Home > The Wakefield National Bank > Income and Expense
The Wakefield National Bank, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $1,247,000 | 11,252 |
| Total interest expense | $530,000 | 10,963 |
| Net interest income | $717,000 | 11,318 |
| Provision for loan and lease losses | $2,000 | 9,032 |
| Total noninterest income | $55,000 | 11,823 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $47,000 | 9,795 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $8,000 | 12,207 |
| Total noninterest expense | $578,000 | 11,242 |
| Salaries and employee benefits | $317,000 | 11,049 |
| Premises and equipment expense | $55,000 | 11,452 |
| Additional noninterest expense | $206,000 | 11,069 |
| Pre-tax net operating income | $192,000 | 10,955 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $63,000 | 10,161 |
| Income before extraordinary items | $129,000 | 11,068 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $129,000 | 11,074 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-2,000 | 10,077 |
| Cash dividends | $80,000 | 7,289 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $129,000 | 11,112 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,213,000 | 11,863 |
| Total interest expense | $528,000 | 11,546 |
| Net interest income | $685,000 | 11,930 |
| Provision for loan and lease losses | $0 | 10,371 |
| Total noninterest income | $70,000 | 12,069 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $48,000 | 10,145 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $22,000 | 11,885 |
| Total noninterest expense | $570,000 | 11,800 |
| Salaries and employee benefits | $299,000 | 11,657 |
| Premises and equipment expense | $48,000 | 12,290 |
| Additional noninterest expense | $223,000 | 11,426 |
| Pre-tax net operating income | $185,000 | 11,177 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $51,000 | 10,921 |
| Income before extraordinary items | $134,000 | 11,403 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $134,000 | 11,473 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,000 | 9,724 |
| Cash dividends | $90,000 | 7,115 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $134,000 | 11,193 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,325,000 | 12,348 |
| Total interest expense | $675,000 | 11,949 |
| Net interest income | $650,000 | 12,514 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $78,000 | 12,335 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $42,000 | 10,631 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $36,000 | 11,337 |
| Total noninterest expense | $845,000 | 10,781 |
| Salaries and employee benefits | $579,000 | 8,998 |
| Premises and equipment expense | $52,000 | 12,611 |
| Additional noninterest expense | $214,000 | 12,038 |
| Pre-tax net operating income | $-117,000 | 12,975 |
| Securities gains (losses) | $22,000 | 5,460 |
| Applicable income taxes | $-78,000 | 13,554 |
| Income before extraordinary items | $-17,000 | 12,935 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-17,000 | 12,927 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-1,000 | 12,178 |
| Cash dividends | $50,000 | 7,650 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-31,080 | 12,775 |
* 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.