Home > The Bank of Southington > Income and Expense
The Bank of Southington, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $10,435,000 | 3,099 |
| Total interest expense | $3,665,000 | 3,987 |
| Net interest income | $6,770,000 | 2,569 |
| Provision for loan and lease losses | $1,203,000 | 846 |
| Total noninterest income | $501,000 | 4,990 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $363,000 | 3,506 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $138,000 | 5,921 |
| Total noninterest expense | $5,357,000 | 2,406 |
| Salaries and employee benefits | $2,514,000 | 2,625 |
| Premises and equipment expense | $311,000 | 5,340 |
| Additional noninterest expense | $2,532,000 | 1,675 |
| Pre-tax net operating income | $711,000 | 6,933 |
| Securities gains (losses) | $11,000 | 2,294 |
| Applicable income taxes | $395,000 | 4,920 |
| Income before extraordinary items | $327,000 | 8,174 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $327,000 | 8,177 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $709,000 | 1,018 |
| Cash dividends | $360,000 | 4,163 |
| Sale, conversion, retirement of capital stock, net | $113,000 | 752 |
| Net operating income | $319,960 | 8,190 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $9,326,000 | 3,496 |
| Total interest expense | $3,343,000 | 4,358 |
| Net interest income | $5,983,000 | 2,960 |
| Provision for loan and lease losses | $225,000 | 3,146 |
| Total noninterest income | $533,000 | 4,947 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $299,000 | 4,238 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $234,000 | 4,730 |
| Total noninterest expense | $4,506,000 | 3,010 |
| Salaries and employee benefits | $2,374,000 | 2,830 |
| Premises and equipment expense | $483,000 | 3,880 |
| Additional noninterest expense | $1,649,000 | 2,888 |
| Pre-tax net operating income | $1,785,000 | 3,756 |
| Securities gains (losses) | $2,000 | 3,501 |
| Applicable income taxes | $649,000 | 3,367 |
| Income before extraordinary items | $1,138,000 | 4,045 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,138,000 | 4,046 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $357,000 | 1,827 |
| Cash dividends | $308,000 | 4,439 |
| Sale, conversion, retirement of capital stock, net | $169,000 | 600 |
| Net operating income | $1,136,720 | 3,997 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $8,607,000 | 3,765 |
| Total interest expense | $2,945,000 | 4,850 |
| Net interest income | $5,662,000 | 3,147 |
| Provision for loan and lease losses | $759,000 | 1,154 |
| Total noninterest income | $423,000 | 5,779 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $289,000 | 4,434 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $134,000 | 6,308 |
| Total noninterest expense | $3,722,000 | 3,538 |
| Salaries and employee benefits | $1,871,000 | 3,522 |
| Premises and equipment expense | $573,000 | 3,338 |
| Additional noninterest expense | $1,278,000 | 3,553 |
| Pre-tax net operating income | $1,604,000 | 4,223 |
| Securities gains (losses) | $9,000 | 2,462 |
| Applicable income taxes | $570,000 | 3,794 |
| Income before extraordinary items | $1,043,000 | 4,431 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,043,000 | 4,429 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $374,000 | 1,678 |
| Cash dividends | $270,000 | 4,792 |
| Sale, conversion, retirement of capital stock, net | $109,000 | 550 |
| Net operating income | $1,037,150 | 4,443 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $7,109,000 | 4,163 |
| Total interest expense | $2,067,000 | 5,469 |
| Net interest income | $5,042,000 | 3,533 |
| Provision for loan and lease losses | $760,000 | 1,139 |
| Total noninterest income | $639,000 | 4,431 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $290,000 | 4,488 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $349,000 | 3,726 |
| Total noninterest expense | $3,963,000 | 3,459 |
| Salaries and employee benefits | $1,430,000 | 4,470 |
| Premises and equipment expense | $529,000 | 3,619 |
| Additional noninterest expense | $2,004,000 | 2,570 |
| Pre-tax net operating income | $958,000 | 6,128 |
| Securities gains (losses) | $2,000 | 3,070 |
| Applicable income taxes | $236,000 | 6,740 |
| Income before extraordinary items | $724,000 | 5,778 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $724,000 | 5,793 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $898,000 | 931 |
| Cash dividends | $240,000 | 5,038 |
| Sale, conversion, retirement of capital stock, net | $97,000 | 819 |
| Net operating income | $722,500 | 5,863 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,178,000 | 4,825 |
| Total interest expense | $2,307,000 | 5,146 |
| Net interest income | $3,871,000 | 4,538 |
| Provision for loan and lease losses | $602,000 | 1,831 |
| Total noninterest income | $315,000 | 7,443 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $199,000 | 5,987 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $116,000 | 7,420 |
| Total noninterest expense | $2,893,000 | 4,662 |
| Salaries and employee benefits | $1,182,000 | 5,299 |
| Premises and equipment expense | $540,000 | 3,632 |
| Additional noninterest expense | $1,171,000 | 4,282 |
| Pre-tax net operating income | $691,000 | 7,416 |
| Securities gains (losses) | $14,000 | 5,105 |
| Applicable income taxes | $200,000 | 7,620 |
| Income before extraordinary items | $505,000 | 7,504 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $505,000 | 7,688 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $438,000 | 1,934 |
| Cash dividends | $154,000 | 6,030 |
| Sale, conversion, retirement of capital stock, net | $66,000 | 949 |
| Net operating income | $494,920 | 7,346 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,176,000 | 5,361 |
| Total interest expense | $2,625,000 | 5,755 |
| Net interest income | $3,551,000 | 4,944 |
| Provision for loan and lease losses | $479,000 | 3,104 |
| Total noninterest income | $270,000 | 8,178 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $165,000 | 6,724 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $105,000 | 7,891 |
| Total noninterest expense | $2,389,000 | 5,506 |
| Salaries and employee benefits | $1,009,000 | 5,975 |
| Premises and equipment expense | $454,000 | 4,312 |
| Additional noninterest expense | $926,000 | 5,390 |
| Pre-tax net operating income | $953,000 | 5,837 |
| Securities gains (losses) | $33,000 | 4,829 |
| Applicable income taxes | $365,000 | 5,150 |
| Income before extraordinary items | $621,000 | 6,430 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $621,000 | 6,496 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $219,000 | 4,010 |
| Cash dividends | $69,000 | 7,264 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $599,880 | 6,212 |
* 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.