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FMB-First Michigan Bank, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$102,105,000430
Total interest expense$49,413,000428
Net interest income$52,692,000423
Provision for loan and lease losses$3,864,000398
Total noninterest income$16,499,000436
Gross Fiduciary activities income$3,892,000250
Service charges on deposit accounts$4,179,000359
Trading account gains and fees$0262
Additional Noninterest Income$8,428,000475
Total noninterest expense$35,604,000497
Salaries and employee benefits$19,459,000391
Premises and equipment expense$5,745,000426
Additional noninterest expense$10,400,000654
Pre-tax net operating income$29,723,000347
Securities gains (losses)$-51,00011,041
Applicable income taxes$9,094,000383
Income before extraordinary items$20,578,000334
Extraordinary gains, net$053
Net income$20,578,000334
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,785,000469
Cash dividends$9,100,000449
Sale, conversion, retirement of capital stock, net$0953
Net operating income$20,613,190326
1995-12-31 (YTD Data)Rank
Total interest income$94,196,000467
Total interest expense$46,488,000476
Net interest income$47,708,000468
Provision for loan and lease losses$3,415,000406
Total noninterest income$12,499,000522
Gross Fiduciary activities income$3,456,000278
Service charges on deposit accounts$3,723,000416
Trading account gains and fees$0522
Additional Noninterest Income$5,320,000642
Total noninterest expense$33,899,000526
Salaries and employee benefits$18,400,000432
Premises and equipment expense$4,545,000530
Additional noninterest expense$10,954,000638
Pre-tax net operating income$22,893,000437
Securities gains (losses)$149,000783
Applicable income taxes$6,780,000496
Income before extraordinary items$16,262,000412
Extraordinary gains, net$065
Net income$16,262,000411
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,822,000605
Cash dividends$10,400,000384
Sale, conversion, retirement of capital stock, net$0809
Net operating income$16,156,210409
1994-12-31 (YTD Data)Rank
Total interest income$73,430,000502
Total interest expense$31,019,000516
Net interest income$42,411,000495
Provision for loan and lease losses$2,936,000446
Total noninterest income$7,508,000712
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$3,462,000432
Trading account gains and fees$0475
Additional Noninterest Income$4,046,000728
Total noninterest expense$28,626,000609
Salaries and employee benefits$15,015,000494
Premises and equipment expense$3,804,000609
Additional noninterest expense$9,807,000711
Pre-tax net operating income$18,357,000483
Securities gains (losses)$-141,00011,754
Applicable income taxes$4,917,000577
Income before extraordinary items$13,299,000453
Extraordinary gains, net$0249
Net income$13,299,000452
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,575,000661
Cash dividends$1,900,0001,165
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$13,401,930458
1993-12-31 (YTD Data)Rank
Total interest income$61,826,000575
Total interest expense$25,999,000582
Net interest income$35,827,000564
Provision for loan and lease losses$2,149,000768
Total noninterest income$8,823,000663
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$3,074,000466
Trading account gains and fees$0532
Additional Noninterest Income$5,749,000613
Total noninterest expense$26,047,000684
Salaries and employee benefits$13,469,000553
Premises and equipment expense$3,389,000699
Additional noninterest expense$9,189,000812
Pre-tax net operating income$16,454,000477
Securities gains (losses)$33,0003,976
Applicable income taxes$4,374,000599
Income before extraordinary items$12,113,000463
Extraordinary gains, net$03,149
Net income$12,113,000475
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,313,000945
Cash dividends$5,300,000455
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$12,088,910436
1992-12-31 (YTD Data)Rank
Total interest income$62,314,000637
Total interest expense$28,892,000666
Net interest income$33,422,000614
Provision for loan and lease losses$2,726,000908
Total noninterest income$8,078,000689
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$2,746,000507
Trading account gains and fees$0504
Additional Noninterest Income$5,332,000651
Total noninterest expense$23,882,000736
Salaries and employee benefits$12,062,000610
Premises and equipment expense$2,960,000808
Additional noninterest expense$8,860,000856
Pre-tax net operating income$14,892,000446
Securities gains (losses)$58,0003,883
Applicable income taxes$3,814,000625
Income before extraordinary items$11,136,000446
Extraordinary gains, net$01,422
Net income$11,136,000450
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,042,000952
Cash dividends$5,300,000359
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$11,093,080408

* 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.