Home > First Mercantile Bank > Income and Expense
First Mercantile Bank, Income and Expense
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $18,803,000 | 1,824 |
| Total interest expense | $7,153,000 | 2,240 |
| Net interest income | $11,650,000 | 1,524 |
| Provision for loan and lease losses | $1,941,000 | 732 |
| Total noninterest income | $2,183,000 | 1,886 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $670,000 | 2,233 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $1,513,000 | 1,512 |
| Total noninterest expense | $10,198,000 | 1,448 |
| Salaries and employee benefits | $5,622,000 | 1,325 |
| Premises and equipment expense | $1,705,000 | 1,254 |
| Additional noninterest expense | $2,871,000 | 1,617 |
| Pre-tax net operating income | $1,694,000 | 3,560 |
| Securities gains (losses) | $61,000 | 2,176 |
| Applicable income taxes | $524,000 | 3,251 |
| Income before extraordinary items | $1,231,000 | 3,729 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,231,000 | 3,731 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $237,000 | 2,584 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $1,188,300 | 3,716 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $12,909,000 | 2,694 |
| Total interest expense | $5,175,000 | 3,209 |
| Net interest income | $7,734,000 | 2,294 |
| Provision for loan and lease losses | $497,000 | 1,890 |
| Total noninterest income | $518,000 | 4,823 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $302,000 | 4,040 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $216,000 | 4,616 |
| Total noninterest expense | $6,340,000 | 2,172 |
| Salaries and employee benefits | $3,628,000 | 1,972 |
| Premises and equipment expense | $792,000 | 2,602 |
| Additional noninterest expense | $1,920,000 | 2,252 |
| Pre-tax net operating income | $1,415,000 | 4,236 |
| Securities gains (losses) | $-46,000 | 9,165 |
| Applicable income taxes | $444,000 | 3,763 |
| Income before extraordinary items | $925,000 | 4,605 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $925,000 | 4,605 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $117,000 | 3,316 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $956,280 | 4,510 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $6,995,000 | 4,400 |
| Total interest expense | $2,703,000 | 4,966 |
| Net interest income | $4,292,000 | 3,935 |
| Provision for loan and lease losses | $362,000 | 2,271 |
| Total noninterest income | $204,000 | 7,450 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $139,000 | 6,031 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $65,000 | 7,576 |
| Total noninterest expense | $3,139,000 | 4,064 |
| Salaries and employee benefits | $1,510,000 | 4,312 |
| Premises and equipment expense | $451,000 | 4,112 |
| Additional noninterest expense | $1,178,000 | 3,490 |
| Pre-tax net operating income | $995,000 | 5,323 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $179,000 | 5,935 |
| Income before extraordinary items | $816,000 | 5,036 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $816,000 | 5,035 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $41,000 | 5,166 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $816,000 | 4,999 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $2,614,000 | 7,963 |
| Total interest expense | $949,000 | 8,565 |
| Net interest income | $1,665,000 | 7,351 |
| Provision for loan and lease losses | $230,000 | 3,213 |
| Total noninterest income | $61,000 | 9,671 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $27,000 | 8,571 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $34,000 | 8,816 |
| Total noninterest expense | $2,003,000 | 5,597 |
| Salaries and employee benefits | $867,000 | 6,367 |
| Premises and equipment expense | $316,000 | 5,222 |
| Additional noninterest expense | $820,000 | 4,603 |
| Pre-tax net operating income | $-507,000 | 10,190 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $0 | 9,340 |
| Income before extraordinary items | $-507,000 | 10,233 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $-507,000 | 10,230 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,132 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $7,000,000 | 171 |
| Net operating income | $-507,000 | 10,203 |
* 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.