Home > South Shore Bank > Income and Expense
South Shore Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $84,237,000 | 454 |
| Total interest expense | $26,744,000 | 572 |
| Net interest income | $57,493,000 | 388 |
| Provision for loan and lease losses | $9,460,000 | 289 |
| Total noninterest income | $17,001,000 | 419 |
| Gross Fiduciary activities income | $4,861,000 | 229 |
| Service charges on deposit accounts | $6,970,000 | 255 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $5,170,000 | 653 |
| Total noninterest expense | $78,474,000 | 296 |
| Salaries and employee benefits | $18,371,000 | 421 |
| Premises and equipment expense | $5,138,000 | 485 |
| Additional noninterest expense | $54,965,000 | 222 |
| Pre-tax net operating income | $-13,440,000 | 13,248 |
| Securities gains (losses) | $5,850,000 | 134 |
| Applicable income taxes | $-2,285,000 | 13,222 |
| Income before extraordinary items | $-5,305,000 | 13,165 |
| Extraordinary gains, net | $1,360,000 | 179 |
| Net income | $-3,945,000 | 13,146 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,119,000 | 297 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-9,400,000 | 13,194 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $101,573,000 | 433 |
| Total interest expense | $43,943,000 | 490 |
| Net interest income | $57,630,000 | 393 |
| Provision for loan and lease losses | $8,876,000 | 409 |
| Total noninterest income | $21,188,000 | 378 |
| Gross Fiduciary activities income | $5,360,000 | 209 |
| Service charges on deposit accounts | $7,585,000 | 246 |
| Trading account gains and fees | $756,000 | 151 |
| Additional Noninterest Income | $7,487,000 | 505 |
| Total noninterest expense | $77,558,000 | 291 |
| Salaries and employee benefits | $19,114,000 | 397 |
| Premises and equipment expense | $5,215,000 | 494 |
| Additional noninterest expense | $53,229,000 | 232 |
| Pre-tax net operating income | $-7,616,000 | 13,843 |
| Securities gains (losses) | $1,527,000 | 488 |
| Applicable income taxes | $-2,555,000 | 13,882 |
| Income before extraordinary items | $-3,534,000 | 13,759 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-3,534,000 | 13,757 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $16,647,000 | 246 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-4,511,280 | 13,748 |
* 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.