Income Statement for J.P.Morgan Chase & Co. for year 2001, 2000 and 19999 Year ended december 31,(Dollar in millions, expect per share data) 2001 2000 1999 Interest Income Loan $15,544 $17,243 $14,783 Securities $3,647 $4,422 4804 Trading assets $7,390 $7,160 5432 Federal funds sold and securities Purchased under resale agreements $3,805 $4,751 3305 Securities borrowed $1,343 $2,294 1877 Deposits with banks $452 $773 1006 Total Interest Income $32,181 $36,643 $31,207 Interest Expense Deposits $7,998 $10,835 $8,845 Short-term and other liabilities $11,098 $13,105 9323 Long-term debt $2,283 $3,191 2754 Total interest expense $21,379 $27,131 $20,922 Net interest income $10,802 $9,512 $10,285 Provision for loan losses ($3,185) ($1,377) -1446 Noninterest Income Investment banking fees $3,612 $4,362 $3,517 Trading revenue $4,918 $6,298 5252 Fees and commission $9,208 $9,229 7876 Private equity-realized gains $651 $2,051 1690 Privateequity-unrealized gains(losses) ($1,884) ($1,036) 1457 Securities gains(losses) $866 $229 -192 Other revenue $877 $2,289 1045 Total noninterest income $18,248 $23,422 $20,645 Noninterest Expense Compensation expense $11,944 $12,748 10534 Occupancy expense $1,348 $1,294 1190 Technology and communications expense $2,631 $2,454 2179 Marger and restructuring costs $2,523 $1,431 23 Amortization of intangibles $729 $528 329 Other expense $4,124 $4,369 3740 Total noninterest expense $23,299 $22,824 $17,995 Net noninterest income ($5,051) $598 $2,650 Income before taxes and effect of accounting change $2,566 $8,733 $11,489 Applicable income taxes ($847) ($3,006) -3988 Income before effect of accounting change $1,719 $5,727 $7,501 Net effect of change in accounting principle ($25) 0 0 Net income $1,694 $5,727 $7,501 Balance Sheet for J.P.Morgan
Net Income
Farm Security Administration borrower, vicinity of...
Question of moneyChase & Co. for year 2001, 2000 and 19999 (Dollars in million) 2001 2000 Assets Cash and due from banks $22,600 $23,972 Deposits with banks $12,743 $8,333 Fed funds sold and securities purchased $63,727 $69,474 Securities borrowed $36,580 $32,371 Trading assets: Debt and equity instruments $118,248 $139,249 Derivative receivables $71,157 $76,373 Securities: Available-for-sale U.S.government and...