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Farmers State Bank of Ferris, Income and Expense

1996-12-31 (YTD Data)		Rank
Total interest income	$1,299,000	10,390
Total interest expense	$794,000	9,664
Net interest income	$505,000	10,884
Provision for loan and lease losses	$60,000	6,086
Total noninterest income	$34,000	11,089
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$23,000	9,517
Trading account gains and fees	NA	NA
Additional Noninterest Income	$11,000	10,919
Total noninterest expense	$314,000	11,189
Salaries and employee benefits	$145,000	11,254
Premises and equipment expense	$47,000	10,725
Additional noninterest expense	$122,000	10,878
Pre-tax net operating income	$165,000	9,998
Securities gains (losses)	$-11,000	10,330
Applicable income taxes	$50,000	9,685
Income before extraordinary items	$104,000	10,183
Extraordinary gains, net	$0	53
Net income	$104,000	10,182
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$40,000	5,716
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$111,480	10,066
1995-12-31 (YTD Data)		Rank
Total interest income	$3,254,000	7,853
Total interest expense	$2,246,000	5,983
Net interest income	$1,008,000	9,922
Provision for loan and lease losses	$0	8,958
Total noninterest income	$75,000	10,836
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$50,000	9,237
Trading account gains and fees	NA	NA
Additional Noninterest Income	$25,000	10,586
Total noninterest expense	$747,000	9,996
Salaries and employee benefits	$375,000	10,117
Premises and equipment expense	$109,000	9,346
Additional noninterest expense	$263,000	9,685
Pre-tax net operating income	$336,000	9,494
Securities gains (losses)	$89,000	1,008
Applicable income taxes	$119,000	8,810
Income before extraordinary items	$306,000	8,880
Extraordinary gains, net	$0	65
Net income	$306,000	8,884
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$7,000	7,801
Cash dividends	$615,000	2,874
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$241,920	9,474
1994-12-31 (YTD Data)		Rank
Total interest income	$2,855,000	8,311
Total interest expense	$1,825,000	6,002
Net interest income	$1,030,000	10,297
Provision for loan and lease losses	$0	9,146
Total noninterest income	$68,000	11,535
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$40,000	10,040
Trading account gains and fees	NA	NA
Additional Noninterest Income	$28,000	10,920
Total noninterest expense	$757,000	10,432
Salaries and employee benefits	$352,000	10,712
Premises and equipment expense	$121,000	9,362
Additional noninterest expense	$284,000	10,141
Pre-tax net operating income	$341,000	9,804
Securities gains (losses)	$44,000	1,236
Applicable income taxes	$106,000	9,219
Income before extraordinary items	$279,000	9,389
Extraordinary gains, net	$0	249
Net income	$279,000	9,396
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$39,000	5,574
Cash dividends	$201,000	5,394
Sale, conversion, retirement of capital stock, net	$80,000	849
Net operating income	$247,320	9,797
1993-12-31 (YTD Data)		Rank
Total interest income	$2,113,000	9,965
Total interest expense	$1,214,000	8,198
Net interest income	$899,000	11,164
Provision for loan and lease losses	$0	10,371
Total noninterest income	$76,000	11,918
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$40,000	10,409
Trading account gains and fees	NA	NA
Additional Noninterest Income	$36,000	10,920
Total noninterest expense	$679,000	11,264
Salaries and employee benefits	$324,000	11,410
Premises and equipment expense	$84,000	11,010
Additional noninterest expense	$271,000	10,808
Pre-tax net operating income	$296,000	10,272
Securities gains (losses)	$223,000	1,570
Applicable income taxes	$152,000	8,594
Income before extraordinary items	$367,000	8,775
Extraordinary gains, net	$0	3,149
Net income	$367,000	8,933
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-8,000	11,621
Cash dividends	$75,000	7,397
Sale, conversion, retirement of capital stock, net	$47,000	994
Net operating income	$208,670	10,321
1992-12-31 (YTD Data)		Rank
Total interest income	$1,364,000	12,264
Total interest expense	$743,000	11,615
Net interest income	$621,000	12,641
Provision for loan and lease losses	$-7,000	13,457
Total noninterest income	$39,000	13,364
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$25,000	11,220
Trading account gains and fees	NA	NA
Additional Noninterest Income	$14,000	13,064
Total noninterest expense	$502,000	12,626
Salaries and employee benefits	$260,000	12,500
Premises and equipment expense	$36,000	13,211
Additional noninterest expense	$206,000	12,160
Pre-tax net operating income	$165,000	11,376
Securities gains (losses)	$40,000	4,499
Applicable income taxes	$34,000	11,696
Income before extraordinary items	$171,000	10,975
Extraordinary gains, net	$0	1,422
Net income	$171,000	11,063
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$28,000	8,614
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$-600,000	13,869
Net operating income	$137,800	11,120

* 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.