Home > Medford Savings Bank > Income and Expense
Medford Savings Bank, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $89,147,000 | 427 |
| Total interest expense | $51,144,000 | 375 |
| Net interest income | $38,003,000 | 499 |
| Provision for loan and lease losses | $150,000 | 4,756 |
| Total noninterest income | $3,106,000 | 1,439 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $1,357,000 | 1,096 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $1,749,000 | 1,360 |
| Total noninterest expense | $21,541,000 | 720 |
| Salaries and employee benefits | $12,170,000 | 629 |
| Premises and equipment expense | $2,914,000 | 731 |
| Additional noninterest expense | $6,457,000 | 776 |
| Pre-tax net operating income | $19,418,000 | 438 |
| Securities gains (losses) | $2,121,000 | 234 |
| Applicable income taxes | $7,749,000 | 398 |
| Income before extraordinary items | $13,790,000 | 441 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $13,790,000 | 441 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $20,000 | 6,291 |
| Cash dividends | $9,450,000 | 388 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $12,432,560 | 464 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $86,441,000 | 462 |
| Total interest expense | $50,026,000 | 423 |
| Net interest income | $36,415,000 | 518 |
| Provision for loan and lease losses | $175,000 | 4,079 |
| Total noninterest income | $7,345,000 | 705 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $1,699,000 | 799 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $5,646,000 | 592 |
| Total noninterest expense | $19,845,000 | 758 |
| Salaries and employee benefits | $11,077,000 | 646 |
| Premises and equipment expense | $2,569,000 | 787 |
| Additional noninterest expense | $6,199,000 | 801 |
| Pre-tax net operating income | $23,740,000 | 395 |
| Securities gains (losses) | $-1,031,000 | 9,762 |
| Applicable income taxes | $8,947,000 | 362 |
| Income before extraordinary items | $13,762,000 | 443 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $13,762,000 | 445 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,000 | 7,122 |
| Cash dividends | $11,200,000 | 342 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $14,421,840 | 425 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $78,216,000 | 486 |
| Total interest expense | $43,169,000 | 431 |
| Net interest income | $35,047,000 | 555 |
| Provision for loan and lease losses | $0 | 8,503 |
| Total noninterest income | $2,258,000 | 1,699 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $1,580,000 | 840 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $678,000 | 2,430 |
| Total noninterest expense | $19,027,000 | 792 |
| Salaries and employee benefits | $10,672,000 | 668 |
| Premises and equipment expense | $2,446,000 | 825 |
| Additional noninterest expense | $5,909,000 | 854 |
| Pre-tax net operating income | $18,278,000 | 524 |
| Securities gains (losses) | $1,522,000 | 164 |
| Applicable income taxes | $7,045,000 | 472 |
| Income before extraordinary items | $12,755,000 | 511 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $12,755,000 | 511 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $97,000 | 3,630 |
| Cash dividends | $11,125,000 | 364 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $11,780,920 | 542 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $77,231,000 | 495 |
| Total interest expense | $42,774,000 | 443 |
| Net interest income | $34,457,000 | 540 |
| Provision for loan and lease losses | $75,000 | 5,712 |
| Total noninterest income | $2,744,000 | 1,431 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $1,597,000 | 774 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $1,147,000 | 1,685 |
| Total noninterest expense | $18,993,000 | 782 |
| Salaries and employee benefits | $10,936,000 | 651 |
| Premises and equipment expense | $2,221,000 | 879 |
| Additional noninterest expense | $5,836,000 | 863 |
| Pre-tax net operating income | $18,133,000 | 479 |
| Securities gains (losses) | $1,670,000 | 268 |
| Applicable income taxes | $7,549,000 | 418 |
| Income before extraordinary items | $12,254,000 | 479 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $12,254,000 | 477 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-68,000 | 10,162 |
| Cash dividends | $9,725,000 | 392 |
| Sale, conversion, retirement of capital stock, net | $174,000 | 694 |
| Net operating income | $11,185,200 | 498 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $75,421,000 | 500 |
| Total interest expense | $41,395,000 | 460 |
| Net interest income | $34,026,000 | 554 |
| Provision for loan and lease losses | $125,000 | 4,524 |
| Total noninterest income | $2,950,000 | 1,311 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $1,245,000 | 1,008 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,705,000 | 1,219 |
| Total noninterest expense | $19,064,000 | 769 |
| Salaries and employee benefits | $10,326,000 | 667 |
| Premises and equipment expense | $2,211,000 | 905 |
| Additional noninterest expense | $6,527,000 | 795 |
| Pre-tax net operating income | $17,787,000 | 502 |
| Securities gains (losses) | $836,000 | 314 |
| Applicable income taxes | $7,246,000 | 472 |
| Income before extraordinary items | $11,377,000 | 529 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $11,377,000 | 529 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $623,000 | 1,124 |
| Cash dividends | $11,101,000 | 342 |
| Sale, conversion, retirement of capital stock, net | $133,000 | 730 |
| Net operating income | $10,841,960 | 536 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $68,878,000 | 575 |
| Total interest expense | $36,482,000 | 533 |
| Net interest income | $32,396,000 | 620 |
| Provision for loan and lease losses | $215,000 | 3,255 |
| Total noninterest income | $2,741,000 | 1,454 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $1,863,000 | 715 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $878,000 | 1,983 |
| Total noninterest expense | $18,061,000 | 857 |
| Salaries and employee benefits | $9,785,000 | 717 |
| Premises and equipment expense | $1,914,000 | 1,095 |
| Additional noninterest expense | $6,362,000 | 951 |
| Pre-tax net operating income | $16,861,000 | 514 |
| Securities gains (losses) | $413,000 | 462 |
| Applicable income taxes | $6,845,000 | 464 |
| Income before extraordinary items | $10,429,000 | 560 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $10,429,000 | 561 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $450,000 | 1,550 |
| Cash dividends | $3,762,000 | 805 |
| Sale, conversion, retirement of capital stock, net | $1,262,000 | 350 |
| Net operating income | $10,164,680 | 555 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $64,516,000 | 627 |
| Total interest expense | $32,744,000 | 611 |
| Net interest income | $31,772,000 | 645 |
| Provision for loan and lease losses | $772,000 | 1,146 |
| Total noninterest income | $3,371,000 | 1,257 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $2,030,000 | 667 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,341,000 | 1,469 |
| Total noninterest expense | $18,581,000 | 839 |
| Salaries and employee benefits | $9,550,000 | 738 |
| Premises and equipment expense | $1,830,000 | 1,154 |
| Additional noninterest expense | $7,201,000 | 848 |
| Pre-tax net operating income | $15,790,000 | 565 |
| Securities gains (losses) | $96,000 | 982 |
| Applicable income taxes | $6,463,000 | 516 |
| Income before extraordinary items | $9,423,000 | 620 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $9,423,000 | 620 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $845,000 | 987 |
| Cash dividends | $3,134,000 | 887 |
| Sale, conversion, retirement of capital stock, net | $266,000 | 450 |
| Net operating income | $9,361,560 | 619 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $55,586,000 | 645 |
| Total interest expense | $24,524,000 | 606 |
| Net interest income | $31,062,000 | 651 |
| Provision for loan and lease losses | $583,000 | 1,370 |
| Total noninterest income | $2,846,000 | 1,422 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,302,000 | 1,021 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,544,000 | 1,352 |
| Total noninterest expense | $19,715,000 | 817 |
| Salaries and employee benefits | $9,608,000 | 728 |
| Premises and equipment expense | $1,919,000 | 1,103 |
| Additional noninterest expense | $8,188,000 | 806 |
| Pre-tax net operating income | $13,610,000 | 619 |
| Securities gains (losses) | $-65,000 | 11,238 |
| Applicable income taxes | $5,292,000 | 549 |
| Income before extraordinary items | $8,253,000 | 668 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $8,253,000 | 670 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $51,000 | 5,073 |
| Cash dividends | $2,712,000 | 876 |
| Sale, conversion, retirement of capital stock, net | $1,372,000 | 368 |
| Net operating income | $8,294,600 | 670 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $56,347,000 | 627 |
| Total interest expense | $25,642,000 | 585 |
| Net interest income | $30,705,000 | 653 |
| Provision for loan and lease losses | $2,110,000 | 778 |
| Total noninterest income | $2,458,000 | 1,700 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $947,000 | 1,426 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,511,000 | 1,544 |
| Total noninterest expense | $19,971,000 | 841 |
| Salaries and employee benefits | $9,085,000 | 764 |
| Premises and equipment expense | $1,903,000 | 1,115 |
| Additional noninterest expense | $8,983,000 | 823 |
| Pre-tax net operating income | $11,082,000 | 651 |
| Securities gains (losses) | $753,000 | 673 |
| Applicable income taxes | $4,665,000 | 568 |
| Income before extraordinary items | $7,170,000 | 730 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $7,170,000 | 755 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,752,000 | 781 |
| Cash dividends | $5,840,000 | 421 |
| Sale, conversion, retirement of capital stock, net | $582,000 | 570 |
| Net operating income | $6,688,080 | 734 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $60,189,000 | 661 |
| Total interest expense | $33,511,000 | 607 |
| Net interest income | $26,678,000 | 751 |
| Provision for loan and lease losses | $4,157,000 | 664 |
| Total noninterest income | $2,538,000 | 1,633 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $933,000 | 1,439 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,605,000 | 1,444 |
| Total noninterest expense | $19,025,000 | 888 |
| Salaries and employee benefits | $8,664,000 | 785 |
| Premises and equipment expense | $2,058,000 | 1,088 |
| Additional noninterest expense | $8,303,000 | 893 |
| Pre-tax net operating income | $6,034,000 | 1,083 |
| Securities gains (losses) | $1,720,000 | 448 |
| Applicable income taxes | $3,506,000 | 670 |
| Income before extraordinary items | $4,248,000 | 1,110 |
| Extraordinary gains, net | $1,379,000 | 94 |
| Net income | $5,627,000 | 851 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,129,000 | 713 |
| Cash dividends | $500,000 | 2,760 |
| Sale, conversion, retirement of capital stock, net | $500,000 | 549 |
| Net operating income | $3,147,200 | 1,375 |
* 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.