Home > Grand Bank > Income and Expense
Grand Bank, Income and Expense
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $11,545,000 | 2,643 |
| Total interest expense | $4,968,000 | 2,262 |
| Net interest income | $6,577,000 | 2,901 |
| Provision for loan and lease losses | $254,000 | 3,831 |
| Total noninterest income | $2,683,000 | 1,695 |
| Gross Fiduciary activities income | $1,487,000 | 330 |
| Service charges on deposit accounts | $199,000 | 5,206 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $997,000 | 2,189 |
| Total noninterest expense | $4,982,000 | 2,937 |
| Salaries and employee benefits | $2,749,000 | 2,849 |
| Premises and equipment expense | $488,000 | 4,012 |
| Additional noninterest expense | $1,745,000 | 2,605 |
| Pre-tax net operating income | $4,024,000 | 1,982 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $1,366,000 | 1,781 |
| Income before extraordinary items | $2,658,000 | 2,242 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $2,658,000 | 2,241 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $154,000 | 3,463 |
| Cash dividends | $1,000,000 | 2,224 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $2,658,000 | 2,168 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $16,892,000 | 2,027 |
| Total interest expense | $8,746,000 | 1,849 |
| Net interest income | $8,146,000 | 2,211 |
| Provision for loan and lease losses | $470,000 | 2,326 |
| Total noninterest income | $3,423,000 | 1,333 |
| Gross Fiduciary activities income | $1,613,000 | 324 |
| Service charges on deposit accounts | $286,000 | 4,279 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $1,524,000 | 1,498 |
| Total noninterest expense | $7,365,000 | 1,950 |
| Salaries and employee benefits | $4,574,000 | 1,639 |
| Premises and equipment expense | $587,000 | 3,424 |
| Additional noninterest expense | $2,204,000 | 2,044 |
| Pre-tax net operating income | $3,734,000 | 1,879 |
| Securities gains (losses) | $35,000 | 2,695 |
| Applicable income taxes | $1,139,000 | 1,898 |
| Income before extraordinary items | $2,630,000 | 1,994 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $2,630,000 | 1,997 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-46,000 | 9,390 |
| Cash dividends | $268,000 | 4,574 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $2,605,500 | 1,929 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $16,999,000 | 2,075 |
| Total interest expense | $9,157,000 | 1,883 |
| Net interest income | $7,842,000 | 2,267 |
| Provision for loan and lease losses | $490,000 | 1,910 |
| Total noninterest income | $2,481,000 | 1,598 |
| Gross Fiduciary activities income | $1,589,000 | 329 |
| Service charges on deposit accounts | $234,000 | 4,694 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $658,000 | 2,479 |
| Total noninterest expense | $6,360,000 | 2,162 |
| Salaries and employee benefits | $3,811,000 | 1,887 |
| Premises and equipment expense | $553,000 | 3,495 |
| Additional noninterest expense | $1,996,000 | 2,163 |
| Pre-tax net operating income | $3,473,000 | 2,102 |
| Securities gains (losses) | $-4,000 | 7,844 |
| Applicable income taxes | $1,218,000 | 1,803 |
| Income before extraordinary items | $2,251,000 | 2,289 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $2,251,000 | 2,289 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $92,000 | 3,718 |
| Cash dividends | $268,000 | 4,690 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $2,253,600 | 2,297 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $12,910,000 | 2,537 |
| Total interest expense | $6,407,000 | 2,298 |
| Net interest income | $6,503,000 | 2,707 |
| Provision for loan and lease losses | $304,000 | 2,609 |
| Total noninterest income | $2,425,000 | 1,611 |
| Gross Fiduciary activities income | $1,392,000 | 385 |
| Service charges on deposit accounts | $201,000 | 5,104 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $832,000 | 2,102 |
| Total noninterest expense | $5,855,000 | 2,326 |
| Salaries and employee benefits | $3,536,000 | 1,984 |
| Premises and equipment expense | $542,000 | 3,525 |
| Additional noninterest expense | $1,777,000 | 2,448 |
| Pre-tax net operating income | $2,769,000 | 2,571 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $992,000 | 2,230 |
| Income before extraordinary items | $1,777,000 | 2,841 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,777,000 | 2,842 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 9,087 |
| Cash dividends | $130,000 | 5,805 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,777,000 | 2,802 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $11,288,000 | 2,858 |
| Total interest expense | $5,236,000 | 2,871 |
| Net interest income | $6,052,000 | 2,840 |
| Provision for loan and lease losses | $543,000 | 1,619 |
| Total noninterest income | $2,297,000 | 1,655 |
| Gross Fiduciary activities income | $1,049,000 | 450 |
| Service charges on deposit accounts | $124,000 | 6,388 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $1,124,000 | 1,705 |
| Total noninterest expense | $5,405,000 | 2,413 |
| Salaries and employee benefits | $3,247,000 | 2,087 |
| Premises and equipment expense | $535,000 | 3,511 |
| Additional noninterest expense | $1,623,000 | 2,582 |
| Pre-tax net operating income | $2,401,000 | 2,880 |
| Securities gains (losses) | $6,000 | 3,324 |
| Applicable income taxes | $838,000 | 2,632 |
| Income before extraordinary items | $1,569,000 | 3,139 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,569,000 | 3,140 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,000 | 7,603 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,565,100 | 3,055 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $9,432,000 | 3,427 |
| Total interest expense | $4,764,000 | 3,125 |
| Net interest income | $4,668,000 | 3,713 |
| Provision for loan and lease losses | $204,000 | 3,400 |
| Total noninterest income | $1,101,000 | 2,820 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $95,000 | 7,313 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $1,006,000 | 1,730 |
| Total noninterest expense | $3,770,000 | 3,356 |
| Salaries and employee benefits | $2,094,000 | 3,166 |
| Premises and equipment expense | $356,000 | 4,828 |
| Additional noninterest expense | $1,320,000 | 3,069 |
| Pre-tax net operating income | $1,795,000 | 3,873 |
| Securities gains (losses) | $-42,000 | 10,602 |
| Applicable income taxes | $605,000 | 3,637 |
| Income before extraordinary items | $1,148,000 | 4,208 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,148,000 | 4,208 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $20,000 | 6,572 |
| Cash dividends | $203,000 | 5,328 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,175,300 | 4,068 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $8,345,000 | 3,876 |
| Total interest expense | $4,280,000 | 3,485 |
| Net interest income | $4,065,000 | 4,265 |
| Provision for loan and lease losses | $135,000 | 4,332 |
| Total noninterest income | $759,000 | 3,847 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $83,000 | 7,912 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $676,000 | 2,368 |
| Total noninterest expense | $3,158,000 | 4,132 |
| Salaries and employee benefits | $1,834,000 | 3,608 |
| Premises and equipment expense | $314,000 | 5,403 |
| Additional noninterest expense | $1,010,000 | 4,374 |
| Pre-tax net operating income | $1,531,000 | 4,266 |
| Securities gains (losses) | $13,000 | 2,310 |
| Applicable income taxes | $535,000 | 3,931 |
| Income before extraordinary items | $1,009,000 | 4,473 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,009,000 | 4,474 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-31,000 | 10,855 |
| Cash dividends | $172,000 | 5,762 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,000,550 | 4,457 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $7,679,000 | 4,168 |
| Total interest expense | $3,837,000 | 3,813 |
| Net interest income | $3,842,000 | 4,457 |
| Provision for loan and lease losses | $100,000 | 4,579 |
| Total noninterest income | $593,000 | 4,610 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $63,000 | 8,821 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $530,000 | 2,764 |
| Total noninterest expense | $3,005,000 | 4,288 |
| Salaries and employee benefits | $1,638,000 | 3,959 |
| Premises and equipment expense | $330,000 | 5,249 |
| Additional noninterest expense | $1,037,000 | 4,223 |
| Pre-tax net operating income | $1,330,000 | 4,876 |
| Securities gains (losses) | $2,000 | 3,270 |
| Applicable income taxes | $461,000 | 4,450 |
| Income before extraordinary items | $871,000 | 5,116 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $871,000 | 5,114 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $175,000 | 2,724 |
| Cash dividends | $160,000 | 5,934 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $869,700 | 5,110 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,877,000 | 4,955 |
| Total interest expense | $2,485,000 | 4,681 |
| Net interest income | $3,392,000 | 5,075 |
| Provision for loan and lease losses | $39,000 | 6,667 |
| Total noninterest income | $594,000 | 4,698 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $62,000 | 9,281 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $532,000 | 2,842 |
| Total noninterest expense | $2,676,000 | 4,860 |
| Salaries and employee benefits | $1,356,000 | 4,703 |
| Premises and equipment expense | $348,000 | 5,102 |
| Additional noninterest expense | $972,000 | 4,826 |
| Pre-tax net operating income | $1,271,000 | 5,017 |
| Securities gains (losses) | $-22,000 | 10,411 |
| Applicable income taxes | $434,000 | 4,494 |
| Income before extraordinary items | $815,000 | 5,287 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $815,000 | 5,297 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $311,000 | 1,856 |
| Cash dividends | $101,000 | 6,826 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $829,300 | 5,275 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,101,000 | 5,675 |
| Total interest expense | $2,445,000 | 4,925 |
| Net interest income | $2,656,000 | 6,243 |
| Provision for loan and lease losses | $8,000 | 9,904 |
| Total noninterest income | $711,000 | 4,388 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $60,000 | 9,682 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $651,000 | 2,729 |
| Total noninterest expense | $2,526,000 | 5,235 |
| Salaries and employee benefits | $1,194,000 | 5,267 |
| Premises and equipment expense | $290,000 | 6,016 |
| Additional noninterest expense | $1,042,000 | 4,753 |
| Pre-tax net operating income | $833,000 | 6,653 |
| Securities gains (losses) | $75,000 | 2,875 |
| Applicable income taxes | $307,000 | 5,986 |
| Income before extraordinary items | $601,000 | 6,768 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $601,000 | 6,940 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-27,000 | 12,315 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $551,500 | 6,876 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,239,000 | 6,152 |
| Total interest expense | $2,878,000 | 5,337 |
| Net interest income | $2,361,000 | 6,868 |
| Provision for loan and lease losses | $354,000 | 3,754 |
| Total noninterest income | $602,000 | 4,944 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $55,000 | 10,113 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $547,000 | 3,012 |
| Total noninterest expense | $2,151,000 | 6,030 |
| Salaries and employee benefits | $1,035,000 | 5,848 |
| Premises and equipment expense | $270,000 | 6,436 |
| Additional noninterest expense | $846,000 | 5,816 |
| Pre-tax net operating income | $458,000 | 8,728 |
| Securities gains (losses) | $10,000 | 6,439 |
| Applicable income taxes | $164,000 | 8,298 |
| Income before extraordinary items | $304,000 | 9,262 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $304,000 | 9,396 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $160,000 | 4,732 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $297,500 | 8,972 |
* 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.