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Community First Bankshares Inc.
Fargo, N.D.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $18.0 $6.0
Per share 0.39 0.14
ROA 1.23% 0.45%
ROE 18.26% 6.69%
Net interest margin 5.03% 5.04%
Net interest income 69.0 66.0
Noninterest income 18.0 14.0
Noninterest expense 51.0 64.0
Year to Date 1999 1998
Net income $36.0 $23.0
Per share 0.76 0.48
ROA 1.22% 0.83%
ROE 18.00% 12.15%
Balance Sheet 6/30/99 6/30/98
Assets $6,021.0 $5,897.0
Deposits 4,690.0 4,819.0
Loans 3,347.0 3,161.0
Charter One Financial Inc.
Cleveland
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $92.5 $79.4
Per share 0.54 0.46
ROA 1.49% 1.31%
ROE 18.47% 16.97%
Net interest margin 3.30% 3.13%
Net interest income 191.6 181.1
Noninterest income 64.1 110.6
Noninterest expense 111.7 110.6
Year to Date 1999 1998
Net income $180.6 $153.4
Per share 1.06 0.89
ROA 1.47% 1.26%
ROE 18.40% 16.68%
Balance Sheet 6/30/99 6/30/98
Assets $24,952.6 $24,467.3
Deposits 15,087.6 15,165.1
Loans 17,553.7 17,502.7
Fifth Third Bancorp
Cincinnati
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $162.0 $58.0
Per share 0.59 0.22
ROA 2.12% 1.86%
ROE 19.60% 18.40%
Net interest margin 4.15% 3.87%
Net interest income 295.0 261.0
Noninterest income 187.0 148.0
Noninterest expense 195.0 261.0
Year to Date 1999 1998
Net income $312.0 $182.0
Per share 1.14 0.68
ROA 2.10% 1.81%
ROE 19.50% 18.20%
Balance Sheet 6/30/99 6/30/98
Assets $31,628.0 $28,293.0
Deposits 20,129.0 18,792.0
Loans 18,940.0 17,705.0
Citizens Banking Corp.
Flint, Mich.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $15.1 $13.7
Per share 0.54 0.48
ROA 1.33% 1.23%
ROE 14.18% 13.03%
Net interest margin 4.90% 4.89%
Net interest income 51.8 49.5
Noninterest income 21.4 14.0
Noninterest expense 45.7 40.2
Year to Date 1999 1998
Net income $29.5 $27.2
Per share 1.05 0.95
ROA 1.31% 1.23%
ROE 13.84% 13.16%
Balance Sheet 6/30/99 6/30/98
Assets $4,758.0 $4,436.0
Deposits 3,702.0 3,653.0
Loans 3,608.0 3,450.0
First Tennessee National Corp.
Memphis, Tenn.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $61.0 $52.7
Per share 0.45 0.40
ROA 1.33% 1.31%
ROE 20.90% 22.20%
Net interest margin 3.81% 3.86%
Net interest income 147.1 133.2
Noninterest income 294.2 219.9
Noninterest expense 330.7 258.4
Year to Date 1999 1998
Net income $114.0 $99.1
Per share 0.85 0.75
ROA 1.24% 1.29%
ROE 20.00% 20.90%
Balance Sheet 6/30/99 6/30/98
Assets $18,624.0 $16,571.0
Deposits 11,517.0 10,943.0
Loans 8,661.0 7,946.0
Harris Bank
Chicago
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $56.2 $50.3
Per share NA NA
ROA 0.88% 0.87%
ROE 13.63% 12.12%
Net interest margin 2.88% 2.99%
Net interest income 161.7 150.4
Noninterest income 122.5 112.8
Noninterest expense 192.0 177.1
Year to Date 1999 1998
Net income $110.7 $100.6
Per share NA NA
ROA 0.88% 0.90%
ROE 13.39% 12.20%
Balance Sheet 6/30/99 6/30/98
Assets $25,894.0 $24,119.0
Deposits 17,780.0 16,816.0
Loans 13,990.0 13,337.0
People's Bank
Bridgeport, Conn.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $29.0 $28.7
Per share 0.47 0.45
ROA 1.14% 1.29%
ROE 14.20% 13.50%
Net interest margin 4.35% 4.20%
Net interest income 84.9 70.9
Noninterest income 75.8 81.3
Noninterest expense 103.0 95.3
Year to Date 1999 1998
Net income $56.9 $54.1
Per share 0.91 0.85
ROA 1.13% 1.25%
ROE 13.70% 13.50%
Balance Sheet 6/30/99 6/30/98
Assets $10,357.3 $9,105.2
Deposits 7,011.8 6,648.7
Loans 6,511.0 5,752.4
Peoples Heritage Financial Group Inc.
Portland, Me.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $40.8 $12.5
Per share 0.39 0.12
ROA 1.25% 0.43%
ROE 18.08% 5.86%
Net interest margin 3.62% 4.03%
Net interest income 109.1 106.2
Noninterest income 33.8 30.3
Noninterest expense 79.3 114.3
Year to Date 1999 1998
Net income $54.3 $43.7
Per share 0.52 0.41
ROA 0.87% 0.76%
ROE 12.34% 10.32%
Balance Sheet 6/30/99 6/30/98
Assets $13,479.7 $11,609.7
Deposits 8,204.3 8,212.0
Loans 6,505.9 7,156.7
Sanwa Bank California
Los Angeles
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $26.6 $25.0
Per share NA NA
ROA 1.25% 1.25%
ROE 13.32% 12.85%
Net interest margin 4.76% 4.99%
Net interest income 93.0 91.4
Noninterest income 21.2 23.0
Noninterest expense 68.5 70.8
Year to Date 1999 1998
Net income $57.5 $50.7
Per share NA NA
ROA 1.36% 1.29%
ROE 14.28% 13.17%
Balance Sheet 6/30/99 6/30/98
Assets $8,590.5 $8,170.9
Deposits 6,853.0 6,300.6
Loans 6,438.8 6,287.3
TCF Financial Corp.
Minneapolis, Minn.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $41.0 $40.2
Per share 0.49 0.45
ROA 1.60% 1.69%
ROE 20.11% 17.37%
Net interest margin 4.52% 4.94%
Net interest income 106.7 107.3
Noninterest income 76.0 69.6
Noninterest expense 112.8 105.6
Year to Date 1999 1998
Net income $78.3 $80.1
Per share 0.94 0.88
ROA 1.54% 1.67%
ROE 19.04% 17.13%
Balance Sheet 6/30/99 6/30/98
Assets $10,338.3 $9,393.1
Deposits 6,648.3 6,741.3
Loans 7,359.8 7,023.5
Valley National Corp.
Wayne, N.J.
Dollars in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $25.4 $25.9
Per share 0.41 0.42
ROA 1.68% 1.84%
ROE 17.39% 18.69%
Net interest margin 4.51% 4.63%
Net interest income 65.4 62.1
Noninterest income 11.8 11.6
Noninterest expense 35.2 33.8
Year to Date 1999 1998
Net income $51.9 $50.4
Per share 0.84 0.81
ROA 1.74% 1.79%
ROE 17.60% 18.37%
Balance Sheet 6/30/99 6/30/98
Assets $6,110.1 $5,692.6
Deposits 5,045.5 4,862.3
Loans 4,308.7 4,037.4
* Restated for Ramapo Financial merger
Webster Financial Corp.
Waterbury, Conn.
Dollar amounts in millions (except per share)
Second Quarter 2Q99 2Q98
Net income $23.2 $9.4
Per share 0.61 0.24
ROA 1.04% 0.39%
ROE 17.52% 7.13%
Net interest margin 3.20% 2.64%
Net interest income 67.1 59.7
Noninterest income 20.2 21.8
Noninterest expense 50.0 62.8
Year to Date 1999 1998
Net income $45.0 $29.1
Per share 1.20 0.75
ROA 1.01% 0.61%
ROE 16.91% 11.25%
Balance Sheet 6/30/99 6/30/98
Assets $9,057.0 $9,189.1
Deposits 5,719.9 5,736.4
Loans 5,278.8 4,920.7
