Home > BANK OF WASHTENAW > Income and Expense
BANK OF WASHTENAW, Income and Expense
| 2004-09-30 (YTD Data) | Rank | |
| Total interest income | $3,090,000 | 5,457 |
| Total interest expense | $948,000 | 4,932 |
| Net interest income | $2,142,000 | 5,559 |
| Provision for loan and lease losses | $15,000 | 6,527 |
| Total noninterest income | $201,000 | 6,665 |
| Gross Fiduciary activities income | $0 | 1,547 |
| Service charges on deposit accounts | $142,000 | 5,389 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $59,000 | 6,825 |
| Total noninterest expense | $2,096,000 | 4,854 |
| Salaries and employee benefits | $904,000 | 5,650 |
| Premises and equipment expense | $458,000 | 3,500 |
| Additional noninterest expense | $734,000 | 4,362 |
| Pre-tax net operating income | $232,000 | 7,541 |
| Securities gains (losses) | $0 | 3,710 |
| Applicable income taxes | $63,000 | 5,791 |
| Income before extraordinary items | $169,000 | 7,664 |
| Extraordinary gains, net | $0 | 26 |
| Net income | $169,000 | 7,664 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $6,000 | 5,778 |
| Cash dividends | $0 | 5,363 |
| Sale, conversion, retirement of capital stock, net | $0 | 738 |
| Net operating income | $169,000 | 7,610 |
| 2004-06-30 (YTD Data) | Rank | |
| Total interest income | $2,006,000 | 5,544 |
| Total interest expense | $644,000 | 4,891 |
| Net interest income | $1,362,000 | 5,718 |
| Provision for loan and lease losses | $0 | 6,885 |
| Total noninterest income | $143,000 | 6,576 |
| Gross Fiduciary activities income | $0 | 1,518 |
| Service charges on deposit accounts | $95,000 | 5,380 |
| Trading account gains and fees | $0 | 130 |
| Additional Noninterest Income | $48,000 | 6,492 |
| Total noninterest expense | $1,392,000 | 4,903 |
| Salaries and employee benefits | $592,000 | 5,736 |
| Premises and equipment expense | $313,000 | 3,429 |
| Additional noninterest expense | $487,000 | 4,395 |
| Pre-tax net operating income | $113,000 | 7,816 |
| Securities gains (losses) | $0 | 3,413 |
| Applicable income taxes | $39,000 | 5,843 |
| Income before extraordinary items | $74,000 | 8,042 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $74,000 | 8,044 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,000 | 5,407 |
| Cash dividends | $0 | 5,087 |
| Sale, conversion, retirement of capital stock, net | $0 | 638 |
| Net operating income | $74,000 | 7,982 |
| 2004-03-31 (YTD Data) | Rank | |
| Total interest income | $1,003,000 | 5,567 |
| Total interest expense | $343,000 | 4,766 |
| Net interest income | $660,000 | 5,825 |
| Provision for loan and lease losses | $0 | 6,501 |
| Total noninterest income | $77,000 | 6,377 |
| Gross Fiduciary activities income | $0 | 1,441 |
| Service charges on deposit accounts | $44,000 | 5,481 |
| Trading account gains and fees | $0 | 121 |
| Additional Noninterest Income | $33,000 | 5,928 |
| Total noninterest expense | $691,000 | 4,967 |
| Salaries and employee benefits | $298,000 | 5,754 |
| Premises and equipment expense | $160,000 | 3,415 |
| Additional noninterest expense | $233,000 | 4,555 |
| Pre-tax net operating income | $46,000 | 7,970 |
| Securities gains (losses) | $0 | 2,934 |
| Applicable income taxes | $16,000 | 5,956 |
| Income before extraordinary items | $30,000 | 8,155 |
| Extraordinary gains, net | $0 | 16 |
| Net income | $30,000 | 8,156 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 5,097 |
| Cash dividends | $0 | 3,841 |
| Sale, conversion, retirement of capital stock, net | $0 | 464 |
| Net operating income | $30,000 | 8,087 |
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $3,962,000 | 5,676 |
| Total interest expense | $1,361,000 | 5,185 |
| Net interest income | $2,601,000 | 5,776 |
| Provision for loan and lease losses | $213,000 | 3,911 |
| Total noninterest income | $401,000 | 5,958 |
| Gross Fiduciary activities income | $0 | 1,641 |
| Service charges on deposit accounts | $193,000 | 5,333 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $208,000 | 5,211 |
| Total noninterest expense | $2,938,000 | 4,668 |
| Salaries and employee benefits | $1,272,000 | 5,430 |
| Premises and equipment expense | $699,000 | 3,084 |
| Additional noninterest expense | $967,000 | 4,386 |
| Pre-tax net operating income | $-149,000 | 8,662 |
| Securities gains (losses) | $0 | 4,500 |
| Applicable income taxes | $-49,000 | 8,869 |
| Income before extraordinary items | $-100,000 | 8,721 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $-100,000 | 8,725 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $34,000 | 5,558 |
| Cash dividends | $0 | 6,283 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $-100,000 | 8,649 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $2,906,000 | 5,829 |
| Total interest expense | $1,001,000 | 5,384 |
| Net interest income | $1,905,000 | 5,880 |
| Provision for loan and lease losses | $164,000 | 3,748 |
| Total noninterest income | $342,000 | 5,723 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $151,000 | 5,283 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $191,000 | 4,895 |
| Total noninterest expense | $2,189,000 | 4,671 |
| Salaries and employee benefits | $978,000 | 5,327 |
| Premises and equipment expense | $525,000 | 3,086 |
| Additional noninterest expense | $686,000 | 4,528 |
| Pre-tax net operating income | $-106,000 | 8,760 |
| Securities gains (losses) | $0 | 4,204 |
| Applicable income taxes | $-35,000 | 8,993 |
| Income before extraordinary items | $-71,000 | 8,812 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $-71,000 | 8,813 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 5,021 |
| Cash dividends | $0 | 5,519 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $-71,000 | 8,742 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $1,881,000 | 5,939 |
| Total interest expense | $665,000 | 5,503 |
| Net interest income | $1,216,000 | 6,029 |
| Provision for loan and lease losses | $115,000 | 3,633 |
| Total noninterest income | $226,000 | 5,721 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $97,000 | 5,350 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $129,000 | 4,858 |
| Total noninterest expense | $1,402,000 | 4,807 |
| Salaries and employee benefits | $618,000 | 5,517 |
| Premises and equipment expense | $350,000 | 3,074 |
| Additional noninterest expense | $434,000 | 4,714 |
| Pre-tax net operating income | $-75,000 | 8,796 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $-25,000 | 9,044 |
| Income before extraordinary items | $-50,000 | 8,861 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $-50,000 | 8,862 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $27,000 | 4,226 |
| Cash dividends | $0 | 5,215 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $-50,000 | 8,768 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $920,000 | 6,028 |
| Total interest expense | $343,000 | 5,500 |
| Net interest income | $577,000 | 6,180 |
| Provision for loan and lease losses | $60,000 | 3,248 |
| Total noninterest income | $108,000 | 5,715 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $49,000 | 5,240 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $59,000 | 4,952 |
| Total noninterest expense | $671,000 | 4,944 |
| Salaries and employee benefits | $296,000 | 5,665 |
| Premises and equipment expense | $177,000 | 3,056 |
| Additional noninterest expense | $198,000 | 4,993 |
| Pre-tax net operating income | $-46,000 | 8,880 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $-15,000 | 9,098 |
| Income before extraordinary items | $-31,000 | 8,911 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $-31,000 | 8,908 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 2,840 |
| Cash dividends | $0 | 3,930 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $-31,000 | 8,813 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $3,125,000 | 6,728 |
| Total interest expense | $1,385,000 | 5,966 |
| Net interest income | $1,740,000 | 7,054 |
| Provision for loan and lease losses | $286,000 | 3,574 |
| Total noninterest income | $350,000 | 6,101 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $214,000 | 5,052 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $136,000 | 5,810 |
| Total noninterest expense | $2,609,000 | 4,938 |
| Salaries and employee benefits | $1,136,000 | 5,686 |
| Premises and equipment expense | $740,000 | 2,858 |
| Additional noninterest expense | $733,000 | 5,251 |
| Pre-tax net operating income | $-805,000 | 9,080 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $-263,000 | 9,168 |
| Income before extraordinary items | $-542,000 | 9,052 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $-542,000 | 9,050 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $34,000 | 5,760 |
| Cash dividends | $0 | 6,377 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $-542,000 | 9,011 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $2,119,000 | 8,095 |
| Total interest expense | $1,139,000 | 7,723 |
| Net interest income | $980,000 | 8,328 |
| Provision for loan and lease losses | $172,000 | 4,506 |
| Total noninterest income | $209,000 | 7,223 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $138,000 | 5,971 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $71,000 | 7,088 |
| Total noninterest expense | $2,200,000 | 5,388 |
| Salaries and employee benefits | $811,000 | 6,729 |
| Premises and equipment expense | $556,000 | 3,578 |
| Additional noninterest expense | $833,000 | 4,662 |
| Pre-tax net operating income | $-1,183,000 | 9,402 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $-400,000 | 9,473 |
| Income before extraordinary items | $-783,000 | 9,340 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $-783,000 | 9,341 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,000 | 7,531 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $-783,000 | 9,312 |
* 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.