Home > The Bank of Southeastern Connecticut > Income and Expense
The Bank of Southeastern Connecticut, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $3,525,000 | 7,527 |
| Total interest expense | $1,355,000 | 8,102 |
| Net interest income | $2,170,000 | 6,933 |
| Provision for loan and lease losses | $1,235,000 | 814 |
| Total noninterest income | $464,000 | 5,450 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $221,000 | 5,323 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $243,000 | 4,558 |
| Total noninterest expense | $3,257,000 | 4,000 |
| Salaries and employee benefits | $1,054,000 | 5,797 |
| Premises and equipment expense | $251,000 | 6,325 |
| Additional noninterest expense | $1,952,000 | 2,451 |
| Pre-tax net operating income | $-1,858,000 | 11,919 |
| Securities gains (losses) | $-5,000 | 9,676 |
| Applicable income taxes | $6,000 | 10,990 |
| Income before extraordinary items | $-1,869,000 | 11,900 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $-1,869,000 | 11,899 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $59,000 | 4,829 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $-1,864,000 | 11,900 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,801,000 | 6,945 |
| Total interest expense | $1,239,000 | 7,754 |
| Net interest income | $2,562,000 | 6,343 |
| Provision for loan and lease losses | $151,000 | 3,578 |
| Total noninterest income | $480,000 | 5,449 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $228,000 | 5,375 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $252,000 | 4,576 |
| Total noninterest expense | $2,743,000 | 4,771 |
| Salaries and employee benefits | $952,000 | 6,352 |
| Premises and equipment expense | $317,000 | 5,473 |
| Additional noninterest expense | $1,474,000 | 3,362 |
| Pre-tax net operating income | $148,000 | 11,282 |
| Securities gains (losses) | $19,000 | 1,821 |
| Applicable income taxes | $7,000 | 11,444 |
| Income before extraordinary items | $160,000 | 10,701 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $160,000 | 10,705 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $524,000 | 1,337 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $141,760 | 10,979 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,103,000 | 6,749 |
| Total interest expense | $1,571,000 | 6,974 |
| Net interest income | $2,532,000 | 6,480 |
| Provision for loan and lease losses | $110,000 | 5,504 |
| Total noninterest income | $534,000 | 5,356 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $220,000 | 5,600 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $314,000 | 4,341 |
| Total noninterest expense | $3,190,000 | 4,275 |
| Salaries and employee benefits | $918,000 | 6,609 |
| Premises and equipment expense | $307,000 | 5,726 |
| Additional noninterest expense | $1,965,000 | 2,774 |
| Pre-tax net operating income | $-234,000 | 12,723 |
| Securities gains (losses) | $-4,000 | 12,523 |
| Applicable income taxes | $2,000 | 12,040 |
| Income before extraordinary items | $-240,000 | 12,788 |
| Extraordinary gains, net | $10,000 | 2,939 |
| Net income | $-230,000 | 12,791 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $271,000 | 2,614 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-236,000 | 12,710 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,576,000 | 6,795 |
| Total interest expense | $2,108,000 | 6,849 |
| Net interest income | $2,468,000 | 6,664 |
| Provision for loan and lease losses | $1,164,000 | 1,680 |
| Total noninterest income | $582,000 | 5,076 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $215,000 | 5,714 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $367,000 | 3,908 |
| Total noninterest expense | $2,655,000 | 5,023 |
| Salaries and employee benefits | $959,000 | 6,269 |
| Premises and equipment expense | $331,000 | 5,584 |
| Additional noninterest expense | $1,365,000 | 3,885 |
| Pre-tax net operating income | $-769,000 | 13,423 |
| Securities gains (losses) | $29,000 | 5,046 |
| Applicable income taxes | $152,000 | 8,570 |
| Income before extraordinary items | $-892,000 | 13,524 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-892,000 | 13,519 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,763,000 | 1,051 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-921,000 | 13,458 |
* 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.