FRB: Profits and Balance Sheet Developments at U.S. Commercial Banks in 2005, Table A.2.

A.2. Report of income, all U.S. banks, 1996-2005
Item	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005
Millions of dollars
Gross interest income	313,696	338,865	359,675	366,137	423,839	404,406	350,040	329,757	350,028	428,064
Taxable equivalent	316,156	341,298	362,140	368,764	426,476	407,093	352,788	332,540	353,011	431,015
Loans	239,850	256,141	271,441	278,537	326,800	311,664	269,828	258,130	269,704	328,405
Securities	50,631	52,660	56,598	62,116	67,665	63,089	59,316	53,315	58,588	65,883
Gross federal funds sold and reverse repurchase agreements	9,272	13,658	14,999	12,330	13,546	12,649	6,223	5,122	5,245	11,012
Other	13,944	16,406	16,637	13,155	15,829	17,006	14,672	13,189	16,490	22,764

Gross interest expense	150,249	164,692	178,161	174,946	222,159	188,799	118,920	94,471	99,261	162,488
Deposits	107,512	117,350	125,217	119,665	151,145	132,352	81,899	62,753	64,001	105,731
Gross federal funds purchased and repurchase agreements	16,780	20,439	22,182	21,130	26,860	19,590	9,920	7,590	9,203	19,345
Other	25,956	26,903	30,760	34,149	44,155	36,854	27,101	24,128	26,057	37,411

Net interest income	163,447	174,173	181,514	191,191	201,680	215,607	231,120	235,286	250,767	265,576
Taxable equivalent	165,907	176,606	183,979	193,818	204,317	218,294	233,868	238,069	253,750	268,527

Loss provisions	16,395	19,402	21,427	21,186	29,386	43,238	45,278	32,767	23,895	25,581

Non-interest income	95,313	105,640	123,668	144,429	153,163	160,925	168,484	183,614	188,216	200,578
Service charges on deposits	17,050	18,558	19,769	21,497	23,719	26,873	29,631	31,693	33,459	33,880
Fiduciary activities	14,296	16,584	19,268	20,502	22,220	21,989	21,404	22,456	25,102	26,390
Trading revenue	7,525	8,018	7,693	10,429	12,235	12,382	10,735	11,446	9,954	14,355
Other	56,444	62,480	76,939	92,001	94,988	99,679	106,717	118,019	119,702	125,953

Non-interest expense	162,581	171,060	193,833	204,632	216,432	226,027	230,292	243,306	263,364	274,150
Salaries, wages, and employee benefits	67,826	72,346	79,538	86,151	89,036	94,209	100,455	108,471	115,281	124,072
Occupancy	20,892	22,080	24,164	25,865	26,765	27,945	29,316	31,318	33,258	35,053
Other	73,865	76,634	90,129	92,616	100,631	103,875	100,520	103,516	114,825	115,025

Net non-interest expense	67,268	65,420	70,165	60,203	63,269	65,102	61,808	59,692	75,148	73,572

Gains on investment account securities	1,123	1,825	3,090	250	-2,280	4,625	6,411	5,633	3,792	-220

Income before taxes	80,908	91,177	93,016	110,055	106,744	111,891	130,448	148,459	155,515	166,204
Taxes	28,447	32,001	31,965	39,211	37,250	37,284	42,956	48,456	50,340	53,652
Extraordinary items, net of income taxes	88	56	506	169	-31	-324	-78	427	59	240

Net income	52,550	59,230	61,556	71,012	69,463	74,284	87,413	100,431	105,234	112,791

Cash dividends declared	39,419	42,801	41,205	52,101	52,547	54,844	67,230	77,757	59,587	64,617
Retained income	13,131	16,430	20,351	18,912	16,916	19,438	20,183	22,674	45,647	48,175

Return to text