Untitled

Table 1. The title is "Net Interest Income Bolstered Earnings during the First Half of 2002, While Provision for Loan Losses Rose Further."

For all FDIC-insured commercial banks in the first six months of 2001, net interest income was $104,820 million. Less: provision for loan and lease losses of $16,782.6 million; plus: total noninterest income of $79,028.7 million; less: total noninterest expense of $110,026.7 million; plus: gain on sale of securities held to maturity of $2.3 million; plus: gain on sale of securities available for sale of $2,028.3 million; for total pretax, pre-extraordinary items of $59,070 million; less: income tax of $19,889.4 million; for total income pre-extraordinary items of $39,180.6 million; plus: extraordinary items net of taxes of minus $349.8 million; for net income of $38,830.8 million.

For all FDIC-insured commercial banks in the first six months of 2002, net interest income was $117,627.3 million. Less: provision for loan and lease losses of $22,461.6 million; plus: total noninterest income of $84,165.8 million; less: total noninterest expense of $113,397.6 million; plus: gain on sale of securities held to maturity of minus $0.6 million; plus: gain on sale of securities available for sale of $1,715.3 million; for total pretax, pre-extraordinary items of $67,648.6 million; less: income tax of $22,417.2 million; for total income pre-extraordinary items of $45,231.4 million; plus: extraordinary items net of taxes of 37.8 million; for net income of $45,269.2 million.