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EXHIBIT 13 (d)
Selected Financial Information
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SELECTED FINANCIAL INFORMATION
(Dollars in thousands, except per share amounts)
YEARS ENDED DECEMBER 31
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1995 1994 1993 1992 1991
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Earnings Summary:
Interest revenue $ 252,427 $ 207,895 $ 193,869 $ 202,920 $ 220,319
Interest expense 114,457 85,029 78,715 92,143 121,386
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Net interest revenue 137,970 122,866 115,154 110,777 98,933
Provision for credit losses 6,206 5,946 9,032 12,843 9,446
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Net interest revenue, after provision
for credit losses 131,764 116,920 106,122 97,934 89,487
Other revenue 31,240 26,012 26,776 23,767 22,407
Other expense 111,750 99,372 93,176 89,348 83,496
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Income before income taxes and
effect of accounting change 51,254 43,560 39,722 32,353 28,398
Applicable income taxes 15,750 12,832 10,216 9,194 6,654
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Income before effect of accounting change
and extraordinary item 35,504 30,728 29,506 23,159 21,744
Extraordinary loss on early extinguishment of
debt, net of taxes - - - (285) -
Cummulative effect of change in
accounting for income taxes - - 3,429 - -
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Net income $ 35,504 $ 30,728 $ 32,935 $ 22,874 $21,744
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Per Share Data:
Earnings before accounting change
& extraordinary item $ 1.69 $ 1.51 $ 1.49 $ 1.33 $1.29
Cash dividends 0.62 0.555 0.54 0.51 0.47
Book value 13.72 12.44 11.82 10.56 9.50
Balance Sheet - Averages:
Total assets $3,151,297 $2,884,539 $2,659,785 $2,503,499 $2,379,517
Held-to-maturity securities 516,919 427,759 509,996 583,459 549,533
Available-for-sale securities 183,396 266,370 141,496 - -
Loans, net of unearned discount 2,146,967 1,881,922 1,675,048 1,550,745 1,451,562
Total deposits 2,732,450 2,513,493 2,342,137 2,210,934 2,092,052
Total shareholders' equity 268,395 240,929 218,504 185,925 165,321
Selected Ratios:
Return on average assets 1.13% 1.07% 1.24% 0.91% 0.91%
Return on average shareholders' equity 13.23% 12.75% 15.07% 12.30% 13.15%