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Summit Bancorp
Princeton, N.J.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $71.2 $87.5
Per share 0.41 0.52
ROA 1.50% 1.38%
ROE 17.02% 17.20%
Net interest margin 4.26% 4.23%
Net interest income 287.8 265.1
Noninterest income 74.2 63.8
Noninterest expense 180.8 166.9
Year to Date 1997 1996
Net income $258.8 $186.9
Per share 1.48 1.11
ROA 1.46% 1.29%
ROE 16.99% 16.22%
Balance Sheet 9/30/97 9/30/96
Assets $29,091.1 $27,405.0
Deposits 21,938.0 21,453.6
Loans 18,630.7 17,277.7
SunTrust Banks Inc.
Jacksonville, Fla.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $168.6 $155.6
Per share 0.80 0.70
ROA 1.29% 1.35%
ROE 21.38% 18.86%
Net interest margin 4.04% 4.38%
Net interest income 485.7 464.2
Noninterest income 232.9 197.2
Noninterest expense 424.4 389.6
Loss provision 29.0 30.0
Net chargeoffs (21.7) (27.9)
Year to Date 1997 1996
Net income $495.1 $458.1
Per share 2.31 2.04
ROA 1.31% 1.37%
ROE 20.94% 18.88%
Net interest margin 4.15% 4.39%
Net interest income 1,436.9 1,352.1
Noninterest income 686.8 611.0
Noninterest expense 1,251.7 1,184.0
Loss provision 84.4 81.2
Net chargeoffs (63.1) (56.5)
Balance Sheet 9/30/97 9/30/96
Assets $55,454.0 $49,633.0
Deposits 36,217.0 34,974.0
Loans 38,475.0 33,824.0
Reserve/nonp. loans 482.0% 386.2%
Nonperf. loans/loans 0.40% 0.55%
Nonperf. assets/assets 0.43% 0.48%
Nonperf. assets/loans + OREO 0.50% 0.71%
Leverage cap. ratio NA 6.63%
Tier 1 cap. ratio NA 7.78%
Tier 1+2 cap. ratio NA 11.30%
Popular Inc.
San Juan, P.R.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $53.6 $46.3
Per share 0.76 0.67
ROA 1.10% 1.10%
ROE 15.46% 15.94%
Net interest margin 4.42% 4.36%
Net interest income 203.0 172.2
Noninterest income 66.3 51.4
Noninterest expense 167.3 135.5
Year to Date 1997 1996
Net income $154.2 $137.5
Per share 2.22 1.99
ROA 1.15% 1.14%
ROE 15.93% 16.29%
Balance Sheet 9/30/97 9/30/96
Assets $19,893.6 $16,755.6
Deposits 11,208.2 10,589.0
Loans 11,186.3 9,589.3
Huntington Bancshares
Columbus, Ohio
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $41.2 $77.4
Per share 0.22 0.40
ROA 0.65% 1.33%
ROE 8.41% 17.75%
Net interest margin 4.41% 4.25%
Net interest income 257.2 226.2
Noninterest income 96.1 81.4
Noninterest expense 244.9 168.5
Year to Date 1997 1996
Net income $202.0 $225.1
Per share 1.06 1.16
ROA 1.08% 1.30%
ROE 14.48% 16.98%
Balance Sheet 9/30/97 9/30/96
Assets $25,576.1 $23,998.5
Deposits 17,589.8 16,153.8
Loans 17,692.6 16,359.1
First of America Bank Corp.
Kalamazoo, Mich.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $79.0 $51.0
Per share 0.89 0.55
ROA 1.48% 0.93%
ROE 17.15% 11.64%
Net interest margin 4.68% 4.59%
Net interest income 227.1 230.0
Noninterest income 115.4 99.0
Noninterest expense 194.9 227.9
Year to Date 1997 1996
Net income $231.6 $172.9
Per share 2.59 1.85
ROA 1.45% 1.03%
ROE 17.27% 12.91%
Balance Sheet 9/30/97 9/30/96
Assets $21,690.8 $22,168.6
Deposits 16,468.6 18,184.6
Loans 14,494.2 15,299.3
Harris Bank
Chicago
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $46.1 $31.6
Per share NA NA
ROA 0.86% 0.65%
ROE 11.31% 8.10%
Net interest margin 3.52% 3.81%
Net interest income 165.9 163.9
Noninterest income 104.0 84.4
Noninterest expense 179.9 179.6
Year to Date 1997 1996
Net income $134.5 $118.4
Per share NA NA
ROA 0.86% 0.85%
ROE 11.43% 12.44%
Balance Sheet 9/30/97 9/30/96
Assets $21,560.0 $20,876.0
Deposits 15,738.0 14,985.0
Loans 12,495.0 11,412.0
AmSouth Bancorp.
Birmingham, Ala.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $56.8 $35.2
Per share 0.70 0.41
ROA 1.26% 0.77%
ROE 16.64% 10.08%
Net interest margin 4.10% 3.90%
Net interest income 169.5 165.1
Noninterest income 65.5 60.1
Noninterest expense 131.1 152.0
Year to Date 1997 1996
Net income $167.3 $131.1
Per share 2.03 1.54
ROA 1.26% 0.77%
ROE 16.64% 10.08%
Balance Sheet 9/30/97 9/30/96
Assets $18,058.2 $18,615.1
Deposits 12,612.6 12,456.2
Loans 12,107.3 11,832.6
BB&T Corp.
Winston-Salem, N.C.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $61.3 $68.3
Per share 0.45 0.49
ROA 0.89% 1.09%
ROE 11.54% 13.80%
Net interest margin 4.55% 4.44%
Net interest income 277.1 253.3
Noninterest income 155.1 89.2
Noninterest expense 312.7 226.8
Year to Date 1997 1996
Net income $256.5 $240.2
Per share 1.84 1.72
ROA 1.29% 1.31%
ROE 16.23% 16.34%
Balance Sheet 9/30/97 9/30/96
Assets $27,212.1 $25,435.9
Deposits 19,335.3 18,954.1
Loans 19,199.0 17,191.3
Crestar Financial Corp.
Richmond, Va.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $79.5 $48.1
Per share 0.71 0.43
ROA 1.47% 0.89%
ROE 16.60% 10.94%
Net interest margin 4.47% 4.44%
Net interest income 217.1 215.6
Noninterest income 96.1 80.3
Noninterest expense 173.2 212.0
Year to Date 1997 1996
Net income $227.1 $180.1
Per share 2.03 1.61
ROA 1.41% 1.12%
ROE 16.38% 13.61%
Balance Sheet 9/30/97 9/30/96
Assets $23,188.4 $22,415.5
Deposits 16,109.7 16,612.1
Loans 14,678.6 13,570.9
First Empire State Corp.
Buffalo, N.Y.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $45.9 $35.9
Per share 6.57 5.05
ROA 1.36% 1.14%
ROE 18.92% 16.64%
Net interest margin 4.34% 4.38%
Net interest income 139.9 132.2
Noninterest income 50.2 44.9
Noninterest expense 104.7 107.7
Year to Date 1997 1996
Net income $129.9 $110.7
Per share 18.50 15.36
ROA 1.32% 1.19%
ROE 18.58% 17.44%
Balance Sheet 9/30/97 9/30/96
Assets $13,675.1 $12,820.6
Deposits 11,205.0 10,554.0
Loans 11,271.1 10,437.4
