Home > Farmers & Merchants Bank > Income and Expense
Farmers & Merchants Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $3,715,000 | 6,942 |
| Total interest expense | $1,579,000 | 7,156 |
| Net interest income | $2,136,000 | 6,647 |
| Provision for loan and lease losses | $150,000 | 4,117 |
| Total noninterest income | $327,000 | 6,368 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $137,000 | 6,415 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $190,000 | 5,075 |
| Total noninterest expense | $1,643,000 | 6,428 |
| Salaries and employee benefits | $597,000 | 7,937 |
| Premises and equipment expense | $146,000 | 7,890 |
| Additional noninterest expense | $900,000 | 4,313 |
| Pre-tax net operating income | $670,000 | 7,110 |
| Securities gains (losses) | $3,000 | 3,097 |
| Applicable income taxes | $158,000 | 7,483 |
| Income before extraordinary items | $515,000 | 6,879 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $515,000 | 6,882 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $125,000 | 3,369 |
| Cash dividends | $68,000 | 6,947 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $512,690 | 6,833 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $3,285,000 | 7,613 |
| Total interest expense | $1,322,000 | 8,043 |
| Net interest income | $1,963,000 | 7,223 |
| Provision for loan and lease losses | $100,000 | 5,070 |
| Total noninterest income | $205,000 | 8,157 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $105,000 | 7,389 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $100,000 | 7,130 |
| Total noninterest expense | $918,000 | 9,006 |
| Salaries and employee benefits | $452,000 | 9,237 |
| Premises and equipment expense | $108,000 | 9,071 |
| Additional noninterest expense | $358,000 | 8,287 |
| Pre-tax net operating income | $1,150,000 | 5,259 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $322,000 | 5,592 |
| Income before extraordinary items | $828,000 | 5,179 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $828,000 | 5,179 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $38,000 | 5,803 |
| Cash dividends | $69,000 | 7,241 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $828,000 | 5,118 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $2,928,000 | 8,318 |
| Total interest expense | $1,135,000 | 8,797 |
| Net interest income | $1,793,000 | 7,789 |
| Provision for loan and lease losses | $20,000 | 7,637 |
| Total noninterest income | $198,000 | 8,457 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $87,000 | 8,120 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $111,000 | 6,893 |
| Total noninterest expense | $877,000 | 9,445 |
| Salaries and employee benefits | $429,000 | 9,704 |
| Premises and equipment expense | $99,000 | 9,652 |
| Additional noninterest expense | $349,000 | 8,699 |
| Pre-tax net operating income | $1,094,000 | 5,624 |
| Securities gains (losses) | $-15,000 | 10,368 |
| Applicable income taxes | $213,000 | 7,202 |
| Income before extraordinary items | $866,000 | 5,140 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $866,000 | 5,138 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $16,000 | 6,953 |
| Cash dividends | $61,000 | 7,542 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $878,000 | 5,073 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,433,000 | 9,028 |
| Total interest expense | $803,000 | 9,591 |
| Net interest income | $1,630,000 | 8,511 |
| Provision for loan and lease losses | $400,000 | 1,822 |
| Total noninterest income | $187,000 | 8,976 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $78,000 | 8,747 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $109,000 | 7,256 |
| Total noninterest expense | $870,000 | 9,908 |
| Salaries and employee benefits | $416,000 | 10,140 |
| Premises and equipment expense | $108,000 | 9,773 |
| Additional noninterest expense | $346,000 | 9,398 |
| Pre-tax net operating income | $547,000 | 8,339 |
| Securities gains (losses) | $8,000 | 2,362 |
| Applicable income taxes | $33,000 | 10,861 |
| Income before extraordinary items | $522,000 | 7,135 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $522,000 | 7,144 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $344,000 | 1,747 |
| Cash dividends | $564,000 | 2,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $514,480 | 7,228 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,435,000 | 9,319 |
| Total interest expense | $737,000 | 10,376 |
| Net interest income | $1,698,000 | 8,495 |
| Provision for loan and lease losses | $25,000 | 8,682 |
| Total noninterest income | $179,000 | 9,625 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $86,000 | 8,815 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $93,000 | 8,112 |
| Total noninterest expense | $909,000 | 10,158 |
| Salaries and employee benefits | $435,000 | 10,290 |
| Premises and equipment expense | $71,000 | 11,459 |
| Additional noninterest expense | $403,000 | 9,237 |
| Pre-tax net operating income | $943,000 | 6,150 |
| Securities gains (losses) | $11,000 | 5,374 |
| Applicable income taxes | $207,000 | 7,496 |
| Income before extraordinary items | $747,000 | 5,842 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $747,000 | 5,991 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-1,000 | 10,864 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $738,420 | 5,631 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,766,000 | 9,401 |
| Total interest expense | $958,000 | 10,589 |
| Net interest income | $1,808,000 | 8,321 |
| Provision for loan and lease losses | $100,000 | 7,236 |
| Total noninterest income | $234,000 | 8,782 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $100,000 | 8,522 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $134,000 | 7,060 |
| Total noninterest expense | $921,000 | 10,363 |
| Salaries and employee benefits | $550,000 | 9,275 |
| Premises and equipment expense | $83,000 | 11,388 |
| Additional noninterest expense | $288,000 | 11,000 |
| Pre-tax net operating income | $1,021,000 | 5,541 |
| Securities gains (losses) | $252,000 | 1,714 |
| Applicable income taxes | $317,000 | 5,716 |
| Income before extraordinary items | $956,000 | 4,686 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $956,000 | 4,737 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $15,000 | 9,510 |
| Cash dividends | $4,250,000 | 430 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $767,000 | 5,202 |
* 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.