| Years Ended December 31 | CHANGE |
|||
| INCOME STATEMENT |  2005 |
2004 |
AMOUNT |
PERCENT |
| Net interest income | $1,956 |
$1,810 |
$146 |
8% |
Net income |
861 |
757 |
104 |
14 |
Basic net
income per common share |
5.17 |
4.41 |
0.76 |
17 |
| Diluted net income per common share | 5.11 |
4.36 |
0.75 |
17 |
Cash dividends
declared per common share |
2.20
|
2.08 |
0.12
|
6 |
Book value
per common share |
31.11 |
29.94 |
1.17 |
4 |
Market value
per common share |
56.76 |
61.02 |
(4.26) |
(7) |
Average
common shares outstanding – basic |
167 |
172 |
(5) |
(3) |
Average
common shares outstanding – diluted |
169 |
174 |
(5) |
(3) |
RATIOS |
||||
| Return on average assets | 1.64% |
1.49% |
||
| Return on average common shareholders’ equity | 16.90 |
15.03 |
||
| Average common
shareholders’ equity as a percentage of average assets |
9.71 |
9.90 |
||
| Tier 1 common
capital as a percentage of risk-weighted assets |
7.86 |
8.13 |
||
BALANCE SHEET (at December 31) |
||||
| Total assets |
$53,013 |
$51,766 |
$1,247 |
2% |
| Total earning assets |
48,646 |
48,016 |
630 |
1 |
| Total loans | 43,247 |
40,843 |
2,404 |
6 |
| Total deposits |
42,431 |
40,936 |
1,495 |
4 |
| Total common shareholders’ equity |
5,068 |
5,105 |
(37) |
(1) |