Year Ended December 31, (in thousands, except per share data) 2000 1999 1998 1997 1996 Statement of Operations Data: Net interest income: Total interest income $ 147,079 $ 119,458 $ 163,658 $ 109,533 $ 63,673 Total interest expense 124,096 89,795 121,695 76,577 44,144 Net interest income 22,983 29,663 41,963 32,956 19,529 Provision for loan losses 18,839 5,547 4,361 6,843 4,350 Net interest income after loan loss provision 4,144 24,116 37,602 26,113 15,179 Non-interest income: Equity in net earnings (loss) of IFC (1,762) 4,292 (13,876) 8,316 903 Equity in net loss of ICH – – (998) (239) –  Loss on sale of mortgage loans – – (3,111) – –  Gain on sale of securities – 93 427 648 –  Other income 4,275 2,517 4,019 1,601 593 Total non-interest income 2,513 6,902 (13,539) 10,326 1,496 Non-interest expense: Write-down on securities available-for-sale 53,576 2,037 14,132 – – General and administrative and other operating expense 7,314 6,664 6,788 1,851 1,449 Loss on equity investment of ICH – – 9,076 – – Advisory fees – – – 6,242 3,347 Termination agreement expense – – – 44,375 –  Total non-interest expense 60,890 8,701 29,996 52,468 4,796 Net earnings (loss) $ (54,233) $ 22,317 $ (5,933) $ (16,029) $ 11,879 Net earnings (loss) per share – basic $ (2.70) $ 0.83 $ (0.25) $ (0.99) $ 1.34 Net earnings (loss) per share – diluted $ (2.70) $ 0.76 $ (0.25) $ (0.99) $ 1.32 Dividends declared per share $ 0.36 $ 0.48 $ 1.46 $ 1.68 $ 1.61 Net earnings (loss) per share before  management termination expense  (1) $ (2.70) $ 0.76 $ (0.25) $ 1.74 $ 1.32 (1) Per share amounts exclude the effect of expenses related to the termination  in December 1997 (the “Termination Agreement Expense”) of the Company’s  Management Agreement with Imperial Credit Advisors, Inc. (“ICAI”), an  affiliate of Imperial Credit Industries, Inc. (“ICII”). 38. The Impac Companies – Selected Consolidated Financial Data SELECTED  CONSOLIDATED FINANCIAL DATA