Date: Thu, 18 Dec 1997 13:04:48 GMT Server: Stronghold/2.1.1 Apache/1.2.4 Last-Modified: Fri, 21 Nov 1997 22:44:54 GMT ETag: "7cce4-1320-34760ee6" Content-Length: 4896 Accept-Ranges: bytes Connection: close Content-Type: text/html X-Pad: avoid browser bug
![]() |
![]() |
AMBANC CORP. HISTORICAL FINANCIAL DATA (Dollar amounts in thousands, except per share data) AT PERIOD END 9/30/97 9/30/96 1996 1995 1994 1993 Actual balances Assets $ 740,609 $ 705,766 $ 718,754 $ 682,347 $ 625,240 $ 622,568 Securities 158,421 176,953 170,724 173,469 186,875 210,774 Loans 531,090 481,848 494,467 442,657 388,657 342,950 Allowance for loan losses 5,670 5,368 5,630 5,022 4,531 4,238 Deposits 645,444 619,748 633,458 600,069 550,387 550,350 Shareholders' equity 76,682 70,145 72,183 67,712 58,210 57,722 Daily averages Assets $ 720,938 $ 697,001 $ 701,586 $ 644,456 $ 619,540 $ 601,232 Securities 164,266 181,619 179,641 177,385 204,664 214,325 Loans 510,591 461,078 467,509 416,489 368,198 325,544 Allowance for loan losses 5,411 5,185 5,441 4,636 4,377 4,152 Deposits 635,034 612,683 617,208 567,413 545,393 534,448 Shareholders' equity 73,437 68,238 68,772 62,344 58,113 54,967 OPERATING RESULTS Net interest income (FTE) $ 21,860 20,914 $ 28,323 $ 26,531 $ 25,401 $ 24,406 Provision for loan losses 945 666 1,366 1,182 338 1,492 Income before cumulative effect of accounting change 6,134 5,892 7,966 7,045 6,502 5,910 Net income 6,134 5,892 7,966 7,045 6,502 6,162 Dividends paid on common stock 2,156 1,990 2,653 2,144 1,947 1,701 PER SHARE DATA Income before cumulative effect of accounting change $ .92 $ .89 $ 1.20 $ 1.06 $ .98 $ .89 Net income .92 .89 1.20 1.06 .98 .93 Cash dividends before poolings of interest .32 .30 .40 .38 .38 .36 Book value 11.53 10.57 10.88 10.21 8.77 8.71 Tangible book value 11.28 10.30 10.62 9.91 8.73 8.68 Stock price at end of period 25.75 15.36 14.25 14.52 14.06 16.67 Weighted average shares 6,632,998 6,633,818 6,631,616 6,632,528 6,627,432 6,626,992 Weighted average treasury shares outstanding 436 999 -- -- -- -- EARNINGS PERFORMANCE Net interest margin (FTE) 4.28% 4.22% 4.25% 4.33% 4.30% 4.28% Return on average assets 1.14 1.13 1.14 1.09 1.05 1.02 Return on average equity 11.17 11.58 11.58 11.30 11.19 11.21 Dividends paid/net income 35.15 33.77 33.30 30.43 29.95 27.61 LOAN ANALYSIS Net charge-offs/average loans .18% .07% .16% .17% .01% .44% Provision/average loans .18 .14 .29 .28 .09 .46 Allowance/loans 1.07 1.11 1.14 1.13 1.17 1.24 Nonaccrual loans to loans .20 .80 .29 .22 .17 .31 Loans past due 90 days or more to loans .35 .34 .27 .29 .34 .24 OREO to loans .17 .07 .07 .06 .02 .04 Performing restructured loans to loans .44 .02 .62 .01 .13 .16 FINANCIAL CONDITION Tier 1 leverage capital 10.30% 9.86% 10.00% 10.01% 9.87% 9.45% Tier 1 capital 13.46 13.31 13.26 13.61 14.25 Total capital 14.48 14.36 14.33 14.67 15.30