TAIB 1999 Annual Report Editorial Section
1999 TAIB Bank Annual Report—Part II An outstanding year from every perspective Financial Highlights (US$’000s) 1999 1998 1997 1996 1995 Earnings Net interest income 9,472 7,985 9,092 8,137 7,390 Fees and other income 32,231 23,895 22,128 15,336 13,885 Net income before provisions 25,004 17,410 18,351 11,925 11,603 Net income 14,026 10,117 7,270 10,403 9,678 Dividend 5,063* 5,484 5,062 5,062 4,219 Financial Position Total assets 512,562 402,822 371,950 333,569 306,889 Investments and marketable securities 365,715 232,615 207,594 135,196 141,279 Loans and advances 27,264 40,706 55,153 62,496 47,596 Customer deposits 124,382 125,927 110,432 84,424 51,429 Total deposits 328,554 274,802 246,791 214,544 188,798 Shareholders’ equity 120,291 112,261 108,703 107,947 103,953 Ratios Earnings: Return on Average Equity (%) 12.1 9.1 6.7 9.8 9.5 Return on Average Assets (%) 3.1 2.6 2.1 3.3 3.1 Earnings per Share (cents) 16.6 12.0 8.6 12.3 11.5 Cost: Expenses to Total Operating Income 40% 45% 41% 49% 45% Capital: Total Liabilities to Shareholders’ Equity (times) 3.3 2.6 2.4 2.1 2.0 BIS risk-adjusted Capital Adequacy ratio (%) 43.8 38.7 34.5 43.7 44.9 * In addition, a bonus issue is proposed in the ratio of 1 share for every 20 shares.
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