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Independent Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $12,731,000 | 2,581 |
| Total interest expense | $5,677,000 | 2,631 |
| Net interest income | $7,054,000 | 2,456 |
| Provision for loan and lease losses | $1,315,000 | 801 |
| Total noninterest income | $1,370,000 | 2,373 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $863,000 | 1,497 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $507,000 | 2,798 |
| Total noninterest expense | $5,282,000 | 2,441 |
| Salaries and employee benefits | $2,621,000 | 2,526 |
| Premises and equipment expense | $802,000 | 2,420 |
| Additional noninterest expense | $1,859,000 | 2,241 |
| Pre-tax net operating income | $1,827,000 | 3,811 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $654,000 | 3,436 |
| Income before extraordinary items | $1,173,000 | 4,137 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,173,000 | 4,137 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $375,000 | 1,677 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $1,800,000 | 389 |
| Net operating income | $1,173,000 | 4,077 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $8,794,000 | 3,689 |
| Total interest expense | $3,847,000 | 3,853 |
| Net interest income | $4,947,000 | 3,562 |
| Provision for loan and lease losses | $655,000 | 1,398 |
| Total noninterest income | $1,145,000 | 2,785 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $720,000 | 1,886 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $425,000 | 3,273 |
| Total noninterest expense | $3,766,000 | 3,529 |
| Salaries and employee benefits | $1,875,000 | 3,536 |
| Premises and equipment expense | $514,000 | 3,690 |
| Additional noninterest expense | $1,377,000 | 3,354 |
| Pre-tax net operating income | $1,671,000 | 3,992 |
| Securities gains (losses) | $-3,000 | 9,684 |
| Applicable income taxes | $596,000 | 3,610 |
| Income before extraordinary items | $1,072,000 | 4,236 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,072,000 | 4,237 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $351,000 | 1,852 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $552,000 | 453 |
| Net operating income | $1,073,920 | 4,171 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,850,000 | 5,312 |
| Total interest expense | $2,475,000 | 5,620 |
| Net interest income | $3,375,000 | 5,007 |
| Provision for loan and lease losses | $201,000 | 2,982 |
| Total noninterest income | $697,000 | 4,098 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $484,000 | 2,800 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $213,000 | 4,944 |
| Total noninterest expense | $2,646,000 | 4,752 |
| Salaries and employee benefits | $1,315,000 | 4,811 |
| Premises and equipment expense | $310,000 | 5,489 |
| Additional noninterest expense | $1,021,000 | 4,281 |
| Pre-tax net operating income | $1,225,000 | 5,177 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $435,000 | 4,647 |
| Income before extraordinary items | $790,000 | 5,494 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $790,000 | 5,492 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $216,000 | 2,379 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $613,000 | 348 |
| Net operating income | $790,000 | 5,472 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,303,000 | 9,258 |
| Total interest expense | $791,000 | 9,648 |
| Net interest income | $1,512,000 | 8,854 |
| Provision for loan and lease losses | $95,000 | 4,682 |
| Total noninterest income | $306,000 | 7,177 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $200,000 | 5,872 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $106,000 | 7,329 |
| Total noninterest expense | $1,008,000 | 9,311 |
| Salaries and employee benefits | $483,000 | 9,546 |
| Premises and equipment expense | $115,000 | 9,543 |
| Additional noninterest expense | $410,000 | 8,730 |
| Pre-tax net operating income | $715,000 | 7,311 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $254,000 | 6,467 |
| Income before extraordinary items | $461,000 | 7,607 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $461,000 | 7,615 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $139,000 | 3,108 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $400,000 | 579 |
| Net operating income | $461,000 | 7,660 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,821,000 | 10,551 |
| Total interest expense | $627,000 | 10,985 |
| Net interest income | $1,194,000 | 10,080 |
| Provision for loan and lease losses | $135,000 | 4,908 |
| Total noninterest income | $277,000 | 7,974 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $202,000 | 5,939 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $75,000 | 8,845 |
| Total noninterest expense | $776,000 | 10,789 |
| Salaries and employee benefits | $371,000 | 10,927 |
| Premises and equipment expense | $106,000 | 10,264 |
| Additional noninterest expense | $299,000 | 10,466 |
| Pre-tax net operating income | $560,000 | 8,226 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $202,000 | 7,571 |
| Income before extraordinary items | $358,000 | 8,850 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $358,000 | 9,021 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-11,000 | 11,785 |
| Cash dividends | $200,000 | 5,372 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $358,000 | 8,596 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,788,000 | 11,334 |
| Total interest expense | $685,000 | 11,895 |
| Net interest income | $1,103,000 | 10,687 |
| Provision for loan and lease losses | $104,000 | 7,172 |
| Total noninterest income | $271,000 | 8,156 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $200,000 | 5,992 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $71,000 | 9,237 |
| Total noninterest expense | $787,000 | 11,073 |
| Salaries and employee benefits | $374,000 | 11,165 |
| Premises and equipment expense | $105,000 | 10,550 |
| Additional noninterest expense | $308,000 | 10,718 |
| Pre-tax net operating income | $483,000 | 8,527 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $175,000 | 8,076 |
| Income before extraordinary items | $308,000 | 9,207 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $308,000 | 9,342 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $90,000 | 6,172 |
| Cash dividends | $200,000 | 4,982 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $308,000 | 8,840 |
* The data above is accumulated from the beginning of the year to the date posted. The data for Dec. 31 is the number for the entire year.