Home > First National Bank of Luverne > Income and Expense
First National Bank of Luverne, Income and Expense
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $1,457,000 | 8,123 |
| Total interest expense | $521,000 | 7,669 |
| Net interest income | $936,000 | 8,203 |
| Provision for loan and lease losses | $101,000 | 5,298 |
| Total noninterest income | $176,000 | 7,560 |
| Gross Fiduciary activities income | $0 | 1,641 |
| Service charges on deposit accounts | $151,000 | 5,850 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $25,000 | 8,275 |
| Total noninterest expense | $801,000 | 8,275 |
| Salaries and employee benefits | $358,000 | 8,562 |
| Premises and equipment expense | $88,000 | 8,222 |
| Additional noninterest expense | $355,000 | 7,413 |
| Pre-tax net operating income | $210,000 | 7,790 |
| Securities gains (losses) | $0 | 4,500 |
| Applicable income taxes | $67,000 | 6,072 |
| Income before extraordinary items | $143,000 | 8,037 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $143,000 | 8,040 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 6,724 |
| Cash dividends | $150,000 | 5,213 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $143,000 | 7,917 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $1,109,000 | 8,188 |
| Total interest expense | $399,000 | 7,773 |
| Net interest income | $710,000 | 8,259 |
| Provision for loan and lease losses | $101,000 | 4,636 |
| Total noninterest income | $134,000 | 7,583 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $116,000 | 5,850 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $18,000 | 8,330 |
| Total noninterest expense | $601,000 | 8,280 |
| Salaries and employee benefits | $271,000 | 8,555 |
| Premises and equipment expense | $66,000 | 8,261 |
| Additional noninterest expense | $264,000 | 7,446 |
| Pre-tax net operating income | $142,000 | 8,014 |
| Securities gains (losses) | $0 | 4,204 |
| Applicable income taxes | $43,000 | 6,338 |
| Income before extraordinary items | $99,000 | 8,228 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $99,000 | 8,230 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 6,109 |
| Cash dividends | $150,000 | 4,365 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $99,000 | 8,098 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $754,000 | 8,218 |
| Total interest expense | $270,000 | 7,856 |
| Net interest income | $484,000 | 8,251 |
| Provision for loan and lease losses | $8,000 | 6,936 |
| Total noninterest income | $87,000 | 7,636 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $76,000 | 5,869 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $11,000 | 8,392 |
| Total noninterest expense | $404,000 | 8,277 |
| Salaries and employee benefits | $185,000 | 8,558 |
| Premises and equipment expense | $43,000 | 8,290 |
| Additional noninterest expense | $176,000 | 7,450 |
| Pre-tax net operating income | $159,000 | 7,535 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $55,000 | 5,823 |
| Income before extraordinary items | $104,000 | 7,912 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $104,000 | 7,913 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,000 | 6,160 |
| Cash dividends | $150,000 | 3,830 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $104,000 | 7,738 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $385,000 | 8,232 |
| Total interest expense | $137,000 | 7,930 |
| Net interest income | $248,000 | 8,261 |
| Provision for loan and lease losses | $8,000 | 6,296 |
| Total noninterest income | $42,000 | 7,669 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $37,000 | 5,850 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $5,000 | 8,460 |
| Total noninterest expense | $196,000 | 8,379 |
| Salaries and employee benefits | $92,000 | 8,606 |
| Premises and equipment expense | $21,000 | 8,333 |
| Additional noninterest expense | $83,000 | 7,586 |
| Pre-tax net operating income | $86,000 | 7,426 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $30,000 | 5,719 |
| Income before extraordinary items | $56,000 | 7,763 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $56,000 | 7,763 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 5,539 |
| Cash dividends | $150,000 | 2,511 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $56,000 | 7,620 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $1,692,000 | 8,176 |
| Total interest expense | $705,000 | 7,810 |
| Net interest income | $987,000 | 8,284 |
| Provision for loan and lease losses | $10,000 | 7,810 |
| Total noninterest income | $184,000 | 7,477 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $152,000 | 5,808 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $32,000 | 8,125 |
| Total noninterest expense | $939,000 | 8,062 |
| Salaries and employee benefits | $365,000 | 8,639 |
| Premises and equipment expense | $103,000 | 8,131 |
| Additional noninterest expense | $471,000 | 6,676 |
| Pre-tax net operating income | $222,000 | 7,852 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $61,000 | 6,388 |
| Income before extraordinary items | $161,000 | 8,035 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $161,000 | 8,036 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $29,000 | 5,948 |
| Cash dividends | $75,000 | 5,758 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $161,000 | 7,931 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $2,041,000 | 8,166 |
| Total interest expense | $1,138,000 | 7,726 |
| Net interest income | $903,000 | 8,459 |
| Provision for loan and lease losses | $0 | 8,228 |
| Total noninterest income | $160,000 | 7,747 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $140,000 | 5,943 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $20,000 | 8,732 |
| Total noninterest expense | $991,000 | 7,984 |
| Salaries and employee benefits | $429,000 | 8,493 |
| Premises and equipment expense | $130,000 | 7,847 |
| Additional noninterest expense | $432,000 | 6,912 |
| Pre-tax net operating income | $72,000 | 8,456 |
| Securities gains (losses) | $0 | 4,612 |
| Applicable income taxes | $-4,000 | 8,955 |
| Income before extraordinary items | $76,000 | 8,464 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $76,000 | 8,463 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 7,777 |
| Cash dividends | $0 | 6,617 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $76,000 | 8,363 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $1,963,000 | 8,441 |
| Total interest expense | $1,061,000 | 8,105 |
| Net interest income | $902,000 | 8,687 |
| Provision for loan and lease losses | $0 | 8,337 |
| Total noninterest income | $111,000 | 8,437 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $67,000 | 7,255 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $44,000 | 8,029 |
| Total noninterest expense | $947,000 | 8,173 |
| Salaries and employee benefits | $406,000 | 8,724 |
| Premises and equipment expense | $163,000 | 7,358 |
| Additional noninterest expense | $378,000 | 7,332 |
| Pre-tax net operating income | $66,000 | 8,922 |
| Securities gains (losses) | $-54,000 | 9,228 |
| Applicable income taxes | $5,000 | 8,201 |
| Income before extraordinary items | $7,000 | 9,119 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $7,000 | 9,117 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $337,000 | 1,683 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $41,560 | 8,972 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $1,751,000 | 8,767 |
| Total interest expense | $771,000 | 8,756 |
| Net interest income | $980,000 | 8,677 |
| Provision for loan and lease losses | $0 | 8,503 |
| Total noninterest income | $103,000 | 8,774 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $65,000 | 7,480 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $38,000 | 8,510 |
| Total noninterest expense | $930,000 | 8,333 |
| Salaries and employee benefits | $439,000 | 8,681 |
| Premises and equipment expense | $80,000 | 9,026 |
| Additional noninterest expense | $411,000 | 7,170 |
| Pre-tax net operating income | $153,000 | 8,792 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $57,000 | 7,542 |
| Income before extraordinary items | $96,000 | 8,998 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $96,000 | 8,996 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $284,000 | 1,891 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $96,000 | 8,966 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $2,318,000 | 8,291 |
| Total interest expense | $1,080,000 | 8,204 |
| Net interest income | $1,238,000 | 8,243 |
| Provision for loan and lease losses | $900,000 | 1,057 |
| Total noninterest income | $126,000 | 8,604 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $81,000 | 7,260 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $45,000 | 8,339 |
| Total noninterest expense | $972,000 | 8,206 |
| Salaries and employee benefits | $497,000 | 8,379 |
| Premises and equipment expense | $80,000 | 9,140 |
| Additional noninterest expense | $395,000 | 7,259 |
| Pre-tax net operating income | $-508,000 | 10,191 |
| Securities gains (losses) | $2,000 | 3,909 |
| Applicable income taxes | $-206,000 | 10,320 |
| Income before extraordinary items | $-300,000 | 10,120 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $-300,000 | 10,114 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $208,000 | 2,376 |
| Cash dividends | $125,000 | 6,004 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $-301,280 | 10,092 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $2,384,000 | 8,536 |
| Total interest expense | $1,021,000 | 8,628 |
| Net interest income | $1,363,000 | 8,315 |
| Provision for loan and lease losses | $0 | 8,829 |
| Total noninterest income | $102,000 | 9,375 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $77,000 | 7,714 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $25,000 | 9,587 |
| Total noninterest expense | $937,000 | 8,565 |
| Salaries and employee benefits | $469,000 | 8,827 |
| Premises and equipment expense | $88,000 | 9,261 |
| Additional noninterest expense | $380,000 | 7,527 |
| Pre-tax net operating income | $528,000 | 7,771 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $170,000 | 7,324 |
| Income before extraordinary items | $358,000 | 7,927 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $358,000 | 7,931 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-6,000 | 9,836 |
| Cash dividends | $300,000 | 4,516 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $358,000 | 7,870 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $2,179,000 | 9,129 |
| Total interest expense | $894,000 | 9,351 |
| Net interest income | $1,285,000 | 8,807 |
| Provision for loan and lease losses | $0 | 9,041 |
| Total noninterest income | $216,000 | 8,007 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $72,000 | 8,218 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $144,000 | 6,090 |
| Total noninterest expense | $911,000 | 9,024 |
| Salaries and employee benefits | $539,000 | 8,580 |
| Premises and equipment expense | $104,000 | 9,176 |
| Additional noninterest expense | $268,000 | 9,203 |
| Pre-tax net operating income | $590,000 | 7,476 |
| Securities gains (losses) | $17,000 | 2,110 |
| Applicable income taxes | $202,000 | 7,112 |
| Income before extraordinary items | $405,000 | 7,580 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $405,000 | 7,579 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $16,000 | 7,019 |
| Cash dividends | $260,000 | 4,854 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $393,610 | 7,613 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $1,893,000 | 9,892 |
| Total interest expense | $743,000 | 10,147 |
| Net interest income | $1,150,000 | 9,477 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $83,000 | 10,670 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $56,000 | 9,050 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $27,000 | 10,452 |
| Total noninterest expense | $767,000 | 9,917 |
| Salaries and employee benefits | $419,000 | 9,806 |
| Premises and equipment expense | $89,000 | 9,947 |
| Additional noninterest expense | $259,000 | 9,735 |
| Pre-tax net operating income | $466,000 | 8,647 |
| Securities gains (losses) | $-17,000 | 10,458 |
| Applicable income taxes | $167,000 | 7,980 |
| Income before extraordinary items | $282,000 | 9,111 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $282,000 | 9,117 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $16,000 | 6,953 |
| Cash dividends | $260,000 | 4,875 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $292,880 | 8,987 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $780,000 | 12,087 |
| Total interest expense | $269,000 | 12,146 |
| Net interest income | $511,000 | 11,969 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $37,000 | 12,169 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $29,000 | 10,344 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $8,000 | 12,207 |
| Total noninterest expense | $304,000 | 12,343 |
| Salaries and employee benefits | $167,000 | 12,273 |
| Premises and equipment expense | $32,000 | 12,185 |
| Additional noninterest expense | $105,000 | 12,257 |
| Pre-tax net operating income | $244,000 | 10,544 |
| Securities gains (losses) | $-6,000 | 9,509 |
| Applicable income taxes | $89,000 | 9,599 |
| Income before extraordinary items | $149,000 | 10,835 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $149,000 | 10,839 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-4,000 | 10,341 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $152,840 | 10,843 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,366,000 | 11,529 |
| Total interest expense | $583,000 | 11,238 |
| Net interest income | $783,000 | 11,566 |
| Provision for loan and lease losses | $-20,000 | 12,579 |
| Total noninterest income | $93,000 | 11,491 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $54,000 | 9,905 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $39,000 | 10,733 |
| Total noninterest expense | $617,000 | 11,558 |
| Salaries and employee benefits | $347,000 | 11,179 |
| Premises and equipment expense | $54,000 | 12,082 |
| Additional noninterest expense | $216,000 | 11,521 |
| Pre-tax net operating income | $279,000 | 10,405 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $101,000 | 9,717 |
| Income before extraordinary items | $178,000 | 10,893 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $178,000 | 10,990 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-40,000 | 12,541 |
| Cash dividends | $20,000 | 8,663 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $178,000 | 10,677 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,650,000 | 11,611 |
| Total interest expense | $774,000 | 11,449 |
| Net interest income | $876,000 | 11,607 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $95,000 | 11,854 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $54,000 | 10,159 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $41,000 | 10,988 |
| Total noninterest expense | $613,000 | 11,980 |
| Salaries and employee benefits | $375,000 | 11,152 |
| Premises and equipment expense | $48,000 | 12,755 |
| Additional noninterest expense | $190,000 | 12,374 |
| Pre-tax net operating income | $358,000 | 9,606 |
| Securities gains (losses) | $1,000 | 7,986 |
| Applicable income taxes | $110,000 | 9,648 |
| Income before extraordinary items | $249,000 | 9,934 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $249,000 | 10,080 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-34,000 | 13,333 |
| Cash dividends | $70,000 | 7,232 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $248,310 | 9,574 |
* 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.