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First Tennessee National Corp.
Memphis
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $54.7 $46.8
Per share 0.85 0.69
ROA 1.61% 1.47%
ROE 24.56% 20.71%
Net interest margin 4.24% 4.18%
Net interest income 123.6 115.0
Noninterest income 180.3 142.4
Noninterest expense 204.1 174.9
Year to Date 1997 1996
Net income $139.6 $126.6
Per share 2.17 1.88
ROA 1.43% 1.35%
ROE 21.53% 19.17%
Balance Sheet 9/30/97 9/30/96
Assets $14,082.4 $12,801.3
Deposits 6,659.0 6,316.3
Loans 8,082.3 7,630.0
Commerce Bancshares
Kansas City, Mo.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $34.0 $31.0
Per share 0.91 0.81
ROA 1.39% 1.32%
ROE 14.32% 13.95%
Net interest margin 4.61% 4.41%
Net interest income 101.0 92.0
Noninterest income 47.0 40.0
Noninterest expense 88.0 80.0
Year to Date 1997 1996
Net income $96.0 $87.0
Per share 2.55 2.26
ROA 1.34% 1.24%
ROE 13.80% 13.09%
Balance Sheet 9/30/97 9/30/96
Assets $10,014.0 $9,414.0
Deposits 8,448.0 8,040.0
Loans 6,089.0 5,391.0
Dime Bancorp
New York
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $39.5 $16.9
Per share 0.38 0.16
ROA 0.78% 0.34%
ROE 15.14% 6.72%
Net interest margin 2.52% 2.44%
Net interest income 120.2 114.7
Noninterest income 30.3 14.6
Noninterest expense 79.2 109.1
Year to Date 1997 1996
Net income $100.2 $72.9
Per share 0.95 0.67
ROA 0.68% 0.49%
ROE 12.83% 9.77%
Balance Sheet 9/30/97 9/30/96
Assets $19,413.6 $19,683.5
Deposits 13,392.3 12,734.3
Loans 12,138.0 10,542.4
First Commerce Corp.
New Orleans
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $31.7 $26.5
Per share 0.77 0.66
ROA 1.36% 1.24%
ROE 16.28% 14.87%
Net interest margin 4.51% 4.82%
Net interest income 96.9 95.1
Noninterest income 52.1 42.2
Noninterest expense 84.3 83.6
Year to Date 1997 1996
Net income $93.6 $89.7
Per share 2.31 2.17
ROA 1.37% 1.42%
ROE 16.81% 16.43%
Balance Sheet 9/30/97 9/30/96
Assets $9,311.0 $8,773.0
Deposits 7,447.0 6,850.0
Loans 6,238.0 5,753.0
First Virginia Banks Inc.
Falls Church, Va.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $34.7 $28.6
Per share 0.67 0.57
ROA 1.55% 1.41%
ROE 13.89% 13.27%
Net interest margin 5.26% 5.15%
Net interest income 106.5 95.1
Noninterest income 29.8 23.9
Noninterest expense 79.9 70.7
Year to Date 1997 1996
Net income $95.5 $85.5
Per share 1.90 1.70
ROA 1.49% 1.40%
ROE 13.76% 13.13%
Balance Sheet 9/30/97 9/30/96
Assets $8,916.5 $8,173.6
Deposits 7,539.1 7,023.4
Loans 5,946.9 5,293.2
Hibernia Corp.
New Orleans
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $34.7 $24.7
Per share 0.26 0.19
ROA 1.40% 1.20%
ROCE 14.73% 12.45%
Net interest margin 4.78% 4.86%
Net interest income 107.7 91.4
Noninterest income 35.2 28.6
Noninterest expense 89.8 89.8
Year to Date 1997 1996
Net income $97.8 $79.6
Per share 0.72 0.62
ROA 1.36% 1.32%
ROCE 14.21% 13.51%
Balance Sheet 9/30/97 9/30/96
Assets $10,100.0 $8,900.0
Deposits 8,100.0 7,500.0
Loans 7,000.0 5,800.0
First Maryland Bancorp.
Baltimore
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $53.5 $33.7
Per share NA NA
ROA 1.23% 1.29%
ROE 11.31% 11.27%
Net interest margin 3.86% 4.36%
Net interest income 141.9 102.0
Noninterest income 119.5 57.4
Noninterest expense 169.3 103.0
Year to Date 1997 1996
Net income $123.5 $96.3
Per share NA NA
ROA 1.26% 1.24%
ROE 11.13% 10.75%
Balance Sheet 9/30/97 9/30/96
Assets $17,264.3 $10,841.9
Deposits 11,852.3 7,498.4
Loans 9,878.3 6,615.2
Signet Bank Corp.
Richmond, Va.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $42.2 $29.6
Per share 0.68 0.49
ROA 1.48% 1.03%
ROE 17.41% 13.63%
Net interest margin 4.78% 4.70%
Net interest income 120.3 118.4
Noninterest income 78.2 68.1
Noninterest expense 113.7 122.9
Year to Date 1997 1996
Net income $73.2 $91.3
Per share 1.19 1.51
ROA 0.86% 1.08%
ROE 10.40% 14.23%
Balance Sheet 9/30/97 9/30/96
Assets $11,271.2 $11,492.6
Deposits 7,712.3 7,834.1
Loans 6,396.4 6,043.6
Star Banc Corp.
Cincinnati
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $50.1 $38.2
Per share 0.58 0.43
ROA 1.90% 1.57%
ROE 23.00% 18.16%
Net interest margin 4.93% 4.91%
Net interest income 117.0 108.5
Noninterest income 53.9 44.5
Noninterest expense 81.2 81.8
Year to Date 1997 1996
Net income $143.0 $116.1
Per share 1.66 1.31
ROA 1.87% 1.61%
ROE 22.49% 18.71%
Balance Sheet 9/30/97 9/30/96
Assets $10,772.4 $9,874.6
Deposits 7,876.0 7,800.4
Loans 8,326.0 7,501.5
Synovus Financial Corp.
Columbus, Ga.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $43.1 $35.2
Per share 0.25 0.20
ROA 1.92% 1.70%
ROE 20.03% 19.02%
Net interest margin 5.26% 5.21%
Net interest income 104.8 95.6
Noninterest income 124.3 109.4
Noninterest expense 154.4 141.5
Year to Date 1997 1996
Net income $118.2 $97.9
Per share 0.68 0.56
ROA 1.81% 1.62%
ROE 19.29% 18.19%
Balance Sheet 9/30/97 9/30/96
Assets $8,997.1 $8,335.2
Deposits 7,399.4 6,877.5
Loans 6,470.9 5,943.7
