Home > Ipswich Savings Bank > Income and Expense
Ipswich Savings Bank, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $19,752,000 | 1,725 |
| Total interest expense | $9,830,000 | 1,647 |
| Net interest income | $9,922,000 | 1,798 |
| Provision for loan and lease losses | $100,000 | 5,578 |
| Total noninterest income | $2,659,000 | 1,618 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,752,000 | 845 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $907,000 | 2,191 |
| Total noninterest expense | $7,947,000 | 1,821 |
| Salaries and employee benefits | $3,500,000 | 2,147 |
| Premises and equipment expense | $1,052,000 | 2,024 |
| Additional noninterest expense | $3,395,000 | 1,384 |
| Pre-tax net operating income | $4,534,000 | 1,586 |
| Securities gains (losses) | $182,000 | 1,277 |
| Applicable income taxes | $1,649,000 | 1,380 |
| Income before extraordinary items | $3,067,000 | 1,715 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $3,067,000 | 1,717 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-218,000 | 9,562 |
| Cash dividends | $574,000 | 3,232 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $2,948,700 | 1,714 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $20,044,000 | 1,731 |
| Total interest expense | $10,995,000 | 1,564 |
| Net interest income | $9,049,000 | 1,944 |
| Provision for loan and lease losses | $60,000 | 6,179 |
| Total noninterest income | $1,745,000 | 2,068 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $1,348,000 | 1,002 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $397,000 | 3,359 |
| Total noninterest expense | $6,948,000 | 1,992 |
| Salaries and employee benefits | $3,117,000 | 2,286 |
| Premises and equipment expense | $914,000 | 2,256 |
| Additional noninterest expense | $2,917,000 | 1,534 |
| Pre-tax net operating income | $3,786,000 | 1,931 |
| Securities gains (losses) | $33,000 | 819 |
| Applicable income taxes | $1,122,000 | 1,930 |
| Income before extraordinary items | $2,697,000 | 1,935 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $2,697,000 | 1,935 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $55,000 | 4,600 |
| Cash dividends | $4,663,000 | 659 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $2,673,570 | 1,950 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $18,102,000 | 1,796 |
| Total interest expense | $9,257,000 | 1,624 |
| Net interest income | $8,845,000 | 1,989 |
| Provision for loan and lease losses | $100,000 | 5,206 |
| Total noninterest income | $2,818,000 | 1,430 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $834,000 | 1,582 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $1,984,000 | 1,161 |
| Total noninterest expense | $6,837,000 | 1,996 |
| Salaries and employee benefits | $3,232,000 | 2,172 |
| Premises and equipment expense | $916,000 | 2,228 |
| Additional noninterest expense | $2,689,000 | 1,661 |
| Pre-tax net operating income | $4,726,000 | 1,593 |
| Securities gains (losses) | $78,000 | 827 |
| Applicable income taxes | $1,449,000 | 1,638 |
| Income before extraordinary items | $3,355,000 | 1,593 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $3,355,000 | 1,594 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $45,000 | 5,020 |
| Cash dividends | $805,000 | 2,641 |
| Sale, conversion, retirement of capital stock, net | $264,000 | 685 |
| Net operating income | $3,300,400 | 1,583 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $16,637,000 | 1,942 |
| Total interest expense | $8,996,000 | 1,710 |
| Net interest income | $7,641,000 | 2,240 |
| Provision for loan and lease losses | $180,000 | 3,728 |
| Total noninterest income | $2,625,000 | 1,492 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $760,000 | 1,670 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $1,865,000 | 1,214 |
| Total noninterest expense | $6,057,000 | 2,151 |
| Salaries and employee benefits | $2,559,000 | 2,646 |
| Premises and equipment expense | $692,000 | 2,790 |
| Additional noninterest expense | $2,806,000 | 1,542 |
| Pre-tax net operating income | $4,029,000 | 1,802 |
| Securities gains (losses) | $93,000 | 1,322 |
| Applicable income taxes | $1,484,000 | 1,653 |
| Income before extraordinary items | $2,638,000 | 1,987 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $2,638,000 | 1,986 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $111,000 | 3,452 |
| Cash dividends | $407,000 | 3,936 |
| Sale, conversion, retirement of capital stock, net | $40,000 | 881 |
| Net operating income | $2,578,480 | 1,950 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $13,567,000 | 2,402 |
| Total interest expense | $7,007,000 | 2,147 |
| Net interest income | $6,560,000 | 2,650 |
| Provision for loan and lease losses | $120,000 | 4,629 |
| Total noninterest income | $1,611,000 | 2,082 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $637,000 | 2,063 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $974,000 | 1,769 |
| Total noninterest expense | $4,507,000 | 2,815 |
| Salaries and employee benefits | $2,110,000 | 3,137 |
| Premises and equipment expense | $534,000 | 3,499 |
| Additional noninterest expense | $1,863,000 | 2,236 |
| Pre-tax net operating income | $3,544,000 | 2,124 |
| Securities gains (losses) | $-5,000 | 9,661 |
| Applicable income taxes | $1,327,000 | 1,903 |
| Income before extraordinary items | $2,212,000 | 2,357 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,212,000 | 2,357 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-5,000 | 9,783 |
| Cash dividends | $297,000 | 4,646 |
| Sale, conversion, retirement of capital stock, net | $34,000 | 879 |
| Net operating income | $2,215,200 | 2,298 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $10,555,000 | 3,109 |
| Total interest expense | $5,392,000 | 2,825 |
| Net interest income | $5,163,000 | 3,444 |
| Provision for loan and lease losses | $120,000 | 4,568 |
| Total noninterest income | $1,544,000 | 2,250 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $524,000 | 2,603 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,020,000 | 1,792 |
| Total noninterest expense | $4,205,000 | 3,191 |
| Salaries and employee benefits | $1,777,000 | 3,712 |
| Premises and equipment expense | $425,000 | 4,323 |
| Additional noninterest expense | $2,003,000 | 2,454 |
| Pre-tax net operating income | $2,382,000 | 2,908 |
| Securities gains (losses) | $42,000 | 1,458 |
| Applicable income taxes | $632,000 | 3,431 |
| Income before extraordinary items | $1,792,000 | 2,714 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,792,000 | 2,715 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $726,000 | 1,084 |
| Cash dividends | $236,000 | 5,109 |
| Sale, conversion, retirement of capital stock, net | $41,000 | 749 |
| Net operating income | $1,760,920 | 2,713 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $8,248,000 | 3,900 |
| Total interest expense | $4,126,000 | 3,584 |
| Net interest income | $4,122,000 | 4,210 |
| Provision for loan and lease losses | $40,000 | 6,618 |
| Total noninterest income | $1,222,000 | 2,675 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $270,000 | 4,675 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $952,000 | 1,860 |
| Total noninterest expense | $3,717,000 | 3,545 |
| Salaries and employee benefits | $1,583,000 | 4,088 |
| Premises and equipment expense | $347,000 | 5,054 |
| Additional noninterest expense | $1,787,000 | 2,643 |
| Pre-tax net operating income | $1,587,000 | 4,254 |
| Securities gains (losses) | $28,000 | 1,681 |
| Applicable income taxes | $148,000 | 8,300 |
| Income before extraordinary items | $1,467,000 | 3,311 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,467,000 | 3,310 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $495,000 | 1,397 |
| Cash dividends | $12,000 | 8,525 |
| Sale, conversion, retirement of capital stock, net | $22,000 | 712 |
| Net operating income | $1,441,520 | 3,330 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $6,378,000 | 4,602 |
| Total interest expense | $2,482,000 | 4,692 |
| Net interest income | $3,896,000 | 4,492 |
| Provision for loan and lease losses | $570,000 | 1,400 |
| Total noninterest income | $1,324,000 | 2,539 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $232,000 | 5,324 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,092,000 | 1,742 |
| Total noninterest expense | $3,484,000 | 3,862 |
| Salaries and employee benefits | $1,377,000 | 4,637 |
| Premises and equipment expense | $259,000 | 6,372 |
| Additional noninterest expense | $1,848,000 | 2,759 |
| Pre-tax net operating income | $1,166,000 | 5,348 |
| Securities gains (losses) | $-12,000 | 9,966 |
| Applicable income taxes | $202,000 | 7,307 |
| Income before extraordinary items | $952,000 | 4,697 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $952,000 | 4,696 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $14,000 | 7,099 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $13,000 | 1,058 |
| Net operating income | $961,840 | 4,709 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,641,000 | 5,217 |
| Total interest expense | $2,283,000 | 5,209 |
| Net interest income | $3,358,000 | 5,143 |
| Provision for loan and lease losses | $503,000 | 2,077 |
| Total noninterest income | $959,000 | 3,453 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $210,000 | 5,788 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $749,000 | 2,483 |
| Total noninterest expense | $3,426,000 | 3,989 |
| Salaries and employee benefits | $1,295,000 | 4,901 |
| Premises and equipment expense | $225,000 | 7,185 |
| Additional noninterest expense | $1,906,000 | 2,843 |
| Pre-tax net operating income | $388,000 | 9,502 |
| Securities gains (losses) | $126,000 | 2,189 |
| Applicable income taxes | $1,000 | 12,075 |
| Income before extraordinary items | $513,000 | 7,437 |
| Extraordinary gains, net | $200,000 | 1,014 |
| Net income | $713,000 | 6,197 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $200,000 | 3,141 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $1,874,000 | 369 |
| Net operating income | $387,000 | 8,301 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,366,000 | 5,225 |
| Total interest expense | $3,281,000 | 4,805 |
| Net interest income | $3,085,000 | 5,599 |
| Provision for loan and lease losses | $342,000 | 3,824 |
| Total noninterest income | $1,152,000 | 2,952 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $217,000 | 5,683 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $935,000 | 2,096 |
| Total noninterest expense | $3,926,000 | 3,563 |
| Salaries and employee benefits | $1,194,000 | 5,187 |
| Premises and equipment expense | $222,000 | 7,346 |
| Additional noninterest expense | $2,510,000 | 2,312 |
| Pre-tax net operating income | $-31,000 | 12,822 |
| Securities gains (losses) | $202,000 | 2,000 |
| Applicable income taxes | $72,000 | 10,657 |
| Income before extraordinary items | $99,000 | 11,953 |
| Extraordinary gains, net | $129,000 | 622 |
| Net income | $228,000 | 10,347 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $373,000 | 2,941 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-30,280 | 12,770 |
* 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.