Home > The Bank of Mystic > Income and Expense
The Bank of Mystic, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,922,000 | 5,734 |
| Total interest expense | $2,155,000 | 5,268 |
| Net interest income | $2,767,000 | 5,978 |
| Provision for loan and lease losses | $109,000 | 4,383 |
| Total noninterest income | $990,000 | 3,136 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $99,000 | 8,122 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $891,000 | 1,990 |
| Total noninterest expense | $3,593,000 | 3,760 |
| Salaries and employee benefits | $1,566,000 | 4,130 |
| Premises and equipment expense | $455,000 | 4,118 |
| Additional noninterest expense | $1,572,000 | 3,173 |
| Pre-tax net operating income | $55,000 | 11,890 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $10,000 | 11,373 |
| Income before extraordinary items | $45,000 | 11,840 |
| Extraordinary gains, net | $466,000 | 24 |
| Net income | $511,000 | 7,232 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $253,000 | 2,133 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $30,000 | 973 |
| Net operating income | $45,000 | 11,877 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,822,000 | 5,957 |
| Total interest expense | $2,482,000 | 4,842 |
| Net interest income | $2,340,000 | 6,839 |
| Provision for loan and lease losses | $256,000 | 3,328 |
| Total noninterest income | $1,985,000 | 1,992 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $89,000 | 8,728 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,896,000 | 1,304 |
| Total noninterest expense | $3,604,000 | 3,810 |
| Salaries and employee benefits | $1,709,000 | 3,798 |
| Premises and equipment expense | $420,000 | 4,523 |
| Additional noninterest expense | $1,475,000 | 3,560 |
| Pre-tax net operating income | $465,000 | 8,906 |
| Securities gains (losses) | $22,000 | 4,534 |
| Applicable income taxes | $12,000 | 11,783 |
| Income before extraordinary items | $475,000 | 7,742 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $475,000 | 7,924 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $339,000 | 2,287 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $453,440 | 7,682 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,232,000 | 6,160 |
| Total interest expense | $3,123,000 | 4,985 |
| Net interest income | $2,109,000 | 7,471 |
| Provision for loan and lease losses | $631,000 | 2,546 |
| Total noninterest income | $938,000 | 3,498 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $90,000 | 8,836 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $848,000 | 2,233 |
| Total noninterest expense | $2,653,000 | 5,029 |
| Salaries and employee benefits | $973,000 | 6,180 |
| Premises and equipment expense | $395,000 | 4,841 |
| Additional noninterest expense | $1,285,000 | 4,081 |
| Pre-tax net operating income | $-237,000 | 13,124 |
| Securities gains (losses) | $369,000 | 1,349 |
| Applicable income taxes | $8,000 | 12,420 |
| Income before extraordinary items | $124,000 | 11,632 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $124,000 | 11,712 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $454,000 | 2,624 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-222,860 | 13,084 |
* 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.