Home > Fleet Bank > Income and Expense

Fleet Bank, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$974,899,000	66
Total interest expense	$377,693,000	87
Net interest income	$597,206,000	55
Provision for loan and lease losses	$141,737,000	31
Total noninterest income	$187,468,000	93
Gross Fiduciary activities income	$38,789,000	57
Service charges on deposit accounts	$56,958,000	58
Trading account gains and fees	$41,000	208
Additional Noninterest Income	$91,680,000	117
Total noninterest expense	$492,829,000	58
Salaries and employee benefits	$88,987,000	122
Premises and equipment expense	$54,900,000	67
Additional noninterest expense	$348,942,000	40
Pre-tax net operating income	$150,108,000	104
Securities gains (losses)	$7,626,000	58
Applicable income taxes	$60,100,000	96
Income before extraordinary items	$97,634,000	107
Extraordinary gains, net	$0	53
Net income	$97,634,000	106
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$134,592,000	27
Cash dividends	$60,000,000	124
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$92,753,360	109
1995-12-31 (YTD Data)		Rank
Total interest income	$1,099,126,000	52
Total interest expense	$470,503,000	56
Net interest income	$628,623,000	42
Provision for loan and lease losses	$48,517,000	56
Total noninterest income	$132,957,000	113
Gross Fiduciary activities income	$1,781,000	401
Service charges on deposit accounts	$70,964,000	37
Trading account gains and fees	$610,000	160
Additional Noninterest Income	$59,602,000	138
Total noninterest expense	$529,884,000	48
Salaries and employee benefits	$104,246,000	106
Premises and equipment expense	$58,526,000	61
Additional noninterest expense	$367,112,000	34
Pre-tax net operating income	$183,179,000	82
Securities gains (losses)	$-3,286,000	11,923
Applicable income taxes	$61,253,000	87
Income before extraordinary items	$118,640,000	84
Extraordinary gains, net	$0	65
Net income	$118,640,000	84
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$70,235,000	41
Cash dividends	$145,000,000	44
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$120,808,760	81
1994-12-31 (YTD Data)		Rank
Total interest income	$941,776,000	45
Total interest expense	$296,213,000	71
Net interest income	$645,563,000	37
Provision for loan and lease losses	$6,557,000	243
Total noninterest income	$111,882,000	125
Gross Fiduciary activities income	$8,000	1,489
Service charges on deposit accounts	$67,847,000	41
Trading account gains and fees	$411,000	153
Additional Noninterest Income	$43,616,000	168
Total noninterest expense	$504,399,000	52
Salaries and employee benefits	$133,054,000	71
Premises and equipment expense	$59,112,000	53
Additional noninterest expense	$312,233,000	35
Pre-tax net operating income	$246,489,000	56
Securities gains (losses)	$1,830,000	99
Applicable income taxes	$82,578,000	53
Income before extraordinary items	$165,741,000	54
Extraordinary gains, net	$0	249
Net income	$165,741,000	54
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$20,705,000	111
Cash dividends	$155,000,000	35
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$164,514,900	56
1993-12-31 (YTD Data)		Rank
Total interest income	$722,162,000	59
Total interest expense	$200,870,000	95
Net interest income	$521,292,000	46
Provision for loan and lease losses	$93,100,000	35
Total noninterest income	$93,690,000	134
Gross Fiduciary activities income	$0	1,630
Service charges on deposit accounts	$46,790,000	61
Trading account gains and fees	$783,000	152
Additional Noninterest Income	$46,117,000	142
Total noninterest expense	$363,643,000	69
Salaries and employee benefits	$127,643,000	72
Premises and equipment expense	$42,457,000	75
Additional noninterest expense	$193,543,000	67
Pre-tax net operating income	$158,239,000	73
Securities gains (losses)	$50,040,000	16
Applicable income taxes	$75,562,000	47
Income before extraordinary items	$132,717,000	57
Extraordinary gains, net	$7,539,000	40
Net income	$140,256,000	57
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$64,384,000	56
Cash dividends	$96,000,000	52
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$100,691,400	79
1992-12-31 (YTD Data)		Rank
Total interest income	$765,655,000	54
Total interest expense	$274,821,000	81
Net interest income	$490,834,000	43
Provision for loan and lease losses	$152,465,000	26
Total noninterest income	$153,158,000	80
Gross Fiduciary activities income	$0	1,658
Service charges on deposit accounts	$41,455,000	62
Trading account gains and fees	$853,000	143
Additional Noninterest Income	$110,850,000	63
Total noninterest expense	$378,067,000	66
Salaries and employee benefits	$137,193,000	65
Premises and equipment expense	$39,424,000	84
Additional noninterest expense	$201,450,000	59
Pre-tax net operating income	$113,460,000	75
Securities gains (losses)	$24,024,000	51
Applicable income taxes	$47,729,000	60
Income before extraordinary items	$89,755,000	74
Extraordinary gains, net	$4,252,000	42
Net income	$94,007,000	70
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$115,438,000	48
Cash dividends	$89,650,000	32
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$74,139,400	85

* 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.