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FMB-First Michigan Bank, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$41,447,000847
Total interest expense$21,104,000805
Net interest income$20,343,000917
Provision for loan and lease losses$2,771,000482
Total noninterest income$4,363,0001,038
Gross Fiduciary activities income$761,000592
Service charges on deposit accounts$1,989,000678
Trading account gains and fees$0262
Additional Noninterest Income$1,613,0001,344
Total noninterest expense$14,910,0001,027
Salaries and employee benefits$7,903,000866
Premises and equipment expense$2,653,000820
Additional noninterest expense$4,354,0001,275
Pre-tax net operating income$7,025,0001,065
Securities gains (losses)$-15,00010,479
Applicable income taxes$2,023,0001,220
Income before extraordinary items$4,987,0001,050
Extraordinary gains, net$053
Net income$4,987,0001,051
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,990,000577
Cash dividends$08,336
Sale, conversion, retirement of capital stock, net$0953
Net operating income$4,997,6501,031
1995-12-31 (YTD Data)Rank
Total interest income$35,369,0001,004
Total interest expense$18,123,000961
Net interest income$17,246,0001,063
Provision for loan and lease losses$1,706,000644
Total noninterest income$3,189,0001,309
Gross Fiduciary activities income$595,000689
Service charges on deposit accounts$1,675,000786
Trading account gains and fees$0522
Additional Noninterest Income$919,0001,911
Total noninterest expense$13,709,0001,092
Salaries and employee benefits$7,389,000923
Premises and equipment expense$1,988,0001,062
Additional noninterest expense$4,332,0001,255
Pre-tax net operating income$5,020,0001,499
Securities gains (losses)$57,0001,220
Applicable income taxes$1,305,0001,864
Income before extraordinary items$3,772,0001,371
Extraordinary gains, net$065
Net income$3,772,0001,369
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$833,000998
Cash dividends$08,717
Sale, conversion, retirement of capital stock, net$0809
Net operating income$3,729,8201,370
1994-12-31 (YTD Data)Rank
Total interest income$25,323,0001,234
Total interest expense$11,029,0001,189
Net interest income$14,294,0001,271
Provision for loan and lease losses$1,712,000645
Total noninterest income$2,060,0001,810
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$1,515,000852
Trading account gains and fees$0475
Additional Noninterest Income$545,0002,783
Total noninterest expense$10,920,0001,346
Salaries and employee benefits$5,675,0001,191
Premises and equipment expense$1,489,0001,399
Additional noninterest expense$3,756,0001,495
Pre-tax net operating income$3,722,0001,911
Securities gains (losses)$03,600
Applicable income taxes$794,0002,781
Income before extraordinary items$2,928,0001,676
Extraordinary gains, net$0249
Net income$2,928,0001,675
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$759,0001,036
Cash dividends$08,932
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$2,928,0001,675
1993-12-31 (YTD Data)Rank
Total interest income$20,219,0001,549
Total interest expense$8,456,0001,575
Net interest income$11,763,0001,530
Provision for loan and lease losses$1,287,0001,106
Total noninterest income$1,915,0002,035
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$1,398,000947
Trading account gains and fees$0532
Additional Noninterest Income$517,0003,197
Total noninterest expense$9,120,0001,658
Salaries and employee benefits$4,509,0001,507
Premises and equipment expense$1,324,0001,592
Additional noninterest expense$3,287,0001,774
Pre-tax net operating income$3,271,0002,082
Securities gains (losses)$07,477
Applicable income taxes$673,0003,230
Income before extraordinary items$2,598,0001,928
Extraordinary gains, net$03,149
Net income$2,598,0001,996
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$820,0001,306
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$2,598,0001,813
1992-12-31 (YTD Data)Rank
Total interest income$18,791,0001,884
Total interest expense$8,565,0001,987
Net interest income$10,226,0001,787
Provision for loan and lease losses$1,372,0001,499
Total noninterest income$1,691,0002,174
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$1,148,0001,154
Trading account gains and fees$0504
Additional Noninterest Income$543,0003,021
Total noninterest expense$8,076,0001,876
Salaries and employee benefits$3,836,0001,729
Premises and equipment expense$1,130,0001,868
Additional noninterest expense$3,110,0001,945
Pre-tax net operating income$2,469,0002,524
Securities gains (losses)$12,0006,245
Applicable income taxes$461,0004,267
Income before extraordinary items$2,020,0002,268
Extraordinary gains, net$01,422
Net income$2,020,0002,300
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$1,098,0001,475
Cash dividends$08,912
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$2,010,2802,109

* 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.