eTrade 2002 Annual Report Download - page 54

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Return on average total banking
assets 0.79 %
0.43 %
(0.39 )
%
Return on average total banking
assets, as adjusted(3) 0.79 %
0.53 %
(0.08 )
%
Return on average equity 14.77 %
7.82 %
(5.15 )
%
Return on average equity, as
adjusted(3) 14.77 %
9.46 %
(1.10 )
%
Equity to total banking assets 5.36 %
5.55 %
7.59 %
(1) Nonaccrual loans are included in the respective average loan balances. Income on such nonaccrual loans is recognized on a cash basis.
(2) Amount includes a taxable equivalent increase in interest income of $0.3 million in fiscal 2002 and none in fiscal 2001 and fiscal 2000.
(3) Ratios calculated by excluding Employee Stock Ownership Plan, merger related and restructuring costs of none, $11.7 million (net of tax) and $20.4 million (net of tax) for fiscal 2002, fiscal 2001 and
fiscal 2000, respectively.
35
2003. EDGAR Online, Inc.