New Canaan Bank and Trust Company, Income and Expense

1998-12-31 (YTD Data)Rank
Total interest income$11,679,0002,771
Total interest expense$3,850,0003,811
Net interest income$7,829,0002,182
Provision for loan and lease losses$08,652
Total noninterest income$1,635,0002,131
Gross Fiduciary activities income$01,398
Service charges on deposit accounts$577,0002,223
Trading account gains and fees$0224
Additional Noninterest Income$1,058,0001,780
Total noninterest expense$6,240,0002,106
Salaries and employee benefits$3,253,0002,082
Premises and equipment expense$1,237,0001,584
Additional noninterest expense$1,750,0002,376
Pre-tax net operating income$3,224,0002,219
Securities gains (losses)$39,0001,926
Applicable income taxes$1,171,0002,042
Income before extraordinary items$2,092,0002,461
Extraordinary gains, net$032
Net income$2,092,0002,460
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-28,0009,952
Cash dividends$251,0004,923
Sale, conversion, retirement of capital stock, net$114,000750
Net operating income$2,067,0402,402
1997-12-31 (YTD Data)Rank
Total interest income$10,366,0003,124
Total interest expense$3,234,0004,415
Net interest income$7,132,0002,437
Provision for loan and lease losses$08,829
Total noninterest income$1,260,0002,518
Gross Fiduciary activities income$01,450
Service charges on deposit accounts$560,0002,342
Trading account gains and fees$0239
Additional Noninterest Income$700,0002,218
Total noninterest expense$5,310,0002,427
Salaries and employee benefits$2,906,0002,272
Premises and equipment expense$1,107,0001,782
Additional noninterest expense$1,297,0003,116
Pre-tax net operating income$3,082,0002,432
Securities gains (losses)$3,0003,097
Applicable income taxes$1,136,0002,193
Income before extraordinary items$1,949,0002,643
Extraordinary gains, net$044
Net income$1,949,0002,642
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-82,00010,663
Cash dividends$07,871
Sale, conversion, retirement of capital stock, net$164,000702
Net operating income$1,947,0802,602
1996-12-31 (YTD Data)Rank
Total interest income$9,608,0003,398
Total interest expense$3,253,0004,457
Net interest income$6,355,0002,780
Provision for loan and lease losses$09,041
Total noninterest income$991,0003,152
Gross Fiduciary activities income$01,526
Service charges on deposit accounts$558,0002,439
Trading account gains and fees$0262
Additional Noninterest Income$433,0003,226
Total noninterest expense$4,728,0002,893
Salaries and employee benefits$2,581,0002,596
Premises and equipment expense$851,0002,315
Additional noninterest expense$1,296,0003,541
Pre-tax net operating income$2,618,0002,666
Securities gains (losses)$1,0003,760
Applicable income taxes$951,0002,465
Income before extraordinary items$1,668,0002,893
Extraordinary gains, net$053
Net income$1,668,0002,894
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$3,0008,286
Cash dividends$08,336
Sale, conversion, retirement of capital stock, net$21,000820
Net operating income$1,667,3602,859
1995-12-31 (YTD Data)Rank
Total interest income$9,582,0003,414
Total interest expense$3,402,0004,265
Net interest income$6,180,0002,878
Provision for loan and lease losses$7,0008,542
Total noninterest income$862,0003,478
Gross Fiduciary activities income$01,590
Service charges on deposit accounts$494,0002,752
Trading account gains and fees$0522
Additional Noninterest Income$368,0003,496
Total noninterest expense$5,002,0002,719
Salaries and employee benefits$2,747,0002,425
Premises and equipment expense$889,0002,254
Additional noninterest expense$1,366,0003,341
Pre-tax net operating income$2,033,0003,445
Securities gains (losses)$03,831
Applicable income taxes$820,0002,824
Income before extraordinary items$1,213,0003,924
Extraordinary gains, net$065
Net income$1,213,0003,922
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$124,0003,316
Cash dividends$08,717
Sale, conversion, retirement of capital stock, net$0809
Net operating income$1,213,0003,908
1994-12-31 (YTD Data)Rank
Total interest income$8,524,0003,511
Total interest expense$2,641,0004,423
Net interest income$5,883,0003,050
Provision for loan and lease losses$63,0005,527
Total noninterest income$653,0004,366
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$434,0003,141
Trading account gains and fees$0475
Additional Noninterest Income$219,0004,985
Total noninterest expense$5,306,0002,618
Salaries and employee benefits$2,549,0002,610
Premises and equipment expense$937,0002,154
Additional noninterest expense$1,820,0002,798
Pre-tax net operating income$1,167,0005,346
Securities gains (losses)$03,600
Applicable income taxes$508,0004,012
Income before extraordinary items$659,0006,151
Extraordinary gains, net$0249
Net income$659,0006,172
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$320,0001,829
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$9,0001,093
Net operating income$659,0006,226
1993-12-31 (YTD Data)Rank
Total interest income$8,778,0003,503
Total interest expense$2,935,0004,188
Net interest income$5,843,0003,101
Provision for loan and lease losses$199,0003,952
Total noninterest income$816,0003,930
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$443,0003,145
Trading account gains and fees$0532
Additional Noninterest Income$373,0003,930
Total noninterest expense$5,085,0002,814
Salaries and employee benefits$2,296,0002,881
Premises and equipment expense$809,0002,535
Additional noninterest expense$1,980,0002,761
Pre-tax net operating income$1,375,0004,655
Securities gains (losses)$07,477
Applicable income taxes$-183,00013,032
Income before extraordinary items$1,558,0003,131
Extraordinary gains, net$03,149
Net income$1,558,0003,221
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$523,0001,717
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$1,558,0002,953
1992-12-31 (YTD Data)Rank
Total interest income$9,704,0003,595
Total interest expense$4,210,0003,888
Net interest income$5,494,0003,335
Provision for loan and lease losses$629,0002,553
Total noninterest income$590,0005,019
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$440,0003,185
Trading account gains and fees$0504
Additional Noninterest Income$150,0006,642
Total noninterest expense$4,737,0003,017
Salaries and employee benefits$2,164,0002,975
Premises and equipment expense$846,0002,439
Additional noninterest expense$1,727,0003,169
Pre-tax net operating income$718,0007,003
Securities gains (losses)$53,0004,016
Applicable income taxes$220,0007,182
Income before extraordinary items$551,0006,920
Extraordinary gains, net$01,422
Net income$551,0007,007
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$674,0002,030
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$513,3706,838

* 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.