Home > Wachovia Bank of South Carolina > Income and Expense

Wachovia Bank of South Carolina, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$483,443,000	135
Total interest expense	$244,691,000	128
Net interest income	$238,752,000	133
Provision for loan and lease losses	$-30,972,000	11,450
Total noninterest income	$125,356,000	127
Gross Fiduciary activities income	$22,712,000	90
Service charges on deposit accounts	$48,915,000	68
Trading account gains and fees	$1,372,000	92
Additional Noninterest Income	$52,357,000	166
Total noninterest expense	$234,777,000	133
Salaries and employee benefits	$82,014,000	128
Premises and equipment expense	$29,415,000	117
Additional noninterest expense	$123,348,000	123
Pre-tax net operating income	$160,303,000	100
Securities gains (losses)	$231,000	645
Applicable income taxes	$54,196,000	106
Income before extraordinary items	$106,338,000	100
Extraordinary gains, net	$0	53
Net income	$106,338,000	100
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-652,000	11,426
Cash dividends	$160,200,000	48
Sale, conversion, retirement of capital stock, net	$311,000	521
Net operating income	$106,185,540	99
1995-12-31 (YTD Data)		Rank
Total interest income	$462,278,000	137
Total interest expense	$241,284,000	127
Net interest income	$220,994,000	143
Provision for loan and lease losses	$-8,553,000	11,954
Total noninterest income	$109,509,000	135
Gross Fiduciary activities income	$22,763,000	92
Service charges on deposit accounts	$38,662,000	81
Trading account gains and fees	$1,606,000	107
Additional Noninterest Income	$46,478,000	166
Total noninterest expense	$249,252,000	124
Salaries and employee benefits	$82,730,000	125
Premises and equipment expense	$29,042,000	122
Additional noninterest expense	$137,480,000	99
Pre-tax net operating income	$89,804,000	164
Securities gains (losses)	$-5,646,000	11,946
Applicable income taxes	$26,795,000	185
Income before extraordinary items	$57,363,000	170
Extraordinary gains, net	$0	65
Net income	$57,363,000	169
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-325,000	11,907
Cash dividends	$25,250,000	212
Sale, conversion, retirement of capital stock, net	$219,000	471
Net operating income	$61,202,280	161
1994-12-31 (YTD Data)		Rank
Total interest income	$367,124,000	148
Total interest expense	$159,560,000	144
Net interest income	$207,564,000	148
Provision for loan and lease losses	$-47,373,000	12,603
Total noninterest income	$97,815,000	146
Gross Fiduciary activities income	$21,507,000	97
Service charges on deposit accounts	$36,111,000	83
Trading account gains and fees	$1,245,000	108
Additional Noninterest Income	$38,952,000	185
Total noninterest expense	$229,824,000	121
Salaries and employee benefits	$84,084,000	126
Premises and equipment expense	$28,426,000	123
Additional noninterest expense	$117,314,000	113
Pre-tax net operating income	$122,928,000	115
Securities gains (losses)	$22,000	1,687
Applicable income taxes	$38,463,000	123
Income before extraordinary items	$84,487,000	113
Extraordinary gains, net	$0	249
Net income	$84,487,000	113
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-190,000	12,404
Cash dividends	$35,580,000	149
Sale, conversion, retirement of capital stock, net	$101,000	803
Net operating income	$84,471,820	112
1993-12-31 (YTD Data)		Rank
Total interest income	$363,300,000	132
Total interest expense	$160,476,000	118
Net interest income	$202,824,000	139
Provision for loan and lease losses	$-20,000,000	13,280
Total noninterest income	$101,372,000	128
Gross Fiduciary activities income	$21,546,000	93
Service charges on deposit accounts	$38,023,000	76
Trading account gains and fees	$2,152,000	100
Additional Noninterest Income	$39,651,000	163
Total noninterest expense	$241,480,000	112
Salaries and employee benefits	$92,073,000	109
Premises and equipment expense	$27,881,000	123
Additional noninterest expense	$121,526,000	104
Pre-tax net operating income	$82,716,000	146
Securities gains (losses)	$1,348,000	425
Applicable income taxes	$22,774,000	160
Income before extraordinary items	$61,290,000	142
Extraordinary gains, net	$-3,417,000	13,252
Net income	$57,873,000	150
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,307,000	344
Cash dividends	$5,820,000	423
Sale, conversion, retirement of capital stock, net	$147,000	827
Net operating income	$60,305,960	142
1992-12-31 (YTD Data)		Rank
Total interest income	$430,652,000	119
Total interest expense	$211,334,000	112
Net interest income	$219,318,000	118
Provision for loan and lease losses	$16,131,000	249
Total noninterest income	$94,343,000	126
Gross Fiduciary activities income	$20,619,000	91
Service charges on deposit accounts	$35,874,000	72
Trading account gains and fees	$1,931,000	112
Additional Noninterest Income	$35,919,000	169
Total noninterest expense	$222,840,000	111
Salaries and employee benefits	$113,129,000	84
Premises and equipment expense	$34,814,000	93
Additional noninterest expense	$74,897,000	156
Pre-tax net operating income	$74,690,000	114
Securities gains (losses)	$272,000	1,628
Applicable income taxes	$20,322,000	144
Income before extraordinary items	$54,640,000	119
Extraordinary gains, net	$0	1,422
Net income	$54,640,000	122
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$19,511,000	215
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$29,000	986
Net operating income	$54,441,440	107

* 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.