Home > Milford Co-operative Bank > Income and Expense
Milford Co-operative Bank, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $10,361,000 | 3,201 |
| Total interest expense | $5,029,000 | 3,015 |
| Net interest income | $5,332,000 | 3,326 |
| Provision for loan and lease losses | $113,000 | 4,343 |
| Total noninterest income | $776,000 | 3,766 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $776,000 | 2,145 |
| Total noninterest expense | $3,820,000 | 3,466 |
| Salaries and employee benefits | $1,895,000 | 3,483 |
| Premises and equipment expense | $835,000 | 2,394 |
| Additional noninterest expense | $1,090,000 | 4,060 |
| Pre-tax net operating income | $2,175,000 | 3,244 |
| Securities gains (losses) | $45,000 | 1,385 |
| Applicable income taxes | $680,000 | 3,320 |
| Income before extraordinary items | $1,540,000 | 3,170 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,540,000 | 3,167 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $130,000 | 3,217 |
| Cash dividends | $428,000 | 3,700 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $1,508,950 | 3,209 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $8,932,000 | 3,353 |
| Total interest expense | $4,273,000 | 2,868 |
| Net interest income | $4,659,000 | 3,801 |
| Provision for loan and lease losses | $60,000 | 5,594 |
| Total noninterest income | $766,000 | 3,852 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $766,000 | 2,191 |
| Total noninterest expense | $3,561,000 | 3,789 |
| Salaries and employee benefits | $1,769,000 | 3,678 |
| Premises and equipment expense | $793,000 | 2,546 |
| Additional noninterest expense | $999,000 | 4,715 |
| Pre-tax net operating income | $1,804,000 | 3,739 |
| Securities gains (losses) | $22,000 | 1,687 |
| Applicable income taxes | $665,000 | 3,213 |
| Income before extraordinary items | $1,161,000 | 3,986 |
| Extraordinary gains, net | $-70,000 | 12,534 |
| Net income | $1,091,000 | 4,213 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $112,000 | 3,515 |
| Cash dividends | $345,000 | 4,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,146,920 | 4,067 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $9,024,000 | 3,404 |
| Total interest expense | $4,483,000 | 2,865 |
| Net interest income | $4,541,000 | 3,904 |
| Provision for loan and lease losses | $285,000 | 3,115 |
| Total noninterest income | $785,000 | 4,044 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $785,000 | 2,410 |
| Total noninterest expense | $3,535,000 | 3,874 |
| Salaries and employee benefits | $1,697,000 | 3,827 |
| Premises and equipment expense | $776,000 | 2,627 |
| Additional noninterest expense | $1,062,000 | 4,678 |
| Pre-tax net operating income | $1,506,000 | 4,311 |
| Securities gains (losses) | $135,000 | 2,108 |
| Applicable income taxes | $678,000 | 3,210 |
| Income before extraordinary items | $963,000 | 4,821 |
| Extraordinary gains, net | $259,000 | 807 |
| Net income | $1,222,000 | 4,046 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $242,000 | 2,789 |
| Cash dividends | $311,000 | 4,290 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $876,600 | 4,972 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $10,202,000 | 3,420 |
| Total interest expense | $5,915,000 | 2,816 |
| Net interest income | $4,287,000 | 4,185 |
| Provision for loan and lease losses | $720,000 | 2,319 |
| Total noninterest income | $752,000 | 4,156 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $752,000 | 2,396 |
| Total noninterest expense | $3,154,000 | 4,322 |
| Salaries and employee benefits | $1,481,000 | 4,285 |
| Premises and equipment expense | $683,000 | 2,979 |
| Additional noninterest expense | $990,000 | 5,089 |
| Pre-tax net operating income | $1,165,000 | 5,038 |
| Securities gains (losses) | $336,000 | 1,428 |
| Applicable income taxes | $662,000 | 3,139 |
| Income before extraordinary items | $839,000 | 5,169 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $839,000 | 5,228 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $179,000 | 4,456 |
| Cash dividends | $279,000 | 4,216 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $623,960 | 6,049 |
* 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.