Home > Gloucester Bank & Trust Company > Income and Expense
Gloucester Bank & Trust Company, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $940,000 | 9,195 |
| Total interest expense | $372,000 | 9,199 |
| Net interest income | $568,000 | 9,088 |
| Provision for loan and lease losses | $50,000 | 6,655 |
| Total noninterest income | $78,000 | 8,807 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $69,000 | 7,188 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $9,000 | 9,168 |
| Total noninterest expense | $474,000 | 9,231 |
| Salaries and employee benefits | $103,000 | 9,550 |
| Premises and equipment expense | $100,000 | 8,307 |
| Additional noninterest expense | $271,000 | 8,065 |
| Pre-tax net operating income | $122,000 | 8,228 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $151,000 | 5,436 |
| Income before extraordinary items | $-29,000 | 8,874 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $-29,000 | 8,875 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-36,000 | 9,351 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $-29,000 | 8,796 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $4,992,000 | 5,738 |
| Total interest expense | $2,276,000 | 5,865 |
| Net interest income | $2,716,000 | 5,515 |
| Provision for loan and lease losses | $0 | 8,337 |
| Total noninterest income | $307,000 | 6,244 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $220,000 | 4,867 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $87,000 | 6,735 |
| Total noninterest expense | $2,047,000 | 5,594 |
| Salaries and employee benefits | $787,000 | 6,793 |
| Premises and equipment expense | $356,000 | 4,874 |
| Additional noninterest expense | $904,000 | 4,319 |
| Pre-tax net operating income | $976,000 | 5,316 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $527,000 | 3,367 |
| Income before extraordinary items | $449,000 | 6,592 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $449,000 | 6,590 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-38,000 | 9,552 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $449,000 | 6,611 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $8,815,000 | 3,589 |
| Total interest expense | $3,910,000 | 3,654 |
| Net interest income | $4,905,000 | 3,501 |
| Provision for loan and lease losses | $0 | 8,503 |
| Total noninterest income | $837,000 | 3,509 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $427,000 | 3,046 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $410,000 | 3,362 |
| Total noninterest expense | $4,461,000 | 3,006 |
| Salaries and employee benefits | $2,231,000 | 3,111 |
| Premises and equipment expense | $1,006,000 | 2,039 |
| Additional noninterest expense | $1,224,000 | 3,365 |
| Pre-tax net operating income | $1,281,000 | 4,570 |
| Securities gains (losses) | $66,000 | 884 |
| Applicable income taxes | $515,000 | 3,573 |
| Income before extraordinary items | $832,000 | 4,976 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $832,000 | 4,976 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $12,000 | 6,647 |
| Cash dividends | $490,000 | 3,585 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $789,760 | 5,090 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $8,363,000 | 3,774 |
| Total interest expense | $3,565,000 | 4,057 |
| Net interest income | $4,798,000 | 3,539 |
| Provision for loan and lease losses | $0 | 8,652 |
| Total noninterest income | $844,000 | 3,480 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $421,000 | 2,993 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $423,000 | 3,312 |
| Total noninterest expense | $3,682,000 | 3,457 |
| Salaries and employee benefits | $1,813,000 | 3,645 |
| Premises and equipment expense | $797,000 | 2,456 |
| Additional noninterest expense | $1,072,000 | 3,715 |
| Pre-tax net operating income | $1,960,000 | 3,393 |
| Securities gains (losses) | $4,000 | 3,561 |
| Applicable income taxes | $827,000 | 2,668 |
| Income before extraordinary items | $1,137,000 | 4,091 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,137,000 | 4,090 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-9,000 | 9,586 |
| Cash dividends | $924,000 | 2,358 |
| Sale, conversion, retirement of capital stock, net | $-122,000 | 10,340 |
| Net operating income | $1,134,440 | 4,009 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $8,411,000 | 3,791 |
| Total interest expense | $3,672,000 | 3,977 |
| Net interest income | $4,739,000 | 3,664 |
| Provision for loan and lease losses | $0 | 8,829 |
| Total noninterest income | $721,000 | 3,893 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $462,000 | 2,829 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $259,000 | 4,283 |
| Total noninterest expense | $3,468,000 | 3,640 |
| Salaries and employee benefits | $1,817,000 | 3,607 |
| Premises and equipment expense | $733,000 | 2,627 |
| Additional noninterest expense | $918,000 | 4,237 |
| Pre-tax net operating income | $1,992,000 | 3,546 |
| Securities gains (losses) | $70,000 | 1,148 |
| Applicable income taxes | $860,000 | 2,770 |
| Income before extraordinary items | $1,202,000 | 4,054 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,202,000 | 4,053 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-23,000 | 10,263 |
| Cash dividends | $473,000 | 3,622 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,157,200 | 4,119 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $7,528,000 | 4,260 |
| Total interest expense | $3,267,000 | 4,445 |
| Net interest income | $4,261,000 | 4,069 |
| Provision for loan and lease losses | $0 | 9,041 |
| Total noninterest income | $685,000 | 4,173 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $466,000 | 2,901 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $219,000 | 4,928 |
| Total noninterest expense | $3,333,000 | 3,964 |
| Salaries and employee benefits | $1,779,000 | 3,708 |
| Premises and equipment expense | $702,000 | 2,785 |
| Additional noninterest expense | $852,000 | 4,948 |
| Pre-tax net operating income | $1,613,000 | 4,101 |
| Securities gains (losses) | $98,000 | 968 |
| Applicable income taxes | $714,000 | 3,138 |
| Income before extraordinary items | $997,000 | 4,528 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $997,000 | 4,529 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-26,000 | 10,789 |
| Cash dividends | $473,000 | 3,551 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $934,280 | 4,693 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,989,000 | 4,563 |
| Total interest expense | $2,783,000 | 5,079 |
| Net interest income | $4,206,000 | 4,137 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $671,000 | 4,221 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $508,000 | 2,674 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $163,000 | 5,743 |
| Total noninterest expense | $3,103,000 | 4,160 |
| Salaries and employee benefits | $1,623,000 | 3,995 |
| Premises and equipment expense | $608,000 | 3,174 |
| Additional noninterest expense | $872,000 | 4,901 |
| Pre-tax net operating income | $1,774,000 | 3,886 |
| Securities gains (losses) | $-16,000 | 10,415 |
| Applicable income taxes | $733,000 | 3,115 |
| Income before extraordinary items | $1,025,000 | 4,500 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,025,000 | 4,498 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $85,000 | 4,093 |
| Cash dividends | $473,000 | 3,490 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,035,240 | 4,453 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,540,000 | 5,205 |
| Total interest expense | $1,958,000 | 5,702 |
| Net interest income | $3,582,000 | 4,847 |
| Provision for loan and lease losses | $-190,000 | 12,305 |
| Total noninterest income | $624,000 | 4,530 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $512,000 | 2,677 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $112,000 | 7,162 |
| Total noninterest expense | $3,073,000 | 4,321 |
| Salaries and employee benefits | $1,425,000 | 4,485 |
| Premises and equipment expense | $606,000 | 3,241 |
| Additional noninterest expense | $1,042,000 | 4,557 |
| Pre-tax net operating income | $1,323,000 | 4,878 |
| Securities gains (losses) | $-97,000 | 11,509 |
| Applicable income taxes | $510,000 | 3,997 |
| Income before extraordinary items | $716,000 | 5,817 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $716,000 | 5,832 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $250,000 | 2,149 |
| Cash dividends | $236,000 | 5,097 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $778,080 | 5,541 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,084,000 | 5,694 |
| Total interest expense | $1,813,000 | 6,304 |
| Net interest income | $3,271,000 | 5,247 |
| Provision for loan and lease losses | $525,000 | 2,025 |
| Total noninterest income | $665,000 | 4,601 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $485,000 | 2,879 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $180,000 | 5,992 |
| Total noninterest expense | $2,974,000 | 4,551 |
| Salaries and employee benefits | $1,466,000 | 4,365 |
| Premises and equipment expense | $576,000 | 3,449 |
| Additional noninterest expense | $932,000 | 5,226 |
| Pre-tax net operating income | $437,000 | 9,120 |
| Securities gains (losses) | $49,000 | 3,427 |
| Applicable income taxes | $193,000 | 7,749 |
| Income before extraordinary items | $293,000 | 9,568 |
| Extraordinary gains, net | $20,000 | 2,703 |
| Net income | $313,000 | 9,499 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,000 | 9,293 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $261,640 | 9,651 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,581,000 | 5,826 |
| Total interest expense | $2,452,000 | 6,078 |
| Net interest income | $3,130,000 | 5,519 |
| Provision for loan and lease losses | $1,025,000 | 1,804 |
| Total noninterest income | $589,000 | 5,027 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $461,000 | 3,025 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $128,000 | 7,224 |
| Total noninterest expense | $2,901,000 | 4,672 |
| Salaries and employee benefits | $1,422,000 | 4,435 |
| Premises and equipment expense | $549,000 | 3,655 |
| Additional noninterest expense | $931,000 | 5,370 |
| Pre-tax net operating income | $-208,000 | 13,102 |
| Securities gains (losses) | $48,000 | 4,198 |
| Applicable income taxes | $-36,000 | 13,474 |
| Income before extraordinary items | $-124,000 | 13,092 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-124,000 | 13,085 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $692,000 | 1,990 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-160,960 | 13,001 |
* 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.