Home > The Savings Bank of Manchester > Income and Expense
The Savings Bank of Manchester, Income and Expense
| 2004-03-31 (YTD Data) | Rank | |
| Total interest income | $30,468,000 | 281 |
| Total interest expense | $11,116,000 | 228 |
| Net interest income | $19,352,000 | 301 |
| Provision for loan and lease losses | $300,000 | 782 |
| Total noninterest income | $4,722,000 | 408 |
| Gross Fiduciary activities income | $0 | 1,441 |
| Service charges on deposit accounts | $2,286,000 | 196 |
| Trading account gains and fees | $0 | 121 |
| Additional Noninterest Income | $2,436,000 | 419 |
| Total noninterest expense | $64,293,000 | 122 |
| Salaries and employee benefits | $22,784,000 | 131 |
| Premises and equipment expense | $1,904,000 | 319 |
| Additional noninterest expense | $39,605,000 | 90 |
| Pre-tax net operating income | $-40,519,000 | 9,126 |
| Securities gains (losses) | $-71,000 | 9,053 |
| Applicable income taxes | $-7,626,000 | 9,111 |
| Income before extraordinary items | $-32,964,000 | 9,115 |
| Extraordinary gains, net | $0 | 16 |
| Net income | $-32,964,000 | 9,116 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-305,000 | 9,075 |
| Cash dividends | $0 | 3,841 |
| Sale, conversion, retirement of capital stock, net | $0 | 464 |
| Net operating income | $-32,906,490 | 9,114 |
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $129,931,000 | 267 |
| Total interest expense | $48,108,000 | 225 |
| Net interest income | $81,823,000 | 281 |
| Provision for loan and lease losses | $1,275,000 | 923 |
| Total noninterest income | $18,399,000 | 427 |
| Gross Fiduciary activities income | $0 | 1,641 |
| Service charges on deposit accounts | $9,436,000 | 193 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $8,963,000 | 489 |
| Total noninterest expense | $52,516,000 | 354 |
| Salaries and employee benefits | $30,272,000 | 304 |
| Premises and equipment expense | $7,183,000 | 344 |
| Additional noninterest expense | $15,061,000 | 404 |
| Pre-tax net operating income | $46,431,000 | 257 |
| Securities gains (losses) | $5,259,000 | 155 |
| Applicable income taxes | $17,751,000 | 250 |
| Income before extraordinary items | $33,939,000 | 258 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $33,939,000 | 260 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $904,000 | 1,001 |
| Cash dividends | $0 | 6,283 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $30,468,060 | 262 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $98,662,000 | 270 |
| Total interest expense | $36,662,000 | 232 |
| Net interest income | $62,000,000 | 289 |
| Provision for loan and lease losses | $975,000 | 920 |
| Total noninterest income | $13,627,000 | 449 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $6,959,000 | 204 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $6,668,000 | 518 |
| Total noninterest expense | $38,837,000 | 365 |
| Salaries and employee benefits | $21,774,000 | 321 |
| Premises and equipment expense | $5,419,000 | 346 |
| Additional noninterest expense | $11,644,000 | 410 |
| Pre-tax net operating income | $35,815,000 | 261 |
| Securities gains (losses) | $5,194,000 | 158 |
| Applicable income taxes | $13,611,000 | 255 |
| Income before extraordinary items | $27,398,000 | 255 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $27,398,000 | 256 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $660,000 | 945 |
| Cash dividends | $0 | 5,519 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $23,918,020 | 259 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $66,699,000 | 271 |
| Total interest expense | $24,901,000 | 238 |
| Net interest income | $41,798,000 | 290 |
| Provision for loan and lease losses | $675,000 | 899 |
| Total noninterest income | $8,904,000 | 458 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $4,473,000 | 208 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $4,431,000 | 515 |
| Total noninterest expense | $25,845,000 | 371 |
| Salaries and employee benefits | $14,507,000 | 325 |
| Premises and equipment expense | $3,640,000 | 346 |
| Additional noninterest expense | $7,698,000 | 414 |
| Pre-tax net operating income | $24,182,000 | 262 |
| Securities gains (losses) | $1,245,000 | 315 |
| Applicable income taxes | $8,391,000 | 276 |
| Income before extraordinary items | $17,036,000 | 275 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $17,036,000 | 276 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $493,000 | 852 |
| Cash dividends | $0 | 5,215 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $16,201,850 | 260 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $33,749,000 | 273 |
| Total interest expense | $12,754,000 | 241 |
| Net interest income | $20,995,000 | 292 |
| Provision for loan and lease losses | $375,000 | 770 |
| Total noninterest income | $4,250,000 | 474 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $2,179,000 | 215 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $2,071,000 | 532 |
| Total noninterest expense | $12,925,000 | 371 |
| Salaries and employee benefits | $7,272,000 | 325 |
| Premises and equipment expense | $1,879,000 | 350 |
| Additional noninterest expense | $3,774,000 | 417 |
| Pre-tax net operating income | $11,945,000 | 270 |
| Securities gains (losses) | $685,000 | 285 |
| Applicable income taxes | $4,168,000 | 277 |
| Income before extraordinary items | $8,462,000 | 272 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $8,462,000 | 272 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $233,000 | 855 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $8,003,050 | 268 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $140,657,000 | 281 |
| Total interest expense | $59,907,000 | 242 |
| Net interest income | $80,750,000 | 299 |
| Provision for loan and lease losses | $1,500,000 | 941 |
| Total noninterest income | $16,423,000 | 457 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $7,637,000 | 235 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $8,786,000 | 471 |
| Total noninterest expense | $54,946,000 | 343 |
| Salaries and employee benefits | $28,067,000 | 322 |
| Premises and equipment expense | $7,759,000 | 331 |
| Additional noninterest expense | $19,120,000 | 365 |
| Pre-tax net operating income | $40,727,000 | 283 |
| Securities gains (losses) | $484,000 | 670 |
| Applicable income taxes | $13,912,000 | 291 |
| Income before extraordinary items | $27,299,000 | 297 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $27,299,000 | 297 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $556,000 | 1,537 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $26,979,560 | 286 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $115,071,000 | 356 |
| Total interest expense | $51,932,000 | 371 |
| Net interest income | $63,139,000 | 340 |
| Provision for loan and lease losses | $2,000,000 | 699 |
| Total noninterest income | $10,707,000 | 580 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $6,412,000 | 257 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $4,295,000 | 732 |
| Total noninterest expense | $46,676,000 | 385 |
| Salaries and employee benefits | $24,236,000 | 330 |
| Premises and equipment expense | $7,577,000 | 326 |
| Additional noninterest expense | $14,863,000 | 437 |
| Pre-tax net operating income | $25,170,000 | 359 |
| Securities gains (losses) | $-3,954,000 | 9,605 |
| Applicable income taxes | $6,293,000 | 468 |
| Income before extraordinary items | $14,923,000 | 402 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $14,923,000 | 401 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $640,000 | 1,300 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $17,690,800 | 351 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $94,090,000 | 426 |
| Total interest expense | $43,842,000 | 462 |
| Net interest income | $50,248,000 | 400 |
| Provision for loan and lease losses | $1,200,000 | 908 |
| Total noninterest income | $9,058,000 | 626 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $4,901,000 | 293 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $4,157,000 | 703 |
| Total noninterest expense | $39,368,000 | 417 |
| Salaries and employee benefits | $21,313,000 | 348 |
| Premises and equipment expense | $5,900,000 | 383 |
| Additional noninterest expense | $12,155,000 | 501 |
| Pre-tax net operating income | $18,738,000 | 473 |
| Securities gains (losses) | $426,000 | 284 |
| Applicable income taxes | $6,351,000 | 463 |
| Income before extraordinary items | $12,813,000 | 465 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $12,813,000 | 467 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $123,000 | 3,226 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $49,906,000 | 10 |
| Net operating income | $12,527,580 | 473 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $79,569,000 | 480 |
| Total interest expense | $37,375,000 | 477 |
| Net interest income | $42,194,000 | 474 |
| Provision for loan and lease losses | $1,100,000 | 898 |
| Total noninterest income | $7,312,000 | 738 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $3,882,000 | 361 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $3,430,000 | 819 |
| Total noninterest expense | $36,598,000 | 465 |
| Salaries and employee benefits | $19,342,000 | 395 |
| Premises and equipment expense | $6,142,000 | 380 |
| Additional noninterest expense | $11,114,000 | 559 |
| Pre-tax net operating income | $11,808,000 | 711 |
| Securities gains (losses) | $1,372,000 | 174 |
| Applicable income taxes | $4,426,000 | 650 |
| Income before extraordinary items | $8,754,000 | 689 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $8,754,000 | 688 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,068,000 | 681 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $7,848,480 | 734 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $77,576,000 | 493 |
| Total interest expense | $37,200,000 | 489 |
| Net interest income | $40,376,000 | 475 |
| Provision for loan and lease losses | $1,200,000 | 825 |
| Total noninterest income | $9,113,000 | 635 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $3,769,000 | 350 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $5,344,000 | 614 |
| Total noninterest expense | $37,384,000 | 443 |
| Salaries and employee benefits | $17,899,000 | 417 |
| Premises and equipment expense | $5,983,000 | 380 |
| Additional noninterest expense | $13,502,000 | 475 |
| Pre-tax net operating income | $10,905,000 | 725 |
| Securities gains (losses) | $2,621,000 | 197 |
| Applicable income taxes | $3,830,000 | 710 |
| Income before extraordinary items | $9,696,000 | 605 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $9,696,000 | 604 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $560,000 | 1,158 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $7,808,880 | 701 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $74,345,000 | 506 |
| Total interest expense | $35,856,000 | 511 |
| Net interest income | $38,489,000 | 501 |
| Provision for loan and lease losses | $1,200,000 | 849 |
| Total noninterest income | $7,028,000 | 729 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $3,898,000 | 348 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $3,130,000 | 820 |
| Total noninterest expense | $31,538,000 | 503 |
| Salaries and employee benefits | $15,763,000 | 442 |
| Premises and equipment expense | $5,182,000 | 426 |
| Additional noninterest expense | $10,593,000 | 566 |
| Pre-tax net operating income | $12,779,000 | 655 |
| Securities gains (losses) | $4,007,000 | 108 |
| Applicable income taxes | $6,584,000 | 500 |
| Income before extraordinary items | $10,202,000 | 593 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $10,202,000 | 593 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $386,000 | 1,641 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $7,637,520 | 721 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $70,580,000 | 562 |
| Total interest expense | $34,714,000 | 546 |
| Net interest income | $35,866,000 | 566 |
| Provision for loan and lease losses | $1,200,000 | 891 |
| Total noninterest income | $7,525,000 | 722 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $3,765,000 | 396 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $3,760,000 | 766 |
| Total noninterest expense | $27,749,000 | 599 |
| Salaries and employee benefits | $13,846,000 | 520 |
| Premises and equipment expense | $4,365,000 | 519 |
| Additional noninterest expense | $9,538,000 | 702 |
| Pre-tax net operating income | $14,442,000 | 586 |
| Securities gains (losses) | $842,000 | 296 |
| Applicable income taxes | $6,230,000 | 508 |
| Income before extraordinary items | $9,054,000 | 635 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $9,054,000 | 635 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $553,000 | 1,324 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $8,515,120 | 647 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $65,301,000 | 621 |
| Total interest expense | $32,728,000 | 612 |
| Net interest income | $32,573,000 | 629 |
| Provision for loan and lease losses | $1,550,000 | 695 |
| Total noninterest income | $5,288,000 | 919 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $3,455,000 | 445 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,833,000 | 1,193 |
| Total noninterest expense | $24,450,000 | 676 |
| Salaries and employee benefits | $11,590,000 | 603 |
| Premises and equipment expense | $3,505,000 | 653 |
| Additional noninterest expense | $9,355,000 | 717 |
| Pre-tax net operating income | $11,861,000 | 720 |
| Securities gains (losses) | $2,522,000 | 111 |
| Applicable income taxes | $5,927,000 | 546 |
| Income before extraordinary items | $8,456,000 | 692 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $8,456,000 | 692 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $757,000 | 1,069 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $6,841,920 | 815 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $55,619,000 | 644 |
| Total interest expense | $26,388,000 | 579 |
| Net interest income | $29,231,000 | 684 |
| Provision for loan and lease losses | $2,555,000 | 479 |
| Total noninterest income | $4,563,000 | 981 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $2,943,000 | 485 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,620,000 | 1,306 |
| Total noninterest expense | $23,629,000 | 707 |
| Salaries and employee benefits | $10,838,000 | 657 |
| Premises and equipment expense | $3,211,000 | 711 |
| Additional noninterest expense | $9,580,000 | 725 |
| Pre-tax net operating income | $7,610,000 | 1,007 |
| Securities gains (losses) | $317,000 | 371 |
| Applicable income taxes | $3,274,000 | 808 |
| Income before extraordinary items | $4,653,000 | 1,090 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $4,653,000 | 1,087 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,200,000 | 528 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $4,450,120 | 1,148 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $54,548,000 | 649 |
| Total interest expense | $27,405,000 | 563 |
| Net interest income | $27,143,000 | 721 |
| Provision for loan and lease losses | $3,600,000 | 536 |
| Total noninterest income | $6,164,000 | 845 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $2,554,000 | 543 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $3,610,000 | 848 |
| Total noninterest expense | $21,384,000 | 789 |
| Salaries and employee benefits | $9,761,000 | 718 |
| Premises and equipment expense | $3,360,000 | 704 |
| Additional noninterest expense | $8,263,000 | 874 |
| Pre-tax net operating income | $8,323,000 | 881 |
| Securities gains (losses) | $775,000 | 649 |
| Applicable income taxes | $3,750,000 | 690 |
| Income before extraordinary items | $5,348,000 | 968 |
| Extraordinary gains, net | $1,838,000 | 137 |
| Net income | $7,186,000 | 753 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,365,000 | 523 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $4,852,000 | 1,000 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $58,938,000 | 674 |
| Total interest expense | $32,547,000 | 624 |
| Net interest income | $26,391,000 | 758 |
| Provision for loan and lease losses | $6,610,000 | 498 |
| Total noninterest income | $4,924,000 | 991 |
| Gross Fiduciary activities income | $296,000 | 960 |
| Service charges on deposit accounts | $2,285,000 | 599 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $2,343,000 | 1,123 |
| Total noninterest expense | $18,082,000 | 924 |
| Salaries and employee benefits | $8,146,000 | 835 |
| Premises and equipment expense | $3,143,000 | 766 |
| Additional noninterest expense | $6,793,000 | 1,036 |
| Pre-tax net operating income | $6,623,000 | 977 |
| Securities gains (losses) | $912,000 | 709 |
| Applicable income taxes | $4,405,000 | 537 |
| Income before extraordinary items | $3,130,000 | 1,491 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $3,130,000 | 1,499 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,990,000 | 736 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,546,320 | 1,649 |
* 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.