Home > The Sandwich Co-operative Bank > Income and Expense
The Sandwich Co-operative Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $35,945,000 | 955 |
| Total interest expense | $18,321,000 | 899 |
| Net interest income | $17,624,000 | 1,003 |
| Provision for loan and lease losses | $750,000 | 1,253 |
| Total noninterest income | $2,746,000 | 1,367 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $1,631,000 | 783 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,115,000 | 1,633 |
| Total noninterest expense | $12,339,000 | 1,084 |
| Salaries and employee benefits | $6,281,000 | 1,052 |
| Premises and equipment expense | $1,482,000 | 1,324 |
| Additional noninterest expense | $4,576,000 | 1,037 |
| Pre-tax net operating income | $7,281,000 | 1,106 |
| Securities gains (losses) | $60,000 | 1,233 |
| Applicable income taxes | $2,481,000 | 1,105 |
| Income before extraordinary items | $4,860,000 | 1,144 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $4,860,000 | 1,145 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $391,000 | 1,624 |
| Cash dividends | $2,393,000 | 1,127 |
| Sale, conversion, retirement of capital stock, net | $855,000 | 473 |
| Net operating income | $4,820,400 | 1,127 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $32,390,000 | 1,063 |
| Total interest expense | $15,792,000 | 1,043 |
| Net interest income | $16,598,000 | 1,095 |
| Provision for loan and lease losses | $265,000 | 2,838 |
| Total noninterest income | $2,827,000 | 1,422 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $1,714,000 | 771 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $1,113,000 | 1,683 |
| Total noninterest expense | $12,402,000 | 1,178 |
| Salaries and employee benefits | $6,054,000 | 1,109 |
| Premises and equipment expense | $1,461,000 | 1,393 |
| Additional noninterest expense | $4,887,000 | 1,158 |
| Pre-tax net operating income | $6,758,000 | 1,100 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $2,621,000 | 976 |
| Income before extraordinary items | $4,137,000 | 1,217 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $4,137,000 | 1,219 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $197,000 | 2,700 |
| Cash dividends | $1,979,000 | 1,315 |
| Sale, conversion, retirement of capital stock, net | $744,000 | 420 |
| Net operating income | $4,137,000 | 1,195 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $30,780,000 | 1,138 |
| Total interest expense | $14,834,000 | 1,134 |
| Net interest income | $15,946,000 | 1,154 |
| Provision for loan and lease losses | $597,000 | 1,377 |
| Total noninterest income | $2,648,000 | 1,473 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $1,674,000 | 787 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $974,000 | 1,832 |
| Total noninterest expense | $12,392,000 | 1,188 |
| Salaries and employee benefits | $5,831,000 | 1,153 |
| Premises and equipment expense | $1,299,000 | 1,567 |
| Additional noninterest expense | $5,262,000 | 1,079 |
| Pre-tax net operating income | $5,605,000 | 1,366 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $2,169,000 | 1,191 |
| Income before extraordinary items | $3,436,000 | 1,493 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $3,436,000 | 1,490 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $178,000 | 2,687 |
| Cash dividends | $1,288,000 | 1,684 |
| Sale, conversion, retirement of capital stock, net | $201,000 | 478 |
| Net operating income | $3,436,000 | 1,476 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $24,182,000 | 1,300 |
| Total interest expense | $10,572,000 | 1,244 |
| Net interest income | $13,610,000 | 1,325 |
| Provision for loan and lease losses | $406,000 | 1,804 |
| Total noninterest income | $2,310,000 | 1,651 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,484,000 | 878 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $826,000 | 2,095 |
| Total noninterest expense | $11,523,000 | 1,286 |
| Salaries and employee benefits | $5,318,000 | 1,258 |
| Premises and equipment expense | $1,180,000 | 1,745 |
| Additional noninterest expense | $5,025,000 | 1,170 |
| Pre-tax net operating income | $3,991,000 | 1,787 |
| Securities gains (losses) | $-11,000 | 9,904 |
| Applicable income taxes | $1,396,000 | 1,653 |
| Income before extraordinary items | $2,584,000 | 1,887 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,584,000 | 1,885 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $134,000 | 3,175 |
| Cash dividends | $530,000 | 3,058 |
| Sale, conversion, retirement of capital stock, net | $52,000 | 901 |
| Net operating income | $2,591,150 | 1,880 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $20,242,000 | 1,548 |
| Total interest expense | $9,244,000 | 1,446 |
| Net interest income | $10,998,000 | 1,644 |
| Provision for loan and lease losses | $478,000 | 2,172 |
| Total noninterest income | $2,721,000 | 1,573 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,215,000 | 1,102 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,506,000 | 1,550 |
| Total noninterest expense | $11,486,000 | 1,341 |
| Salaries and employee benefits | $4,765,000 | 1,417 |
| Premises and equipment expense | $1,187,000 | 1,770 |
| Additional noninterest expense | $5,534,000 | 1,170 |
| Pre-tax net operating income | $1,755,000 | 3,781 |
| Securities gains (losses) | $136,000 | 2,097 |
| Applicable income taxes | $240,000 | 6,952 |
| Income before extraordinary items | $1,651,000 | 2,959 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,651,000 | 3,055 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $474,000 | 1,819 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $5,000 | 1,167 |
| Net operating income | $1,532,680 | 3,006 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $19,103,000 | 1,851 |
| Total interest expense | $10,500,000 | 1,647 |
| Net interest income | $8,603,000 | 2,118 |
| Provision for loan and lease losses | $363,000 | 3,669 |
| Total noninterest income | $1,713,000 | 2,159 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $829,000 | 1,649 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $884,000 | 2,167 |
| Total noninterest expense | $9,738,000 | 1,579 |
| Salaries and employee benefits | $3,435,000 | 1,915 |
| Premises and equipment expense | $918,000 | 2,265 |
| Additional noninterest expense | $5,385,000 | 1,233 |
| Pre-tax net operating income | $215,000 | 10,925 |
| Securities gains (losses) | $1,000 | 7,986 |
| Applicable income taxes | $-309,000 | 13,710 |
| Income before extraordinary items | $525,000 | 7,131 |
| Extraordinary gains, net | $225,000 | 384 |
| Net income | $750,000 | 5,693 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,323,000 | 1,305 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $524,000 | 6,759 |
* 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.