Home > Bank of Mecklenburg > Income and Expense
Bank of Mecklenburg, Income and Expense
1999-12-31 (YTD Data) | Rank | |
Total interest income | $17,385,000 | 1,868 |
Total interest expense | $9,504,000 | 1,579 |
Net interest income | $7,881,000 | 2,230 |
Provision for loan and lease losses | $352,000 | 2,341 |
Total noninterest income | $574,000 | 4,561 |
Gross Fiduciary activities income | $0 | 1,380 |
Service charges on deposit accounts | $269,000 | 4,306 |
Trading account gains and fees | $0 | 173 |
Additional Noninterest Income | $305,000 | 3,984 |
Total noninterest expense | $2,786,000 | 4,490 |
Salaries and employee benefits | $896,000 | 6,330 |
Premises and equipment expense | $516,000 | 3,666 |
Additional noninterest expense | $1,374,000 | 3,082 |
Pre-tax net operating income | $5,317,000 | 1,429 |
Securities gains (losses) | $141,000 | 630 |
Applicable income taxes | $1,969,000 | 1,247 |
Income before extraordinary items | $3,489,000 | 1,533 |
Extraordinary gains, net | $0 | 35 |
Net income | $3,489,000 | 1,534 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $92,000 | 3,732 |
Cash dividends | $5,963,000 | 584 |
Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
Net operating income | $3,398,760 | 1,541 |
1998-12-31 (YTD Data) | Rank | |
Total interest income | $16,885,000 | 1,911 |
Total interest expense | $9,884,000 | 1,545 |
Net interest income | $7,001,000 | 2,422 |
Provision for loan and lease losses | $563,000 | 1,574 |
Total noninterest income | $345,000 | 6,052 |
Gross Fiduciary activities income | $0 | 1,398 |
Service charges on deposit accounts | $182,000 | 5,405 |
Trading account gains and fees | $0 | 224 |
Additional Noninterest Income | $163,000 | 5,471 |
Total noninterest expense | $3,092,000 | 4,012 |
Salaries and employee benefits | $1,158,000 | 5,213 |
Premises and equipment expense | $529,000 | 3,533 |
Additional noninterest expense | $1,405,000 | 2,946 |
Pre-tax net operating income | $3,691,000 | 1,966 |
Securities gains (losses) | $124,000 | 1,156 |
Applicable income taxes | $1,309,000 | 1,841 |
Income before extraordinary items | $2,506,000 | 2,080 |
Extraordinary gains, net | $0 | 32 |
Net income | $2,506,000 | 2,079 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $203,000 | 2,421 |
Cash dividends | $1,015,000 | 2,179 |
Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
Net operating income | $2,424,160 | 2,086 |
1997-12-31 (YTD Data) | Rank | |
Total interest income | $19,154,000 | 1,721 |
Total interest expense | $13,102,000 | 1,218 |
Net interest income | $6,052,000 | 2,884 |
Provision for loan and lease losses | $432,000 | 1,979 |
Total noninterest income | $806,000 | 3,552 |
Gross Fiduciary activities income | $0 | 1,450 |
Service charges on deposit accounts | $137,000 | 6,415 |
Trading account gains and fees | $681,000 | 96 |
Additional Noninterest Income | $-12,000 | 10,938 |
Total noninterest expense | $4,824,000 | 2,656 |
Salaries and employee benefits | $1,676,000 | 3,878 |
Premises and equipment expense | $526,000 | 3,548 |
Additional noninterest expense | $2,622,000 | 1,629 |
Pre-tax net operating income | $1,602,000 | 4,236 |
Securities gains (losses) | $824,000 | 316 |
Applicable income taxes | $903,000 | 2,652 |
Income before extraordinary items | $1,523,000 | 3,317 |
Extraordinary gains, net | $0 | 44 |
Net income | $1,523,000 | 3,317 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $20,000 | 6,572 |
Cash dividends | $451,000 | 3,688 |
Sale, conversion, retirement of capital stock, net | $566,000 | 521 |
Net operating income | $995,640 | 4,661 |
1996-12-31 (YTD Data) | Rank | |
Total interest income | $17,093,000 | 1,974 |
Total interest expense | $11,833,000 | 1,370 |
Net interest income | $5,260,000 | 3,368 |
Provision for loan and lease losses | $230,000 | 3,114 |
Total noninterest income | $1,456,000 | 2,349 |
Gross Fiduciary activities income | $0 | 1,526 |
Service charges on deposit accounts | $139,000 | 6,678 |
Trading account gains and fees | $0 | 262 |
Additional Noninterest Income | $1,317,000 | 1,498 |
Total noninterest expense | $3,430,000 | 3,845 |
Salaries and employee benefits | $1,540,000 | 4,217 |
Premises and equipment expense | $479,000 | 3,907 |
Additional noninterest expense | $1,411,000 | 3,288 |
Pre-tax net operating income | $3,056,000 | 2,335 |
Securities gains (losses) | $-48,000 | 11,022 |
Applicable income taxes | $1,089,000 | 2,174 |
Income before extraordinary items | $1,919,000 | 2,537 |
Extraordinary gains, net | $0 | 53 |
Net income | $1,919,000 | 2,539 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $28,000 | 6,265 |
Cash dividends | $254,000 | 4,907 |
Sale, conversion, retirement of capital stock, net | $0 | 953 |
Net operating income | $1,949,720 | 2,460 |
1995-12-31 (YTD Data) | Rank | |
Total interest income | $11,483,000 | 2,899 |
Total interest expense | $7,129,000 | 2,176 |
Net interest income | $4,354,000 | 4,020 |
Provision for loan and lease losses | $95,000 | 4,744 |
Total noninterest income | $185,000 | 8,675 |
Gross Fiduciary activities income | $0 | 1,590 |
Service charges on deposit accounts | $117,000 | 7,374 |
Trading account gains and fees | $0 | 522 |
Additional Noninterest Income | $68,000 | 8,433 |
Total noninterest expense | $2,884,000 | 4,432 |
Salaries and employee benefits | $1,303,000 | 4,850 |
Premises and equipment expense | $467,000 | 3,978 |
Additional noninterest expense | $1,114,000 | 3,992 |
Pre-tax net operating income | $1,560,000 | 4,311 |
Securities gains (losses) | $197,000 | 674 |
Applicable income taxes | $501,000 | 4,192 |
Income before extraordinary items | $1,256,000 | 3,797 |
Extraordinary gains, net | $0 | 65 |
Net income | $1,256,000 | 3,794 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $22,000 | 6,500 |
Cash dividends | $254,000 | 4,921 |
Sale, conversion, retirement of capital stock, net | $24,000 | 706 |
Net operating income | $1,116,130 | 4,179 |
1994-12-31 (YTD Data) | Rank | |
Total interest income | $7,561,000 | 3,938 |
Total interest expense | $3,752,000 | 3,258 |
Net interest income | $3,809,000 | 4,574 |
Provision for loan and lease losses | $49,000 | 6,214 |
Total noninterest income | $165,000 | 9,413 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $118,000 | 7,644 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $47,000 | 9,769 |
Total noninterest expense | $2,403,000 | 5,343 |
Salaries and employee benefits | $1,125,000 | 5,547 |
Premises and equipment expense | $423,000 | 4,379 |
Additional noninterest expense | $855,000 | 5,402 |
Pre-tax net operating income | $1,522,000 | 4,364 |
Securities gains (losses) | $-67,000 | 11,264 |
Applicable income taxes | $453,000 | 4,366 |
Income before extraordinary items | $1,002,000 | 4,541 |
Extraordinary gains, net | $0 | 249 |
Net income | $1,002,000 | 4,542 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $6,000 | 7,944 |
Cash dividends | $201,000 | 5,394 |
Sale, conversion, retirement of capital stock, net | $385,000 | 586 |
Net operating income | $1,048,230 | 4,420 |
1993-12-31 (YTD Data) | Rank | |
Total interest income | $5,785,000 | 5,121 |
Total interest expense | $2,591,000 | 4,660 |
Net interest income | $3,194,000 | 5,366 |
Provision for loan and lease losses | $125,000 | 5,103 |
Total noninterest income | $160,000 | 10,014 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $112,000 | 8,052 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $48,000 | 10,209 |
Total noninterest expense | $2,260,000 | 5,742 |
Salaries and employee benefits | $1,020,000 | 6,019 |
Premises and equipment expense | $409,000 | 4,628 |
Additional noninterest expense | $831,000 | 5,749 |
Pre-tax net operating income | $969,000 | 6,029 |
Securities gains (losses) | $-1,000 | 12,247 |
Applicable income taxes | $364,000 | 5,349 |
Income before extraordinary items | $604,000 | 6,746 |
Extraordinary gains, net | $76,000 | 1,827 |
Net income | $680,000 | 6,413 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $42,000 | 6,409 |
Cash dividends | $0 | 9,081 |
Sale, conversion, retirement of capital stock, net | $-1,000 | 13,133 |
Net operating income | $604,640 | 6,504 |
1992-12-31 (YTD Data) | Rank | |
Total interest income | $5,174,000 | 6,209 |
Total interest expense | $2,585,000 | 5,821 |
Net interest income | $2,589,000 | 6,421 |
Provision for loan and lease losses | $215,000 | 5,039 |
Total noninterest income | $92,000 | 11,937 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $82,000 | 9,107 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $10,000 | 13,358 |
Total noninterest expense | $2,076,000 | 6,194 |
Salaries and employee benefits | $960,000 | 6,264 |
Premises and equipment expense | $404,000 | 4,758 |
Additional noninterest expense | $712,000 | 6,678 |
Pre-tax net operating income | $390,000 | 9,334 |
Securities gains (losses) | $0 | 8,369 |
Applicable income taxes | $87,000 | 10,252 |
Income before extraordinary items | $303,000 | 9,276 |
Extraordinary gains, net | $41,000 | 1,051 |
Net income | $344,000 | 8,922 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $85,000 | 6,313 |
Cash dividends | $0 | 8,912 |
Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
Net operating income | $303,000 | 8,900 |
* 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.