Home > First Bank of Minnesota > Income and Expense
First Bank of Minnesota, Income and Expense
1994-12-31 (YTD Data) | Rank | |
Total interest income | $1,399,000 | 10,938 |
Total interest expense | $567,000 | 10,760 |
Net interest income | $832,000 | 10,948 |
Provision for loan and lease losses | $0 | 9,146 |
Total noninterest income | $169,000 | 9,328 |
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 | $97,000 | 7,607 |
Total noninterest expense | $824,000 | 10,120 |
Salaries and employee benefits | $398,000 | 10,303 |
Premises and equipment expense | $126,000 | 9,218 |
Additional noninterest expense | $300,000 | 9,963 |
Pre-tax net operating income | $177,000 | 11,075 |
Securities gains (losses) | $0 | 3,600 |
Applicable income taxes | $37,000 | 10,765 |
Income before extraordinary items | $140,000 | 10,931 |
Extraordinary gains, net | $0 | 249 |
Net income | $140,000 | 10,936 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $37,000 | 5,658 |
Cash dividends | $40,000 | 8,160 |
Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
Net operating income | $140,000 | 10,996 |
1993-12-31 (YTD Data) | Rank | |
Total interest income | $1,405,000 | 11,433 |
Total interest expense | $465,000 | 11,860 |
Net interest income | $940,000 | 10,997 |
Provision for loan and lease losses | $36,000 | 8,112 |
Total noninterest income | $130,000 | 10,627 |
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 | $44,000 | 10,462 |
Total noninterest expense | $800,000 | 10,669 |
Salaries and employee benefits | $384,000 | 10,800 |
Premises and equipment expense | $91,000 | 10,750 |
Additional noninterest expense | $325,000 | 10,124 |
Pre-tax net operating income | $234,000 | 10,753 |
Securities gains (losses) | $0 | 7,477 |
Applicable income taxes | $108,000 | 9,551 |
Income before extraordinary items | $126,000 | 11,503 |
Extraordinary gains, net | $0 | 3,149 |
Net income | $126,000 | 11,560 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-18,000 | 12,066 |
Cash dividends | $0 | 9,081 |
Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
Net operating income | $126,000 | 11,282 |
1992-12-31 (YTD Data) | Rank | |
Total interest income | $1,519,000 | 11,920 |
Total interest expense | $610,000 | 12,246 |
Net interest income | $909,000 | 11,472 |
Provision for loan and lease losses | $202,000 | 5,177 |
Total noninterest income | $205,000 | 9,315 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $74,000 | 9,405 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $131,000 | 7,138 |
Total noninterest expense | $724,000 | 11,383 |
Salaries and employee benefits | $363,000 | 11,305 |
Premises and equipment expense | $91,000 | 11,073 |
Additional noninterest expense | $270,000 | 11,277 |
Pre-tax net operating income | $188,000 | 11,187 |
Securities gains (losses) | $0 | 8,369 |
Applicable income taxes | $51,000 | 11,224 |
Income before extraordinary items | $137,000 | 11,448 |
Extraordinary gains, net | $0 | 1,422 |
Net income | $137,000 | 11,526 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $223,000 | 3,967 |
Cash dividends | $0 | 8,912 |
Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
Net operating income | $137,000 | 11,126 |
* 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.