Home > F&M Bank-Algoma > Income and Expense
F&M Bank-Algoma, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $6,310,000 | 4,786 |
| Total interest expense | $3,246,000 | 4,313 |
| Net interest income | $3,064,000 | 5,081 |
| Provision for loan and lease losses | $500,000 | 1,756 |
| Total noninterest income | $358,000 | 5,938 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $163,000 | 5,633 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $195,000 | 4,999 |
| Total noninterest expense | $2,133,000 | 5,425 |
| Salaries and employee benefits | $1,093,000 | 5,531 |
| Premises and equipment expense | $261,000 | 5,901 |
| Additional noninterest expense | $779,000 | 4,895 |
| Pre-tax net operating income | $789,000 | 5,972 |
| Securities gains (losses) | $-18,000 | 9,513 |
| Applicable income taxes | $77,000 | 7,230 |
| Income before extraordinary items | $694,000 | 5,486 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $694,000 | 5,483 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $52,000 | 4,770 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $710,200 | 5,384 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $5,101,000 | 5,611 |
| Total interest expense | $2,582,000 | 5,245 |
| Net interest income | $2,519,000 | 5,827 |
| Provision for loan and lease losses | $177,000 | 3,833 |
| Total noninterest income | $325,000 | 6,253 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $107,000 | 6,731 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $218,000 | 4,743 |
| Total noninterest expense | $1,442,000 | 6,847 |
| Salaries and employee benefits | $731,000 | 7,017 |
| Premises and equipment expense | $137,000 | 7,934 |
| Additional noninterest expense | $574,000 | 5,918 |
| Pre-tax net operating income | $1,225,000 | 4,817 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $254,000 | 5,612 |
| Income before extraordinary items | $971,000 | 4,618 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $971,000 | 4,618 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $75,000 | 4,179 |
| Cash dividends | $300,000 | 4,531 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $971,000 | 4,514 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $4,378,000 | 6,326 |
| Total interest expense | $2,274,000 | 5,755 |
| Net interest income | $2,104,000 | 6,708 |
| Provision for loan and lease losses | $160,000 | 3,978 |
| Total noninterest income | $190,000 | 7,963 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $92,000 | 7,377 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $98,000 | 6,853 |
| Total noninterest expense | $1,368,000 | 7,126 |
| Salaries and employee benefits | $669,000 | 7,495 |
| Premises and equipment expense | $134,000 | 8,154 |
| Additional noninterest expense | $565,000 | 6,016 |
| Pre-tax net operating income | $766,000 | 6,701 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $92,000 | 8,530 |
| Income before extraordinary items | $674,000 | 6,000 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $674,000 | 6,002 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $36,000 | 5,655 |
| Cash dividends | $150,000 | 5,875 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $674,000 | 5,957 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $3,568,000 | 7,306 |
| Total interest expense | $1,674,000 | 7,152 |
| Net interest income | $1,894,000 | 7,362 |
| Provision for loan and lease losses | $44,000 | 6,866 |
| Total noninterest income | $142,000 | 9,141 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $74,000 | 8,175 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $68,000 | 8,163 |
| Total noninterest expense | $1,434,000 | 7,300 |
| Salaries and employee benefits | $699,000 | 7,537 |
| Premises and equipment expense | $110,000 | 9,028 |
| Additional noninterest expense | $625,000 | 6,198 |
| Pre-tax net operating income | $558,000 | 7,638 |
| Securities gains (losses) | $17,000 | 2,110 |
| Applicable income taxes | $52,000 | 9,663 |
| Income before extraordinary items | $523,000 | 6,742 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $523,000 | 6,745 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $56,000 | 5,074 |
| Cash dividends | $4,213,000 | 749 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $507,530 | 6,789 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $3,496,000 | 7,556 |
| Total interest expense | $1,594,000 | 7,433 |
| Net interest income | $1,903,000 | 7,524 |
| Provision for loan and lease losses | $54,000 | 6,067 |
| Total noninterest income | $136,000 | 9,549 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $77,000 | 8,390 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $59,000 | 8,803 |
| Total noninterest expense | $1,215,000 | 8,159 |
| Salaries and employee benefits | $643,000 | 8,098 |
| Premises and equipment expense | $93,000 | 9,830 |
| Additional noninterest expense | $479,000 | 7,436 |
| Pre-tax net operating income | $769,000 | 6,967 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $140,000 | 8,451 |
| Income before extraordinary items | $629,000 | 6,435 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $629,000 | 6,433 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $84,000 | 4,113 |
| Cash dividends | $304,000 | 4,460 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $629,000 | 6,422 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,208,000 | 7,745 |
| Total interest expense | $1,309,000 | 7,521 |
| Net interest income | $1,899,000 | 7,806 |
| Provision for loan and lease losses | $20,000 | 7,754 |
| Total noninterest income | $123,000 | 10,236 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $72,000 | 8,938 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $51,000 | 9,565 |
| Total noninterest expense | $1,204,000 | 8,585 |
| Salaries and employee benefits | $618,000 | 8,496 |
| Premises and equipment expense | $81,000 | 10,622 |
| Additional noninterest expense | $505,000 | 7,794 |
| Pre-tax net operating income | $798,000 | 6,879 |
| Securities gains (losses) | $20,000 | 1,779 |
| Applicable income taxes | $146,000 | 8,391 |
| Income before extraordinary items | $672,000 | 6,080 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $672,000 | 6,096 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $73,000 | 4,348 |
| Cash dividends | $306,000 | 4,389 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $655,600 | 6,257 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,400,000 | 7,675 |
| Total interest expense | $1,449,000 | 7,378 |
| Net interest income | $1,951,000 | 7,827 |
| Provision for loan and lease losses | $40,000 | 7,927 |
| Total noninterest income | $124,000 | 10,752 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $72,000 | 9,272 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $52,000 | 9,987 |
| Total noninterest expense | $1,127,000 | 9,214 |
| Salaries and employee benefits | $599,000 | 8,814 |
| Premises and equipment expense | $74,000 | 11,370 |
| Additional noninterest expense | $454,000 | 8,683 |
| Pre-tax net operating income | $908,000 | 6,310 |
| Securities gains (losses) | $118,000 | 2,274 |
| Applicable income taxes | $291,000 | 6,186 |
| Income before extraordinary items | $735,000 | 5,906 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $735,000 | 6,062 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-9,000 | 11,674 |
| Cash dividends | $241,000 | 4,968 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $650,040 | 6,186 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,827,000 | 7,730 |
| Total interest expense | $1,828,000 | 7,543 |
| Net interest income | $1,999,000 | 7,773 |
| Provision for loan and lease losses | $165,000 | 5,823 |
| Total noninterest income | $130,000 | 10,919 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $72,000 | 9,486 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $58,000 | 9,916 |
| Total noninterest expense | $1,140,000 | 9,324 |
| Salaries and employee benefits | $594,000 | 8,855 |
| Premises and equipment expense | $70,000 | 11,871 |
| Additional noninterest expense | $476,000 | 8,683 |
| Pre-tax net operating income | $824,000 | 6,455 |
| Securities gains (losses) | $60,000 | 3,829 |
| Applicable income taxes | $247,000 | 6,708 |
| Income before extraordinary items | $637,000 | 6,315 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $637,000 | 6,383 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $140,000 | 5,062 |
| Cash dividends | $186,000 | 5,265 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $593,800 | 6,266 |
* 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.