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Fleet National Bank, Income and Expense

1999-12-31 (YTD Data)		Rank
Total interest income	$5,402,000,000	9
Total interest expense	$2,529,000,000	10
Net interest income	$2,873,000,000	8
Provision for loan and lease losses	$530,000,000	8
Total noninterest income	$2,965,000,000	10
Gross Fiduciary activities income	$282,000,000	18
Service charges on deposit accounts	$341,000,000	6
Trading account gains and fees	$61,000,000	14
Additional Noninterest Income	$2,281,000,000	10
Total noninterest expense	$3,671,000,000	8
Salaries and employee benefits	$1,666,000,000	8
Premises and equipment expense	$481,000,000	6
Additional noninterest expense	$1,524,000,000	13
Pre-tax net operating income	$1,637,000,000	12
Securities gains (losses)	$-5,000,000	10,196
Applicable income taxes	$606,000,000	11
Income before extraordinary items	$1,026,000,000	11
Extraordinary gains, net	$0	35
Net income	$1,026,000,000	11
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$531,000,000	9
Cash dividends	$1,137,000,000	9
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$1,029,200,000	11
1998-12-31 (YTD Data)		Rank
Total interest income	$4,820,000,000	14
Total interest expense	$2,153,000,000	13
Net interest income	$2,667,000,000	9
Provision for loan and lease losses	$400,000,000	11
Total noninterest income	$2,031,000,000	14
Gross Fiduciary activities income	$268,000,000	17
Service charges on deposit accounts	$328,000,000	7
Trading account gains and fees	$57,000,000	16
Additional Noninterest Income	$1,378,000,000	12
Total noninterest expense	$2,698,000,000	11
Salaries and employee benefits	$885,000,000	16
Premises and equipment expense	$253,000,000	17
Additional noninterest expense	$1,560,000,000	11
Pre-tax net operating income	$1,600,000,000	9
Securities gains (losses)	$33,000,000	26
Applicable income taxes	$621,000,000	10
Income before extraordinary items	$1,012,000,000	9
Extraordinary gains, net	$0	32
Net income	$1,012,000,000	9
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$381,000,000	15
Cash dividends	$530,000,000	16
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$990,880,000	9
1997-12-31 (YTD Data)		Rank
Total interest income	$4,100,136,000	13
Total interest expense	$1,656,107,000	17
Net interest income	$2,444,029,000	9
Provision for loan and lease losses	$208,550,000	22
Total noninterest income	$1,711,877,000	13
Gross Fiduciary activities income	$362,696,000	12
Service charges on deposit accounts	$297,634,000	7
Trading account gains and fees	$38,162,000	17
Additional Noninterest Income	$1,013,385,000	13
Total noninterest expense	$2,353,343,000	10
Salaries and employee benefits	$698,306,000	19
Premises and equipment expense	$233,567,000	19
Additional noninterest expense	$1,421,470,000	8
Pre-tax net operating income	$1,594,013,000	8
Securities gains (losses)	$9,722,000	48
Applicable income taxes	$634,984,000	6
Income before extraordinary items	$968,751,000	10
Extraordinary gains, net	$0	44
Net income	$968,751,000	10
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$241,791,000	19
Cash dividends	$774,688,000	7
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$962,528,920	10
1996-12-31 (YTD Data)		Rank
Total interest income	$3,244,050,000	11
Total interest expense	$1,508,215,000	14
Net interest income	$1,735,835,000	9
Provision for loan and lease losses	$-6,834,000	11,434
Total noninterest income	$1,691,684,000	11
Gross Fiduciary activities income	$295,272,000	11
Service charges on deposit accounts	$222,313,000	12
Trading account gains and fees	$25,253,000	20
Additional Noninterest Income	$1,148,846,000	8
Total noninterest expense	$2,100,911,000	8
Salaries and employee benefits	$645,873,000	18
Premises and equipment expense	$211,199,000	19
Additional noninterest expense	$1,243,839,000	8
Pre-tax net operating income	$1,333,442,000	6
Securities gains (losses)	$12,123,000	36
Applicable income taxes	$548,252,000	6
Income before extraordinary items	$797,313,000	7
Extraordinary gains, net	$0	53
Net income	$797,313,000	7
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$117,840,000	32
Cash dividends	$773,161,000	9
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$789,554,280	6
1995-12-31 (YTD Data)		Rank
Total interest income	$1,255,056,000	42
Total interest expense	$713,194,000	34
Net interest income	$541,862,000	54
Provision for loan and lease losses	$5,258,000	313
Total noninterest income	$268,078,000	60
Gross Fiduciary activities income	$84,978,000	29
Service charges on deposit accounts	$65,848,000	47
Trading account gains and fees	$2,858,000	82
Additional Noninterest Income	$114,394,000	85
Total noninterest expense	$756,896,000	31
Salaries and employee benefits	$277,219,000	35
Premises and equipment expense	$88,758,000	35
Additional noninterest expense	$390,919,000	33
Pre-tax net operating income	$47,786,000	265
Securities gains (losses)	$294,000	519
Applicable income taxes	$20,832,000	224
Income before extraordinary items	$27,248,000	290
Extraordinary gains, net	$0	65
Net income	$27,248,000	289
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$64,399,000	43
Cash dividends	$108,330,000	60
Sale, conversion, retirement of capital stock, net	$125,000,000	6
Net operating income	$27,059,840	286
1994-12-31 (YTD Data)		Rank
Total interest income	$960,817,000	43
Total interest expense	$408,884,000	36
Net interest income	$551,933,000	46
Provision for loan and lease losses	$6,680,000	240
Total noninterest income	$251,186,000	55
Gross Fiduciary activities income	$71,485,000	33
Service charges on deposit accounts	$63,325,000	46
Trading account gains and fees	$3,400,000	64
Additional Noninterest Income	$112,976,000	79
Total noninterest expense	$606,656,000	40
Salaries and employee benefits	$276,164,000	32
Premises and equipment expense	$88,186,000	34
Additional noninterest expense	$242,306,000	58
Pre-tax net operating income	$189,783,000	73
Securities gains (losses)	$-2,145,000	12,489
Applicable income taxes	$80,333,000	56
Income before extraordinary items	$107,305,000	83
Extraordinary gains, net	$0	249
Net income	$107,305,000	83
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$92,045,000	32
Cash dividends	$64,850,000	90
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$108,677,800	84
1993-12-31 (YTD Data)		Rank
Total interest income	$773,504,000	53
Total interest expense	$263,940,000	67
Net interest income	$509,564,000	47
Provision for loan and lease losses	$78,268,000	43
Total noninterest income	$278,396,000	44
Gross Fiduciary activities income	$72,197,000	33
Service charges on deposit accounts	$67,148,000	38
Trading account gains and fees	$4,700,000	67
Additional Noninterest Income	$134,351,000	61
Total noninterest expense	$625,603,000	39
Salaries and employee benefits	$271,794,000	31
Premises and equipment expense	$84,244,000	31
Additional noninterest expense	$269,565,000	45
Pre-tax net operating income	$84,089,000	143
Securities gains (losses)	$-12,428,000	13,280
Applicable income taxes	$-14,895,000	13,274
Income before extraordinary items	$86,556,000	98
Extraordinary gains, net	$32,761,000	13
Net income	$119,317,000	69
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$127,568,000	29
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$98,984,000	83
1992-12-31 (YTD Data)		Rank
Total interest income	$691,765,000	63
Total interest expense	$287,228,000	77
Net interest income	$404,537,000	57
Provision for loan and lease losses	$97,321,000	51
Total noninterest income	$249,115,000	44
Gross Fiduciary activities income	$74,336,000	24
Service charges on deposit accounts	$73,323,000	29
Trading account gains and fees	$7,603,000	52
Additional Noninterest Income	$93,853,000	80
Total noninterest expense	$582,910,000	34
Salaries and employee benefits	$225,248,000	31
Premises and equipment expense	$81,679,000	32
Additional noninterest expense	$275,983,000	37
Pre-tax net operating income	$-26,579,000	13,929
Securities gains (losses)	$15,598,000	86
Applicable income taxes	$-3,322,000	13,897
Income before extraordinary items	$-7,659,000	13,836
Extraordinary gains, net	$2,175,000	68
Net income	$-5,484,000	13,811
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$175,421,000	25
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$-18,577,600	13,881

* 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.