Profit after tax for the Stafford Railway Building Society for the year was £ 1,256,000 as
against £753,000 the previous year. A £280,000 charge for the fscs levy was included.
During the year the Stafford Railway Building Society lent £30.160 million
to borrowers. £28.4 million was advanced on 350 new mortgages and £1.7 million on 84 further advances. At
the end of the year the society had 1 properties in possession and a further 2 where the arrears were 12 months or more.