Home > Mechanics Savings Bank > Income and Expense
Mechanics Savings Bank, Income and Expense
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $712,000 | 6,862 |
| Total interest expense | $466,000 | 4,562 |
| Net interest income | $246,000 | 8,267 |
| Provision for loan and lease losses | $10,000 | 6,044 |
| Total noninterest income | $56,000 | 7,155 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $56,000 | 5,056 |
| Total noninterest expense | $530,000 | 5,801 |
| Salaries and employee benefits | $243,000 | 6,363 |
| Premises and equipment expense | $70,000 | 5,840 |
| Additional noninterest expense | $217,000 | 4,673 |
| Pre-tax net operating income | $-238,000 | 9,115 |
| Securities gains (losses) | $6,000 | 2,344 |
| Applicable income taxes | $-74,000 | 9,201 |
| Income before extraordinary items | $-158,000 | 9,104 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $-158,000 | 9,101 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $139,000 | 1,188 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $-162,080 | 9,044 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $3,347,000 | 6,491 |
| Total interest expense | $2,051,000 | 4,710 |
| Net interest income | $1,296,000 | 7,771 |
| Provision for loan and lease losses | $143,000 | 5,034 |
| Total noninterest income | $268,000 | 6,715 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $268,000 | 4,496 |
| Total noninterest expense | $1,565,000 | 6,719 |
| Salaries and employee benefits | $812,000 | 6,845 |
| Premises and equipment expense | $287,000 | 5,714 |
| Additional noninterest expense | $466,000 | 6,706 |
| Pre-tax net operating income | $-144,000 | 8,798 |
| Securities gains (losses) | $176,000 | 1,256 |
| Applicable income taxes | $-35,000 | 8,961 |
| Income before extraordinary items | $67,000 | 8,479 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $67,000 | 8,479 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $34,000 | 5,760 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $-109,000 | 8,787 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $3,978,000 | 6,374 |
| Total interest expense | $2,617,000 | 5,242 |
| Net interest income | $1,361,000 | 7,577 |
| Provision for loan and lease losses | $25,000 | 7,375 |
| Total noninterest income | $321,000 | 6,237 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $321,000 | 3,969 |
| Total noninterest expense | $1,411,000 | 6,994 |
| Salaries and employee benefits | $776,000 | 6,887 |
| Premises and equipment expense | $273,000 | 5,828 |
| Additional noninterest expense | $362,000 | 7,413 |
| Pre-tax net operating income | $246,000 | 7,663 |
| Securities gains (losses) | $-3,000 | 9,140 |
| Applicable income taxes | $43,000 | 6,831 |
| Income before extraordinary items | $200,000 | 7,735 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $200,000 | 7,738 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $22,000 | 6,192 |
| Cash dividends | $825,000 | 2,579 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $202,460 | 7,596 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $4,002,000 | 6,489 |
| Total interest expense | $2,624,000 | 5,393 |
| Net interest income | $1,378,000 | 7,693 |
| Provision for loan and lease losses | $7,000 | 8,084 |
| Total noninterest income | $272,000 | 6,552 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $272,000 | 4,127 |
| Total noninterest expense | $1,298,000 | 7,251 |
| Salaries and employee benefits | $746,000 | 6,990 |
| Premises and equipment expense | $226,000 | 6,371 |
| Additional noninterest expense | $326,000 | 7,743 |
| Pre-tax net operating income | $345,000 | 7,716 |
| Securities gains (losses) | $-1,000 | 7,406 |
| Applicable income taxes | $89,000 | 6,663 |
| Income before extraordinary items | $255,000 | 7,742 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $255,000 | 7,742 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $27,000 | 5,623 |
| Cash dividends | $150,000 | 5,476 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $255,740 | 7,738 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $3,164,000 | 7,187 |
| Total interest expense | $1,942,000 | 6,098 |
| Net interest income | $1,222,000 | 8,148 |
| Provision for loan and lease losses | $2,000 | 8,441 |
| Total noninterest income | $204,000 | 7,450 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $204,000 | 4,897 |
| Total noninterest expense | $1,187,000 | 7,597 |
| Salaries and employee benefits | $625,000 | 7,613 |
| Premises and equipment expense | $254,000 | 5,977 |
| Additional noninterest expense | $308,000 | 8,056 |
| Pre-tax net operating income | $237,000 | 8,399 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $67,000 | 7,383 |
| Income before extraordinary items | $170,000 | 8,506 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $170,000 | 8,504 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 7,897 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $1,747,000 | 449 |
| Net operating income | $170,000 | 8,471 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $2,877,000 | 7,671 |
| Total interest expense | $1,793,000 | 6,565 |
| Net interest income | $1,084,000 | 8,601 |
| Provision for loan and lease losses | $50,000 | 6,568 |
| Total noninterest income | $169,000 | 7,970 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $169,000 | 5,382 |
| Total noninterest expense | $1,037,000 | 8,000 |
| Salaries and employee benefits | $592,000 | 7,802 |
| Premises and equipment expense | $258,000 | 5,848 |
| Additional noninterest expense | $187,000 | 9,266 |
| Pre-tax net operating income | $166,000 | 9,088 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $19,000 | 8,905 |
| Income before extraordinary items | $147,000 | 8,996 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $147,000 | 8,994 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $10,000 | 7,038 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $147,000 | 8,934 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $2,831,000 | 7,963 |
| Total interest expense | $1,775,000 | 6,733 |
| Net interest income | $1,056,000 | 9,049 |
| Provision for loan and lease losses | $12,000 | 8,256 |
| Total noninterest income | $75,000 | 9,855 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $75,000 | 7,536 |
| Total noninterest expense | $928,000 | 8,586 |
| Salaries and employee benefits | $477,000 | 8,768 |
| Premises and equipment expense | $215,000 | 6,570 |
| Additional noninterest expense | $236,000 | 9,008 |
| Pre-tax net operating income | $191,000 | 9,621 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $86,000 | 8,645 |
| Income before extraordinary items | $105,000 | 9,930 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $105,000 | 9,930 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,000 | 8,223 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $105,000 | 9,888 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $2,900,000 | 8,131 |
| Total interest expense | $1,856,000 | 6,722 |
| Net interest income | $1,044,000 | 9,434 |
| Provision for loan and lease losses | $18,000 | 8,074 |
| Total noninterest income | $68,000 | 10,531 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $68,000 | 8,163 |
| Total noninterest expense | $878,000 | 9,133 |
| Salaries and employee benefits | $389,000 | 9,679 |
| Premises and equipment expense | $115,000 | 8,909 |
| Additional noninterest expense | $374,000 | 8,119 |
| Pre-tax net operating income | $216,000 | 9,692 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $74,000 | 9,268 |
| Income before extraordinary items | $142,000 | 9,868 |
| Extraordinary gains, net | $-41,000 | 11,427 |
| Net income | $101,000 | 10,208 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,805 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $142,000 | 9,809 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $2,972,000 | 8,246 |
| Total interest expense | $1,934,000 | 6,620 |
| Net interest income | $1,038,000 | 9,823 |
| Provision for loan and lease losses | $3,000 | 8,797 |
| Total noninterest income | $62,000 | 11,127 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $62,000 | 8,656 |
| Total noninterest expense | $714,000 | 10,127 |
| Salaries and employee benefits | $397,000 | 9,967 |
| Premises and equipment expense | $100,000 | 9,626 |
| Additional noninterest expense | $217,000 | 10,218 |
| Pre-tax net operating income | $383,000 | 9,173 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $130,000 | 8,624 |
| Income before extraordinary items | $253,000 | 9,382 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $253,000 | 9,385 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,856 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $253,000 | 9,359 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,319,000 | 9,217 |
| Total interest expense | $1,317,000 | 7,494 |
| Net interest income | $1,002,000 | 10,384 |
| Provision for loan and lease losses | $2,000 | 9,032 |
| Total noninterest income | $107,000 | 10,582 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $107,000 | 7,294 |
| Total noninterest expense | $706,000 | 10,677 |
| Salaries and employee benefits | $383,000 | 10,439 |
| Premises and equipment expense | $83,000 | 10,557 |
| Additional noninterest expense | $240,000 | 10,646 |
| Pre-tax net operating income | $401,000 | 9,356 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $121,000 | 8,911 |
| Income before extraordinary items | $280,000 | 9,373 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $280,000 | 9,381 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,921 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $280,000 | 9,429 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,419,000 | 9,358 |
| Total interest expense | $1,293,000 | 7,909 |
| Net interest income | $1,126,000 | 10,310 |
| Provision for loan and lease losses | $35,000 | 8,215 |
| Total noninterest income | $82,000 | 11,757 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $82,000 | 8,541 |
| Total noninterest expense | $683,000 | 11,247 |
| Salaries and employee benefits | $386,000 | 10,785 |
| Premises and equipment expense | $84,000 | 11,010 |
| Additional noninterest expense | $213,000 | 11,560 |
| Pre-tax net operating income | $490,000 | 8,725 |
| Securities gains (losses) | $-1,000 | 12,247 |
| Applicable income taxes | $169,000 | 8,222 |
| Income before extraordinary items | $320,000 | 9,232 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $320,000 | 9,403 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 9,922 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $320,650 | 8,979 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,633,000 | 9,662 |
| Total interest expense | $1,634,000 | 8,093 |
| Net interest income | $999,000 | 11,108 |
| Provision for loan and lease losses | $21,000 | 10,525 |
| Total noninterest income | $94,000 | 11,878 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $94,000 | 8,290 |
| Total noninterest expense | $638,000 | 11,834 |
| Salaries and employee benefits | $330,000 | 11,663 |
| Premises and equipment expense | $82,000 | 11,425 |
| Additional noninterest expense | $226,000 | 11,876 |
| Pre-tax net operating income | $434,000 | 8,930 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $154,000 | 8,513 |
| Income before extraordinary items | $280,000 | 9,540 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $280,000 | 9,677 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $19,000 | 9,186 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $280,000 | 9,176 |
* 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.