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Towne Bank, Income and Expense

2001-12-31 (YTD Data)		Rank
Total interest income	$16,874,000	2,032
Total interest expense	$9,301,000	1,748
Net interest income	$7,573,000	2,370
Provision for loan and lease losses	$722,000	1,626
Total noninterest income	$1,662,000	2,324
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$292,000	4,221
Trading account gains and fees	$0	177
Additional Noninterest Income	$1,370,000	1,647
Total noninterest expense	$4,894,000	2,876
Salaries and employee benefits	$2,359,000	3,107
Premises and equipment expense	$631,000	3,232
Additional noninterest expense	$1,904,000	2,345
Pre-tax net operating income	$3,619,000	1,926
Securities gains (losses)	$47,000	2,415
Applicable income taxes	$1,219,000	1,788
Income before extraordinary items	$2,447,000	2,136
Extraordinary gains, net	$0	105
Net income	$2,447,000	2,140
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$484,000	1,597
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$11,000	838
Net operating income	$2,415,510	2,084
2000-12-31 (YTD Data)		Rank
Total interest income	$15,803,000	2,216
Total interest expense	$9,294,000	1,861
Net interest income	$6,509,000	2,738
Provision for loan and lease losses	$563,000	1,707
Total noninterest income	$399,000	5,541
Gross Fiduciary activities income	$0	1,332
Service charges on deposit accounts	$203,000	5,058
Trading account gains and fees	$0	180
Additional Noninterest Income	$196,000	4,850
Total noninterest expense	$4,386,000	3,069
Salaries and employee benefits	$2,071,000	3,371
Premises and equipment expense	$653,000	3,057
Additional noninterest expense	$1,662,000	2,561
Pre-tax net operating income	$1,959,000	3,377
Securities gains (losses)	$-23,000	8,808
Applicable income taxes	$669,000	2,893
Income before extraordinary items	$1,267,000	3,714
Extraordinary gains, net	$0	38
Net income	$1,267,000	3,714
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$152,000	2,843
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$61,000	750
Net operating income	$1,281,950	3,665
1999-12-31 (YTD Data)		Rank
Total interest income	$9,016,000	3,530
Total interest expense	$5,582,000	2,645
Net interest income	$3,434,000	4,707
Provision for loan and lease losses	$805,000	1,181
Total noninterest income	$349,000	6,015
Gross Fiduciary activities income	$0	1,380
Service charges on deposit accounts	$45,000	7,961
Trading account gains and fees	$0	173
Additional Noninterest Income	$304,000	3,990
Total noninterest expense	$3,991,000	3,322
Salaries and employee benefits	$1,338,000	4,764
Premises and equipment expense	$318,000	5,295
Additional noninterest expense	$2,335,000	1,872
Pre-tax net operating income	$-1,013,000	10,062
Securities gains (losses)	$-2,136,000	10,176
Applicable income taxes	$-1,108,000	10,173
Income before extraordinary items	$-2,041,000	10,159
Extraordinary gains, net	$0	35
Net income	$-2,041,000	10,159
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$54,000	4,686
Cash dividends	$80,000	6,280
Sale, conversion, retirement of capital stock, net	$312,000	670
Net operating income	$-652,600	9,969
1998-12-31 (YTD Data)		Rank
Total interest income	$8,554,000	3,690
Total interest expense	$5,608,000	2,704
Net interest income	$2,946,000	5,195
Provision for loan and lease losses	$28,000	7,415
Total noninterest income	$177,000	7,857
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	224
Additional Noninterest Income	$177,000	5,269
Total noninterest expense	$2,155,000	5,300
Salaries and employee benefits	$1,178,000	5,140
Premises and equipment expense	$397,000	4,444
Additional noninterest expense	$580,000	5,884
Pre-tax net operating income	$940,000	5,606
Securities gains (losses)	$604,000	496
Applicable income taxes	$516,000	3,758
Income before extraordinary items	$1,028,000	4,413
Extraordinary gains, net	$0	32
Net income	$1,028,000	4,412
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$13,000	6,814
Cash dividends	$150,000	5,770
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$623,320	5,851
1997-12-31 (YTD Data)		Rank
Total interest income	$7,718,000	4,099
Total interest expense	$4,919,000	3,031
Net interest income	$2,799,000	5,579
Provision for loan and lease losses	$21,000	7,856
Total noninterest income	$237,000	7,373
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	239
Additional Noninterest Income	$237,000	4,513
Total noninterest expense	$1,955,000	5,738
Salaries and employee benefits	$1,051,000	5,676
Premises and equipment expense	$426,000	4,234
Additional noninterest expense	$478,000	6,694
Pre-tax net operating income	$1,060,000	5,651
Securities gains (losses)	$126,000	885
Applicable income taxes	$415,000	4,767
Income before extraordinary items	$771,000	5,581
Extraordinary gains, net	$0	44
Net income	$771,000	5,583
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$15,000	6,932
Cash dividends	$50,000	7,161
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$689,100	5,908
1996-12-31 (YTD Data)		Rank
Total interest income	$6,709,000	4,743
Total interest expense	$4,271,000	3,490
Net interest income	$2,438,000	6,305
Provision for loan and lease losses	$20,000	7,945
Total noninterest income	$224,000	7,911
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	262
Additional Noninterest Income	$224,000	4,874
Total noninterest expense	$2,242,000	5,458
Salaries and employee benefits	$979,000	6,092
Premises and equipment expense	$455,000	4,071
Additional noninterest expense	$808,000	5,165
Pre-tax net operating income	$400,000	8,504
Securities gains (losses)	$233,000	642
Applicable income taxes	$316,000	5,656
Income before extraordinary items	$317,000	8,285
Extraordinary gains, net	$0	53
Net income	$317,000	8,283
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$5,000	8,019
Cash dividends	$50,000	7,494
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$167,880	9,568
1995-12-31 (YTD Data)		Rank
Total interest income	$5,774,000	5,371
Total interest expense	$3,553,000	4,103
Net interest income	$2,221,000	6,830
Provision for loan and lease losses	$0	8,958
Total noninterest income	$274,000	7,385
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	522
Additional Noninterest Income	$274,000	4,230
Total noninterest expense	$1,833,000	6,384
Salaries and employee benefits	$957,000	6,263
Premises and equipment expense	$465,000	3,996
Additional noninterest expense	$411,000	8,083
Pre-tax net operating income	$662,000	7,533
Securities gains (losses)	$198,000	671
Applicable income taxes	$351,000	5,431
Income before extraordinary items	$509,000	7,184
Extraordinary gains, net	$0	65
Net income	$509,000	7,184
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,856
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	NA	NA
Net operating income	$382,280	8,205
1994-12-31 (YTD Data)		Rank
Total interest income	$4,580,000	6,066
Total interest expense	$2,496,000	4,662
Net interest income	$2,084,000	7,363
Provision for loan and lease losses	$0	9,146
Total noninterest income	$-280,000	12,582
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	475
Additional Noninterest Income	$-280,000	12,625
Total noninterest expense	$1,665,000	7,084
Salaries and employee benefits	$946,000	6,381
Premises and equipment expense	$328,000	5,336
Additional noninterest expense	$391,000	8,915
Pre-tax net operating income	$139,000	11,354
Securities gains (losses)	$141,000	632
Applicable income taxes	$167,000	7,982
Income before extraordinary items	$113,000	11,240
Extraordinary gains, net	$365,000	42
Net income	$478,000	7,477
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	8,921
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$38,000	938
Net operating income	$22,760	11,995
1993-12-31 (YTD Data)		Rank
Total interest income	$4,361,000	6,459
Total interest expense	$2,516,000	4,780
Net interest income	$1,845,000	8,114
Provision for loan and lease losses	$62,000	6,899
Total noninterest income	$1,147,000	3,015
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	532
Additional Noninterest Income	$1,147,000	1,862
Total noninterest expense	$1,827,000	6,807
Salaries and employee benefits	$955,000	6,386
Premises and equipment expense	$218,000	7,325
Additional noninterest expense	$654,000	6,912
Pre-tax net operating income	$1,103,000	5,503
Securities gains (losses)	$128,000	2,175
Applicable income taxes	$467,000	4,438
Income before extraordinary items	$764,000	5,758
Extraordinary gains, net	$0	3,149
Net income	$764,000	5,904
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	9,922
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$27,000	1,047
Net operating income	$682,080	5,969
1992-12-31 (YTD Data)		Rank
Total interest income	$3,250,000	8,557
Total interest expense	$2,017,000	7,079
Net interest income	$1,233,000	10,205
Provision for loan and lease losses	$34,000	9,820
Total noninterest income	$108,000	11,496
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	504
Additional Noninterest Income	$108,000	7,800
Total noninterest expense	$919,000	10,370
Salaries and employee benefits	$485,000	9,921
Premises and equipment expense	$119,000	10,050
Additional noninterest expense	$315,000	10,617
Pre-tax net operating income	$388,000	9,350
Securities gains (losses)	$280,000	1,603
Applicable income taxes	$199,000	7,581
Income before extraordinary items	$469,000	7,589
Extraordinary gains, net	$0	1,422
Net income	$469,000	7,695
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	11,197
Cash dividends	$200,000	4,982
Sale, conversion, retirement of capital stock, net	$5,066,000	167
Net operating income	$273,000	9,272

* 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.