Home > Gloversville Federal Savings and Loan Association > Income and Expense
Gloversville Federal Savings and Loan Association, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $5,020,000 | 5,666 |
| Total interest expense | $2,549,000 | 5,292 |
| Net interest income | $2,471,000 | 5,892 |
| Provision for loan and lease losses | $109,000 | 4,942 |
| Total noninterest income | $222,000 | 7,312 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $222,000 | 4,695 |
| Total noninterest expense | $2,176,000 | 5,271 |
| Salaries and employee benefits | $1,114,000 | 5,356 |
| Premises and equipment expense | $401,000 | 4,407 |
| Additional noninterest expense | $661,000 | 5,387 |
| Pre-tax net operating income | $408,000 | 7,835 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $125,000 | 7,175 |
| Income before extraordinary items | $283,000 | 8,013 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $283,000 | 8,012 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $515,000 | 1,226 |
| Cash dividends | $24,000 | 7,221 |
| Sale, conversion, retirement of capital stock, net | $6,084,000 | 189 |
| Net operating income | $283,000 | 7,935 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $4,805,000 | 5,946 |
| Total interest expense | $2,457,000 | 5,481 |
| Net interest income | $2,348,000 | 6,296 |
| Provision for loan and lease losses | $800,000 | 1,181 |
| Total noninterest income | $118,000 | 9,097 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $118,000 | 6,329 |
| Total noninterest expense | $2,215,000 | 5,268 |
| Salaries and employee benefits | $1,081,000 | 5,556 |
| Premises and equipment expense | $411,000 | 4,353 |
| Additional noninterest expense | $723,000 | 5,095 |
| Pre-tax net operating income | $-549,000 | 10,756 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $104,000 | 8,335 |
| Income before extraordinary items | $-653,000 | 10,793 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $-653,000 | 10,792 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $363,000 | 1,720 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $-653,000 | 10,779 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $4,771,000 | 6,139 |
| Total interest expense | $2,392,000 | 5,688 |
| Net interest income | $2,379,000 | 6,419 |
| Provision for loan and lease losses | $672,000 | 1,368 |
| Total noninterest income | $91,000 | 10,062 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $91,000 | 7,410 |
| Total noninterest expense | $3,007,000 | 4,305 |
| Salaries and employee benefits | $1,025,000 | 5,888 |
| Premises and equipment expense | $450,000 | 4,111 |
| Additional noninterest expense | $1,532,000 | 3,070 |
| Pre-tax net operating income | $-1,209,000 | 11,362 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $-304,000 | 11,311 |
| Income before extraordinary items | $-905,000 | 11,353 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-905,000 | 11,353 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $140,000 | 3,303 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $-905,000 | 11,329 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $4,720,000 | 6,220 |
| Total interest expense | $2,554,000 | 5,468 |
| Net interest income | $2,166,000 | 6,941 |
| Provision for loan and lease losses | $112,000 | 4,360 |
| Total noninterest income | $280,000 | 7,309 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $280,000 | 4,166 |
| Total noninterest expense | $2,040,000 | 5,895 |
| Salaries and employee benefits | $883,000 | 6,641 |
| Premises and equipment expense | $393,000 | 4,613 |
| Additional noninterest expense | $764,000 | 5,447 |
| Pre-tax net operating income | $294,000 | 9,785 |
| Securities gains (losses) | $-1,000 | 9,017 |
| Applicable income taxes | $118,000 | 8,830 |
| Income before extraordinary items | $175,000 | 10,213 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $175,000 | 10,215 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $130,000 | 3,217 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $175,640 | 10,181 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,844,000 | 5,801 |
| Total interest expense | $2,247,000 | 5,080 |
| Net interest income | $2,597,000 | 6,275 |
| Provision for loan and lease losses | $235,000 | 2,747 |
| Total noninterest income | $95,000 | 10,864 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $95,000 | 7,669 |
| Total noninterest expense | $2,066,000 | 6,036 |
| Salaries and employee benefits | $846,000 | 6,946 |
| Premises and equipment expense | $410,000 | 4,488 |
| Additional noninterest expense | $810,000 | 5,644 |
| Pre-tax net operating income | $391,000 | 9,436 |
| Securities gains (losses) | $210,000 | 481 |
| Applicable income taxes | $100,000 | 9,363 |
| Income before extraordinary items | $501,000 | 7,307 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $501,000 | 7,311 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $212,000 | 2,394 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $326,700 | 8,913 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,590,000 | 6,207 |
| Total interest expense | $2,343,000 | 5,082 |
| Net interest income | $2,247,000 | 7,043 |
| Provision for loan and lease losses | $698,000 | 1,670 |
| Total noninterest income | $88,000 | 11,610 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $88,000 | 8,318 |
| Total noninterest expense | $1,997,000 | 6,347 |
| Salaries and employee benefits | $901,000 | 6,705 |
| Premises and equipment expense | $434,000 | 4,393 |
| Additional noninterest expense | $662,000 | 6,851 |
| Pre-tax net operating income | $-360,000 | 12,796 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $39,000 | 11,180 |
| Income before extraordinary items | $-399,000 | 12,864 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-399,000 | 12,870 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $498,000 | 1,766 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-399,000 | 12,800 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,604,000 | 5,811 |
| Total interest expense | $3,419,000 | 4,630 |
| Net interest income | $2,185,000 | 7,281 |
| Provision for loan and lease losses | $386,000 | 3,537 |
| Total noninterest income | $277,000 | 8,055 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $277,000 | 4,654 |
| Total noninterest expense | $2,080,000 | 6,183 |
| Salaries and employee benefits | $689,000 | 8,074 |
| Premises and equipment expense | $354,000 | 5,320 |
| Additional noninterest expense | $1,037,000 | 4,907 |
| Pre-tax net operating income | $-4,000 | 12,753 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $143,000 | 8,814 |
| Income before extraordinary items | $-147,000 | 13,122 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-147,000 | 13,116 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $328,000 | 3,167 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-147,000 | 12,978 |
* 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.