Home > Granite Savings Bank and Trust Company > Income and Expense
Granite Savings Bank and Trust Company, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $10,205,000 | 3,169 |
| Total interest expense | $4,947,000 | 2,951 |
| Net interest income | $5,258,000 | 3,304 |
| Provision for loan and lease losses | $305,000 | 2,603 |
| Total noninterest income | $697,000 | 4,012 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $331,000 | 3,711 |
| Trading account gains and fees | $3,000 | 161 |
| Additional Noninterest Income | $363,000 | 3,628 |
| Total noninterest expense | $3,295,000 | 3,898 |
| Salaries and employee benefits | $1,103,000 | 5,480 |
| Premises and equipment expense | $423,000 | 4,338 |
| Additional noninterest expense | $1,769,000 | 2,456 |
| Pre-tax net operating income | $2,355,000 | 2,930 |
| Securities gains (losses) | $28,000 | 1,229 |
| Applicable income taxes | $635,000 | 3,096 |
| Income before extraordinary items | $1,748,000 | 2,872 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,748,000 | 2,873 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $119,000 | 3,266 |
| Cash dividends | $660,000 | 2,986 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,727,560 | 2,877 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $11,122,000 | 2,899 |
| Total interest expense | $5,659,000 | 2,677 |
| Net interest income | $5,463,000 | 3,139 |
| Provision for loan and lease losses | $320,000 | 2,466 |
| Total noninterest income | $714,000 | 3,918 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $349,000 | 3,509 |
| Trading account gains and fees | $1,000 | 215 |
| Additional Noninterest Income | $364,000 | 3,624 |
| Total noninterest expense | $3,651,000 | 3,483 |
| Salaries and employee benefits | $1,117,000 | 5,344 |
| Premises and equipment expense | $407,000 | 4,368 |
| Additional noninterest expense | $2,127,000 | 2,001 |
| Pre-tax net operating income | $2,206,000 | 3,080 |
| Securities gains (losses) | $-36,000 | 10,349 |
| Applicable income taxes | $676,000 | 3,110 |
| Income before extraordinary items | $1,494,000 | 3,277 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,494,000 | 3,278 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $161,000 | 2,803 |
| Cash dividends | $2,660,000 | 1,074 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,518,840 | 3,131 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $11,552,000 | 2,838 |
| Total interest expense | $5,690,000 | 2,626 |
| Net interest income | $5,862,000 | 2,970 |
| Provision for loan and lease losses | $70,000 | 5,912 |
| Total noninterest income | $561,000 | 4,631 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $349,000 | 3,622 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $212,000 | 4,828 |
| Total noninterest expense | $3,717,000 | 3,393 |
| Salaries and employee benefits | $1,247,000 | 4,938 |
| Premises and equipment expense | $464,000 | 3,950 |
| Additional noninterest expense | $2,006,000 | 2,087 |
| Pre-tax net operating income | $2,636,000 | 2,782 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $861,000 | 2,764 |
| Income before extraordinary items | $1,775,000 | 2,868 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,775,000 | 2,867 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $175,000 | 2,759 |
| Cash dividends | $775,000 | 2,614 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,775,000 | 2,817 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $10,501,000 | 3,131 |
| Total interest expense | $4,992,000 | 3,007 |
| Net interest income | $5,509,000 | 3,210 |
| Provision for loan and lease losses | $-15,000 | 11,110 |
| Total noninterest income | $439,000 | 5,634 |
| Gross Fiduciary activities income | $4,000 | 1,462 |
| Service charges on deposit accounts | $284,000 | 4,396 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $151,000 | 5,947 |
| Total noninterest expense | $3,549,000 | 3,729 |
| Salaries and employee benefits | $1,313,000 | 4,814 |
| Premises and equipment expense | $432,000 | 4,270 |
| Additional noninterest expense | $1,804,000 | 2,685 |
| Pre-tax net operating income | $2,414,000 | 2,866 |
| Securities gains (losses) | $5,000 | 2,986 |
| Applicable income taxes | $792,000 | 2,871 |
| Income before extraordinary items | $1,627,000 | 2,954 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,627,000 | 2,955 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $140,000 | 3,303 |
| Cash dividends | $7,070,000 | 538 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,623,650 | 2,928 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $12,377,000 | 2,701 |
| Total interest expense | $6,515,000 | 2,387 |
| Net interest income | $5,862,000 | 3,034 |
| Provision for loan and lease losses | $235,000 | 2,726 |
| Total noninterest income | $561,000 | 4,801 |
| Gross Fiduciary activities income | $90,000 | 1,182 |
| Service charges on deposit accounts | $252,000 | 4,918 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $219,000 | 4,857 |
| Total noninterest expense | $3,964,000 | 3,348 |
| Salaries and employee benefits | $1,294,000 | 4,876 |
| Premises and equipment expense | $416,000 | 4,373 |
| Additional noninterest expense | $2,254,000 | 2,186 |
| Pre-tax net operating income | $2,224,000 | 3,182 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $510,000 | 4,138 |
| Income before extraordinary items | $1,714,000 | 2,871 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,714,000 | 2,869 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $279,000 | 2,032 |
| Cash dividends | $1,100,000 | 1,865 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,714,000 | 2,839 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $11,194,000 | 2,712 |
| Total interest expense | $5,207,000 | 2,368 |
| Net interest income | $5,987,000 | 2,999 |
| Provision for loan and lease losses | $787,000 | 1,112 |
| Total noninterest income | $619,000 | 4,552 |
| Gross Fiduciary activities income | $76,000 | 1,232 |
| Service charges on deposit accounts | $219,000 | 5,521 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $324,000 | 3,889 |
| Total noninterest expense | $4,346,000 | 3,168 |
| Salaries and employee benefits | $1,390,000 | 4,597 |
| Premises and equipment expense | $400,000 | 4,587 |
| Additional noninterest expense | $2,556,000 | 2,102 |
| Pre-tax net operating income | $1,473,000 | 4,478 |
| Securities gains (losses) | $-354,000 | 12,156 |
| Applicable income taxes | $300,000 | 5,876 |
| Income before extraordinary items | $819,000 | 5,271 |
| Extraordinary gains, net | $152,000 | 82 |
| Net income | $971,000 | 4,630 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $302,000 | 1,900 |
| Cash dividends | $285,000 | 4,641 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,077,420 | 4,299 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $9,541,000 | 3,246 |
| Total interest expense | $4,136,000 | 3,070 |
| Net interest income | $5,405,000 | 3,325 |
| Provision for loan and lease losses | $415,000 | 2,399 |
| Total noninterest income | $672,000 | 4,568 |
| Gross Fiduciary activities income | $151,000 | 1,122 |
| Service charges on deposit accounts | $179,000 | 6,392 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $342,000 | 4,163 |
| Total noninterest expense | $4,366,000 | 3,205 |
| Salaries and employee benefits | $1,393,000 | 4,574 |
| Premises and equipment expense | $393,000 | 4,785 |
| Additional noninterest expense | $2,580,000 | 2,164 |
| Pre-tax net operating income | $1,296,000 | 4,873 |
| Securities gains (losses) | $73,000 | 2,908 |
| Applicable income taxes | $397,000 | 5,036 |
| Income before extraordinary items | $972,000 | 4,792 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $972,000 | 4,936 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $372,000 | 2,164 |
| Cash dividends | $708,000 | 2,349 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $920,170 | 4,779 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $10,394,000 | 3,362 |
| Total interest expense | $5,117,000 | 3,249 |
| Net interest income | $5,277,000 | 3,455 |
| Provision for loan and lease losses | $90,000 | 7,540 |
| Total noninterest income | $734,000 | 4,250 |
| Gross Fiduciary activities income | $160,000 | 1,142 |
| Service charges on deposit accounts | $201,000 | 5,976 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $373,000 | 3,867 |
| Total noninterest expense | $4,356,000 | 3,258 |
| Salaries and employee benefits | $1,883,000 | 3,388 |
| Premises and equipment expense | $459,000 | 4,278 |
| Additional noninterest expense | $2,014,000 | 2,788 |
| Pre-tax net operating income | $1,565,000 | 3,890 |
| Securities gains (losses) | $38,000 | 4,584 |
| Applicable income taxes | $445,000 | 4,402 |
| Income before extraordinary items | $1,158,000 | 3,928 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,158,000 | 3,972 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $466,000 | 2,575 |
| Cash dividends | $346,000 | 3,693 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,130,640 | 3,730 |
* 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.