Home > First National Bank of Montrose > Income and Expense
First National Bank of Montrose, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,399,000 | 4,677 |
| Total interest expense | $1,973,000 | 5,900 |
| Net interest income | $4,426,000 | 4,001 |
| Provision for loan and lease losses | $0 | 10,371 |
| Total noninterest income | $339,000 | 7,160 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $263,000 | 4,909 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $76,000 | 8,800 |
| Total noninterest expense | $2,626,000 | 5,058 |
| Salaries and employee benefits | $1,232,000 | 5,114 |
| Premises and equipment expense | $251,000 | 6,660 |
| Additional noninterest expense | $1,143,000 | 4,389 |
| Pre-tax net operating income | $2,139,000 | 3,101 |
| Securities gains (losses) | $-4,000 | 12,523 |
| Applicable income taxes | $525,000 | 4,003 |
| Income before extraordinary items | $1,610,000 | 3,028 |
| Extraordinary gains, net | $8,000 | 2,989 |
| Net income | $1,618,000 | 3,102 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $183,000 | 3,289 |
| Cash dividends | $299,000 | 4,486 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,613,000 | 2,866 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,486,000 | 5,152 |
| Total interest expense | $2,374,000 | 6,241 |
| Net interest income | $4,112,000 | 4,338 |
| Provision for loan and lease losses | $25,000 | 10,242 |
| Total noninterest income | $470,000 | 5,886 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $284,000 | 4,647 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $186,000 | 5,920 |
| Total noninterest expense | $2,050,000 | 6,251 |
| Salaries and employee benefits | $1,099,000 | 5,587 |
| Premises and equipment expense | $115,000 | 10,217 |
| Additional noninterest expense | $836,000 | 5,856 |
| Pre-tax net operating income | $2,507,000 | 2,485 |
| Securities gains (losses) | $1,000 | 7,986 |
| Applicable income taxes | $726,000 | 2,860 |
| Income before extraordinary items | $1,782,000 | 2,574 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,782,000 | 2,611 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $14,000 | 9,616 |
| Cash dividends | $287,000 | 4,157 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,781,290 | 2,387 |
* 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.