Home > Bank of Mecklenburg > Income and Expense

Bank of Mecklenburg, Income and Expense

1999-12-31 (YTD Data)Rank
Total interest income$17,385,0001,868
Total interest expense$9,504,0001,579
Net interest income$7,881,0002,230
Provision for loan and lease losses$352,0002,341
Total noninterest income$574,0004,561
Gross Fiduciary activities income$01,380
Service charges on deposit accounts$269,0004,306
Trading account gains and fees$0173
Additional Noninterest Income$305,0003,984
Total noninterest expense$2,786,0004,490
Salaries and employee benefits$896,0006,330
Premises and equipment expense$516,0003,666
Additional noninterest expense$1,374,0003,082
Pre-tax net operating income$5,317,0001,429
Securities gains (losses)$141,000630
Applicable income taxes$1,969,0001,247
Income before extraordinary items$3,489,0001,533
Extraordinary gains, net$035
Net income$3,489,0001,534
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$92,0003,732
Cash dividends$5,963,000584
Sale, conversion, retirement of capital stock, net$01,035
Net operating income$3,398,7601,541
1998-12-31 (YTD Data)Rank
Total interest income$16,885,0001,911
Total interest expense$9,884,0001,545
Net interest income$7,001,0002,422
Provision for loan and lease losses$563,0001,574
Total noninterest income$345,0006,052
Gross Fiduciary activities income$01,398
Service charges on deposit accounts$182,0005,405
Trading account gains and fees$0224
Additional Noninterest Income$163,0005,471
Total noninterest expense$3,092,0004,012
Salaries and employee benefits$1,158,0005,213
Premises and equipment expense$529,0003,533
Additional noninterest expense$1,405,0002,946
Pre-tax net operating income$3,691,0001,966
Securities gains (losses)$124,0001,156
Applicable income taxes$1,309,0001,841
Income before extraordinary items$2,506,0002,080
Extraordinary gains, net$032
Net income$2,506,0002,079
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$203,0002,421
Cash dividends$1,015,0002,179
Sale, conversion, retirement of capital stock, net$01,027
Net operating income$2,424,1602,086
1997-12-31 (YTD Data)Rank
Total interest income$19,154,0001,721
Total interest expense$13,102,0001,218
Net interest income$6,052,0002,884
Provision for loan and lease losses$432,0001,979
Total noninterest income$806,0003,552
Gross Fiduciary activities income$01,450
Service charges on deposit accounts$137,0006,415
Trading account gains and fees$681,00096
Additional Noninterest Income$-12,00010,938
Total noninterest expense$4,824,0002,656
Salaries and employee benefits$1,676,0003,878
Premises and equipment expense$526,0003,548
Additional noninterest expense$2,622,0001,629
Pre-tax net operating income$1,602,0004,236
Securities gains (losses)$824,000316
Applicable income taxes$903,0002,652
Income before extraordinary items$1,523,0003,317
Extraordinary gains, net$044
Net income$1,523,0003,317
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$20,0006,572
Cash dividends$451,0003,688
Sale, conversion, retirement of capital stock, net$566,000521
Net operating income$995,6404,661
1996-12-31 (YTD Data)Rank
Total interest income$17,093,0001,974
Total interest expense$11,833,0001,370
Net interest income$5,260,0003,368
Provision for loan and lease losses$230,0003,114
Total noninterest income$1,456,0002,349
Gross Fiduciary activities income$01,526
Service charges on deposit accounts$139,0006,678
Trading account gains and fees$0262
Additional Noninterest Income$1,317,0001,498
Total noninterest expense$3,430,0003,845
Salaries and employee benefits$1,540,0004,217
Premises and equipment expense$479,0003,907
Additional noninterest expense$1,411,0003,288
Pre-tax net operating income$3,056,0002,335
Securities gains (losses)$-48,00011,022
Applicable income taxes$1,089,0002,174
Income before extraordinary items$1,919,0002,537
Extraordinary gains, net$053
Net income$1,919,0002,539
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$28,0006,265
Cash dividends$254,0004,907
Sale, conversion, retirement of capital stock, net$0953
Net operating income$1,949,7202,460
1995-12-31 (YTD Data)Rank
Total interest income$11,483,0002,899
Total interest expense$7,129,0002,176
Net interest income$4,354,0004,020
Provision for loan and lease losses$95,0004,744
Total noninterest income$185,0008,675
Gross Fiduciary activities income$01,590
Service charges on deposit accounts$117,0007,374
Trading account gains and fees$0522
Additional Noninterest Income$68,0008,433
Total noninterest expense$2,884,0004,432
Salaries and employee benefits$1,303,0004,850
Premises and equipment expense$467,0003,978
Additional noninterest expense$1,114,0003,992
Pre-tax net operating income$1,560,0004,311
Securities gains (losses)$197,000674
Applicable income taxes$501,0004,192
Income before extraordinary items$1,256,0003,797
Extraordinary gains, net$065
Net income$1,256,0003,794
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$22,0006,500
Cash dividends$254,0004,921
Sale, conversion, retirement of capital stock, net$24,000706
Net operating income$1,116,1304,179
1994-12-31 (YTD Data)Rank
Total interest income$7,561,0003,938
Total interest expense$3,752,0003,258
Net interest income$3,809,0004,574
Provision for loan and lease losses$49,0006,214
Total noninterest income$165,0009,413
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$118,0007,644
Trading account gains and feesNANA
Additional Noninterest Income$47,0009,769
Total noninterest expense$2,403,0005,343
Salaries and employee benefits$1,125,0005,547
Premises and equipment expense$423,0004,379
Additional noninterest expense$855,0005,402
Pre-tax net operating income$1,522,0004,364
Securities gains (losses)$-67,00011,264
Applicable income taxes$453,0004,366
Income before extraordinary items$1,002,0004,541
Extraordinary gains, net$0249
Net income$1,002,0004,542
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$6,0007,944
Cash dividends$201,0005,394
Sale, conversion, retirement of capital stock, net$385,000586
Net operating income$1,048,2304,420
1993-12-31 (YTD Data)Rank
Total interest income$5,785,0005,121
Total interest expense$2,591,0004,660
Net interest income$3,194,0005,366
Provision for loan and lease losses$125,0005,103
Total noninterest income$160,00010,014
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$112,0008,052
Trading account gains and feesNANA
Additional Noninterest Income$48,00010,209
Total noninterest expense$2,260,0005,742
Salaries and employee benefits$1,020,0006,019
Premises and equipment expense$409,0004,628
Additional noninterest expense$831,0005,749
Pre-tax net operating income$969,0006,029
Securities gains (losses)$-1,00012,247
Applicable income taxes$364,0005,349
Income before extraordinary items$604,0006,746
Extraordinary gains, net$76,0001,827
Net income$680,0006,413
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$42,0006,409
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$-1,00013,133
Net operating income$604,6406,504
1992-12-31 (YTD Data)Rank
Total interest income$5,174,0006,209
Total interest expense$2,585,0005,821
Net interest income$2,589,0006,421
Provision for loan and lease losses$215,0005,039
Total noninterest income$92,00011,937
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$82,0009,107
Trading account gains and feesNANA
Additional Noninterest Income$10,00013,358
Total noninterest expense$2,076,0006,194
Salaries and employee benefits$960,0006,264
Premises and equipment expense$404,0004,758
Additional noninterest expense$712,0006,678
Pre-tax net operating income$390,0009,334
Securities gains (losses)$08,369
Applicable income taxes$87,00010,252
Income before extraordinary items$303,0009,276
Extraordinary gains, net$41,0001,051
Net income$344,0008,922
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$85,0006,313
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$303,0008,900

* 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.