Home > West Newton Savings Bank > Income and Expense
West Newton Savings Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $16,038,000 | 1,955 |
| Total interest expense | $7,313,000 | 1,790 |
| Net interest income | $8,725,000 | 2,063 |
| Provision for loan and lease losses | $380,000 | 2,540 |
| Total noninterest income | $409,000 | 6,386 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $231,000 | 5,403 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $178,000 | 6,023 |
| Total noninterest expense | $5,502,000 | 2,608 |
| Salaries and employee benefits | $3,134,000 | 2,113 |
| Premises and equipment expense | $597,000 | 3,345 |
| Additional noninterest expense | $1,771,000 | 3,025 |
| Pre-tax net operating income | $3,252,000 | 2,099 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $1,334,000 | 1,746 |
| Income before extraordinary items | $1,918,000 | 2,624 |
| Extraordinary gains, net | $762,000 | 303 |
| Net income | $2,680,000 | 1,925 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $218,000 | 2,971 |
| Cash dividends | $548,000 | 2,871 |
| Sale, conversion, retirement of capital stock, net | $14,000 | 1,115 |
| Net operating income | $1,918,000 | 2,464 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $18,079,000 | 1,966 |
| Total interest expense | $9,390,000 | 1,807 |
| Net interest income | $8,689,000 | 2,100 |
| Provision for loan and lease losses | $1,775,000 | 1,255 |
| Total noninterest income | $493,000 | 5,698 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $226,000 | 5,500 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $267,000 | 4,754 |
| Total noninterest expense | $7,106,000 | 2,078 |
| Salaries and employee benefits | $2,651,000 | 2,437 |
| Premises and equipment expense | $685,000 | 2,973 |
| Additional noninterest expense | $3,770,000 | 1,664 |
| Pre-tax net operating income | $301,000 | 10,129 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $-584,000 | 13,772 |
| Income before extraordinary items | $885,000 | 4,990 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $885,000 | 5,039 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,044,000 | 947 |
| Cash dividends | $308,000 | 3,937 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $885,000 | 4,684 |
* 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.