The Meriden Trust and Safe Deposit Company, Income and Expense

1993-12-31 (YTD Data)Rank
Total interest income$122,00013,246
Total interest expense$013,264
Net interest income$122,00013,192
Provision for loan and lease losses$010,371
Total noninterest income$1,035,0003,252
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$011,351
Trading account gains and feesNANA
Additional Noninterest Income$1,035,0001,987
Total noninterest expense$992,0009,763
Salaries and employee benefits$614,0008,684
Premises and equipment expense$60,00011,855
Additional noninterest expense$318,00010,214
Pre-tax net operating income$165,00011,357
Securities gains (losses)$98,0002,538
Applicable income taxes$113,0009,447
Income before extraordinary items$150,00011,203
Extraordinary gains, net$03,149
Net income$150,00011,285
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$09,922
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$87,28011,748
1992-12-31 (YTD Data)Rank
Total interest income$133,00013,882
Total interest expense$3,00013,895
Net interest income$130,00013,828
Provision for loan and lease losses$011,756
Total noninterest income$1,257,0002,760
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$011,764
Trading account gains and feesNANA
Additional Noninterest Income$1,257,0001,716
Total noninterest expense$1,050,0009,746
Salaries and employee benefits$604,0008,768
Premises and equipment expense$60,00012,283
Additional noninterest expense$386,0009,740
Pre-tax net operating income$337,0009,802
Securities gains (losses)$17,0005,804
Applicable income taxes$152,0008,570
Income before extraordinary items$202,00010,570
Extraordinary gains, net$77,000846
Net income$279,0009,692
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$011,197
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$191,12010,385

* 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.