Home > The Bank of Milpitas > Income and Expense

The Bank of Milpitas, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$1,914,000	9,494
Total interest expense	$656,000	10,104
Net interest income	$1,258,000	8,873
Provision for loan and lease losses	$155,000	3,992
Total noninterest income	$185,000	8,452
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$137,000	6,712
Trading account gains and fees	NA	NA
Additional Noninterest Income	$48,000	8,981
Total noninterest expense	$837,000	9,290
Salaries and employee benefits	$345,000	10,003
Premises and equipment expense	$102,000	9,234
Additional noninterest expense	$390,000	7,964
Pre-tax net operating income	$451,000	8,203
Securities gains (losses)	$16,000	2,154
Applicable income taxes	$183,000	7,402
Income before extraordinary items	$284,000	8,557
Extraordinary gains, net	$0	53
Net income	$284,000	8,554
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-1,000	9,767
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$273,760	8,573
1995-12-31 (YTD Data)		Rank
Total interest income	$2,512,000	8,951
Total interest expense	$927,000	9,512
Net interest income	$1,585,000	8,292
Provision for loan and lease losses	$110,000	4,388
Total noninterest income	$269,000	7,450
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$222,000	5,309
Trading account gains and fees	NA	NA
Additional Noninterest Income	$47,000	9,382
Total noninterest expense	$1,226,000	8,122
Salaries and employee benefits	$511,000	9,014
Premises and equipment expense	$225,000	6,752
Additional noninterest expense	$490,000	7,341
Pre-tax net operating income	$518,000	8,338
Securities gains (losses)	$0	3,831
Applicable income taxes	$174,000	7,859
Income before extraordinary items	$344,000	8,533
Extraordinary gains, net	$0	65
Net income	$344,000	8,537
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$101,000	3,739
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$344,000	8,498
1994-12-31 (YTD Data)		Rank
Total interest income	$1,839,000	10,093
Total interest expense	$516,000	11,029
Net interest income	$1,323,000	9,388
Provision for loan and lease losses	$100,000	4,522
Total noninterest income	$252,000	7,919
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$205,000	5,767
Trading account gains and fees	NA	NA
Additional Noninterest Income	$47,000	9,769
Total noninterest expense	$1,225,000	8,513
Salaries and employee benefits	$496,000	9,425
Premises and equipment expense	$234,000	6,793
Additional noninterest expense	$495,000	7,892
Pre-tax net operating income	$250,000	10,486
Securities gains (losses)	$0	3,600
Applicable income taxes	$46,000	10,566
Income before extraordinary items	$204,000	10,225
Extraordinary gains, net	$0	249
Net income	$204,000	10,235
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$176,000	2,709
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$204,000	10,274
1993-12-31 (YTD Data)		Rank
Total interest income	$1,602,000	10,994
Total interest expense	$470,000	11,831
Net interest income	$1,132,000	10,290
Provision for loan and lease losses	$90,000	6,008
Total noninterest income	$201,000	9,206
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$168,000	6,646
Trading account gains and fees	NA	NA
Additional Noninterest Income	$33,000	11,102
Total noninterest expense	$1,228,000	8,786
Salaries and employee benefits	$476,000	9,889
Premises and equipment expense	$243,000	6,833
Additional noninterest expense	$509,000	8,119
Pre-tax net operating income	$15,000	12,329
Securities gains (losses)	$5,000	6,132
Applicable income taxes	$-41,000	12,871
Income before extraordinary items	$61,000	12,170
Extraordinary gains, net	$-6,000	12,248
Net income	$55,000	12,241
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$139,000	3,836
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$56,000	12,058
1992-12-31 (YTD Data)		Rank
Total interest income	$1,644,000	11,618
Total interest expense	$521,000	12,671
Net interest income	$1,123,000	10,620
Provision for loan and lease losses	$156,000	5,974
Total noninterest income	$215,000	9,124
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$180,000	6,393
Trading account gains and fees	NA	NA
Additional Noninterest Income	$35,000	11,401
Total noninterest expense	$1,288,000	8,704
Salaries and employee benefits	$512,000	9,666
Premises and equipment expense	$251,000	6,759
Additional noninterest expense	$525,000	8,241
Pre-tax net operating income	$-106,000	12,952
Securities gains (losses)	$18,000	5,726
Applicable income taxes	$-78,000	13,554
Income before extraordinary items	$-10,000	12,922
Extraordinary gains, net	$0	1,422
Net income	$-10,000	12,914
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$27,000	8,662
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$-21,520	12,747

* 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.