Home > First State Bank of Charlevoix > Income and Expense
First State Bank of Charlevoix, Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,278,000 | 8,507 |
| Total interest expense | $1,338,000 | 9,091 |
| Net interest income | $1,940,000 | 7,920 |
| Provision for loan and lease losses | $48,000 | 9,164 |
| Total noninterest income | $457,000 | 6,008 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $113,000 | 8,135 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $344,000 | 4,083 |
| Total noninterest expense | $1,612,000 | 7,536 |
| Salaries and employee benefits | $677,000 | 8,166 |
| Premises and equipment expense | $231,000 | 7,148 |
| Additional noninterest expense | $704,000 | 6,719 |
| Pre-tax net operating income | $737,000 | 6,905 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $270,000 | 6,362 |
| Income before extraordinary items | $467,000 | 7,600 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $467,000 | 7,708 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $12,000 | 9,788 |
| Cash dividends | $300,000 | 3,979 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $467,000 | 7,247 |
* 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.