Investors Fiduciary Trust Company, Income and Expense

1995-12-31 (YTD Data)Rank
Total interest income$20,087,0001,686
Total interest expense$1,123,0008,834
Net interest income$18,964,000973
Provision for loan and lease losses$28,0007,236
Total noninterest income$41,820,000257
Gross Fiduciary activities income$39,526,00059
Service charges on deposit accounts$010,339
Trading account gains and fees$0522
Additional Noninterest Income$2,294,0001,039
Total noninterest expense$42,763,000447
Salaries and employee benefits$18,905,000417
Premises and equipment expense$2,742,000813
Additional noninterest expense$21,116,000419
Pre-tax net operating income$17,993,000519
Securities gains (losses)$4,186,00070
Applicable income taxes$8,636,000408
Income before extraordinary items$13,543,000481
Extraordinary gains, net$065
Net income$13,543,000482
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$25,0006,295
Cash dividends$08,717
Sale, conversion, retirement of capital stock, net$0809
Net operating income$10,863,960548
1994-12-31 (YTD Data)Rank
Total interest income$33,597,000946
Total interest expense$6,240,0002,008
Net interest income$27,357,000726
Provision for loan and lease losses$43,0006,473
Total noninterest income$36,791,000271
Gross Fiduciary activities income$33,883,00068
Service charges on deposit accounts$010,872
Trading account gains and fees$9,000385
Additional Noninterest Income$2,899,000898
Total noninterest expense$45,728,000422
Salaries and employee benefits$15,344,000483
Premises and equipment expense$2,125,0001,005
Additional noninterest expense$28,259,000353
Pre-tax net operating income$18,377,000482
Securities gains (losses)$1,803,000101
Applicable income taxes$7,149,000439
Income before extraordinary items$13,031,000463
Extraordinary gains, net$0249
Net income$13,031,000462
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$42,0005,444
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$11,859,050495
1993-12-31 (YTD Data)Rank
Total interest income$29,961,0001,059
Total interest expense$8,703,0001,540
Net interest income$21,258,000877
Provision for loan and lease losses$010,371
Total noninterest income$33,721,000278
Gross Fiduciary activities income$31,981,00070
Service charges on deposit accounts$011,351
Trading account gains and fees$-403,0005,138
Additional Noninterest Income$2,143,0001,197
Total noninterest expense$42,064,000461
Salaries and employee benefits$12,862,000573
Premises and equipment expense$2,078,0001,044
Additional noninterest expense$27,124,000377
Pre-tax net operating income$12,915,000565
Securities gains (losses)$600,000793
Applicable income taxes$4,074,000638
Income before extraordinary items$9,441,000568
Extraordinary gains, net$03,149
Net income$9,441,000585
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$20,0007,730
Cash dividends$8,711,000317
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$9,021,000547
1992-12-31 (YTD Data)Rank
Total interest income$40,174,000944
Total interest expense$13,264,0001,339
Net interest income$26,910,000741
Provision for loan and lease losses$011,756
Total noninterest income$28,207,000308
Gross Fiduciary activities income$36,680,00056
Service charges on deposit accounts$011,764
Trading account gains and fees$-10,588,0005,323
Additional Noninterest Income$2,115,0001,195
Total noninterest expense$45,598,000440
Salaries and employee benefits$12,091,000607
Premises and equipment expense$2,558,000919
Additional noninterest expense$30,949,000335
Pre-tax net operating income$9,519,000672
Securities gains (losses)$4,574,000228
Applicable income taxes$4,566,000521
Income before extraordinary items$9,527,000509
Extraordinary gains, net$01,422
Net income$9,527,000510
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$31,0008,449
Cash dividends$10,831,000195
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$6,416,680670

* 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.