Home > South Weymouth Savings Bank > Income and Expense
South Weymouth Savings Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $19,430,000 | 1,740 |
| Total interest expense | $10,392,000 | 1,538 |
| Net interest income | $9,038,000 | 1,990 |
| Provision for loan and lease losses | $200,000 | 3,395 |
| Total noninterest income | $645,000 | 4,348 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $449,000 | 3,015 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $196,000 | 5,222 |
| Total noninterest expense | $6,336,000 | 2,167 |
| Salaries and employee benefits | $3,839,000 | 1,723 |
| Premises and equipment expense | $721,000 | 2,710 |
| Additional noninterest expense | $1,776,000 | 2,729 |
| Pre-tax net operating income | $3,147,000 | 2,270 |
| Securities gains (losses) | $844,000 | 294 |
| Applicable income taxes | $1,697,000 | 1,426 |
| Income before extraordinary items | $2,294,000 | 2,158 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $2,294,000 | 2,159 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,000 | 8,612 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,753,840 | 2,726 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $18,334,000 | 1,847 |
| Total interest expense | $9,152,000 | 1,732 |
| Net interest income | $9,182,000 | 1,957 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $767,000 | 3,806 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $492,000 | 2,761 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $275,000 | 4,223 |
| Total noninterest expense | $5,960,000 | 2,284 |
| Salaries and employee benefits | $3,277,000 | 2,022 |
| Premises and equipment expense | $797,000 | 2,482 |
| Additional noninterest expense | $1,886,000 | 2,531 |
| Pre-tax net operating income | $3,989,000 | 1,855 |
| Securities gains (losses) | $148,000 | 786 |
| Applicable income taxes | $1,653,000 | 1,511 |
| Income before extraordinary items | $2,484,000 | 2,036 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $2,484,000 | 2,033 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $125,000 | 3,304 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $2,389,280 | 2,078 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $15,806,000 | 1,949 |
| Total interest expense | $6,680,000 | 1,876 |
| Net interest income | $9,126,000 | 1,985 |
| Provision for loan and lease losses | $10,000 | 8,460 |
| Total noninterest income | $749,000 | 3,922 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $509,000 | 2,698 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $240,000 | 4,702 |
| Total noninterest expense | $6,511,000 | 2,169 |
| Salaries and employee benefits | $3,576,000 | 1,869 |
| Premises and equipment expense | $851,000 | 2,379 |
| Additional noninterest expense | $2,084,000 | 2,487 |
| Pre-tax net operating income | $3,354,000 | 2,124 |
| Securities gains (losses) | $35,000 | 1,379 |
| Applicable income taxes | $1,349,000 | 1,706 |
| Income before extraordinary items | $2,040,000 | 2,377 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,040,000 | 2,376 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $9,000 | 7,569 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,017,600 | 2,426 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $16,201,000 | 1,929 |
| Total interest expense | $7,065,000 | 1,843 |
| Net interest income | $9,136,000 | 1,972 |
| Provision for loan and lease losses | $574,000 | 1,923 |
| Total noninterest income | $987,000 | 3,373 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $523,000 | 2,663 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $464,000 | 3,414 |
| Total noninterest expense | $6,405,000 | 2,268 |
| Salaries and employee benefits | $3,198,000 | 2,069 |
| Premises and equipment expense | $742,000 | 2,730 |
| Additional noninterest expense | $2,465,000 | 2,261 |
| Pre-tax net operating income | $3,144,000 | 2,174 |
| Securities gains (losses) | $75,000 | 2,875 |
| Applicable income taxes | $1,122,000 | 2,039 |
| Income before extraordinary items | $2,097,000 | 2,384 |
| Extraordinary gains, net | $353,000 | 616 |
| Net income | $2,450,000 | 2,126 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $107,000 | 4,406 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,048,250 | 2,305 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $17,611,000 | 2,019 |
| Total interest expense | $8,561,000 | 1,988 |
| Net interest income | $9,050,000 | 2,020 |
| Provision for loan and lease losses | $552,000 | 2,786 |
| Total noninterest income | $761,000 | 4,120 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $500,000 | 2,781 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $261,000 | 4,830 |
| Total noninterest expense | $6,366,000 | 2,296 |
| Salaries and employee benefits | $3,261,000 | 2,015 |
| Premises and equipment expense | $712,000 | 2,876 |
| Additional noninterest expense | $2,393,000 | 2,410 |
| Pre-tax net operating income | $2,893,000 | 2,149 |
| Securities gains (losses) | $-168,000 | 13,835 |
| Applicable income taxes | $1,479,000 | 1,469 |
| Income before extraordinary items | $1,246,000 | 3,679 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,246,000 | 3,722 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $662,000 | 2,052 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,353,520 | 3,145 |
* 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.