Home > Martha's Vineyard National Bank > Income and Expense
Martha's Vineyard National Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $9,836,000 | 3,133 |
| Total interest expense | $4,185,000 | 3,032 |
| Net interest income | $5,651,000 | 3,198 |
| Provision for loan and lease losses | $300,000 | 2,975 |
| Total noninterest income | $1,792,000 | 2,120 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $459,000 | 3,036 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,333,000 | 1,691 |
| Total noninterest expense | $6,088,000 | 2,358 |
| Salaries and employee benefits | $2,545,000 | 2,596 |
| Premises and equipment expense | $1,065,000 | 1,943 |
| Additional noninterest expense | $2,478,000 | 2,252 |
| Pre-tax net operating income | $1,055,000 | 5,664 |
| Securities gains (losses) | $-26,000 | 12,971 |
| Applicable income taxes | $-252,000 | 13,066 |
| Income before extraordinary items | $1,281,000 | 3,769 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,281,000 | 3,879 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $282,000 | 2,557 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,307,000 | 3,498 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $11,954,000 | 2,933 |
| Total interest expense | $7,333,000 | 2,305 |
| Net interest income | $4,621,000 | 3,905 |
| Provision for loan and lease losses | $450,000 | 3,212 |
| Total noninterest income | $1,992,000 | 1,936 |
| Gross Fiduciary activities income | $22,000 | 1,476 |
| Service charges on deposit accounts | $448,000 | 3,130 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,522,000 | 1,504 |
| Total noninterest expense | $6,736,000 | 2,189 |
| Salaries and employee benefits | $2,602,000 | 2,483 |
| Premises and equipment expense | $1,060,000 | 1,994 |
| Additional noninterest expense | $3,074,000 | 1,960 |
| Pre-tax net operating income | $-573,000 | 13,332 |
| Securities gains (losses) | $158,000 | 2,349 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $-415,000 | 13,336 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-415,000 | 13,332 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $678,000 | 2,023 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $5,700,000 | 156 |
| Net operating income | $-573,000 | 13,305 |
* 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.