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Tolland Bank, Income and Expense

2004-03-31 (YTD Data)		Rank
Total interest income	$5,032,000	1,383
Total interest expense	$2,018,000	995
Net interest income	$3,014,000	1,657
Provision for loan and lease losses	$118,000	1,889
Total noninterest income	$486,000	2,198
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$222,000	1,899
Trading account gains and fees	$0	121
Additional Noninterest Income	$264,000	2,046
Total noninterest expense	$9,955,000	457
Salaries and employee benefits	$8,490,000	279
Premises and equipment expense	$339,000	1,714
Additional noninterest expense	$1,126,000	1,085
Pre-tax net operating income	$-6,573,000	9,118
Securities gains (losses)	$-130,000	9,075
Applicable income taxes	$-2,332,000	9,108
Income before extraordinary items	$-4,371,000	9,108
Extraordinary gains, net	$0	16
Net income	$-4,371,000	9,109
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-57,000	8,879
Cash dividends	$500,000	1,176
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$-4,286,500	9,102
2003-12-31 (YTD Data)		Rank
Total interest income	$22,134,000	1,282
Total interest expense	$8,639,000	1,035
Net interest income	$13,495,000	1,437
Provision for loan and lease losses	$103,000	5,271
Total noninterest income	$3,229,000	1,589
Gross Fiduciary activities income	$0	1,641
Service charges on deposit accounts	$972,000	1,775
Trading account gains and fees	$0	160
Additional Noninterest Income	$2,257,000	1,345
Total noninterest expense	$10,776,000	1,485
Salaries and employee benefits	$6,458,000	1,333
Premises and equipment expense	$1,058,000	2,149
Additional noninterest expense	$3,260,000	1,516
Pre-tax net operating income	$5,845,000	1,411
Securities gains (losses)	$-659,000	9,141
Applicable income taxes	$1,552,000	1,577
Income before extraordinary items	$3,634,000	1,711
Extraordinary gains, net	$0	54
Net income	$3,634,000	1,713
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-22,000	8,770
Cash dividends	$1,657,000	1,617
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$4,095,300	1,462
2003-09-30 (YTD Data)		Rank
Total interest income	$16,721,000	1,300
Total interest expense	$6,649,000	1,049
Net interest income	$10,072,000	1,462
Provision for loan and lease losses	$65,000	5,417
Total noninterest income	$2,629,000	1,525
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$741,000	1,747
Trading account gains and fees	$0	153
Additional Noninterest Income	$1,888,000	1,290
Total noninterest expense	$7,970,000	1,514
Salaries and employee benefits	$4,795,000	1,364
Premises and equipment expense	$842,000	2,042
Additional noninterest expense	$2,333,000	1,575
Pre-tax net operating income	$4,666,000	1,388
Securities gains (losses)	$-507,000	9,193
Applicable income taxes	$1,207,000	1,603
Income before extraordinary items	$2,952,000	1,629
Extraordinary gains, net	$0	40
Net income	$2,952,000	1,629
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-5,000	8,344
Cash dividends	$1,657,000	1,174
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$3,311,970	1,408
2003-06-30 (YTD Data)		Rank
Total interest income	$11,316,000	1,293
Total interest expense	$4,524,000	1,063
Net interest income	$6,792,000	1,441
Provision for loan and lease losses	$51,000	5,095
Total noninterest income	$1,839,000	1,456
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$495,000	1,712
Trading account gains and fees	$0	150
Additional Noninterest Income	$1,344,000	1,226
Total noninterest expense	$5,306,000	1,510
Salaries and employee benefits	$3,236,000	1,345
Premises and equipment expense	$568,000	2,014
Additional noninterest expense	$1,502,000	1,616
Pre-tax net operating income	$3,274,000	1,308
Securities gains (losses)	$-66,000	9,173
Applicable income taxes	$1,016,000	1,355
Income before extraordinary items	$2,192,000	1,497
Extraordinary gains, net	$0	30
Net income	$2,192,000	1,496
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,000	6,334
Cash dividends	$545,000	2,029
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$2,236,880	1,377
2003-03-31 (YTD Data)		Rank
Total interest income	$5,760,000	1,284
Total interest expense	$2,297,000	1,072
Net interest income	$3,463,000	1,414
Provision for loan and lease losses	$46,000	3,791
Total noninterest income	$851,000	1,502
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$244,000	1,680
Trading account gains and fees	$0	134
Additional Noninterest Income	$607,000	1,291
Total noninterest expense	$2,615,000	1,528
Salaries and employee benefits	$1,589,000	1,363
Premises and equipment expense	$298,000	1,924
Additional noninterest expense	$728,000	1,621
Pre-tax net operating income	$1,653,000	1,297
Securities gains (losses)	$-77,000	9,247
Applicable income taxes	$414,000	1,571
Income before extraordinary items	$1,162,000	1,407
Extraordinary gains, net	$0	21
Net income	$1,162,000	1,405
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$21,000	3,174
Cash dividends	$60,000	3,294
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$1,218,980	1,266
2002-12-31 (YTD Data)		Rank
Total interest income	$24,440,000	1,257
Total interest expense	$10,746,000	1,040
Net interest income	$13,694,000	1,423
Provision for loan and lease losses	$348,000	3,145
Total noninterest income	$2,382,000	1,859
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$970,000	1,663
Trading account gains and fees	$0	153
Additional Noninterest Income	$1,412,000	1,727
Total noninterest expense	$9,692,000	1,585
Salaries and employee benefits	$5,668,000	1,436
Premises and equipment expense	$1,026,000	2,130
Additional noninterest expense	$2,998,000	1,579
Pre-tax net operating income	$6,036,000	1,395
Securities gains (losses)	$103,000	1,722
Applicable income taxes	$1,876,000	1,357
Income before extraordinary items	$4,263,000	1,460
Extraordinary gains, net	$0	70
Net income	$4,263,000	1,457
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-2,000	8,528
Cash dividends	$1,013,000	2,206
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$4,191,930	1,432
2001-12-31 (YTD Data)		Rank
Total interest income	$25,769,000	1,326
Total interest expense	$12,549,000	1,299
Net interest income	$13,220,000	1,341
Provision for loan and lease losses	$325,000	3,038
Total noninterest income	$1,391,000	2,657
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$735,000	2,054
Trading account gains and fees	$0	177
Additional Noninterest Income	$656,000	2,677
Total noninterest expense	$8,651,000	1,680
Salaries and employee benefits	$4,692,000	1,600
Premises and equipment expense	$1,052,000	2,024
Additional noninterest expense	$2,907,000	1,596
Pre-tax net operating income	$5,635,000	1,310
Securities gains (losses)	$-476,000	9,576
Applicable income taxes	$1,543,000	1,462
Income before extraordinary items	$3,616,000	1,487
Extraordinary gains, net	$0	105
Net income	$3,616,000	1,490
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$25,000	6,057
Cash dividends	$1,320,000	1,836
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$3,949,200	1,324
2000-12-31 (YTD Data)		Rank
Total interest income	$24,868,000	1,402
Total interest expense	$12,145,000	1,418
Net interest income	$12,723,000	1,378
Provision for loan and lease losses	$335,000	2,649
Total noninterest income	$1,240,000	2,689
Gross Fiduciary activities income	$0	1,332
Service charges on deposit accounts	$616,000	2,233
Trading account gains and fees	$0	180
Additional Noninterest Income	$624,000	2,576
Total noninterest expense	$8,360,000	1,667
Salaries and employee benefits	$4,634,000	1,532
Premises and equipment expense	$1,007,000	2,047
Additional noninterest expense	$2,719,000	1,635
Pre-tax net operating income	$5,268,000	1,406
Securities gains (losses)	$36,000	798
Applicable income taxes	$1,532,000	1,480
Income before extraordinary items	$3,772,000	1,401
Extraordinary gains, net	$0	38
Net income	$3,772,000	1,403
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$135,000	3,051
Cash dividends	$790,000	2,696
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$3,746,440	1,401
1999-12-31 (YTD Data)		Rank
Total interest income	$21,371,000	1,529
Total interest expense	$10,503,000	1,430
Net interest income	$10,868,000	1,598
Provision for loan and lease losses	$237,000	3,218
Total noninterest income	$1,352,000	2,470
Gross Fiduciary activities income	$0	1,380
Service charges on deposit accounts	$620,000	2,141
Trading account gains and fees	$0	173
Additional Noninterest Income	$732,000	2,302
Total noninterest expense	$7,677,000	1,798
Salaries and employee benefits	$4,003,000	1,724
Premises and equipment expense	$897,000	2,267
Additional noninterest expense	$2,777,000	1,605
Pre-tax net operating income	$4,306,000	1,737
Securities gains (losses)	$75,000	844
Applicable income taxes	$1,223,000	1,887
Income before extraordinary items	$3,158,000	1,694
Extraordinary gains, net	$0	35
Net income	$3,158,000	1,695
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$97,000	3,630
Cash dividends	$665,000	2,981
Sale, conversion, retirement of capital stock, net	$3,373,000	342
Net operating income	$3,104,000	1,685
1998-12-31 (YTD Data)		Rank
Total interest income	$18,539,000	1,746
Total interest expense	$9,341,000	1,650
Net interest income	$9,198,000	1,857
Provision for loan and lease losses	$179,000	3,823
Total noninterest income	$1,221,000	2,646
Gross Fiduciary activities income	$0	1,398
Service charges on deposit accounts	$541,000	2,379
Trading account gains and fees	$0	224
Additional Noninterest Income	$680,000	2,445
Total noninterest expense	$7,144,000	1,821
Salaries and employee benefits	$3,632,000	1,843
Premises and equipment expense	$847,000	2,301
Additional noninterest expense	$2,665,000	1,616
Pre-tax net operating income	$3,096,000	2,306
Securities gains (losses)	$1,204,000	339
Applicable income taxes	$1,520,000	1,601
Income before extraordinary items	$2,780,000	1,884
Extraordinary gains, net	$0	32
Net income	$2,780,000	1,884
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$119,000	3,342
Cash dividends	$3,490,000	872
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$1,997,400	2,481
1997-12-31 (YTD Data)		Rank
Total interest income	$16,815,000	1,958
Total interest expense	$8,751,000	1,774
Net interest income	$8,064,000	2,179
Provision for loan and lease losses	$829,000	1,147
Total noninterest income	$1,257,000	2,527
Gross Fiduciary activities income	$0	1,450
Service charges on deposit accounts	$529,000	2,476
Trading account gains and fees	$0	239
Additional Noninterest Income	$728,000	2,173
Total noninterest expense	$6,727,000	1,917
Salaries and employee benefits	$3,199,000	2,059
Premises and equipment expense	$869,000	2,265
Additional noninterest expense	$2,659,000	1,607
Pre-tax net operating income	$1,765,000	3,914
Securities gains (losses)	$961,000	288
Applicable income taxes	$686,000	3,285
Income before extraordinary items	$2,040,000	2,538
Extraordinary gains, net	$0	44
Net income	$2,040,000	2,537
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$679,000	1,052
Cash dividends	$463,000	3,651
Sale, conversion, retirement of capital stock, net	$559,000	524
Net operating income	$1,319,250	3,684
1996-12-31 (YTD Data)		Rank
Total interest income	$16,057,000	2,099
Total interest expense	$8,309,000	1,890
Net interest income	$7,748,000	2,326
Provision for loan and lease losses	$978,000	1,049
Total noninterest income	$1,412,000	2,402
Gross Fiduciary activities income	$0	1,526
Service charges on deposit accounts	$510,000	2,679
Trading account gains and fees	$0	262
Additional Noninterest Income	$902,000	1,944
Total noninterest expense	$6,821,000	2,043
Salaries and employee benefits	$3,253,000	2,033
Premises and equipment expense	$882,000	2,249
Additional noninterest expense	$2,686,000	1,900
Pre-tax net operating income	$1,361,000	4,677
Securities gains (losses)	$-41,000	10,965
Applicable income taxes	$-118,000	11,196
Income before extraordinary items	$1,438,000	3,328
Extraordinary gains, net	$0	53
Net income	$1,438,000	3,327
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$468,000	1,504
Cash dividends	$35,000	7,786
Sale, conversion, retirement of capital stock, net	$138,000	625
Net operating income	$1,479,000	3,190
1995-12-31 (YTD Data)		Rank
Total interest income	$15,130,000	2,228
Total interest expense	$7,675,000	2,040
Net interest income	$7,455,000	2,414
Provision for loan and lease losses	$1,975,000	585
Total noninterest income	$1,231,000	2,660
Gross Fiduciary activities income	$0	1,590
Service charges on deposit accounts	$503,000	2,711
Trading account gains and fees	$0	522
Additional Noninterest Income	$728,000	2,239
Total noninterest expense	$7,866,000	1,774
Salaries and employee benefits	$3,444,000	1,924
Premises and equipment expense	$872,000	2,301
Additional noninterest expense	$3,550,000	1,467
Pre-tax net operating income	$-1,155,000	11,885
Securities gains (losses)	$22,000	1,840
Applicable income taxes	$12,000	10,895
Income before extraordinary items	$-1,145,000	11,871
Extraordinary gains, net	$0	65
Net income	$-1,145,000	11,870
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,725,000	629
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$-1,167,000	11,868
1994-12-31 (YTD Data)		Rank
Total interest income	$12,305,000	2,468
Total interest expense	$5,236,000	2,358
Net interest income	$7,069,000	2,549
Provision for loan and lease losses	$639,000	1,282
Total noninterest income	$1,069,000	2,965
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$487,000	2,830
Trading account gains and fees	$0	475
Additional Noninterest Income	$582,000	2,646
Total noninterest expense	$6,968,000	2,051
Salaries and employee benefits	$3,181,000	2,078
Premises and equipment expense	$932,000	2,168
Additional noninterest expense	$2,855,000	1,892
Pre-tax net operating income	$531,000	8,447
Securities gains (losses)	$-16,000	10,174
Applicable income taxes	$61,000	10,200
Income before extraordinary items	$454,000	7,665
Extraordinary gains, net	$0	249
Net income	$454,000	7,676
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$619,000	1,182
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$468,080	7,594
1993-12-31 (YTD Data)		Rank
Total interest income	$12,614,000	2,440
Total interest expense	$5,596,000	2,314
Net interest income	$7,018,000	2,569
Provision for loan and lease losses	$191,000	4,030
Total noninterest income	$1,004,000	3,328
Gross Fiduciary activities income	$0	1,630
Service charges on deposit accounts	$483,000	2,895
Trading account gains and fees	$48,000	328
Additional Noninterest Income	$473,000	3,381
Total noninterest expense	$7,559,000	1,953
Salaries and employee benefits	$3,075,000	2,162
Premises and equipment expense	$935,000	2,192
Additional noninterest expense	$3,549,000	1,666
Pre-tax net operating income	$272,000	10,456
Securities gains (losses)	$66,000	3,051
Applicable income taxes	$94,000	9,895
Income before extraordinary items	$244,000	10,115
Extraordinary gains, net	$189,000	1,057
Net income	$433,000	8,284
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$221,000	2,945
Cash dividends	$0	9,081
Sale, conversion, retirement of capital stock, net	$57,000	970
Net operating income	$196,480	10,480
1992-12-31 (YTD Data)		Rank
Total interest income	$14,683,000	2,395
Total interest expense	$7,147,000	2,355
Net interest income	$7,536,000	2,404
Provision for loan and lease losses	$1,245,000	1,599
Total noninterest income	$683,000	4,491
Gross Fiduciary activities income	$0	1,658
Service charges on deposit accounts	$519,000	2,666
Trading account gains and fees	$-63,000	5,255
Additional Noninterest Income	$227,000	5,269
Total noninterest expense	$6,943,000	2,121
Salaries and employee benefits	$2,911,000	2,235
Premises and equipment expense	$934,000	2,227
Additional noninterest expense	$3,098,000	1,954
Pre-tax net operating income	$31,000	12,528
Securities gains (losses)	$258,000	1,680
Applicable income taxes	$106,000	9,741
Income before extraordinary items	$183,000	10,829
Extraordinary gains, net	$0	1,422
Net income	$183,000	10,934
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,360,000	1,281
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$17,880	12,554

* 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.