SOVEREIGN BANCORP INC
10-Q, EX-27, 2000-08-14
SAVINGS INSTITUTION, FEDERALLY CHARTERED
Previous: SOVEREIGN BANCORP INC, 10-Q, 2000-08-14
Next: MICHAEL FOODS INC, 10-Q, 2000-08-14



<TABLE> <S> <C>


<ARTICLE>                                            9
<MULTIPLIER>                                    1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                         824,369
<INT-BEARING-DEPOSITS>                         334,242
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  6,682,629
<INVESTMENTS-CARRYING>                       2,245,649
<INVESTMENTS-MARKET>                         2,231,539
<LOANS>                                     21,380,579
<ALLOWANCE>                                   (200,711)
<TOTAL-ASSETS>                              35,860,073
<DEPOSITS>                                  20,024,978
<SHORT-TERM>                                 9,739,214
<LIABILITIES-OTHER>                            545,836
<LONG-TERM>                                  3,698,873
                                0
                                          0
<COMMON>                                     1,256,900
<OTHER-SE>                                     594,272
<TOTAL-LIABILITIES-AND-EQUITY>              35,860,073
<INTEREST-LOAN>                                670,143
<INTEREST-INVEST>                              359,331
<INTEREST-OTHER>                                     0
<INTEREST-TOTAL>                             1,029,474
<INTEREST-DEPOSIT>                             282,144
<INTEREST-EXPENSE>                             683,408
<INTEREST-INCOME-NET>                          346,066
<LOAN-LOSSES>                                   18,000
<SECURITIES-GAINS>                             (81,088)
<EXPENSE-OTHER>                                 48,172
<INCOME-PRETAX>                                (32,543)
<INCOME-PRE-EXTRAORDINARY>                     (21,777)
<EXTRAORDINARY>                                 10,775
<CHANGES>                                            0
<NET-INCOME>                                   (11,002)
<EPS-BASIC>                                      (0.05)
<EPS-DILUTED>                                    (0.05)
<YIELD-ACTUAL>                                       0
<LOANS-NON>                                    103,210
<LOANS-PAST>                                    12,215
<LOANS-TROUBLED>                                 3,755
<LOANS-PROBLEM>                                148,499
<ALLOWANCE-OPEN>                               132,986
<CHARGE-OFFS>                                   28,018
<RECOVERIES>                                     9,885
<ALLOWANCE-CLOSE>                              200,711
<ALLOWANCE-DOMESTIC>                           190,125
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                         10,586


</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission