Home > Family Merchants Bank > Income and Expense

Family Merchants Bank, Income and Expense

2008-12-31 (YTD Data)		Rank
Total interest income	$1,998,000	7,334
Total interest expense	$1,254,000	6,341
Net interest income	$744,000	7,864
Provision for loan and lease losses	$204,000	5,180
Total noninterest income	$92,000	7,379
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$71,000	6,319
Trading account gains and fees	$0	154
Additional Noninterest Income	$21,000	7,407
Total noninterest expense	$1,453,000	6,930
Salaries and employee benefits	$526,000	7,595
Premises and equipment expense	$317,000	5,661
Additional noninterest expense	$610,000	6,190
Pre-tax net operating income	$-821,000	6,931
Securities gains (losses)	$0	3,220
Applicable income taxes	$0	4,979
Income before extraordinary items	$-821,000	6,905
Extraordinary gains, net	$0	39
Net income	$-821,000	6,908
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$219,000	3,968
Cash dividends	$0	5,455
Sale, conversion, retirement of capital stock, net	$0	1,389
Net operating income	$-821,000	7,025
2008-09-30 (YTD Data)		Rank
Total interest income	$1,543,000	7,380
Total interest expense	$968,000	6,409
Net interest income	$575,000	7,929
Provision for loan and lease losses	$105,000	5,094
Total noninterest income	$69,000	7,507
Gross Fiduciary activities income	$0	1,405
Service charges on deposit accounts	$52,000	6,400
Trading account gains and fees	$0	148
Additional Noninterest Income	$17,000	7,516
Total noninterest expense	$946,000	7,203
Salaries and employee benefits	$406,000	7,597
Premises and equipment expense	$174,000	6,427
Additional noninterest expense	$366,000	6,663
Pre-tax net operating income	$-407,000	7,199
Securities gains (losses)	$0	3,106
Applicable income taxes	$0	5,372
Income before extraordinary items	$-407,000	7,116
Extraordinary gains, net	$0	31
Net income	$-407,000	7,113
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$203,000	3,043
Cash dividends	$0	4,937
Sale, conversion, retirement of capital stock, net	$0	1,238
Net operating income	$-407,000	7,253
2008-06-30 (YTD Data)		Rank
Total interest income	$1,029,000	7,448
Total interest expense	$660,000	6,493
Net interest income	$369,000	7,999
Provision for loan and lease losses	$69,000	4,790
Total noninterest income	$48,000	7,532
Gross Fiduciary activities income	$0	1,395
Service charges on deposit accounts	$34,000	6,431
Trading account gains and fees	$0	149
Additional Noninterest Income	$14,000	7,482
Total noninterest expense	$657,000	7,192
Salaries and employee benefits	$282,000	7,596
Premises and equipment expense	$127,000	6,258
Additional noninterest expense	$248,000	6,663
Pre-tax net operating income	$-309,000	7,441
Securities gains (losses)	$0	3,233
Applicable income taxes	$0	5,627
Income before extraordinary items	$-309,000	7,524
Extraordinary gains, net	$0	21
Net income	$-309,000	7,524
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$67,000	3,504
Cash dividends	$0	4,733
Sale, conversion, retirement of capital stock, net	$0	1,136
Net operating income	$-309,000	7,510
2008-03-31 (YTD Data)		Rank
Total interest income	$518,000	7,506
Total interest expense	$341,000	6,584
Net interest income	$177,000	8,084
Provision for loan and lease losses	$69,000	3,338
Total noninterest income	$21,000	7,662
Gross Fiduciary activities income	$0	1,326
Service charges on deposit accounts	$16,000	6,480
Trading account gains and fees	$0	158
Additional Noninterest Income	$5,000	7,707
Total noninterest expense	$357,000	7,057
Salaries and employee benefits	$138,000	7,661
Premises and equipment expense	$61,000	6,379
Additional noninterest expense	$158,000	6,037
Pre-tax net operating income	$-228,000	7,804
Securities gains (losses)	$0	2,688
Applicable income taxes	$0	5,622
Income before extraordinary items	$-228,000	7,885
Extraordinary gains, net	$0	15
Net income	$-228,000	7,884
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$70,000	2,134
Cash dividends	$0	3,705
Sale, conversion, retirement of capital stock, net	$0	1,000
Net operating income	$-228,000	7,853
2007-12-31 (YTD Data)		Rank
Total interest income	$2,387,000	7,285
Total interest expense	$1,552,000	6,361
Net interest income	$835,000	7,943
Provision for loan and lease losses	$519,000	2,280
Total noninterest income	$101,000	7,548
Gross Fiduciary activities income	$0	1,498
Service charges on deposit accounts	$55,000	6,673
Trading account gains and fees	$0	178
Additional Noninterest Income	$46,000	7,175
Total noninterest expense	$1,660,000	6,677
Salaries and employee benefits	$713,000	7,219
Premises and equipment expense	$235,000	6,389
Additional noninterest expense	$712,000	5,683
Pre-tax net operating income	$-1,243,000	8,126
Securities gains (losses)	$0	2,146
Applicable income taxes	$0	6,070
Income before extraordinary items	$-1,243,000	8,177
Extraordinary gains, net	$0	39
Net income	$-1,243,000	8,173
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$337,000	2,142
Cash dividends	$7,000	5,791
Sale, conversion, retirement of capital stock, net	$0	1,304
Net operating income	$-1,243,000	8,169
2007-09-30 (YTD Data)		Rank
Total interest income	$1,835,000	7,298
Total interest expense	$1,190,000	6,346
Net interest income	$645,000	7,976
Provision for loan and lease losses	$316,000	2,222
Total noninterest income	$75,000	7,609
Gross Fiduciary activities income	$0	1,458
Service charges on deposit accounts	$41,000	6,701
Trading account gains and fees	$0	184
Additional Noninterest Income	$34,000	7,219
Total noninterest expense	$1,338,000	6,491
Salaries and employee benefits	$554,000	7,117
Premises and equipment expense	$168,000	6,504
Additional noninterest expense	$616,000	5,204
Pre-tax net operating income	$-934,000	8,273
Securities gains (losses)	$0	1,655
Applicable income taxes	$0	6,220
Income before extraordinary items	$-934,000	8,314
Extraordinary gains, net	$0	33
Net income	$-934,000	8,312
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$238,000	1,745
Cash dividends	$0	5,179
Sale, conversion, retirement of capital stock, net	$0	1,144
Net operating income	$-934,000	8,306
2007-06-30 (YTD Data)		Rank
Total interest income	$1,242,000	7,299
Total interest expense	$797,000	6,366
Net interest income	$445,000	7,987
Provision for loan and lease losses	$246,000	1,836
Total noninterest income	$56,000	7,540
Gross Fiduciary activities income	$0	1,429
Service charges on deposit accounts	$27,000	6,756
Trading account gains and fees	$0	168
Additional Noninterest Income	$29,000	7,026
Total noninterest expense	$1,021,000	6,196
Salaries and employee benefits	$398,000	7,010
Premises and equipment expense	$88,000	6,986
Additional noninterest expense	$535,000	4,373
Pre-tax net operating income	$-766,000	8,398
Securities gains (losses)	$0	1,444
Applicable income taxes	$0	6,265
Income before extraordinary items	$-766,000	8,433
Extraordinary gains, net	$0	29
Net income	$-766,000	8,431
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$202,000	1,333
Cash dividends	$0	4,977
Sale, conversion, retirement of capital stock, net	$0	1,051
Net operating income	$-766,000	8,421
2007-03-31 (YTD Data)		Rank
Total interest income	$599,000	7,395
Total interest expense	$399,000	6,376
Net interest income	$200,000	8,169
Provision for loan and lease losses	$12,000	4,908
Total noninterest income	$26,000	7,612
Gross Fiduciary activities income	$0	1,355
Service charges on deposit accounts	$9,000	7,042
Trading account gains and fees	$0	195
Additional Noninterest Income	$17,000	6,843
Total noninterest expense	$707,000	5,221
Salaries and employee benefits	$235,000	6,682
Premises and equipment expense	$47,000	6,906
Additional noninterest expense	$425,000	3,015
Pre-tax net operating income	$-493,000	8,514
Securities gains (losses)	$0	1,187
Applicable income taxes	$0	6,196
Income before extraordinary items	$-493,000	8,531
Extraordinary gains, net	$0	22
Net income	$-493,000	8,529
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	4,509
Cash dividends	$0	3,942
Sale, conversion, retirement of capital stock, net	$0	885
Net operating income	$-493,000	8,525
2006-12-31 (YTD Data)		Rank
Total interest income	$2,348,000	7,267
Total interest expense	$1,313,000	6,396
Net interest income	$1,035,000	7,797
Provision for loan and lease losses	$221,000	3,340
Total noninterest income	$127,000	7,498
Gross Fiduciary activities income	$0	1,523
Service charges on deposit accounts	$32,000	7,140
Trading account gains and fees	$0	130
Additional Noninterest Income	$95,000	6,408
Total noninterest expense	$1,429,000	7,023
Salaries and employee benefits	$796,000	6,969
Premises and equipment expense	$174,000	6,983
Additional noninterest expense	$459,000	6,735
Pre-tax net operating income	$-488,000	8,254
Securities gains (losses)	$0	1,687
Applicable income taxes	$0	6,600
Income before extraordinary items	$-488,000	8,288
Extraordinary gains, net	$0	51
Net income	$-488,000	8,287
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$25,000	4,834
Cash dividends	$0	5,941
Sale, conversion, retirement of capital stock, net	$149,000	820
Net operating income	$-488,000	8,285
2006-09-30 (YTD Data)		Rank
Total interest income	$1,676,000	7,395
Total interest expense	$901,000	6,557
Net interest income	$775,000	7,881
Provision for loan and lease losses	$221,000	2,709
Total noninterest income	$93,000	7,605
Gross Fiduciary activities income	$0	1,468
Service charges on deposit accounts	$19,000	7,290
Trading account gains and fees	$0	126
Additional Noninterest Income	$74,000	6,339
Total noninterest expense	$1,099,000	6,965
Salaries and employee benefits	$614,000	6,889
Premises and equipment expense	$131,000	7,005
Additional noninterest expense	$354,000	6,669
Pre-tax net operating income	$-452,000	8,422
Securities gains (losses)	$0	1,388
Applicable income taxes	$0	6,687
Income before extraordinary items	$-452,000	8,450
Extraordinary gains, net	$0	45
Net income	$-452,000	8,450
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$30,000	3,812
Cash dividends	$0	5,292
Sale, conversion, retirement of capital stock, net	$149,000	646
Net operating income	$-452,000	8,440
2006-06-30 (YTD Data)		Rank
Total interest income	$1,004,000	7,600
Total interest expense	$532,000	6,726
Net interest income	$472,000	8,042
Provision for loan and lease losses	$221,000	1,950
Total noninterest income	$64,000	7,618
Gross Fiduciary activities income	$0	1,458
Service charges on deposit accounts	$9,000	7,424
Trading account gains and fees	$0	126
Additional Noninterest Income	$55,000	6,230
Total noninterest expense	$770,000	6,868
Salaries and employee benefits	$410,000	6,925
Premises and equipment expense	$100,000	6,762
Additional noninterest expense	$260,000	6,472
Pre-tax net operating income	$-455,000	8,547
Securities gains (losses)	$0	1,185
Applicable income taxes	$0	6,706
Income before extraordinary items	$-455,000	8,569
Extraordinary gains, net	$0	39
Net income	$-455,000	8,569
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$33,000	2,960
Cash dividends	$0	5,069
Sale, conversion, retirement of capital stock, net	$139,000	484
Net operating income	$-455,000	8,564
2006-03-31 (YTD Data)		Rank
Total interest income	$433,000	7,834
Total interest expense	$230,000	6,951
Net interest income	$203,000	8,232
Provision for loan and lease losses	$72,000	2,600
Total noninterest income	$42,000	7,231
Gross Fiduciary activities income	$0	1,380
Service charges on deposit accounts	$5,000	7,423
Trading account gains and fees	$0	115
Additional Noninterest Income	$37,000	5,687
Total noninterest expense	$386,000	6,866
Salaries and employee benefits	$205,000	6,926
Premises and equipment expense	$56,000	6,526
Additional noninterest expense	$125,000	6,538
Pre-tax net operating income	$-213,000	8,555
Securities gains (losses)	$0	955
Applicable income taxes	$0	6,588
Income before extraordinary items	$-213,000	8,575
Extraordinary gains, net	$0	21
Net income	$-213,000	8,574
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	4,399
Cash dividends	$0	3,943
Sale, conversion, retirement of capital stock, net	$129,000	286
Net operating income	$-213,000	8,567
2005-12-31 (YTD Data)		Rank
Total interest income	$614,000	8,574
Total interest expense	$280,000	8,236
Net interest income	$334,000	8,651
Provision for loan and lease losses	$189,000	3,687
Total noninterest income	$7,000	8,687
Gross Fiduciary activities income	$0	1,557
Service charges on deposit accounts	$3,000	7,685
Trading account gains and fees	$0	138
Additional Noninterest Income	$4,000	8,569
Total noninterest expense	$772,000	8,113
Salaries and employee benefits	$471,000	7,994
Premises and equipment expense	$38,000	8,607
Additional noninterest expense	$263,000	7,850
Pre-tax net operating income	$-620,000	8,539
Securities gains (losses)	$0	2,296
Applicable income taxes	$0	6,964
Income before extraordinary items	$-620,000	8,584
Extraordinary gains, net	$0	46
Net income	$-620,000	8,584
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,618
Cash dividends	$0	6,054
Sale, conversion, retirement of capital stock, net	$5,288,000	289
Net operating income	$-620,000	8,566
2005-09-30 (YTD Data)		Rank
Total interest income	$268,000	8,749
Total interest expense	$100,000	8,608
Net interest income	$168,000	8,760
Provision for loan and lease losses	$162,000	3,363
Total noninterest income	$4,000	8,757
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$1,000	7,763
Trading account gains and fees	$0	126
Additional Noninterest Income	$3,000	8,618
Total noninterest expense	$529,000	8,225
Salaries and employee benefits	$312,000	8,135
Premises and equipment expense	$24,000	8,663
Additional noninterest expense	$193,000	7,883
Pre-tax net operating income	$-519,000	8,605
Securities gains (losses)	$0	2,317
Applicable income taxes	$0	6,976
Income before extraordinary items	$-519,000	8,654
Extraordinary gains, net	$0	35
Net income	$-519,000	8,654
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	6,144
Cash dividends	$0	5,317
Sale, conversion, retirement of capital stock, net	$5,291,000	209
Net operating income	$-519,000	8,629
2005-06-30 (YTD Data)		Rank
Total interest income	$60,000	8,836
Total interest expense	$14,000	8,778
Net interest income	$46,000	8,837
Provision for loan and lease losses	$51,000	4,505
Total noninterest income	$0	8,806
Gross Fiduciary activities income	$0	1,480
Service charges on deposit accounts	$0	7,790
Trading account gains and fees	$0	116
Additional Noninterest Income	$0	8,721
Total noninterest expense	$266,000	8,518
Salaries and employee benefits	$156,000	8,460
Premises and equipment expense	$8,000	8,757
Additional noninterest expense	$102,000	8,179
Pre-tax net operating income	$-271,000	8,595
Securities gains (losses)	$0	2,146
Applicable income taxes	$0	6,961
Income before extraordinary items	$-271,000	8,625
Extraordinary gains, net	$0	30
Net income	$-271,000	8,625
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	5,660
Cash dividends	$0	5,072
Sale, conversion, retirement of capital stock, net	$5,291,000	136
Net operating income	$-271,000	8,600

* 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.