Home > The Canaan National Bank > Income and Expense
The Canaan National Bank, Income and Expense
| 2004-06-30 (YTD Data) | Rank | |
| Total interest income | $2,598,000 | 4,704 |
| Total interest expense | $976,000 | 3,678 |
| Net interest income | $1,622,000 | 5,155 |
| Provision for loan and lease losses | $6,000 | 6,548 |
| Total noninterest income | $307,000 | 4,762 |
| Gross Fiduciary activities income | $0 | 1,518 |
| Service charges on deposit accounts | $139,000 | 4,512 |
| Trading account gains and fees | $0 | 130 |
| Additional Noninterest Income | $168,000 | 4,095 |
| Total noninterest expense | $1,424,000 | 4,813 |
| Salaries and employee benefits | $799,000 | 4,731 |
| Premises and equipment expense | $229,000 | 4,352 |
| Additional noninterest expense | $396,000 | 5,101 |
| Pre-tax net operating income | $499,000 | 5,312 |
| Securities gains (losses) | $21,000 | 2,004 |
| Applicable income taxes | $133,000 | 4,442 |
| Income before extraordinary items | $387,000 | 5,403 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $387,000 | 5,403 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $12,000 | 4,658 |
| Cash dividends | $0 | 5,087 |
| Sale, conversion, retirement of capital stock, net | $0 | 638 |
| Net operating income | $371,460 | 5,417 |
| 2004-03-31 (YTD Data) | Rank | |
| Total interest income | $1,333,000 | 4,635 |
| Total interest expense | $497,000 | 3,665 |
| Net interest income | $836,000 | 5,055 |
| Provision for loan and lease losses | $3,000 | 6,219 |
| Total noninterest income | $159,000 | 4,637 |
| Gross Fiduciary activities income | $0 | 1,441 |
| Service charges on deposit accounts | $68,000 | 4,481 |
| Trading account gains and fees | $0 | 121 |
| Additional Noninterest Income | $91,000 | 3,909 |
| Total noninterest expense | $710,000 | 4,874 |
| Salaries and employee benefits | $401,000 | 4,728 |
| Premises and equipment expense | $116,000 | 4,345 |
| Additional noninterest expense | $193,000 | 5,204 |
| Pre-tax net operating income | $282,000 | 4,962 |
| Securities gains (losses) | $0 | 2,934 |
| Applicable income taxes | $75,000 | 4,234 |
| Income before extraordinary items | $207,000 | 5,250 |
| Extraordinary gains, net | $0 | 16 |
| Net income | $207,000 | 5,249 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,000 | 3,876 |
| Cash dividends | $0 | 3,841 |
| Sale, conversion, retirement of capital stock, net | $0 | 464 |
| Net operating income | $207,000 | 5,128 |
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $5,429,000 | 4,616 |
| Total interest expense | $2,201,000 | 3,707 |
| Net interest income | $3,228,000 | 5,070 |
| Provision for loan and lease losses | $36,000 | 6,612 |
| Total noninterest income | $1,130,000 | 3,435 |
| Gross Fiduciary activities income | $0 | 1,641 |
| Service charges on deposit accounts | $306,000 | 4,251 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $824,000 | 2,689 |
| Total noninterest expense | $3,256,000 | 4,361 |
| Salaries and employee benefits | $1,668,000 | 4,497 |
| Premises and equipment expense | $465,000 | 4,290 |
| Additional noninterest expense | $1,123,000 | 3,920 |
| Pre-tax net operating income | $1,066,000 | 4,999 |
| Securities gains (losses) | $0 | 4,500 |
| Applicable income taxes | $325,000 | 4,156 |
| Income before extraordinary items | $741,000 | 5,430 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $741,000 | 5,431 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $18,000 | 6,174 |
| Cash dividends | $100,000 | 5,525 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $741,000 | 5,287 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $4,061,000 | 4,678 |
| Total interest expense | $1,683,000 | 3,768 |
| Net interest income | $2,378,000 | 5,154 |
| Provision for loan and lease losses | $14,000 | 7,000 |
| Total noninterest income | $843,000 | 3,520 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $225,000 | 4,320 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $618,000 | 2,794 |
| Total noninterest expense | $2,530,000 | 4,227 |
| Salaries and employee benefits | $1,259,000 | 4,458 |
| Premises and equipment expense | $359,000 | 4,194 |
| Additional noninterest expense | $912,000 | 3,677 |
| Pre-tax net operating income | $677,000 | 5,597 |
| Securities gains (losses) | $0 | 4,204 |
| Applicable income taxes | $146,000 | 5,136 |
| Income before extraordinary items | $531,000 | 5,693 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $531,000 | 5,694 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-5,000 | 8,344 |
| Cash dividends | $37,000 | 5,222 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $531,000 | 5,515 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $2,754,000 | 4,660 |
| Total interest expense | $1,148,000 | 3,809 |
| Net interest income | $1,606,000 | 5,098 |
| Provision for loan and lease losses | $10,000 | 6,790 |
| Total noninterest income | $419,000 | 4,140 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $151,000 | 4,272 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $268,000 | 3,501 |
| Total noninterest expense | $1,569,000 | 4,436 |
| Salaries and employee benefits | $823,000 | 4,522 |
| Premises and equipment expense | $242,000 | 4,150 |
| Additional noninterest expense | $504,000 | 4,217 |
| Pre-tax net operating income | $446,000 | 5,602 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $90,000 | 5,255 |
| Income before extraordinary items | $356,000 | 5,685 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $356,000 | 5,684 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-10,000 | 8,538 |
| Cash dividends | $37,000 | 4,889 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $356,000 | 5,477 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $1,405,000 | 4,611 |
| Total interest expense | $579,000 | 3,866 |
| Net interest income | $826,000 | 4,976 |
| Provision for loan and lease losses | $5,000 | 6,526 |
| Total noninterest income | $191,000 | 4,284 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $73,000 | 4,284 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $118,000 | 3,632 |
| Total noninterest expense | $791,000 | 4,398 |
| Salaries and employee benefits | $407,000 | 4,562 |
| Premises and equipment expense | $118,000 | 4,220 |
| Additional noninterest expense | $266,000 | 4,024 |
| Pre-tax net operating income | $221,000 | 5,599 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $51,000 | 5,066 |
| Income before extraordinary items | $170,000 | 5,721 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $170,000 | 5,721 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-10,000 | 8,558 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $170,000 | 5,523 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $6,060,000 | 4,522 |
| Total interest expense | $2,644,000 | 3,921 |
| Net interest income | $3,416,000 | 4,829 |
| Provision for loan and lease losses | $70,000 | 6,288 |
| Total noninterest income | $641,000 | 4,556 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $279,000 | 4,401 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $362,000 | 3,869 |
| Total noninterest expense | $3,000,000 | 4,458 |
| Salaries and employee benefits | $1,551,000 | 4,569 |
| Premises and equipment expense | $447,000 | 4,282 |
| Additional noninterest expense | $1,002,000 | 4,169 |
| Pre-tax net operating income | $987,000 | 5,239 |
| Securities gains (losses) | $68,000 | 2,124 |
| Applicable income taxes | $317,000 | 4,348 |
| Income before extraordinary items | $738,000 | 5,410 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $738,000 | 5,410 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $33,000 | 5,798 |
| Cash dividends | $94,000 | 5,650 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $690,400 | 5,453 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $6,777,000 | 4,538 |
| Total interest expense | $3,332,000 | 4,361 |
| Net interest income | $3,445,000 | 4,610 |
| Provision for loan and lease losses | $74,000 | 6,121 |
| Total noninterest income | $349,000 | 6,030 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $251,000 | 4,632 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $98,000 | 6,492 |
| Total noninterest expense | $2,707,000 | 4,686 |
| Salaries and employee benefits | $1,328,000 | 4,959 |
| Premises and equipment expense | $377,000 | 4,787 |
| Additional noninterest expense | $1,002,000 | 4,063 |
| Pre-tax net operating income | $1,013,000 | 4,866 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $292,000 | 4,321 |
| Income before extraordinary items | $721,000 | 5,151 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $721,000 | 5,155 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $36,000 | 5,589 |
| Cash dividends | $144,000 | 5,388 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $721,000 | 5,039 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $6,531,000 | 4,822 |
| Total interest expense | $3,482,000 | 4,402 |
| Net interest income | $3,049,000 | 5,098 |
| Provision for loan and lease losses | $14,000 | 7,804 |
| Total noninterest income | $331,000 | 6,050 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $232,000 | 4,724 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $99,000 | 6,458 |
| Total noninterest expense | $2,458,000 | 4,921 |
| Salaries and employee benefits | $1,278,000 | 4,959 |
| Premises and equipment expense | $359,000 | 4,852 |
| Additional noninterest expense | $821,000 | 4,648 |
| Pre-tax net operating income | $908,000 | 5,520 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $275,000 | 4,767 |
| Income before extraordinary items | $633,000 | 5,696 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $633,000 | 5,694 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $33,000 | 5,361 |
| Cash dividends | $196,000 | 5,191 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $633,000 | 5,711 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $5,522,000 | 5,217 |
| Total interest expense | $2,590,000 | 5,090 |
| Net interest income | $2,932,000 | 5,250 |
| Provision for loan and lease losses | $21,000 | 7,629 |
| Total noninterest income | $334,000 | 6,138 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $245,000 | 4,575 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $89,000 | 6,897 |
| Total noninterest expense | $2,405,000 | 5,012 |
| Salaries and employee benefits | $1,178,000 | 5,233 |
| Premises and equipment expense | $383,000 | 4,674 |
| Additional noninterest expense | $844,000 | 4,608 |
| Pre-tax net operating income | $840,000 | 5,791 |
| Securities gains (losses) | $-9,000 | 9,275 |
| Applicable income taxes | $287,000 | 4,914 |
| Income before extraordinary items | $544,000 | 6,187 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $544,000 | 6,185 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $16,000 | 6,364 |
| Cash dividends | $164,000 | 5,514 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $549,850 | 6,147 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $5,397,000 | 5,380 |
| Total interest expense | $2,609,000 | 5,207 |
| Net interest income | $2,788,000 | 5,429 |
| Provision for loan and lease losses | $3,000 | 8,549 |
| Total noninterest income | $342,000 | 6,080 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $199,000 | 5,164 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $143,000 | 5,810 |
| Total noninterest expense | $2,290,000 | 5,078 |
| Salaries and employee benefits | $1,161,000 | 5,199 |
| Premises and equipment expense | $340,000 | 4,977 |
| Additional noninterest expense | $789,000 | 4,729 |
| Pre-tax net operating income | $837,000 | 5,942 |
| Securities gains (losses) | $15,000 | 2,661 |
| Applicable income taxes | $327,000 | 4,944 |
| Income before extraordinary items | $525,000 | 6,454 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $525,000 | 6,453 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $20,000 | 6,323 |
| Cash dividends | $140,000 | 5,882 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $515,400 | 6,400 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $5,192,000 | 5,645 |
| Total interest expense | $2,541,000 | 5,348 |
| Net interest income | $2,651,000 | 5,824 |
| Provision for loan and lease losses | $41,000 | 6,989 |
| Total noninterest income | $686,000 | 4,025 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $182,000 | 5,626 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $504,000 | 2,811 |
| Total noninterest expense | $2,424,000 | 4,898 |
| Salaries and employee benefits | $1,274,000 | 4,852 |
| Premises and equipment expense | $314,000 | 5,292 |
| Additional noninterest expense | $836,000 | 4,578 |
| Pre-tax net operating income | $872,000 | 6,244 |
| Securities gains (losses) | $5,000 | 2,787 |
| Applicable income taxes | $354,000 | 5,265 |
| Income before extraordinary items | $523,000 | 6,845 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $523,000 | 6,848 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $30,000 | 5,964 |
| Cash dividends | $177,000 | 5,643 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $519,800 | 6,807 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $5,109,000 | 5,843 |
| Total interest expense | $2,487,000 | 5,539 |
| Net interest income | $2,622,000 | 6,008 |
| Provision for loan and lease losses | $175,000 | 3,759 |
| Total noninterest income | $602,000 | 4,554 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $172,000 | 6,076 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $430,000 | 3,239 |
| Total noninterest expense | $2,266,000 | 5,411 |
| Salaries and employee benefits | $1,233,000 | 5,080 |
| Premises and equipment expense | $322,000 | 5,312 |
| Additional noninterest expense | $711,000 | 5,680 |
| Pre-tax net operating income | $783,000 | 6,573 |
| Securities gains (losses) | $22,000 | 1,932 |
| Applicable income taxes | $315,000 | 5,673 |
| Income before extraordinary items | $490,000 | 6,964 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $490,000 | 6,968 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $99,000 | 3,962 |
| Cash dividends | $95,000 | 6,831 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $475,920 | 7,011 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $4,855,000 | 6,118 |
| Total interest expense | $2,335,000 | 5,830 |
| Net interest income | $2,520,000 | 6,275 |
| Provision for loan and lease losses | $86,000 | 4,934 |
| Total noninterest income | $363,000 | 6,339 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $155,000 | 6,557 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $208,000 | 5,016 |
| Total noninterest expense | $2,048,000 | 5,875 |
| Salaries and employee benefits | $1,155,000 | 5,388 |
| Premises and equipment expense | $272,000 | 6,038 |
| Additional noninterest expense | $621,000 | 6,398 |
| Pre-tax net operating income | $749,000 | 7,067 |
| Securities gains (losses) | $-33,000 | 10,904 |
| Applicable income taxes | $291,000 | 6,120 |
| Income before extraordinary items | $425,000 | 7,846 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $425,000 | 7,845 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $280,000 | 2,031 |
| Cash dividends | $212,000 | 5,332 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $446,120 | 7,647 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,999,000 | 6,695 |
| Total interest expense | $1,735,000 | 6,250 |
| Net interest income | $2,264,000 | 6,937 |
| Provision for loan and lease losses | $10,000 | 8,460 |
| Total noninterest income | $373,000 | 6,413 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $135,000 | 7,234 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $238,000 | 4,730 |
| Total noninterest expense | $2,028,000 | 6,125 |
| Salaries and employee benefits | $1,132,000 | 5,516 |
| Premises and equipment expense | $272,000 | 6,144 |
| Additional noninterest expense | $624,000 | 6,861 |
| Pre-tax net operating income | $599,000 | 8,003 |
| Securities gains (losses) | $-60,000 | 11,176 |
| Applicable income taxes | $219,000 | 7,023 |
| Income before extraordinary items | $320,000 | 8,939 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $320,000 | 8,943 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $103,000 | 3,664 |
| Cash dividends | $250,000 | 4,888 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $358,400 | 8,615 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,693,000 | 7,275 |
| Total interest expense | $1,581,000 | 6,935 |
| Net interest income | $2,112,000 | 7,402 |
| Provision for loan and lease losses | $78,000 | 6,380 |
| Total noninterest income | $410,000 | 6,369 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $148,000 | 7,140 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $262,000 | 4,871 |
| Total noninterest expense | $2,205,000 | 5,854 |
| Salaries and employee benefits | $1,092,000 | 5,685 |
| Premises and equipment expense | $300,000 | 5,858 |
| Additional noninterest expense | $813,000 | 5,848 |
| Pre-tax net operating income | $239,000 | 10,708 |
| Securities gains (losses) | $132,000 | 2,136 |
| Applicable income taxes | $148,000 | 8,695 |
| Income before extraordinary items | $223,000 | 10,370 |
| Extraordinary gains, net | $70,000 | 1,909 |
| Net income | $293,000 | 9,717 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $138,000 | 3,853 |
| Cash dividends | $45,000 | 8,091 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $138,520 | 11,154 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,023,000 | 7,474 |
| Total interest expense | $1,934,000 | 7,261 |
| Net interest income | $2,089,000 | 7,520 |
| Provision for loan and lease losses | $67,000 | 8,339 |
| Total noninterest income | $462,000 | 5,960 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $147,000 | 7,190 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $315,000 | 4,301 |
| Total noninterest expense | $2,330,000 | 5,628 |
| Salaries and employee benefits | $1,105,000 | 5,570 |
| Premises and equipment expense | $300,000 | 5,973 |
| Additional noninterest expense | $925,000 | 5,396 |
| Pre-tax net operating income | $154,000 | 11,491 |
| Securities gains (losses) | $40,000 | 4,499 |
| Applicable income taxes | $37,000 | 11,601 |
| Income before extraordinary items | $157,000 | 11,181 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $157,000 | 11,271 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $145,000 | 4,970 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $124,600 | 11,308 |
* 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.