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Popular Inc.
San Juan, P.R.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $64.0 $57.5
Per share 0.46 0.41
ROA 1.08% 1.16%
ROE 15.53% 15.50%
Net interest margin 4.58% 4.93%
Net interest income 238.9 214.4
Noninterest income 86.9 72.9
Noninterest expense 205.2 175.0
Year to Date 1999 1998
Net income $127.7 $112.3
Per share 0.91 0.80
ROA 1.11% 1.15%
ROE 15.78% 15.43%
Balance Sheet 6/30/99 6/30/98
Assets $23,678.6 $19,997.6
Deposits 13,915.4 12,102.6
Loans 13,887.4 11,753.2
Amsouth Bancorp.
Birmingham, Ala.
Dollar amounts in millions (except per share)
Net income $74.2 $65.5
Per share 0.42 0.36
ROA 1.46% 1.34%
ROE 20.87% 18.48%
Net interest margin 4.09% 3.91%
Net interest income 189.0 174.6
Noninterest income 88.1 108.4
Noninterest expense 154.8 158.2
Year to Date 1999 1998
Net income $144.6 $127.5
Per share 0.81 0.70
ROA 1.45% 1.34%
ROE 20.47% 18.22%
Balance Sheet 6/30/99 6/30/98
Assets $20,592.0 $19,982.1
Deposits 13,076.5 12,958.3
Loans 13,084.3 12,436.5
Hibernia Corp.
New Orleans, La.
Dollar amounts in millions (except per share)
Net income $47.4 $44.3
Per share 0.29 0.27
ROA 1.31% 1.37%
ROE 13.96% 13.97%
Net interest margin 4.39% 4.61%
Net interest income 147.6 139.0
Noninterest income 52.7 46.6
Noninterest expense 111.6 108.8
Year to Date 1999 1998
Net income $76.9 $85.5
Per share 0.46 0.51
ROA 1.07% 1.33%
ROE 11.34% 13.62%
Balance Sheet 6/30/99 6/30/98
Assets $14,734.6 $13,143.2
Deposits 11,328.9 10,202.8
Loans 10,334.0 9,009.3
National Commerce Bancorp.
Memphis, Tenn.
Dollar amounts in millions (except per share)
Net income $24.8 $20.5
Per share 0.24 0.20
ROA 1.64% 1.64%
ROE 22.01% 21.54%
Net interest margin 4.07% 4.22%
Net interest income 54.3 47.7
Noninterest income 23.3 20.9
Noninterest expense 36.8 34.8
Year to Date 1999 1998
Net income $48.9 $40.5
Per share 0.47 0.40
ROA 1.64% 1.67%
ROE 22.49% 21.65%
Balance Sheet 6/30/99 6/30/98
Assets $6,316.7 $5,200.6
Deposits 4,096.3 3,415.8
Loans 3,417.0 2,887.5
Commerce Bancshares Inc.
Kansas City, Mo.
Dollar amounts in millions (except per share)
Net income $42.0 $37.0
Per share 0.68 0.60
ROA 1.52% 1.46%
ROE 15.53% 14.63%
Net interest margin 4.61% 4.58%
Net interest income 116.0 106.0
Noninterest income 61.0 56.0
Noninterest expense 105.0 93.0
Year to Date 1999 1998
Net income $80.0 $72.0
Per share 1.30 1.16
ROA 1.46% 1.42%
ROE 15.03% 14.32%
Balance Sheet 6/30/99 6/30/98
Assets $11,067.0 $10,336.0
Deposits 9,229.0 8,678.0
Loans 7,056.0 6,495.0
First Virginia Banks Inc.
Falls Church, Va.
Dollar amounts in millions (except per share)
Net income $34.0 $32.0
Per share 0.68 0.62
ROA 1.44% 1.40%
ROE 13.29% 12.51%
Net interest margin 5.07% 5.19%
Net interest income 110.0 110.0
Noninterest income 29.0 29.0
Noninterest expense 81.0 81.0
Year to Date 1999 1998
Net income $79.0 $64.0
Per share 1.56 1.23
ROA 1.66% 1.40%
ROE 15.45% 12.44%
Balance Sheet 6/30/99 6/30/98
Assets $9,446.0 $9,377.0
Deposits 7,922.0 7,896.0
Loans 6,194.0 5,985.0
North Fork Bancorp.
Melville, N.Y.
Dollar amounts in millions (except per share)
Net income $58.4 $50.9
Per share 0.42 0.36
ROA 2.05% 2.10%
ROE 27.08% 25.65%
Net interest margin 4.23% 4.65%
Net interest income 115.3 106.9
Noninterest income 21.7 14.9
Noninterest expense 44.1 40.2
Year to Date 1999 1998
Net income $111.9 $58.2
Per share 0.80 0.41
ROA 2.02% 1.18%
ROE 26.40% 15.02%
Balance Sheet 6/30/99 6/30/98
Assets $11,522.3 $9,917.0
Deposits 6,489.5 6,486.4
Loans 6,063.6 5,752.7
BancWest Corp.
Honolulu
Dollar amounts in millions (except per share)
Net income $42.0 $21.7
Per share 0.73 0.69
ROA 1.10% 1.07%
ROE 9.89% 11.68%
Net interest margin 4.64% 4.74%
Net interest income 157.6 86.5
Noninterest income 46.4 31.4
Noninterest expense 121.3 76.4
Year to Date 1999 1998
Net income $82.3 $42.9
Per share 1.43 1.37
ROA 1.10% 1.07%
ROE 9.81% 11.73%
Balance Sheet 6/30/99 6/30/98
Assets $15,363.8 $8,171.3
Deposits 11,595.1 6,198.3
Loans 11,557.8 6,219.1
Mercantile Bankshares Corp.
Baltimore, Md.
Dollar amounts in millions (except per share)
Net income $38.9 $36.6
Per share 0.55 0.50
ROA 2.06% 2.04%
ROE 16.13% 15.18%
Net interest margin 5.15% 5.29%
Net interest income 92.2 90.0
Noninterest income 30.1 26.9
Noninterest expense 57.7 54.8
Year to Date 1999 1998
Net income $76.1 $72.1
Per share 1.08 1.00
ROA 2.04% 2.04%
ROE 15.88% 15.24%
Balance Sheet 6/30/99 6/30/98
Assets $7,615.0 $7,326.1
Deposits 5,879.7 5,778.7
Loans 5,249.0 4,887.8
Centura Banks Inc.
Rocky Mount, N.C.
Dollar amounts in millions (except per share)
Net income $28.8 $25.1
Per share 1.00 0.87
ROA 1.32% 1.23%
ROE 16.58% 15.98%
Net interest margin 4.26% 4.35%
Net interest income 86.0 81.1
Noninterest income 38.8 34.6
Noninterest expense 74.0 72.4
Year to Date 1999 1998
Net income $49.4 $48.6
Per share 1.71 1.70
ROA 1.13% 1.23%
ROE 14.33% 15.89%
Balance Sheet 6/30/99 6/30/98
Assets $8,756.8 $8,203.5
Deposits 6,024.4 5,959.5
Loans 5,766.1 5,334.2
