 |
|
2000 COMPARED TO 1999
|
1999 COMPARED TO 1998
|
| (Taxable equivalent basis - in thousands) |
CHANGE DUE TO
|
CHANGE DUE TO
|
|
|
 |
|
|
|
|
|
|
|
|
YIELD/
|
|
|
YIELD/
|
|
|
|
VOLUME
|
RATE
|
NET
|
VOLUME
|
RATE
|
NET
|
|
|
|
| Interest Earned On: |
|
|
|
|
|
|
| Loans net of unearned income |
$ 34,639 |
$ 110,153 |
$ 144,792 |
$ 122,501 |
$ (75,062) |
$ 47,439 |
| Available-for-sale securities: |
|
|
|
|
|
|
|
Taxable |
(150,105) |
19,146 |
(130,959) |
3,413 |
(30,769) |
(27,356) |
|
Tax-free |
(12,678) |
903 |
(11,775) |
(3,245) |
(2,416) |
(5,661) |
|
|
|
| Total available-for-sale securities |
(162,783) |
20,049 |
(142,734) |
168 |
(33,185) |
(33,017) |
| Held-to-maturity securities: |
|
|
|
|
|
|
|
Taxable |
123,419 |
13,127 |
136,546 |
80,936 |
(745) |
80,191 |
|
Tax-free |
11,744 |
(2,195) |
9,549 |
6,789 |
(3,044) |
3,745 |
|
|
|
| Total held-to-maturity securities |
135,163 |
10,932 |
146,095 |
87,725 |
(3,789) |
83,936 |
|
|
|
| Total investment securities |
(27,620) |
30,981 |
3,361 |
87,893 |
(36,974) |
50,919 |
| Trading securities |
(2,334) |
253 |
(2,081) |
396 |
(496) |
(100) |
| Federal funds sold and securities
purchased |
|
|
|
|
|
|
|
under agreements to resell |
18,367 |
3,394 |
21,761 |
(1,037) |
(919) |
(1,956) |
| Loans held for sale |
(620) |
3,054 |
2,434 |
(5,643) |
(666) |
(6,309) |
| Other interest-earning assets |
3,151 |
1,472 |
4,623 |
1,084 |
55 |
1,139 |
|
|
|
| Total interest-earning assets |
25,583 |
149,307 |
174,890 |
205,194 |
(114,062) |
91,132 |
|
|
|
| Interest paid on: |
|
|
|
|
|
|
| Interest-bearing demand deposits |
3,101 |
58,408 |
61,509 |
2,222 |
(38,275) |
(36,053) |
| Savings deposits |
(12,160) |
(4,743) |
(16,903) |
5,599 |
(3,020) |
2,579 |
| Time deposits |
(3,160) |
46,297 |
43,137 |
(52,266) |
(20,584) |
(72,850) |
| Foreign time deposits |
21,633 |
8,645 |
30,278 |
24,372 |
(158) |
24,214 |
| Certificates of deposit of $100,000
or more |
(3,093) |
22,895 |
19,802 |
31,705 |
(16,514) |
15,191 |
| Federal funds purchased and securities
sold |
|
|
|
|
|
|
|
under agreements to repurchase |
(31,744) |
32,208 |
464 |
32,769 |
(13,258) |
19,511 |
| Other borrowed funds |
36,163 |
12,751 |
48,914 |
5,210 |
(603) |
4,607 |
| Long-term Federal Home Loan Bank advances |
42,206 |
31,916 |
74,122 |
72,955 |
(4,041) |
68,914 |
| Subordinated debt |
267 |
5,606 |
5,873 |
7,298 |
(4,976) |
2,322 |
| Senior notes |
(743) |
606 |
(137) |
(14) |
1 |
(13) |
| Other long-term debt |
(541) |
1 |
(540) |
(889) |
(352) |
(1,241) |
|
|
|
| Total interest-bearing liabilities |
51,929 |
214,590 |
266,519 |
128,961 |
(101,780) |
27,181 |
|
|
|
| Net interest income on a |
|
|
|
|
|
|
|
taxable equivalent basis |
$ (26,346) |
$ (65,283) |
(91,629) |
$ 76,233 |
$ (12,282) |
63,951 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Add taxable equivalent adjustment |
|
|
(37,212) |
|
|
(289) |
|
|
|
|
|
|
|
|
| Net interest income |
|
|
$ (128,841) |
|
|
$ 63,662 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Notes:
1. The change in interest not due solely to volume
or yield/rate has been allocated to the volume column and yield/rate
column in proportion to the relationship of the absolute dollar amounts
of the change in each.
2. The computation of the taxable equivalent adjustment
is based on the statutory federal income tax rate, adjusted for applicable
state income taxes net of the related federal tax benefit.
3. Certain noninterest-earning marketable equity
securities are not included in available-for-sale securities.
|
