Home > Mechanics Savings Bank > Income and Expense
Mechanics Savings Bank, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $74,029,000 | 506 |
| Total interest expense | $37,800,000 | 471 |
| Net interest income | $36,229,000 | 536 |
| Provision for loan and lease losses | $0 | 8,503 |
| Total noninterest income | $9,893,000 | 627 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $2,796,000 | 484 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $7,097,000 | 531 |
| Total noninterest expense | $24,152,000 | 656 |
| Salaries and employee benefits | $13,815,000 | 532 |
| Premises and equipment expense | $3,802,000 | 584 |
| Additional noninterest expense | $6,535,000 | 799 |
| Pre-tax net operating income | $21,970,000 | 450 |
| Securities gains (losses) | $5,000 | 2,145 |
| Applicable income taxes | $7,093,000 | 468 |
| Income before extraordinary items | $14,882,000 | 450 |
| Extraordinary gains, net | $-435,000 | 10,215 |
| Net income | $14,447,000 | 460 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,266,000 | 612 |
| Cash dividends | $11,360,000 | 359 |
| Sale, conversion, retirement of capital stock, net | $819,000 | 544 |
| Net operating income | $14,878,600 | 444 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $66,240,000 | 554 |
| Total interest expense | $33,928,000 | 523 |
| Net interest income | $32,312,000 | 566 |
| Provision for loan and lease losses | $600,000 | 1,475 |
| Total noninterest income | $7,314,000 | 726 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $2,586,000 | 499 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $4,728,000 | 671 |
| Total noninterest expense | $23,161,000 | 657 |
| Salaries and employee benefits | $12,335,000 | 578 |
| Premises and equipment expense | $3,154,000 | 670 |
| Additional noninterest expense | $7,672,000 | 712 |
| Pre-tax net operating income | $15,865,000 | 527 |
| Securities gains (losses) | $-16,000 | 10,254 |
| Applicable income taxes | $7,223,000 | 427 |
| Income before extraordinary items | $8,626,000 | 676 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $8,626,000 | 675 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,330,000 | 427 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $661,000 | 522 |
| Net operating income | $8,636,240 | 645 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $57,850,000 | 617 |
| Total interest expense | $28,053,000 | 609 |
| Net interest income | $29,797,000 | 613 |
| Provision for loan and lease losses | $9,100,000 | 219 |
| Total noninterest income | $6,863,000 | 742 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $2,212,000 | 590 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $4,651,000 | 644 |
| Total noninterest expense | $22,501,000 | 673 |
| Salaries and employee benefits | $12,172,000 | 566 |
| Premises and equipment expense | $3,107,000 | 673 |
| Additional noninterest expense | $7,222,000 | 741 |
| Pre-tax net operating income | $5,059,000 | 1,530 |
| Securities gains (losses) | $209,000 | 685 |
| Applicable income taxes | $-7,808,000 | 10,916 |
| Income before extraordinary items | $13,076,000 | 477 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $13,076,000 | 478 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,052,000 | 382 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $556,000 | 525 |
| Net operating income | $12,867,000 | 462 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $49,986,000 | 732 |
| Total interest expense | $23,526,000 | 749 |
| Net interest income | $26,460,000 | 715 |
| Provision for loan and lease losses | $6,400,000 | 289 |
| Total noninterest income | $4,910,000 | 964 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $2,253,000 | 606 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $2,657,000 | 955 |
| Total noninterest expense | $24,016,000 | 672 |
| Salaries and employee benefits | $9,056,000 | 770 |
| Premises and equipment expense | $3,464,000 | 643 |
| Additional noninterest expense | $11,496,000 | 599 |
| Pre-tax net operating income | $954,000 | 5,905 |
| Securities gains (losses) | $-78,000 | 11,145 |
| Applicable income taxes | $-266,000 | 11,301 |
| Income before extraordinary items | $1,142,000 | 4,031 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,142,000 | 4,032 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $10,014,000 | 206 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $49,704,000 | 14 |
| Net operating income | $1,220,000 | 3,769 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $47,915,000 | 787 |
| Total interest expense | $21,984,000 | 812 |
| Net interest income | $25,931,000 | 754 |
| Provision for loan and lease losses | $12,850,000 | 158 |
| Total noninterest income | $6,891,000 | 772 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $2,228,000 | 613 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $4,663,000 | 690 |
| Total noninterest expense | $33,074,000 | 537 |
| Salaries and employee benefits | $10,752,000 | 654 |
| Premises and equipment expense | $3,710,000 | 628 |
| Additional noninterest expense | $18,612,000 | 452 |
| Pre-tax net operating income | $-13,102,000 | 11,989 |
| Securities gains (losses) | $362,000 | 448 |
| Applicable income taxes | $1,540,000 | 1,615 |
| Income before extraordinary items | $-14,280,000 | 11,958 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $-14,280,000 | 11,958 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,361,000 | 216 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $-14,642,000 | 11,961 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $45,839,000 | 753 |
| Total interest expense | $18,424,000 | 773 |
| Net interest income | $27,415,000 | 724 |
| Provision for loan and lease losses | $8,200,000 | 215 |
| Total noninterest income | $10,998,000 | 550 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $2,137,000 | 645 |
| Trading account gains and fees | $170,000 | 203 |
| Additional Noninterest Income | $8,691,000 | 456 |
| Total noninterest expense | $27,478,000 | 629 |
| Salaries and employee benefits | $10,513,000 | 672 |
| Premises and equipment expense | $4,204,000 | 565 |
| Additional noninterest expense | $12,761,000 | 579 |
| Pre-tax net operating income | $2,735,000 | 2,593 |
| Securities gains (losses) | $85,000 | 851 |
| Applicable income taxes | $-1,224,000 | 12,532 |
| Income before extraordinary items | $4,044,000 | 1,244 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $4,044,000 | 1,244 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,416,000 | 219 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,959,000 | 1,285 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $48,847,000 | 712 |
| Total interest expense | $21,812,000 | 665 |
| Net interest income | $27,035,000 | 724 |
| Provision for loan and lease losses | $13,800,000 | 217 |
| Total noninterest income | $9,643,000 | 625 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,860,000 | 728 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $7,783,000 | 505 |
| Total noninterest expense | $31,006,000 | 608 |
| Salaries and employee benefits | $11,722,000 | 626 |
| Premises and equipment expense | $4,313,000 | 563 |
| Additional noninterest expense | $14,971,000 | 578 |
| Pre-tax net operating income | $-8,128,000 | 13,211 |
| Securities gains (losses) | $2,422,000 | 274 |
| Applicable income taxes | $-232,000 | 13,054 |
| Income before extraordinary items | $-5,474,000 | 13,166 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-5,474,000 | 13,165 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $12,817,000 | 224 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-7,799,120 | 13,181 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $53,302,000 | 738 |
| Total interest expense | $28,531,000 | 675 |
| Net interest income | $24,771,000 | 796 |
| Provision for loan and lease losses | $7,200,000 | 468 |
| Total noninterest income | $7,931,000 | 694 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,595,000 | 818 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $6,336,000 | 572 |
| Total noninterest expense | $25,258,000 | 708 |
| Salaries and employee benefits | $11,137,000 | 646 |
| Premises and equipment expense | $4,300,000 | 588 |
| Additional noninterest expense | $9,821,000 | 775 |
| Pre-tax net operating income | $244,000 | 10,666 |
| Securities gains (losses) | $1,689,000 | 453 |
| Applicable income taxes | $410,000 | 4,696 |
| Income before extraordinary items | $1,523,000 | 3,035 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,523,000 | 3,069 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,287,000 | 376 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $188,690 | 10,420 |
* 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.