Home > New England Federal Savings Association > Income and Expense
New England Federal Savings Association, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,735,000 | 8,766 |
| Total interest expense | $2,699,000 | 4,517 |
| Net interest income | $36,000 | 13,228 |
| Provision for loan and lease losses | $2,120,000 | 776 |
| Total noninterest income | $-1,203,000 | 13,271 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $-1,203,000 | 13,311 |
| Total noninterest expense | $5,183,000 | 2,754 |
| Salaries and employee benefits | $805,000 | 7,293 |
| Premises and equipment expense | $413,000 | 4,596 |
| Additional noninterest expense | $3,965,000 | 1,533 |
| Pre-tax net operating income | $-8,470,000 | 13,214 |
| Securities gains (losses) | $-1,241,000 | 13,261 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $-9,711,000 | 13,200 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-9,711,000 | 13,200 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $919,000 | 1,221 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-8,470,000 | 13,186 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,873,000 | 7,677 |
| Total interest expense | $2,567,000 | 5,864 |
| Net interest income | $1,306,000 | 9,966 |
| Provision for loan and lease losses | $855,000 | 2,065 |
| Total noninterest income | $221,000 | 9,009 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $221,000 | 5,344 |
| Total noninterest expense | $4,248,000 | 3,322 |
| Salaries and employee benefits | $497,000 | 9,808 |
| Premises and equipment expense | $478,000 | 4,132 |
| Additional noninterest expense | $3,273,000 | 1,848 |
| Pre-tax net operating income | $-3,576,000 | 13,743 |
| Securities gains (losses) | $768,000 | 786 |
| Applicable income taxes | $0 | 12,680 |
| Income before extraordinary items | $-2,808,000 | 13,734 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-2,808,000 | 13,731 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $195,000 | 4,257 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $-10,870,000 | 13,917 |
| Net operating income | $-3,576,000 | 13,721 |
* 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.