452,000	154
Total noninterest expense	$301,034,000	83
Salaries and employee benefits	$98,801,000	100
Premises and equipment expense	$39,043,000	81
Additional noninterest expense	$163,190,000	76
Pre-tax net operating income	$45,254,000	230
Securities gains (losses)	$31,968,000	23
Applicable income taxes	$-21,529,000	13,277
Income before extraordinary items	$98,751,000	91
Extraordinary gains, net	$1,554,000	151
Net income	$100,305,000	92
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$76,033,000	50
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$66,783,000	129
1992-12-31 (YTD Data)		Rank
Total interest income	$431,207,000	118
Total interest expense	$182,644,000	134
Net interest income	$248,563,000	106
Provision for loan and lease losses	$29,668,000	165
Total noninterest income	$79,833,000	145
Gross Fiduciary activities income	$9,639,000	145
Service charges on deposit accounts	$28,239,000	85
Trading account gains and fees	$0	504
Additional Noninterest Income	$41,955,000	148
Total noninterest expense	$266,836,000	90
Salaries and employee benefits	$117,979,000	77
Premises and equipment expense	$40,127,000	79
Additional noninterest expense	$108,730,000	107
Pre-tax net operating income	$31,892,000	236
Securities gains (losses)	$13,732,000	92
Applicable income taxes	$20,282,000	146
Income before extraordinary items	$25,342,000	228
Extraordinary gains, net	$16,864,000	15
Net income	$42,206,000	156
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$48,280,000	107
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$16,553,520	286

* 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.