Page 4 - The Northern Trust Company

The Northern
The Northern Trust Trust Company
Definition Dollar figures in thousands Company Chicago, IL
Chicago, IL
December 31, 2017 December 31,
2016
Income and Expense (Year-to-date) (Year-to-date)
1 Number of institutions reporting 1 1
1,770,856 1,419,575
2 Total interest income
322,258 158,317
3 Total interest expense
4 Net interest income 1,448,598 1,261,258
5 Provision for loan and lease losses -19,605 -17,485
6 Total noninterest income 3,808,519 3,597,447

Fiduciary activities 3,337,374 3,023,990
7
Service charges on deposit accounts 65,173 72,250
8
227,888 255,792
9 Trading account gains & fees
178,084 245,415
10 Additional noninterest income
11 Total noninterest expense 3,652,277 3,371,307
Salaries and employee benefits 1,996,943 1,784,705
12
Premises and equipment expense 293,123 265,603
13
1,362,211 1,320,999
14 Additional noninterest expense
15 Pre-tax net operating income 1,624,445 1,504,883
16 Securities gains (losses) -1,573 -3,167
17 Applicable income taxes 465,040 493,152
Income before extraordinary items 1,157,832 1,008,564
18
19 Discontinued operations (Extraordinary gains - net)* 0 0
20 Net income attributable to bank 1,157,600 1,008,358
21 Net income attributable to noncontrolling interests 232 206

22 Net income attributable to bank and noncontrolling 1,157,832 1,008,564
interests
10,090 15,164
23 Net charge-offs
525,000 300,000
24 Cash dividends
25 Sale, conversion, retirement of capital stock, net 0 0
Net operating income 1,158,949 1,010,686
26