Home > Meritrust Federal Savings Bank > Income and Expense
Meritrust Federal Savings Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $16,551,000 | 1,980 |
| Total interest expense | $8,967,000 | 1,730 |
| Net interest income | $7,584,000 | 2,314 |
| Provision for loan and lease losses | $180,000 | 3,648 |
| Total noninterest income | $1,894,000 | 1,853 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,894,000 | 1,142 |
| Total noninterest expense | $5,175,000 | 2,487 |
| Salaries and employee benefits | $2,951,000 | 2,245 |
| Premises and equipment expense | $1,351,000 | 1,446 |
| Additional noninterest expense | $873,000 | 4,428 |
| Pre-tax net operating income | $4,123,000 | 1,838 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $1,407,000 | 1,793 |
| Income before extraordinary items | $2,716,000 | 1,944 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $2,716,000 | 1,944 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $348,000 | 1,776 |
| Cash dividends | $540,000 | 3,311 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $2,716,000 | 1,888 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $16,105,000 | 2,093 |
| Total interest expense | $9,030,000 | 1,751 |
| Net interest income | $7,075,000 | 2,507 |
| Provision for loan and lease losses | $120,000 | 4,568 |
| Total noninterest income | $1,746,000 | 2,050 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,746,000 | 1,271 |
| Total noninterest expense | $6,514,000 | 2,121 |
| Salaries and employee benefits | $2,563,000 | 2,617 |
| Premises and equipment expense | $1,401,000 | 1,452 |
| Additional noninterest expense | $2,550,000 | 1,980 |
| Pre-tax net operating income | $2,187,000 | 3,179 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $925,000 | 2,512 |
| Income before extraordinary items | $1,262,000 | 3,709 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,262,000 | 3,708 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $103,000 | 3,872 |
| Cash dividends | $483,000 | 3,501 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,262,000 | 3,658 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $15,071,000 | 2,237 |
| Total interest expense | $8,284,000 | 1,904 |
| Net interest income | $6,787,000 | 2,627 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $1,457,000 | 2,332 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,457,000 | 1,393 |
| Total noninterest expense | $4,959,000 | 2,744 |
| Salaries and employee benefits | $2,412,000 | 2,766 |
| Premises and equipment expense | $1,310,000 | 1,554 |
| Additional noninterest expense | $1,237,000 | 3,651 |
| Pre-tax net operating income | $3,285,000 | 2,242 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $1,097,000 | 2,193 |
| Income before extraordinary items | $2,188,000 | 2,309 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $2,188,000 | 2,307 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $89,000 | 4,003 |
| Cash dividends | $407,000 | 3,810 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $2,188,000 | 2,281 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $14,086,000 | 2,173 |
| Total interest expense | $7,298,000 | 1,715 |
| Net interest income | $6,788,000 | 2,665 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $1,318,000 | 2,550 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,318,000 | 1,521 |
| Total noninterest expense | $5,021,000 | 2,774 |
| Salaries and employee benefits | $2,154,000 | 3,071 |
| Premises and equipment expense | $1,432,000 | 1,462 |
| Additional noninterest expense | $1,435,000 | 3,450 |
| Pre-tax net operating income | $3,085,000 | 2,299 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $1,020,000 | 2,194 |
| Income before extraordinary items | $2,065,000 | 2,355 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,065,000 | 2,354 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $102,000 | 3,686 |
| Cash dividends | $329,000 | 4,230 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,065,000 | 2,376 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $14,979,000 | 2,100 |
| Total interest expense | $8,065,000 | 1,635 |
| Net interest income | $6,914,000 | 2,613 |
| Provision for loan and lease losses | $131,000 | 4,988 |
| Total noninterest income | $1,553,000 | 2,382 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,553,000 | 1,513 |
| Total noninterest expense | $5,466,000 | 2,625 |
| Salaries and employee benefits | $2,175,000 | 3,008 |
| Premises and equipment expense | $1,271,000 | 1,643 |
| Additional noninterest expense | $2,020,000 | 2,708 |
| Pre-tax net operating income | $2,870,000 | 2,393 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $928,000 | 2,446 |
| Income before extraordinary items | $1,942,000 | 2,592 |
| Extraordinary gains, net | $-284,000 | 13,099 |
| Net income | $1,658,000 | 3,045 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $123,000 | 4,115 |
| Cash dividends | $149,000 | 6,173 |
| Sale, conversion, retirement of capital stock, net | $4,579,000 | 209 |
| Net operating income | $1,942,000 | 2,442 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,815,000 | 9,296 |
| Total interest expense | $1,669,000 | 7,983 |
| Net interest income | $1,146,000 | 10,526 |
| Provision for loan and lease losses | $49,000 | 9,137 |
| Total noninterest income | $245,000 | 8,580 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $245,000 | 5,023 |
| Total noninterest expense | $774,000 | 11,133 |
| Salaries and employee benefits | $410,000 | 10,742 |
| Premises and equipment expense | $165,000 | 8,699 |
| Additional noninterest expense | $199,000 | 12,248 |
| Pre-tax net operating income | $568,000 | 7,934 |
| Securities gains (losses) | $-3,000 | 12,949 |
| Applicable income taxes | $175,000 | 8,076 |
| Income before extraordinary items | $390,000 | 8,320 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $390,000 | 8,447 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $13,000 | 9,710 |
| Cash dividends | $93,000 | 6,787 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $392,070 | 7,941 |
* 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.