Home > GECC Financial Corporation > Income and Expense

GECC Financial Corporation, Income and Expense

2003-09-30 (YTD Data)Rank
Total interest income$91,0009,176
Total interest expense$21,0009,145
Net interest income$70,0009,172
Provision for loan and lease losses$-1,0009,003
Total noninterest income$2,0009,164
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$08,111
Trading account gains and fees$0153
Additional Noninterest Income$2,0009,035
Total noninterest expense$153,0009,179
Salaries and employee benefits$111,0009,132
Premises and equipment expense$18,0009,092
Additional noninterest expense$24,0009,209
Pre-tax net operating income$-80,0008,747
Securities gains (losses)$3,0003,777
Applicable income taxes$-37,0008,996
Income before extraordinary items$-40,0008,792
Extraordinary gains, net$040
Net income$-40,0008,792
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,967
Cash dividends$05,519
Sale, conversion, retirement of capital stock, net$0722
Net operating income$-41,9208,709
2003-06-30 (YTD Data)Rank
Total interest income$69,0009,219
Total interest expense$17,0009,183
Net interest income$52,0009,214
Provision for loan and lease losses$07,324
Total noninterest income$2,0009,192
Gross Fiduciary activities income$01,577
Service charges on deposit accounts$08,133
Trading account gains and fees$0150
Additional Noninterest Income$2,0009,014
Total noninterest expense$96,0009,219
Salaries and employee benefits$76,0009,156
Premises and equipment expense$12,0009,116
Additional noninterest expense$8,0009,249
Pre-tax net operating income$-42,0008,763
Securities gains (losses)$03,782
Applicable income taxes$-23,0009,039
Income before extraordinary items$-19,0008,816
Extraordinary gains, net$030
Net income$-19,0008,817
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$06,535
Cash dividends$05,215
Sale, conversion, retirement of capital stock, net$0589
Net operating income$-19,0008,713
2003-03-31 (YTD Data)Rank
Total interest income$35,0009,264
Total interest expense$12,0009,213
Net interest income$23,0009,260
Provision for loan and lease losses$06,934
Total noninterest income$09,248
Gross Fiduciary activities income$01,504
Service charges on deposit accounts$08,142
Trading account gains and fees$0134
Additional Noninterest Income$09,145
Total noninterest expense$45,0009,267
Salaries and employee benefits$37,0009,213
Premises and equipment expense$6,0009,130
Additional noninterest expense$2,0009,300
Pre-tax net operating income$-22,0008,819
Securities gains (losses)$02,891
Applicable income taxes$-12,0009,084
Income before extraordinary items$-10,0008,827
Extraordinary gains, net$021
Net income$-10,0008,824
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$05,539
Cash dividends$03,930
Sale, conversion, retirement of capital stock, net$0419
Net operating income$-10,0008,727
2002-12-31 (YTD Data)Rank
Total interest income$185,0009,281
Total interest expense$69,0009,220
Net interest income$116,0009,285
Provision for loan and lease losses$-2,0009,163
Total noninterest income$09,294
Gross Fiduciary activities income$01,713
Service charges on deposit accounts$08,205
Trading account gains and fees$0153
Additional Noninterest Income$09,201
Total noninterest expense$188,0009,303
Salaries and employee benefits$137,0009,251
Premises and equipment expense$22,0009,219
Additional noninterest expense$29,0009,327
Pre-tax net operating income$-70,0008,730
Securities gains (losses)$04,537
Applicable income taxes$-43,0008,978
Income before extraordinary items$-27,0008,766
Extraordinary gains, net$070
Net income$-27,0008,766
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,632
Cash dividends$06,377
Sale, conversion, retirement of capital stock, net$0862
Net operating income$-27,0008,689
2001-12-31 (YTD Data)Rank
Total interest income$404,0009,465
Total interest expense$106,0009,462
Net interest income$298,0009,415
Provision for loan and lease losses$-2,0009,419
Total noninterest income$09,561
Gross Fiduciary activities income$01,731
Service charges on deposit accounts$08,399
Trading account gains and fees$0177
Additional Noninterest Income$09,480
Total noninterest expense$184,0009,567
Salaries and employee benefits$118,0009,538
Premises and equipment expense$24,0009,458
Additional noninterest expense$42,0009,572
Pre-tax net operating income$116,0008,260
Securities gains (losses)$04,612
Applicable income taxes$36,0006,952
Income before extraordinary items$80,0008,446
Extraordinary gains, net$0105
Net income$80,0008,445
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,777
Cash dividends$06,617
Sale, conversion, retirement of capital stock, net$0922
Net operating income$80,0008,347
2000-12-31 (YTD Data)Rank
Total interest income$570,0009,659
Total interest expense$128,0009,724
Net interest income$442,0009,532
Provision for loan and lease losses$08,337
Total noninterest income$2,0009,820
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$08,617
Trading account gains and feesNANA
Additional Noninterest Income$2,0009,744
Total noninterest expense$162,0009,862
Salaries and employee benefits$113,0009,820
Premises and equipment expense$18,0009,783
Additional noninterest expense$31,0009,869
Pre-tax net operating income$282,0007,978
Securities gains (losses)$01,956
Applicable income taxes$106,0006,441
Income before extraordinary items$176,0008,228
Extraordinary gains, net$038
Net income$176,0008,227
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,622
Cash dividends$06,853
Sale, conversion, retirement of capital stock, net$0969
Net operating income$176,0008,234
1999-12-31 (YTD Data)Rank
Total interest income$486,0009,981
Total interest expense$136,00010,018
Net interest income$350,0009,897
Provision for loan and lease losses$-1,0009,950
Total noninterest income$1,00010,157
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$08,885
Trading account gains and feesNANA
Additional Noninterest Income$1,00010,109
Total noninterest expense$154,00010,182
Salaries and employee benefits$112,00010,121
Premises and equipment expense$17,00010,104
Additional noninterest expense$25,00010,199
Pre-tax net operating income$198,0008,596
Securities gains (losses)$03,155
Applicable income taxes$72,0007,308
Income before extraordinary items$126,0008,801
Extraordinary gains, net$035
Net income$126,0008,798
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,897
Cash dividends$07,131
Sale, conversion, retirement of capital stock, net$01,035
Net operating income$126,0008,766
1998-12-31 (YTD Data)Rank
Total interest income$548,00010,199
Total interest expense$138,00010,259
Net interest income$410,00010,065
Provision for loan and lease losses$08,652
Total noninterest income$6,00010,330
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$09,085
Trading account gains and feesNANA
Additional Noninterest Income$6,00010,162
Total noninterest expense$194,00010,384
Salaries and employee benefits$141,00010,286
Premises and equipment expense$20,00010,310
Additional noninterest expense$33,00010,430
Pre-tax net operating income$222,0008,811
Securities gains (losses)$04,449
Applicable income taxes$74,0007,918
Income before extraordinary items$148,0008,992
Extraordinary gains, net$032
Net income$148,0008,990
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,132
Cash dividends$07,473
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$148,0008,929
1997-12-31 (YTD Data)Rank
Total interest income$530,00010,696
Total interest expense$139,00010,740
Net interest income$391,00010,560
Provision for loan and lease losses$08,829
Total noninterest income$18,00010,712
Gross Fiduciary activities income$01,450
Service charges on deposit accounts$09,486
Trading account gains and fees$0239
Additional Noninterest Income$18,0009,956
Total noninterest expense$187,00010,839
Salaries and employee benefits$137,00010,741
Premises and equipment expense$22,00010,736
Additional noninterest expense$28,00010,891
Pre-tax net operating income$222,0009,450
Securities gains (losses)$03,944
Applicable income taxes$85,0008,663
Income before extraordinary items$137,0009,706
Extraordinary gains, net$044
Net income$137,0009,707
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,513
Cash dividends$07,871
Sale, conversion, retirement of capital stock, net$01,030
Net operating income$137,0009,659
1996-12-31 (YTD Data)Rank
Total interest income$529,00011,239
Total interest expense$171,00011,260
Net interest income$358,00011,161
Provision for loan and lease losses$6,0008,753
Total noninterest income$56,00010,746
Gross Fiduciary activities income$01,526
Service charges on deposit accounts$09,915
Trading account gains and fees$0262
Additional Noninterest Income$56,0008,626
Total noninterest expense$233,00011,332
Salaries and employee benefits$143,00011,265
Premises and equipment expense$37,00010,993
Additional noninterest expense$53,00011,374
Pre-tax net operating income$175,0009,935
Securities gains (losses)$04,148
Applicable income taxes$63,0009,453
Income before extraordinary items$112,00010,114
Extraordinary gains, net$053
Net income$112,00010,113
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,805
Cash dividends$08,336
Sale, conversion, retirement of capital stock, net$0953
Net operating income$112,00010,057
1995-12-31 (YTD Data)Rank
Total interest income$108,726,000423
Total interest expense$49,932,000447
Net interest income$58,794,000401
Provision for loan and lease losses$121,0004,076
Total noninterest income$18,466,000424
Gross Fiduciary activities income$01,590
Service charges on deposit accounts$010,339
Trading account gains and fees$0522
Additional Noninterest Income$18,466,000298
Total noninterest expense$15,688,000975
Salaries and employee benefits$9,780,000721
Premises and equipment expense$1,964,0001,077
Additional noninterest expense$3,944,0001,352
Pre-tax net operating income$61,451,000231
Securities gains (losses)$03,831
Applicable income taxes$24,449,000196
Income before extraordinary items$37,002,000240
Extraordinary gains, net$065
Net income$37,002,000239
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,495,000689
Cash dividends$08,717
Sale, conversion, retirement of capital stock, net$0809
Net operating income$37,002,000240
1994-12-31 (YTD Data)Rank
Total interest income$100,584,000399
Total interest expense$43,510,000402
Net interest income$57,074,000397
Provision for loan and lease losses$881,0001,017
Total noninterest income$970,0003,178
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$010,872
Trading account gains and fees$0475
Additional Noninterest Income$970,0001,874
Total noninterest expense$17,642,000891
Salaries and employee benefits$9,663,000725
Premises and equipment expense$2,560,000860
Additional noninterest expense$5,419,0001,097
Pre-tax net operating income$39,521,000288
Securities gains (losses)$146,000612
Applicable income taxes$15,757,000249
Income before extraordinary items$23,910,000290
Extraordinary gains, net$0249
Net income$23,910,000289
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$846,000978
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$23,816,560295
1993-12-31 (YTD Data)Rank
Total interest income$96,976,000404
Total interest expense$35,997,000456
Net interest income$60,979,000368
Provision for loan and lease losses$2,654,000660
Total noninterest income$1,670,0002,245
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$011,351
Trading account gains and fees$0532
Additional Noninterest Income$1,670,0001,420
Total noninterest expense$18,296,000906
Salaries and employee benefits$9,629,000724
Premises and equipment expense$2,632,000858
Additional noninterest expense$6,035,0001,092
Pre-tax net operating income$41,699,000244
Securities gains (losses)$07,477
Applicable income taxes$16,554,000212
Income before extraordinary items$25,145,000271
Extraordinary gains, net$03,149
Net income$25,145,000280
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,380,000913
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$25,145,000259
1992-12-31 (YTD Data)Rank
Total interest income$99,662,000438
Total interest expense$42,829,000501
Net interest income$56,833,000399
Provision for loan and lease losses$7,557,000454
Total noninterest income$1,832,0002,054
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$011,764
Trading account gains and fees$0504
Additional Noninterest Income$1,832,0001,317
Total noninterest expense$18,141,000919
Salaries and employee benefits$9,284,000744
Premises and equipment expense$2,706,000880
Additional noninterest expense$6,151,0001,119
Pre-tax net operating income$32,967,000230
Securities gains (losses)$08,369
Applicable income taxes$12,825,000221
Income before extraordinary items$20,142,000276
Extraordinary gains, net$01,422
Net income$20,142,000275
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,082,0001,489
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$20,142,000244

* 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.