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Middlesex Bank & Trust Company, Income and Expense

2001-12-31 (YTD Data)Rank
Total interest income$2,635,0007,604
Total interest expense$1,458,0007,059
Net interest income$1,177,0007,932
Provision for loan and lease losses$65,0006,279
Total noninterest income$63,0009,008
Gross Fiduciary activities income$01,731
Service charges on deposit accounts$31,0007,960
Trading account gains and fees$0177
Additional Noninterest Income$32,0008,285
Total noninterest expense$1,836,0006,057
Salaries and employee benefits$858,0006,547
Premises and equipment expense$264,0005,917
Additional noninterest expense$714,0005,209
Pre-tax net operating income$-661,0009,234
Securities gains (losses)$50,0002,347
Applicable income taxes$1,0007,858
Income before extraordinary items$-612,0009,283
Extraordinary gains, net$0105
Net income$-612,0009,284
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-8,0009,052
Cash dividends$06,617
Sale, conversion, retirement of capital stock, net$967,000423
Net operating income$-662,0009,269
2000-12-31 (YTD Data)Rank
Total interest income$2,817,0007,591
Total interest expense$1,748,0006,704
Net interest income$1,069,0008,349
Provision for loan and lease losses$215,0003,578
Total noninterest income$53,0009,290
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$7,0008,473
Trading account gains and feesNANA
Additional Noninterest Income$46,0007,965
Total noninterest expense$1,781,0006,095
Salaries and employee benefits$821,0006,626
Premises and equipment expense$250,0006,046
Additional noninterest expense$710,0005,126
Pre-tax net operating income$-874,0009,690
Securities gains (losses)$-136,0009,497
Applicable income taxes$1,0008,314
Income before extraordinary items$-1,011,0009,728
Extraordinary gains, net$038
Net income$-1,011,0009,727
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$8,0006,747
Cash dividends$06,853
Sale, conversion, retirement of capital stock, net$-1,0009,718
Net operating income$-875,0009,703
1999-12-31 (YTD Data)Rank
Total interest income$2,076,0008,412
Total interest expense$1,383,0007,230
Net interest income$693,0009,302
Provision for loan and lease losses$15,0007,855
Total noninterest income$21,0009,954
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$8,0008,712
Trading account gains and feesNANA
Additional Noninterest Income$13,0009,578
Total noninterest expense$1,628,0006,464
Salaries and employee benefits$635,0007,568
Premises and equipment expense$261,0005,901
Additional noninterest expense$732,0005,096
Pre-tax net operating income$-929,00010,050
Securities gains (losses)$-17,0009,494
Applicable income taxes$08,765
Income before extraordinary items$-946,00010,075
Extraordinary gains, net$035
Net income$-946,00010,075
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,897
Cash dividends$07,131
Sale, conversion, retirement of capital stock, net$-1,00010,039
Net operating income$-929,00010,062
1998-12-31 (YTD Data)Rank
Total interest income$1,532,0009,254
Total interest expense$908,0008,666
Net interest income$624,0009,679
Provision for loan and lease losses$16,0007,917
Total noninterest income$56,0009,756
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$7,0008,918
Trading account gains and feesNANA
Additional Noninterest Income$49,0008,189
Total noninterest expense$1,356,0007,084
Salaries and employee benefits$560,0007,983
Premises and equipment expense$228,0006,289
Additional noninterest expense$568,0005,960
Pre-tax net operating income$-692,00010,266
Securities gains (losses)$7,0003,223
Applicable income taxes$-169,00010,295
Income before extraordinary items$-516,00010,236
Extraordinary gains, net$032
Net income$-516,00010,233
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,132
Cash dividends$07,473
Sale, conversion, retirement of capital stock, net$8,000976
Net operating income$-521,25010,209
1997-12-31 (YTD Data)Rank
Total interest income$527,00010,698
Total interest expense$233,00010,621
Net interest income$294,00010,690
Provision for loan and lease losses$37,0007,107
Total noninterest income$2,00010,860
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$09,486
Trading account gains and feesNANA
Additional Noninterest Income$2,00010,800
Total noninterest expense$978,0008,429
Salaries and employee benefits$285,00010,062
Premises and equipment expense$132,0008,186
Additional noninterest expense$561,0006,044
Pre-tax net operating income$-719,00010,801
Securities gains (losses)$03,944
Applicable income taxes$-175,00010,777
Income before extraordinary items$-544,00010,767
Extraordinary gains, net$044
Net income$-544,00010,767
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,513
Cash dividends$07,871
Sale, conversion, retirement of capital stock, net$7,683,000121
Net operating income$-544,00010,749

* 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.