Home > The Riggs National Bank of Maryland > Income and Expense
The Riggs National Bank of Maryland, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $14,772,000 | 2,276 |
| Total interest expense | $6,882,000 | 2,270 |
| Net interest income | $7,890,000 | 2,283 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $3,107,000 | 1,332 |
| Gross Fiduciary activities income | $749,000 | 614 |
| Service charges on deposit accounts | $1,110,000 | 1,204 |
| Trading account gains and fees | $10,000 | 429 |
| Additional Noninterest Income | $1,238,000 | 1,566 |
| Total noninterest expense | $8,704,000 | 1,629 |
| Salaries and employee benefits | $1,771,000 | 3,702 |
| Premises and equipment expense | $2,968,000 | 770 |
| Additional noninterest expense | $3,965,000 | 1,345 |
| Pre-tax net operating income | $2,293,000 | 3,091 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $731,000 | 3,121 |
| Income before extraordinary items | $1,562,000 | 3,129 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,562,000 | 3,126 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-92,000 | 11,692 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,562,000 | 3,103 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $11,799,000 | 2,572 |
| Total interest expense | $4,125,000 | 2,949 |
| Net interest income | $7,674,000 | 2,348 |
| Provision for loan and lease losses | $364,000 | 1,956 |
| Total noninterest income | $3,337,000 | 1,259 |
| Gross Fiduciary activities income | $635,000 | 657 |
| Service charges on deposit accounts | $1,127,000 | 1,174 |
| Trading account gains and fees | $10,000 | 377 |
| Additional Noninterest Income | $1,565,000 | 1,340 |
| Total noninterest expense | $9,093,000 | 1,619 |
| Salaries and employee benefits | $2,198,000 | 3,011 |
| Premises and equipment expense | $2,402,000 | 893 |
| Additional noninterest expense | $4,493,000 | 1,293 |
| Pre-tax net operating income | $1,554,000 | 4,278 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $352,000 | 5,249 |
| Income before extraordinary items | $1,202,000 | 3,857 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,202,000 | 3,862 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $366,000 | 1,672 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,202,000 | 3,882 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $12,038,000 | 2,564 |
| Total interest expense | $4,150,000 | 3,060 |
| Net interest income | $7,888,000 | 2,277 |
| Provision for loan and lease losses | $486,000 | 2,149 |
| Total noninterest income | $2,674,000 | 1,597 |
| Gross Fiduciary activities income | $582,000 | 713 |
| Service charges on deposit accounts | $992,000 | 1,360 |
| Trading account gains and fees | $7,000 | 442 |
| Additional Noninterest Income | $1,093,000 | 1,918 |
| Total noninterest expense | $9,929,000 | 1,538 |
| Salaries and employee benefits | $2,808,000 | 2,368 |
| Premises and equipment expense | $2,394,000 | 926 |
| Additional noninterest expense | $4,727,000 | 1,332 |
| Pre-tax net operating income | $147,000 | 11,497 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $0 | 12,141 |
| Income before extraordinary items | $147,000 | 11,238 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $147,000 | 11,320 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $525,000 | 1,712 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $147,000 | 11,030 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $13,246,000 | 2,662 |
| Total interest expense | $6,052,000 | 2,753 |
| Net interest income | $7,194,000 | 2,530 |
| Provision for loan and lease losses | $310,000 | 4,033 |
| Total noninterest income | $2,372,000 | 1,722 |
| Gross Fiduciary activities income | $753,000 | 631 |
| Service charges on deposit accounts | $901,000 | 1,501 |
| Trading account gains and fees | $-12,000 | 5,212 |
| Additional Noninterest Income | $730,000 | 2,448 |
| Total noninterest expense | $8,880,000 | 1,705 |
| Salaries and employee benefits | $2,837,000 | 2,293 |
| Premises and equipment expense | $2,437,000 | 952 |
| Additional noninterest expense | $3,606,000 | 1,720 |
| Pre-tax net operating income | $376,000 | 9,455 |
| Securities gains (losses) | $87,000 | 3,239 |
| Applicable income taxes | $160,000 | 8,377 |
| Income before extraordinary items | $303,000 | 9,276 |
| Extraordinary gains, net | $160,000 | 529 |
| Net income | $463,000 | 7,743 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $258,000 | 3,655 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $246,450 | 9,598 |
* 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.