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Towne Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $1,187,000 | 10,084 |
| Total interest expense | $593,000 | 9,847 |
| Net interest income | $594,000 | 10,200 |
| Provision for loan and lease losses | $722,000 | 1,296 |
| Total noninterest income | $53,000 | 10,234 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $4,000 | 9,392 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $49,000 | 8,480 |
| Total noninterest expense | $1,347,000 | 7,192 |
| Salaries and employee benefits | $436,000 | 9,037 |
| Premises and equipment expense | $569,000 | 3,312 |
| Additional noninterest expense | $342,000 | 7,882 |
| Pre-tax net operating income | $-1,422,000 | 10,879 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $0 | 10,065 |
| Income before extraordinary items | $-1,422,000 | 10,875 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $-1,422,000 | 10,875 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,513 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $-1,422,000 | 10,864 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $87,000 | 11,420 |
| Total interest expense | $42,000 | 11,373 |
| Net interest income | $45,000 | 11,431 |
| Provision for loan and lease losses | $20,000 | 7,945 |
| Total noninterest income | $1,000 | 11,397 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $0 | 9,915 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,000 | 11,358 |
| Total noninterest expense | $566,000 | 10,328 |
| Salaries and employee benefits | $351,000 | 9,945 |
| Premises and equipment expense | $83,000 | 9,731 |
| Additional noninterest expense | $132,000 | 10,773 |
| Pre-tax net operating income | $-540,000 | 11,253 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $0 | 10,572 |
| Income before extraordinary items | $-540,000 | 11,280 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-540,000 | 11,279 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,805 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $-540,000 | 11,253 |
* 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.