from 8-K
1 page
<page> 1 Exhibit 1 St. Paul Bancorp, Inc. Consolidated Statement of Income (Dollars in Thousands, Except Share Amounts) <table> <caption> for the Month Ending July 31, 1998 <s> <c> Interest Income $ 30,029 Interest Expense 17,004 Net Interest Income 13,025 Provision for Loan Losses 2,500 Net Interest Income After Provision for Loan Losses 10,525 Other Operating Income: Income From Real Estate Operations 191 Net Gain on Assets Sold 245 Other Income 4,429 Total Other Operating Income 4,865 Pooling Transaction Charge 9,025 Other Operating Expenses 11,217 Total Operating Expenses 20,242 Loss From Foreclosed Real Estate Operations (10) Net Loss Before Taxes (4,862) Income Tax Benefit (805) Net Loss $ (4,057) ============ Loss Per Share $ (0.10) Period-End Shares Outstanding 40,595,767 </Table> Consolidated Statement of Financial Condition (Dollars in Thousands, Except Per Share Amount) <table> <caption> as of July 31, 1998 <s> <c> Assets: Cash and Cash Equivalents $ 307,356 Marketable Debt and Equity Securities 240,356 Mortgage-Backed Securities 749,414 Loans Receivable (Including Held for Sale) 3,890,038 Allowance for Loan and Reo Losses (40,929) Other Assets 202,454 Total Assets $ 5,348,689 Liabilities and Stockholders' Equity: Deposits $ 3,880,555 Borrowings 868,394 Other Liabilities 96,758 Equity 502,982 Total Liabilities and Stockholders' Equity $ 5,348,689 Book Value Per Share $ 12.39 </Table> 4
