Home > South Boston Savings Bank > Income and Expense
South Boston Savings Bank, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $137,364,000 | 349 |
| Total interest expense | $85,474,000 | 299 |
| Net interest income | $51,890,000 | 443 |
| Provision for loan and lease losses | $2,667,000 | 485 |
| Total noninterest income | $5,477,000 | 899 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $874,000 | 1,551 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $4,603,000 | 693 |
| Total noninterest expense | $42,828,000 | 446 |
| Salaries and employee benefits | $12,861,000 | 556 |
| Premises and equipment expense | $2,320,000 | 929 |
| Additional noninterest expense | $27,647,000 | 348 |
| Pre-tax net operating income | $11,872,000 | 719 |
| Securities gains (losses) | $35,730,000 | 9 |
| Applicable income taxes | $13,622,000 | 300 |
| Income before extraordinary items | $33,980,000 | 254 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $33,980,000 | 252 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $11,134,000 | 174 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $8,611,700 | 674 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $137,707,000 | 320 |
| Total interest expense | $76,313,000 | 272 |
| Net interest income | $61,394,000 | 376 |
| Provision for loan and lease losses | $5,967,000 | 257 |
| Total noninterest income | $5,055,000 | 919 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $920,000 | 1,471 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $4,135,000 | 714 |
| Total noninterest expense | $29,054,000 | 600 |
| Salaries and employee benefits | $14,408,000 | 514 |
| Premises and equipment expense | $2,436,000 | 886 |
| Additional noninterest expense | $12,210,000 | 599 |
| Pre-tax net operating income | $31,428,000 | 320 |
| Securities gains (losses) | $2,369,000 | 79 |
| Applicable income taxes | $9,724,000 | 348 |
| Income before extraordinary items | $24,073,000 | 289 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $24,073,000 | 288 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,692,000 | 276 |
| Cash dividends | $15,300,000 | 257 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $22,391,010 | 307 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $150,575,000 | 297 |
| Total interest expense | $85,768,000 | 232 |
| Net interest income | $64,807,000 | 350 |
| Provision for loan and lease losses | $8,000,000 | 321 |
| Total noninterest income | $4,836,000 | 1,009 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $982,000 | 1,370 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $3,854,000 | 825 |
| Total noninterest expense | $29,530,000 | 632 |
| Salaries and employee benefits | $15,441,000 | 493 |
| Premises and equipment expense | $2,327,000 | 952 |
| Additional noninterest expense | $11,762,000 | 668 |
| Pre-tax net operating income | $32,113,000 | 281 |
| Securities gains (losses) | $20,667,000 | 40 |
| Applicable income taxes | $19,171,000 | 191 |
| Income before extraordinary items | $33,609,000 | 219 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $33,609,000 | 227 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,932,000 | 300 |
| Cash dividends | $46,990,000 | 91 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $20,382,120 | 297 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $159,182,000 | 313 |
| Total interest expense | $96,051,000 | 260 |
| Net interest income | $63,131,000 | 367 |
| Provision for loan and lease losses | $8,667,000 | 415 |
| Total noninterest income | $3,102,000 | 1,394 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $917,000 | 1,467 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $2,185,000 | 1,169 |
| Total noninterest expense | $28,028,000 | 644 |
| Salaries and employee benefits | $13,242,000 | 558 |
| Premises and equipment expense | $2,529,000 | 927 |
| Additional noninterest expense | $12,257,000 | 663 |
| Pre-tax net operating income | $29,538,000 | 250 |
| Securities gains (losses) | $13,838,000 | 90 |
| Applicable income taxes | $15,083,000 | 191 |
| Income before extraordinary items | $28,293,000 | 207 |
| Extraordinary gains, net | $3,370,000 | 48 |
| Net income | $31,663,000 | 192 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $6,417,000 | 444 |
| Cash dividends | $11,100,000 | 191 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $19,298,300 | 254 |
* 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.