Home > First of America Bank-Upper Peninsula > Income and Expense
First of America Bank-Upper Peninsula, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $25,815,000 | 1,235 |
| Total interest expense | $10,208,000 | 1,314 |
| Net interest income | $15,607,000 | 1,167 |
| Provision for loan and lease losses | $250,000 | 3,377 |
| Total noninterest income | $4,092,000 | 1,150 |
| Gross Fiduciary activities income | $1,457,000 | 449 |
| Service charges on deposit accounts | $1,108,000 | 1,216 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,527,000 | 1,535 |
| Total noninterest expense | $13,868,000 | 1,131 |
| Salaries and employee benefits | $4,957,000 | 1,358 |
| Premises and equipment expense | $1,296,000 | 1,623 |
| Additional noninterest expense | $7,615,000 | 926 |
| Pre-tax net operating income | $5,581,000 | 1,242 |
| Securities gains (losses) | $796,000 | 633 |
| Applicable income taxes | $2,024,000 | 1,202 |
| Income before extraordinary items | $4,353,000 | 1,179 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $4,353,000 | 1,219 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $44,000 | 6,315 |
| Cash dividends | $2,100,000 | 969 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $3,811,720 | 1,245 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $28,740,000 | 1,272 |
| Total interest expense | $12,489,000 | 1,410 |
| Net interest income | $16,251,000 | 1,148 |
| Provision for loan and lease losses | $804,000 | 2,144 |
| Total noninterest income | $3,517,000 | 1,264 |
| Gross Fiduciary activities income | $1,168,000 | 513 |
| Service charges on deposit accounts | $1,028,000 | 1,299 |
| Trading account gains and fees | $8,000 | 422 |
| Additional Noninterest Income | $1,313,000 | 1,658 |
| Total noninterest expense | $13,810,000 | 1,138 |
| Salaries and employee benefits | $5,306,000 | 1,272 |
| Premises and equipment expense | $1,184,000 | 1,781 |
| Additional noninterest expense | $7,320,000 | 983 |
| Pre-tax net operating income | $5,154,000 | 1,239 |
| Securities gains (losses) | $553,000 | 1,012 |
| Applicable income taxes | $1,679,000 | 1,324 |
| Income before extraordinary items | $4,028,000 | 1,161 |
| Extraordinary gains, net | $-333,000 | 13,792 |
| Net income | $3,695,000 | 1,265 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,356,000 | 1,284 |
| Cash dividends | $4,085,000 | 443 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $3,635,370 | 1,185 |
* 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.