Home > Saugus Bank and Trust Company > Income and Expense
Saugus Bank and Trust Company, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $13,617,000 | 2,279 |
| Total interest expense | $5,503,000 | 2,348 |
| Net interest income | $8,114,000 | 2,211 |
| Provision for loan and lease losses | $1,837,000 | 860 |
| Total noninterest income | $1,420,000 | 2,551 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $928,000 | 1,452 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $492,000 | 3,293 |
| Total noninterest expense | $6,617,000 | 2,196 |
| Salaries and employee benefits | $3,199,000 | 2,068 |
| Premises and equipment expense | $530,000 | 3,684 |
| Additional noninterest expense | $2,888,000 | 1,967 |
| Pre-tax net operating income | $1,080,000 | 5,576 |
| Securities gains (losses) | $622,000 | 782 |
| Applicable income taxes | $655,000 | 3,324 |
| Income before extraordinary items | $1,047,000 | 4,524 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,047,000 | 4,646 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,350,000 | 661 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $648,920 | 6,195 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $15,976,000 | 2,210 |
| Total interest expense | $8,061,000 | 2,108 |
| Net interest income | $7,915,000 | 2,295 |
| Provision for loan and lease losses | $2,465,000 | 986 |
| Total noninterest income | $1,603,000 | 2,278 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $863,000 | 1,569 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $740,000 | 2,425 |
| Total noninterest expense | $6,497,000 | 2,255 |
| Salaries and employee benefits | $3,207,000 | 2,051 |
| Premises and equipment expense | $604,000 | 3,338 |
| Additional noninterest expense | $2,686,000 | 2,193 |
| Pre-tax net operating income | $556,000 | 8,021 |
| Securities gains (losses) | $209,000 | 1,956 |
| Applicable income taxes | $295,000 | 5,996 |
| Income before extraordinary items | $470,000 | 7,580 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $470,000 | 7,686 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,016,000 | 731 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $336,240 | 8,502 |
* 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.