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Sterling Bank, Income and Expense

1993-12-31 (YTD Data)Rank
Total interest income$66,853,000540
Total interest expense$33,289,000491
Net interest income$33,564,000605
Provision for loan and lease losses$3,000,000608
Total noninterest income$2,249,0001,811
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$1,245,0001,073
Trading account gains and fees$0532
Additional Noninterest Income$1,004,0002,028
Total noninterest expense$23,125,000739
Salaries and employee benefits$9,606,000725
Premises and equipment expense$2,926,000792
Additional noninterest expense$10,593,000734
Pre-tax net operating income$9,688,000755
Securities gains (losses)$11,0005,374
Applicable income taxes$3,430,000750
Income before extraordinary items$6,269,000841
Extraordinary gains, net$03,149
Net income$6,269,000871
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,718,000599
Cash dividends$1,080,0001,638
Sale, conversion, retirement of capital stock, net$142,000830
Net operating income$6,261,850793
1992-12-31 (YTD Data)Rank
Total interest income$72,519,000570
Total interest expense$41,230,000515
Net interest income$31,289,000652
Provision for loan and lease losses$4,850,000608
Total noninterest income$1,981,0001,945
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$887,0001,527
Trading account gains and fees$0504
Additional Noninterest Income$1,094,0001,876
Total noninterest expense$19,482,000867
Salaries and employee benefits$8,604,000791
Premises and equipment expense$2,379,000965
Additional noninterest expense$8,499,000878
Pre-tax net operating income$8,938,000725
Securities gains (losses)$1,902,000426
Applicable income taxes$3,953,000596
Income before extraordinary items$6,887,000690
Extraordinary gains, net$1,088,000117
Net income$7,975,000600
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,461,0001,215
Cash dividends$1,287,0001,250
Sale, conversion, retirement of capital stock, net$142,000781
Net operating income$5,669,720767

* 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.