Home > Meridian Bank, New Jersey > Income and Expense

Meridian Bank, New Jersey, Income and Expense

1995-12-31 (YTD Data)Rank
Total interest income$40,503,000896
Total interest expense$18,572,000938
Net interest income$21,931,000862
Provision for loan and lease losses$630,0001,292
Total noninterest income$5,874,000858
Gross Fiduciary activities income$355,000837
Service charges on deposit accounts$3,190,000464
Trading account gains and fees$0522
Additional Noninterest Income$2,329,0001,027
Total noninterest expense$23,101,000706
Salaries and employee benefits$6,945,000988
Premises and equipment expense$2,941,000777
Additional noninterest expense$13,215,000552
Pre-tax net operating income$4,074,0001,818
Securities gains (losses)$-192,00011,667
Applicable income taxes$1,413,0001,736
Income before extraordinary items$2,469,0002,044
Extraordinary gains, net$065
Net income$2,469,0002,041
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,215,000777
Cash dividends$840,0002,337
Sale, conversion, retirement of capital stock, net$0809
Net operating income$2,591,8801,916
1994-12-31 (YTD Data)Rank
Total interest income$25,246,0001,240
Total interest expense$11,134,0001,182
Net interest income$14,112,0001,283
Provision for loan and lease losses$09,146
Total noninterest income$2,989,0001,369
Gross Fiduciary activities income$318,000885
Service charges on deposit accounts$1,810,000741
Trading account gains and fees$0475
Additional Noninterest Income$861,0002,040
Total noninterest expense$13,442,0001,117
Salaries and employee benefits$5,584,0001,208
Premises and equipment expense$1,730,0001,215
Additional noninterest expense$6,128,0001,000
Pre-tax net operating income$3,659,0001,950
Securities gains (losses)$03,600
Applicable income taxes$1,338,0001,719
Income before extraordinary items$2,321,0002,103
Extraordinary gains, net$0249
Net income$2,321,0002,101
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$248,0002,156
Cash dividends$400,0003,689
Sale, conversion, retirement of capital stock, net$3,200,000232
Net operating income$2,321,0002,123
1993-12-31 (YTD Data)Rank
Total interest income$7,862,0003,873
Total interest expense$2,520,0004,777
Net interest income$5,342,0003,355
Provision for loan and lease losses$461,0002,218
Total noninterest income$1,118,0003,075
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$461,0003,023
Trading account gains and fees$0532
Additional Noninterest Income$657,0002,710
Total noninterest expense$4,172,0003,350
Salaries and employee benefits$1,736,0003,750
Premises and equipment expense$604,0003,308
Additional noninterest expense$1,832,0002,945
Pre-tax net operating income$1,827,0003,619
Securities gains (losses)$4,0006,316
Applicable income taxes$22,00011,565
Income before extraordinary items$1,809,0002,748
Extraordinary gains, net$03,149
Net income$1,809,0002,831
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$126,0004,062
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$2,500,000309
Net operating income$1,805,0402,600
1992-12-31 (YTD Data)Rank
Total interest income$7,908,0004,329
Total interest expense$3,106,0005,006
Net interest income$4,802,0003,787
Provision for loan and lease losses$427,0003,314
Total noninterest income$605,0004,926
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$456,0003,061
Trading account gains and feesNANA
Additional Noninterest Income$149,0006,659
Total noninterest expense$3,690,0003,748
Salaries and employee benefits$1,807,0003,542
Premises and equipment expense$545,0003,675
Additional noninterest expense$1,338,0003,941
Pre-tax net operating income$1,290,0004,638
Securities gains (losses)$-29,00013,577
Applicable income taxes$519,0003,875
Income before extraordinary items$742,0005,673
Extraordinary gains, net$437,000229
Net income$1,179,0003,911
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$209,0004,097
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$760,5605,235

* 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.