Home > Farmers and Merchants Bank of Ritchie County > Income and Expense
Farmers and Merchants Bank of Ritchie County, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $1,293,000 | 9,935 |
| Total interest expense | $548,000 | 9,975 |
| Net interest income | $745,000 | 9,818 |
| Provision for loan and lease losses | $59,000 | 6,382 |
| Total noninterest income | $98,000 | 9,463 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $60,000 | 8,145 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $38,000 | 8,946 |
| Total noninterest expense | $549,000 | 9,939 |
| Salaries and employee benefits | $287,000 | 10,042 |
| Premises and equipment expense | $75,000 | 9,576 |
| Additional noninterest expense | $187,000 | 9,572 |
| Pre-tax net operating income | $235,000 | 9,383 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $72,000 | 8,875 |
| Income before extraordinary items | $163,000 | 9,471 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $163,000 | 9,473 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $6,000 | 7,728 |
| Cash dividends | $112,000 | 6,331 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $163,000 | 9,430 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $1,267,000 | 10,436 |
| Total interest expense | $524,000 | 10,520 |
| Net interest income | $743,000 | 10,270 |
| Provision for loan and lease losses | $18,000 | 8,074 |
| Total noninterest income | $162,000 | 8,818 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $116,000 | 7,151 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $46,000 | 9,071 |
| Total noninterest expense | $558,000 | 10,364 |
| Salaries and employee benefits | $279,000 | 10,516 |
| Premises and equipment expense | $84,000 | 9,709 |
| Additional noninterest expense | $195,000 | 9,992 |
| Pre-tax net operating income | $329,000 | 8,931 |
| Securities gains (losses) | $3,000 | 3,304 |
| Applicable income taxes | $114,000 | 8,499 |
| Income before extraordinary items | $218,000 | 9,136 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $218,000 | 9,139 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,000 | 8,019 |
| Cash dividends | $105,000 | 6,579 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $216,020 | 9,097 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $1,199,000 | 10,979 |
| Total interest expense | $506,000 | 10,991 |
| Net interest income | $693,000 | 10,865 |
| Provision for loan and lease losses | $21,000 | 7,611 |
| Total noninterest income | $155,000 | 9,222 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $129,000 | 7,113 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $26,000 | 10,525 |
| Total noninterest expense | $539,000 | 10,846 |
| Salaries and employee benefits | $258,000 | 11,095 |
| Premises and equipment expense | $89,000 | 9,947 |
| Additional noninterest expense | $192,000 | 10,515 |
| Pre-tax net operating income | $288,000 | 9,839 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $96,000 | 9,254 |
| Income before extraordinary items | $192,000 | 10,019 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $192,000 | 10,022 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,000 | 8,657 |
| Cash dividends | $180,000 | 5,723 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $192,000 | 9,994 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $1,086,000 | 11,550 |
| Total interest expense | $425,000 | 11,464 |
| Net interest income | $661,000 | 11,518 |
| Provision for loan and lease losses | $30,000 | 7,083 |
| Total noninterest income | $139,000 | 9,938 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $106,000 | 7,946 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $33,000 | 10,596 |
| Total noninterest expense | $552,000 | 11,346 |
| Salaries and employee benefits | $262,000 | 11,555 |
| Premises and equipment expense | $88,000 | 10,406 |
| Additional noninterest expense | $202,000 | 11,131 |
| Pre-tax net operating income | $218,000 | 10,749 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $42,000 | 10,655 |
| Income before extraordinary items | $176,000 | 10,542 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $176,000 | 10,548 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $19,000 | 6,702 |
| Cash dividends | $233,000 | 5,121 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $176,000 | 10,586 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,074,000 | 12,128 |
| Total interest expense | $434,000 | 12,046 |
| Net interest income | $640,000 | 12,069 |
| Provision for loan and lease losses | $16,000 | 9,322 |
| Total noninterest income | $79,000 | 11,824 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $58,000 | 9,765 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $21,000 | 11,957 |
| Total noninterest expense | $510,000 | 12,121 |
| Salaries and employee benefits | $246,000 | 12,225 |
| Premises and equipment expense | $89,000 | 10,821 |
| Additional noninterest expense | $175,000 | 12,089 |
| Pre-tax net operating income | $193,000 | 11,104 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $55,000 | 10,820 |
| Income before extraordinary items | $138,000 | 11,364 |
| Extraordinary gains, net | $3,000 | 3,100 |
| Net income | $141,000 | 11,392 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $9,000 | 8,678 |
| Cash dividends | $44,000 | 8,137 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $138,000 | 11,158 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,141,000 | 12,737 |
| Total interest expense | $530,000 | 12,624 |
| Net interest income | $611,000 | 12,672 |
| Provision for loan and lease losses | $6,000 | 11,435 |
| Total noninterest income | $59,000 | 12,872 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $43,000 | 10,593 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $16,000 | 12,899 |
| Total noninterest expense | $508,000 | 12,595 |
| Salaries and employee benefits | $241,000 | 12,701 |
| Premises and equipment expense | $92,000 | 11,034 |
| Additional noninterest expense | $175,000 | 12,598 |
| Pre-tax net operating income | $156,000 | 11,467 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $30,000 | 11,811 |
| Income before extraordinary items | $126,000 | 11,595 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $126,000 | 11,675 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $21,000 | 9,043 |
| Cash dividends | $24,000 | 8,396 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $126,000 | 11,275 |
* 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.