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U.S. Trust Company, Income and Expense

2005-12-31 (YTD Data)Rank
Total interest income$126,808,000311
Total interest expense$48,718,000286
Net interest income$78,090,000323
Provision for loan and lease losses$1,900,000565
Total noninterest income$347,576,00074
Gross Fiduciary activities income$340,243,00016
Service charges on deposit accounts$38,0007,258
Trading account gains and fees$0138
Additional Noninterest Income$7,295,000523
Total noninterest expense$312,426,00098
Salaries and employee benefits$182,877,00079
Premises and equipment expense$26,453,000128
Additional noninterest expense$103,096,000116
Pre-tax net operating income$111,340,000162
Securities gains (losses)$918,000203
Applicable income taxes$42,614,000152
Income before extraordinary items$69,644,000175
Extraordinary gains, net$046
Net income$69,644,000175
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,087,000634
Cash dividends$50,000,000129
Sale, conversion, retirement of capital stock, net$0934
Net operating income$69,056,480174
2005-09-30 (YTD Data)Rank
Total interest income$91,355,000314
Total interest expense$33,309,000293
Net interest income$58,046,000324
Provision for loan and lease losses$1,700,000449
Total noninterest income$258,189,00074
Gross Fiduciary activities income$251,850,00017
Service charges on deposit accounts$34,0007,198
Trading account gains and fees$0126
Additional Noninterest Income$6,305,000483
Total noninterest expense$222,778,000105
Salaries and employee benefits$129,327,00083
Premises and equipment expense$18,666,000133
Additional noninterest expense$74,785,000116
Pre-tax net operating income$91,757,000155
Securities gains (losses)$908,000187
Applicable income taxes$34,458,000152
Income before extraordinary items$58,207,000168
Extraordinary gains, net$035
Net income$58,207,000168
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,093,000466
Cash dividends$50,000,000102
Sale, conversion, retirement of capital stock, net$0769
Net operating income$57,625,880165
2005-06-30 (YTD Data)Rank
Total interest income$58,234,000313
Total interest expense$19,979,000298
Net interest income$38,255,000319
Provision for loan and lease losses$1,550,000331
Total noninterest income$167,919,00073
Gross Fiduciary activities income$163,722,00017
Service charges on deposit accounts$17,0007,375
Trading account gains and fees$0116
Additional Noninterest Income$4,180,000477
Total noninterest expense$148,968,000103
Salaries and employee benefits$85,458,00082
Premises and equipment expense$12,430,000130
Additional noninterest expense$51,080,000116
Pre-tax net operating income$55,656,000165
Securities gains (losses)$898,000163
Applicable income taxes$19,838,000160
Income before extraordinary items$36,716,000175
Extraordinary gains, net$030
Net income$36,716,000175
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,097,000338
Cash dividends$25,000,000110
Sale, conversion, retirement of capital stock, net$0643
Net operating income$36,132,300172
2005-03-31 (YTD Data)Rank
Total interest income$27,664,000318
Total interest expense$8,570,000319
Net interest income$19,094,000318
Provision for loan and lease losses$100,0002,031
Total noninterest income$85,618,00069
Gross Fiduciary activities income$83,154,00018
Service charges on deposit accounts$11,0007,233
Trading account gains and fees$0115
Additional Noninterest Income$2,453,000428
Total noninterest expense$75,226,000105
Salaries and employee benefits$42,383,00085
Premises and equipment expense$6,431,000132
Additional noninterest expense$26,412,000117
Pre-tax net operating income$29,386,000164
Securities gains (losses)$11,000981
Applicable income taxes$11,782,000148
Income before extraordinary items$17,615,000179
Extraordinary gains, net$024
Net income$17,615,000179
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-6,0007,691
Cash dividends$03,863
Sale, conversion, retirement of capital stock, net$0491
Net operating income$17,607,960171
2004-12-31 (YTD Data)Rank
Total interest income$86,531,000355
Total interest expense$24,679,000354
Net interest income$61,852,000364
Provision for loan and lease losses$07,314
Total noninterest income$317,161,00076
Gross Fiduciary activities income$310,323,00017
Service charges on deposit accounts$51,0007,279
Trading account gains and fees$0138
Additional Noninterest Income$6,787,000532
Total noninterest expense$320,651,000101
Salaries and employee benefits$173,676,00082
Premises and equipment expense$36,633,00097
Additional noninterest expense$110,342,000114
Pre-tax net operating income$58,362,000237
Securities gains (losses)$1,212,000251
Applicable income taxes$23,956,000204
Income before extraordinary items$35,618,000253
Extraordinary gains, net$034
Net income$35,618,000254
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-19,0008,442
Cash dividends$30,000,000172
Sale, conversion, retirement of capital stock, net$0872
Net operating income$34,842,320252
2004-09-30 (YTD Data)Rank
Total interest income$61,465,000366
Total interest expense$17,188,000372
Net interest income$44,277,000376
Provision for loan and lease losses$07,100
Total noninterest income$232,782,00079
Gross Fiduciary activities income$227,314,00016
Service charges on deposit accounts$38,0007,324
Trading account gains and fees$0134
Additional Noninterest Income$5,430,000512
Total noninterest expense$226,259,000110
Salaries and employee benefits$123,570,00088
Premises and equipment expense$20,367,000127
Additional noninterest expense$82,322,000118
Pre-tax net operating income$50,800,000213
Securities gains (losses)$275,000631
Applicable income taxes$20,213,000189
Income before extraordinary items$30,862,000234
Extraordinary gains, net$026
Net income$30,862,000235
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-15,0008,290
Cash dividends$10,000,000270
Sale, conversion, retirement of capital stock, net$0738
Net operating income$30,686,000228
2004-06-30 (YTD Data)Rank
Total interest income$38,828,000386
Total interest expense$10,623,000392
Net interest income$28,205,000389
Provision for loan and lease losses$06,885
Total noninterest income$153,491,00085
Gross Fiduciary activities income$149,217,00017
Service charges on deposit accounts$25,0007,362
Trading account gains and fees$0130
Additional Noninterest Income$4,249,000466
Total noninterest expense$152,332,000111
Salaries and employee benefits$84,306,00090
Premises and equipment expense$13,367,000128
Additional noninterest expense$54,659,000120
Pre-tax net operating income$29,364,000234
Securities gains (losses)$-202,0009,006
Applicable income taxes$11,611,000212
Income before extraordinary items$17,551,000259
Extraordinary gains, net$021
Net income$17,551,000260
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-12,0008,234
Cash dividends$10,000,000189
Sale, conversion, retirement of capital stock, net$0638
Net operating income$17,680,280249
2004-03-31 (YTD Data)Rank
Total interest income$18,524,000405
Total interest expense$4,581,000459
Net interest income$13,943,000395
Provision for loan and lease losses$06,501
Total noninterest income$73,482,00084
Gross Fiduciary activities income$71,598,00019
Service charges on deposit accounts$13,0007,319
Trading account gains and fees$0121
Additional Noninterest Income$1,871,000508
Total noninterest expense$74,322,000112
Salaries and employee benefits$42,583,00088
Premises and equipment expense$6,801,000128
Additional noninterest expense$24,938,000124
Pre-tax net operating income$13,103,000246
Securities gains (losses)$-60,0009,042
Applicable income taxes$5,237,000221
Income before extraordinary items$7,806,000279
Extraordinary gains, net$016
Net income$7,806,000280
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-6,0007,966
Cash dividends$03,841
Sale, conversion, retirement of capital stock, net$0464
Net operating income$7,844,400261
2003-12-31 (YTD Data)Rank
Total interest income$50,800,000560
Total interest expense$9,953,000894
Net interest income$40,847,000483
Provision for loan and lease losses$25,0006,896
Total noninterest income$224,474,000103
Gross Fiduciary activities income$217,440,00021
Service charges on deposit accounts$58,0007,304
Trading account gains and fees$0160
Additional Noninterest Income$6,976,000582
Total noninterest expense$203,662,000143
Salaries and employee benefits$118,990,000114
Premises and equipment expense$23,496,000142
Additional noninterest expense$61,176,000171
Pre-tax net operating income$61,634,000209
Securities gains (losses)$7,896,000131
Applicable income taxes$27,475,000185
Income before extraordinary items$42,055,000221
Extraordinary gains, net$054
Net income$42,055,000223
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-41,0008,902
Cash dividends$10,000,000375
Sale, conversion, retirement of capital stock, net$0868
Net operating income$37,001,560227
2003-09-30 (YTD Data)Rank
Total interest income$31,926,000674
Total interest expense$6,752,0001,033
Net interest income$25,174,000579
Provision for loan and lease losses$25,0006,589
Total noninterest income$145,184,000115
Gross Fiduciary activities income$140,183,00023
Service charges on deposit accounts$43,0007,379
Trading account gains and fees$0153
Additional Noninterest Income$4,958,000643
Total noninterest expense$131,799,000158
Salaries and employee benefits$79,347,000122
Premises and equipment expense$16,213,000149
Additional noninterest expense$36,239,000196
Pre-tax net operating income$38,534,000250
Securities gains (losses)$7,358,000129
Applicable income taxes$18,455,000205
Income before extraordinary items$27,437,000254
Extraordinary gains, net$040
Net income$27,437,000255
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-19,0008,698
Cash dividends$05,519
Sale, conversion, retirement of capital stock, net$0722
Net operating income$22,727,880273
2003-06-30 (YTD Data)Rank
Total interest income$18,464,000797
Total interest expense$3,754,0001,276
Net interest income$14,710,000654
Provision for loan and lease losses$07,324
Total noninterest income$74,801,000130
Gross Fiduciary activities income$72,544,00025
Service charges on deposit accounts$18,0007,723
Trading account gains and fees$0150
Additional Noninterest Income$2,239,000849
Total noninterest expense$66,203,000189
Salaries and employee benefits$40,892,000145
Premises and equipment expense$7,783,000187
Additional noninterest expense$17,528,000238
Pre-tax net operating income$23,308,000269
Securities gains (losses)$2,999,000178
Applicable income taxes$10,956,000225
Income before extraordinary items$15,351,000295
Extraordinary gains, net$030
Net income$15,351,000296
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-6,0008,344
Cash dividends$05,215
Sale, conversion, retirement of capital stock, net$0589
Net operating income$13,431,640292
2003-03-31 (YTD Data)Rank
Total interest income$5,589,0001,311
Total interest expense$992,0002,450
Net interest income$4,597,0001,062
Provision for loan and lease losses$06,934
Total noninterest income$19,151,000181
Gross Fiduciary activities income$18,428,00038
Service charges on deposit accounts$8,0007,776
Trading account gains and fees$0134
Additional Noninterest Income$715,0001,148
Total noninterest expense$17,930,000286
Salaries and employee benefits$11,067,000218
Premises and equipment expense$2,274,000302
Additional noninterest expense$4,589,000371
Pre-tax net operating income$5,818,000438
Securities gains (losses)$280,000530
Applicable income taxes$2,615,000385
Income before extraordinary items$3,483,000516
Extraordinary gains, net$021
Net income$3,483,000515
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$05,539
Cash dividends$03,930
Sale, conversion, retirement of capital stock, net$0419
Net operating income$3,303,800510
2002-12-31 (YTD Data)Rank
Total interest income$25,555,0001,198
Total interest expense$6,056,0001,887
Net interest income$19,499,000996
Provision for loan and lease losses$08,089
Total noninterest income$78,853,000176
Gross Fiduciary activities income$76,273,00039
Service charges on deposit accounts$31,0007,841
Trading account gains and fees$0153
Additional Noninterest Income$2,549,0001,115
Total noninterest expense$95,898,000230
Salaries and employee benefits$63,082,000160
Premises and equipment expense$15,008,000190
Additional noninterest expense$17,808,000382
Pre-tax net operating income$2,454,0002,919
Securities gains (losses)$2,936,000218
Applicable income taxes$2,642,0001,036
Income before extraordinary items$2,748,0002,178
Extraordinary gains, net$1,247,00013
Net income$3,995,0001,534
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,632
Cash dividends$06,377
Sale, conversion, retirement of capital stock, net$0862
Net operating income$868,9604,846
2001-12-31 (YTD Data)Rank
Total interest income$24,521,0001,383
Total interest expense$13,742,0001,176
Net interest income$10,779,0001,659
Provision for loan and lease losses$08,228
Total noninterest income$78,140,000181
Gross Fiduciary activities income$75,962,00040
Service charges on deposit accounts$21,0008,109
Trading account gains and fees$0177
Additional Noninterest Income$2,157,0001,175
Total noninterest expense$100,754,000221
Salaries and employee benefits$69,103,000147
Premises and equipment expense$10,511,000251
Additional noninterest expense$21,140,000340
Pre-tax net operating income$-11,835,0009,597
Securities gains (losses)$1,405,000322
Applicable income taxes$-4,194,0009,591
Income before extraordinary items$-6,236,0009,578
Extraordinary gains, net$12,925,0005
Net income$6,689,000825
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$07,777
Cash dividends$06,617
Sale, conversion, retirement of capital stock, net$0922
Net operating income$-7,135,2009,575
2000-12-31 (YTD Data)Rank
Total interest income$26,082,0001,349
Total interest expense$18,346,000971
Net interest income$7,736,0002,292
Provision for loan and lease losses$08,337
Total noninterest income$91,420,000164
Gross Fiduciary activities income$90,651,00036
Service charges on deposit accounts$9,0008,434
Trading account gains and fees$0180
Additional Noninterest Income$760,0002,218
Total noninterest expense$87,067,000238
Salaries and employee benefits$58,494,000165
Premises and equipment expense$8,004,000304
Additional noninterest expense$20,569,000339
Pre-tax net operating income$12,089,000664
Securities gains (losses)$01,956
Applicable income taxes$5,041,000549
Income before extraordinary items$7,048,000767
Extraordinary gains, net$038
Net income$7,048,000767
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-18,0009,362
Cash dividends$20,900,000234
Sale, conversion, retirement of capital stock, net$11,000890
Net operating income$7,048,000768
1999-12-31 (YTD Data)Rank
Total interest income$18,712,0001,733
Total interest expense$12,573,0001,210
Net interest income$6,139,0002,864
Provision for loan and lease losses$-12,0009,993
Total noninterest income$77,476,000186
Gross Fiduciary activities income$76,327,00043
Service charges on deposit accounts$9,0008,692
Trading account gains and fees$0173
Additional Noninterest Income$1,140,0001,707
Total noninterest expense$60,870,000307
Salaries and employee benefits$39,980,000209
Premises and equipment expense$5,040,000462
Additional noninterest expense$15,850,000429
Pre-tax net operating income$22,757,000435
Securities gains (losses)$03,155
Applicable income taxes$9,312,000387
Income before extraordinary items$13,445,000492
Extraordinary gains, net$035
Net income$13,445,000492
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-125,00010,074
Cash dividends$5,000,000657
Sale, conversion, retirement of capital stock, net$1,088,000494
Net operating income$13,445,000485
1998-12-31 (YTD Data)Rank
Total interest income$18,669,0001,736
Total interest expense$12,450,0001,253
Net interest income$6,219,0002,761
Provision for loan and lease losses$-173,00010,367
Total noninterest income$56,724,000216
Gross Fiduciary activities income$55,651,00051
Service charges on deposit accounts$6,0008,939
Trading account gains and fees$0224
Additional Noninterest Income$1,067,0001,771
Total noninterest expense$49,302,000353
Salaries and employee benefits$31,716,000245
Premises and equipment expense$4,188,000529
Additional noninterest expense$13,398,000480
Pre-tax net operating income$13,814,000596
Securities gains (losses)$04,449
Applicable income taxes$6,099,000486
Income before extraordinary items$7,715,000740
Extraordinary gains, net$032
Net income$7,715,000741
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-152,00010,324
Cash dividends$1,000,0002,191
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$7,715,000713
1997-12-31 (YTD Data)Rank
Total interest income$16,962,0001,947
Total interest expense$10,413,0001,492
Net interest income$6,549,0002,659
Provision for loan and lease losses$-933,00010,890
Total noninterest income$32,188,000270
Gross Fiduciary activities income$30,843,00072
Service charges on deposit accounts$6,0009,358
Trading account gains and fees$0239
Additional Noninterest Income$1,339,0001,436
Total noninterest expense$25,414,000597
Salaries and employee benefits$18,695,000375
Premises and equipment expense$2,290,000872
Additional noninterest expense$4,429,0001,058
Pre-tax net operating income$14,256,000606
Securities gains (losses)$03,944
Applicable income taxes$5,611,000568
Income before extraordinary items$8,645,000662
Extraordinary gains, net$044
Net income$8,645,000662
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,513
Cash dividends$8,000,000429
Sale, conversion, retirement of capital stock, net$01,030
Net operating income$8,645,000642
1996-12-31 (YTD Data)Rank
Total interest income$11,986,0002,755
Total interest expense$6,889,0002,243
Net interest income$5,097,0003,474
Provision for loan and lease losses$541,0001,642
Total noninterest income$24,402,000337
Gross Fiduciary activities income$01,526
Service charges on deposit accounts$4,0009,831
Trading account gains and fees$0262
Additional Noninterest Income$24,398,000256
Total noninterest expense$20,931,000757
Salaries and employee benefits$15,462,000467
Premises and equipment expense$2,044,0001,036
Additional noninterest expense$3,425,0001,547
Pre-tax net operating income$8,027,000956
Securities gains (losses)$04,148
Applicable income taxes$3,106,000851
Income before extraordinary items$4,921,0001,059
Extraordinary gains, net$053
Net income$4,921,0001,060
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$08,805
Cash dividends$08,336
Sale, conversion, retirement of capital stock, net$0953
Net operating income$4,921,0001,042
1995-12-31 (YTD Data)Rank
Total interest income$10,208,0003,228
Total interest expense$4,384,0003,390
Net interest income$5,824,0003,054
Provision for loan and lease losses$746,0001,173
Total noninterest income$19,796,000400
Gross Fiduciary activities income$01,590
Service charges on deposit accounts$6,00010,236
Trading account gains and fees$0522
Additional Noninterest Income$19,790,000282
Total noninterest expense$21,365,000751
Salaries and employee benefits$13,198,000543
Premises and equipment expense$2,071,0001,036
Additional noninterest expense$6,096,000958
Pre-tax net operating income$3,509,0002,095
Securities gains (losses)$23,0001,804
Applicable income taxes$1,399,0001,756
Income before extraordinary items$2,133,0002,366
Extraordinary gains, net$065
Net income$2,133,0002,364
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$59,0004,829
Cash dividends$08,717
Sale, conversion, retirement of capital stock, net$0809
Net operating income$2,118,2802,354
1994-12-31 (YTD Data)Rank
Total interest income$7,360,0004,040
Total interest expense$2,592,0004,498
Net interest income$4,768,0003,725
Provision for loan and lease losses$423,0001,744
Total noninterest income$17,673,000404
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$6,00010,784
Trading account gains and feesNANA
Additional Noninterest Income$17,667,000298
Total noninterest expense$18,515,000859
Salaries and employee benefits$11,818,000609
Premises and equipment expense$2,090,0001,018
Additional noninterest expense$4,607,0001,260
Pre-tax net operating income$3,503,0002,037
Securities gains (losses)$-1,0008,790
Applicable income taxes$1,409,0001,643
Income before extraordinary items$2,093,0002,317
Extraordinary gains, net$0249
Net income$2,093,0002,313
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$242,0002,200
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$5,000,000171
Net operating income$2,093,6402,343
1993-12-31 (YTD Data)Rank
Total interest income$3,613,0007,385
Total interest expense$1,501,0007,202
Net interest income$2,112,0007,402
Provision for loan and lease losses$227,0003,641
Total noninterest income$14,077,000481
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$5,00011,275
Trading account gains and feesNANA
Additional Noninterest Income$14,072,000346
Total noninterest expense$13,694,0001,149
Salaries and employee benefits$9,284,000746
Premises and equipment expense$1,177,0001,789
Additional noninterest expense$3,233,0001,799
Pre-tax net operating income$2,268,0002,957
Securities gains (losses)$07,477
Applicable income taxes$970,0002,331
Income before extraordinary items$1,298,0003,715
Extraordinary gains, net$03,149
Net income$1,298,0003,832
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$65,0005,491
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$1,298,0003,526
1992-12-31 (YTD Data)Rank
Total interest income$2,930,0009,109
Total interest expense$1,093,00010,004
Net interest income$1,837,0008,228
Provision for loan and lease losses$160,0005,897
Total noninterest income$12,278,000523
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$3,00011,715
Trading account gains and feesNANA
Additional Noninterest Income$12,275,000384
Total noninterest expense$11,182,0001,390
Salaries and employee benefits$7,520,000899
Premises and equipment expense$957,0002,178
Additional noninterest expense$2,705,0002,176
Pre-tax net operating income$2,773,0002,224
Securities gains (losses)$08,369
Applicable income taxes$1,108,0001,920
Income before extraordinary items$1,665,0002,773
Extraordinary gains, net$-138,00013,692
Net income$1,527,0003,059
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$48,0007,638
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$1,665,0002,558

* 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.