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West Essex Bank, FSB, Income and Expense

2003-06-30 (YTD Data)		Rank
Total interest income	$8,833,000	1,665
Total interest expense	$4,532,000	1,061
Net interest income	$4,301,000	2,265
Provision for loan and lease losses	$0	7,324
Total noninterest income	$409,000	4,189
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	150
Additional Noninterest Income	$409,000	2,766
Total noninterest expense	$13,325,000	640
Salaries and employee benefits	$2,125,000	2,004
Premises and equipment expense	$810,000	1,419
Additional noninterest expense	$10,390,000	329
Pre-tax net operating income	$-8,615,000	9,261
Securities gains (losses)	$0	3,782
Applicable income taxes	$-1,537,000	9,251
Income before extraordinary items	$-7,078,000	9,259
Extraordinary gains, net	$0	30
Net income	$-7,078,000	9,259
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,535
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$-7,078,000	9,250
2003-03-31 (YTD Data)		Rank
Total interest income	$4,680,000	1,586
Total interest expense	$2,354,000	1,043
Net interest income	$2,326,000	2,102
Provision for loan and lease losses	$0	6,934
Total noninterest income	$220,000	3,927
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	134
Additional Noninterest Income	$220,000	2,555
Total noninterest expense	$1,680,000	2,318
Salaries and employee benefits	$971,000	2,175
Premises and equipment expense	$413,000	1,406
Additional noninterest expense	$296,000	3,686
Pre-tax net operating income	$866,000	2,313
Securities gains (losses)	$0	2,891
Applicable income taxes	$317,000	1,976
Income before extraordinary items	$549,000	2,741
Extraordinary gains, net	$0	21
Net income	$549,000	2,738
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	5,539
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$549,000	2,603
2002-12-31 (YTD Data)		Rank
Total interest income	$21,827,000	1,411
Total interest expense	$10,798,000	1,032
Net interest income	$11,029,000	1,751
Provision for loan and lease losses	$0	8,089
Total noninterest income	$854,000	3,838
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	153
Additional Noninterest Income	$854,000	2,402
Total noninterest expense	$8,763,000	1,729
Salaries and employee benefits	$5,249,000	1,545
Premises and equipment expense	$1,588,000	1,383
Additional noninterest expense	$1,926,000	2,391
Pre-tax net operating income	$3,120,000	2,417
Securities gains (losses)	$0	4,537
Applicable income taxes	$1,253,000	1,886
Income before extraordinary items	$1,867,000	2,951
Extraordinary gains, net	$0	70
Net income	$1,867,000	2,949
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,632
Cash dividends	$1,039,000	2,172
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$1,867,000	2,863
2001-12-31 (YTD Data)		Rank
Total interest income	$23,164,000	1,471
Total interest expense	$13,002,000	1,243
Net interest income	$10,162,000	1,757
Provision for loan and lease losses	$0	8,228
Total noninterest income	$863,000	3,663
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	177
Additional Noninterest Income	$863,000	2,269
Total noninterest expense	$6,530,000	2,208
Salaries and employee benefits	$3,782,000	1,986
Premises and equipment expense	$1,477,000	1,462
Additional noninterest expense	$1,271,000	3,316
Pre-tax net operating income	$4,495,000	1,597
Securities gains (losses)	$47,000	2,415
Applicable income taxes	$1,560,000	1,448
Income before extraordinary items	$2,982,000	1,764
Extraordinary gains, net	$0	105
Net income	$2,982,000	1,764
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,777
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$2,950,980	1,710
2000-12-31 (YTD Data)		Rank
Total interest income	$23,848,000	1,455
Total interest expense	$13,507,000	1,293
Net interest income	$10,341,000	1,705
Provision for loan and lease losses	$0	8,337
Total noninterest income	$757,000	3,790
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	180
Additional Noninterest Income	$757,000	2,227
Total noninterest expense	$6,487,000	2,120
Salaries and employee benefits	$3,484,000	2,042
Premises and equipment expense	$1,562,000	1,310
Additional noninterest expense	$1,441,000	2,919
Pre-tax net operating income	$4,611,000	1,601
Securities gains (losses)	$15,000	1,035
Applicable income taxes	$1,615,000	1,414
Income before extraordinary items	$3,011,000	1,752
Extraordinary gains, net	$0	38
Net income	$3,011,000	1,752
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,622
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$3,001,250	1,749
1999-12-31 (YTD Data)		Rank
Total interest income	$22,424,000	1,453
Total interest expense	$12,100,000	1,252
Net interest income	$10,324,000	1,688
Provision for loan and lease losses	$0	8,503
Total noninterest income	$703,000	3,984
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	173
Additional Noninterest Income	$703,000	2,374
Total noninterest expense	$6,698,000	2,032
Salaries and employee benefits	$3,450,000	2,034
Premises and equipment expense	$1,546,000	1,312
Additional noninterest expense	$1,702,000	2,538
Pre-tax net operating income	$4,329,000	1,733
Securities gains (losses)	$22,000	1,340
Applicable income taxes	$1,528,000	1,577
Income before extraordinary items	$2,823,000	1,878
Extraordinary gains, net	$0	35
Net income	$2,823,000	1,879
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$317,000	1,735
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$2,808,700	1,858
1998-12-31 (YTD Data)		Rank
Total interest income	$21,153,000	1,523
Total interest expense	$12,253,000	1,273
Net interest income	$8,900,000	1,931
Provision for loan and lease losses	$0	8,652
Total noninterest income	$681,000	4,064
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	224
Additional Noninterest Income	$681,000	2,443
Total noninterest expense	$6,665,000	1,965
Salaries and employee benefits	$3,281,000	2,061
Premises and equipment expense	$1,509,000	1,276
Additional noninterest expense	$1,875,000	2,232
Pre-tax net operating income	$2,916,000	2,445
Securities gains (losses)	$0	4,449
Applicable income taxes	$1,035,000	2,249
Income before extraordinary items	$1,881,000	2,704
Extraordinary gains, net	$0	32
Net income	$1,881,000	2,705
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$18,000	6,450
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$7,219,000	163
Net operating income	$1,881,000	2,628
1997-12-31 (YTD Data)		Rank
Total interest income	$18,041,000	1,833
Total interest expense	$9,660,000	1,601
Net interest income	$8,381,000	2,081
Provision for loan and lease losses	$1,110,000	907
Total noninterest income	$500,000	4,998
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	239
Additional Noninterest Income	$500,000	2,823
Total noninterest expense	$6,830,000	1,891
Salaries and employee benefits	$3,044,000	2,174
Premises and equipment expense	$1,153,000	1,695
Additional noninterest expense	$2,633,000	1,623
Pre-tax net operating income	$941,000	6,014
Securities gains (losses)	$-20,000	10,368
Applicable income taxes	$344,000	5,367
Income before extraordinary items	$577,000	6,493
Extraordinary gains, net	$0	44
Net income	$577,000	6,495
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$253,000	2,195
Cash dividends	$0	7,871
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$589,800	6,377
1996-12-31 (YTD Data)		Rank
Total interest income	$16,420,000	2,058
Total interest expense	$8,305,000	1,892
Net interest income	$8,115,000	2,216
Provision for loan and lease losses	$712,000	1,308
Total noninterest income	$498,000	5,169
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	262
Additional Noninterest Income	$498,000	2,931
Total noninterest expense	$5,947,000	2,312
Salaries and employee benefits	$2,785,000	2,383
Premises and equipment expense	$1,064,000	1,894
Additional noninterest expense	$2,098,000	2,350
Pre-tax net operating income	$1,954,000	3,469
Securities gains (losses)	$103,000	948
Applicable income taxes	$673,000	3,264
Income before extraordinary items	$1,384,000	3,441
Extraordinary gains, net	$0	53
Net income	$1,384,000	3,440
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-132,000	11,271
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$1,314,990	3,549
1995-12-31 (YTD Data)		Rank
Total interest income	$15,690,000	2,149
Total interest expense	$7,624,000	2,055
Net interest income	$8,066,000	2,234
Provision for loan and lease losses	$318,000	2,200
Total noninterest income	$472,000	5,391
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	522
Additional Noninterest Income	$472,000	2,984
Total noninterest expense	$4,491,000	2,995
Salaries and employee benefits	$2,620,000	2,545
Premises and equipment expense	$988,000	2,036
Additional noninterest expense	$883,000	4,849
Pre-tax net operating income	$3,729,000	1,974
Securities gains (losses)	$-22,000	10,616
Applicable income taxes	$1,291,000	1,888
Income before extraordinary items	$2,416,000	2,086
Extraordinary gains, net	$0	65
Net income	$2,416,000	2,084
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$981,000	890
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	NA	NA
Net operating income	$2,430,300	2,040
1994-12-31 (YTD Data)		Rank
Total interest income	$13,144,000	2,318
Total interest expense	$5,121,000	2,408
Net interest income	$8,023,000	2,252
Provision for loan and lease losses	$132,000	3,859
Total noninterest income	$279,000	7,533
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	475
Additional Noninterest Income	$279,000	4,304
Total noninterest expense	$4,399,000	3,128
Salaries and employee benefits	$2,493,000	2,670
Premises and equipment expense	$1,014,000	2,005
Additional noninterest expense	$892,000	5,215
Pre-tax net operating income	$3,771,000	1,884
Securities gains (losses)	$-56,000	11,122
Applicable income taxes	$1,428,000	1,622
Income before extraordinary items	$2,287,000	2,131
Extraordinary gains, net	$0	249
Net income	$2,287,000	2,129
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$290,000	1,948
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$2,322,840	2,122
1993-12-31 (YTD Data)		Rank
Total interest income	$13,678,000	2,272
Total interest expense	$5,881,000	2,205
Net interest income	$7,797,000	2,299
Provision for loan and lease losses	$1,138,000	1,193
Total noninterest income	$1,020,000	3,286
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	532
Additional Noninterest Income	$1,020,000	2,009
Total noninterest expense	$4,242,000	3,305
Salaries and employee benefits	$2,407,000	2,753
Premises and equipment expense	$1,022,000	2,007
Additional noninterest expense	$813,000	5,848
Pre-tax net operating income	$3,437,000	1,983
Securities gains (losses)	$0	7,477
Applicable income taxes	$126,000	9,172
Income before extraordinary items	$3,311,000	1,538
Extraordinary gains, net	$0	3,149
Net income	$3,311,000	1,589
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,081,000	1,096
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$3,311,000	1,447
1992-12-31 (YTD Data)		Rank
Total interest income	$15,257,000	2,304
Total interest expense	$8,382,000	2,039
Net interest income	$6,875,000	2,642
Provision for loan and lease losses	$99,000	7,328
Total noninterest income	$583,000	5,066
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	NA	NA
Trading account gains and fees	$0	504
Additional Noninterest Income	$583,000	2,883
Total noninterest expense	$4,241,000	3,326
Salaries and employee benefits	$2,377,000	2,730
Premises and equipment expense	$1,009,000	2,074
Additional noninterest expense	$855,000	5,765
Pre-tax net operating income	$3,118,000	1,992
Securities gains (losses)	$0	8,369
Applicable income taxes	$1,099,000	1,937
Income before extraordinary items	$2,019,000	2,272
Extraordinary gains, net	$0	1,422
Net income	$2,019,000	2,304
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$428,000	2,713
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$2,019,000	2,094

* 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.