Home > First of America Bank-West Michigan > Income and Expense
First of America Bank-West Michigan, Income and Expense
1994-12-31 (YTD Data) | Rank | |
Total interest income | $85,901,000 | 453 |
Total interest expense | $37,758,000 | 451 |
Net interest income | $48,143,000 | 450 |
Provision for loan and lease losses | $3,600,000 | 368 |
Total noninterest income | $15,103,000 | 446 |
Gross Fiduciary activities income | $3,092,000 | 296 |
Service charges on deposit accounts | $5,626,000 | 299 |
Trading account gains and fees | $0 | 475 |
Additional Noninterest Income | $6,385,000 | 551 |
Total noninterest expense | $41,455,000 | 455 |
Salaries and employee benefits | $13,572,000 | 540 |
Premises and equipment expense | $4,444,000 | 536 |
Additional noninterest expense | $23,439,000 | 398 |
Pre-tax net operating income | $18,191,000 | 488 |
Securities gains (losses) | $772,000 | 199 |
Applicable income taxes | $6,237,000 | 484 |
Income before extraordinary items | $12,726,000 | 476 |
Extraordinary gains, net | $0 | 249 |
Net income | $12,726,000 | 475 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $2,801,000 | 433 |
Cash dividends | $1,400,000 | 1,471 |
Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
Net operating income | $12,208,760 | 486 |
1993-12-31 (YTD Data) | Rank | |
Total interest income | $76,463,000 | 489 |
Total interest expense | $32,271,000 | 501 |
Net interest income | $44,192,000 | 482 |
Provision for loan and lease losses | $2,868,000 | 633 |
Total noninterest income | $14,839,000 | 464 |
Gross Fiduciary activities income | $3,265,000 | 287 |
Service charges on deposit accounts | $4,973,000 | 319 |
Trading account gains and fees | $11,000 | 414 |
Additional Noninterest Income | $6,590,000 | 556 |
Total noninterest expense | $39,351,000 | 485 |
Salaries and employee benefits | $13,416,000 | 555 |
Premises and equipment expense | $3,173,000 | 734 |
Additional noninterest expense | $22,762,000 | 424 |
Pre-tax net operating income | $16,812,000 | 473 |
Securities gains (losses) | $1,414,000 | 410 |
Applicable income taxes | $5,930,000 | 471 |
Income before extraordinary items | $12,296,000 | 451 |
Extraordinary gains, net | $0 | 3,149 |
Net income | $12,296,000 | 466 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $2,047,000 | 719 |
Cash dividends | $350,000 | 3,982 |
Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
Net operating income | $11,348,620 | 466 |
1992-12-31 (YTD Data) | Rank | |
Total interest income | $77,028,000 | 547 |
Total interest expense | $35,167,000 | 584 |
Net interest income | $41,861,000 | 512 |
Provision for loan and lease losses | $3,284,000 | 780 |
Total noninterest income | $11,141,000 | 558 |
Gross Fiduciary activities income | $3,004,000 | 304 |
Service charges on deposit accounts | $4,105,000 | 367 |
Trading account gains and fees | $9,000 | 417 |
Additional Noninterest Income | $4,023,000 | 781 |
Total noninterest expense | $43,659,000 | 457 |
Salaries and employee benefits | $12,764,000 | 575 |
Premises and equipment expense | $2,994,000 | 801 |
Additional noninterest expense | $27,901,000 | 373 |
Pre-tax net operating income | $6,059,000 | 1,076 |
Securities gains (losses) | $1,154,000 | 582 |
Applicable income taxes | $4,572,000 | 518 |
Income before extraordinary items | $2,641,000 | 1,730 |
Extraordinary gains, net | $-686,000 | 13,844 |
Net income | $1,955,000 | 2,376 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $2,640,000 | 801 |
Cash dividends | $5,184,000 | 367 |
Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
Net operating income | $1,902,440 | 2,231 |
* 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.