Home > Great Lakes Bank > Income and Expense

Great Lakes Bank, Income and Expense

2003-09-30 (YTD Data)		Rank
Total interest income	$8,149,000	2,650
Total interest expense	$2,276,000	2,924
Net interest income	$5,873,000	2,488
Provision for loan and lease losses	$225,000	3,052
Total noninterest income	$1,000,000	3,136
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$396,000	2,968
Trading account gains and fees	$0	153
Additional Noninterest Income	$604,000	2,822
Total noninterest expense	$4,955,000	2,379
Salaries and employee benefits	$2,449,000	2,579
Premises and equipment expense	$1,001,000	1,710
Additional noninterest expense	$1,505,000	2,383
Pre-tax net operating income	$1,693,000	3,224
Securities gains (losses)	$0	4,204
Applicable income taxes	$581,000	2,734
Income before extraordinary items	$1,112,000	3,707
Extraordinary gains, net	$0	40
Net income	$1,112,000	3,707
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$78,000	3,610
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$1,112,000	3,535
2003-06-30 (YTD Data)		Rank
Total interest income	$5,370,000	2,702
Total interest expense	$1,531,000	2,989
Net interest income	$3,839,000	2,535
Provision for loan and lease losses	$150,000	3,000
Total noninterest income	$597,000	3,358
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$260,000	2,974
Trading account gains and fees	$0	150
Additional Noninterest Income	$337,000	3,085
Total noninterest expense	$3,356,000	2,337
Salaries and employee benefits	$1,660,000	2,530
Premises and equipment expense	$666,000	1,706
Additional noninterest expense	$1,030,000	2,301
Pre-tax net operating income	$930,000	3,677
Securities gains (losses)	$0	3,782
Applicable income taxes	$318,000	3,132
Income before extraordinary items	$612,000	4,234
Extraordinary gains, net	$0	30
Net income	$612,000	4,233
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$77,000	2,862
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$612,000	4,031
2003-03-31 (YTD Data)		Rank
Total interest income	$2,663,000	2,740
Total interest expense	$792,000	2,963
Net interest income	$1,871,000	2,584
Provision for loan and lease losses	$75,000	2,805
Total noninterest income	$282,000	3,384
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$124,000	3,004
Trading account gains and fees	$0	134
Additional Noninterest Income	$158,000	3,120
Total noninterest expense	$1,557,000	2,485
Salaries and employee benefits	$780,000	2,676
Premises and equipment expense	$336,000	1,696
Additional noninterest expense	$441,000	2,617
Pre-tax net operating income	$521,000	3,400
Securities gains (losses)	$0	2,891
Applicable income taxes	$178,000	2,900
Income before extraordinary items	$343,000	3,858
Extraordinary gains, net	$0	21
Net income	$343,000	3,856
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$38,000	2,492
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$343,000	3,680
2002-12-31 (YTD Data)		Rank
Total interest income	$10,268,000	2,950
Total interest expense	$3,513,000	3,088
Net interest income	$6,755,000	2,820
Provision for loan and lease losses	$275,000	3,639
Total noninterest income	$975,000	3,538
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$442,000	3,278
Trading account gains and fees	$0	153
Additional Noninterest Income	$533,000	3,171
Total noninterest expense	$5,934,000	2,489
Salaries and employee benefits	$3,037,000	2,596
Premises and equipment expense	$1,277,000	1,731
Additional noninterest expense	$1,620,000	2,773
Pre-tax net operating income	$1,521,000	4,076
Securities gains (losses)	$0	4,537
Applicable income taxes	$522,000	3,367
Income before extraordinary items	$999,000	4,605
Extraordinary gains, net	$0	70
Net income	$999,000	4,605
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$18,000	6,433
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$999,000	4,483
2001-12-31 (YTD Data)		Rank
Total interest income	$9,986,000	3,317
Total interest expense	$4,399,000	3,528
Net interest income	$5,587,000	3,135
Provision for loan and lease losses	$320,000	3,073
Total noninterest income	$782,000	3,917
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$406,000	3,348
Trading account gains and fees	$0	177
Additional Noninterest Income	$376,000	3,669
Total noninterest expense	$5,179,000	2,743
Salaries and employee benefits	$2,587,000	2,864
Premises and equipment expense	$1,093,000	1,959
Additional noninterest expense	$1,499,000	2,873
Pre-tax net operating income	$870,000	5,283
Securities gains (losses)	$0	4,612
Applicable income taxes	$314,000	4,178
Income before extraordinary items	$556,000	5,812
Extraordinary gains, net	$0	105
Net income	$556,000	5,815
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$16,000	6,506
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$556,000	5,691
2000-12-31 (YTD Data)		Rank
Total interest income	$8,737,000	3,829
Total interest expense	$3,542,000	4,348
Net interest income	$5,195,000	3,353
Provision for loan and lease losses	$368,000	2,436
Total noninterest income	$748,000	3,823
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$351,000	3,583
Trading account gains and fees	NA	NA
Additional Noninterest Income	$397,000	3,359
Total noninterest expense	$4,620,000	2,925
Salaries and employee benefits	$2,324,000	3,024
Premises and equipment expense	$984,000	2,096
Additional noninterest expense	$1,312,000	3,158
Pre-tax net operating income	$955,000	5,382
Securities gains (losses)	$0	1,956
Applicable income taxes	$353,000	4,251
Income before extraordinary items	$602,000	5,835
Extraordinary gains, net	$0	38
Net income	$602,000	5,833
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$101,000	3,555
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$602,000	5,850
1999-12-31 (YTD Data)		Rank
Total interest income	$7,154,000	4,320
Total interest expense	$2,937,000	4,678
Net interest income	$4,217,000	3,991
Provision for loan and lease losses	$151,000	4,227
Total noninterest income	$560,000	4,628
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$244,000	4,586
Trading account gains and fees	NA	NA
Additional Noninterest Income	$316,000	3,900
Total noninterest expense	$3,939,000	3,356
Salaries and employee benefits	$2,006,000	3,434
Premises and equipment expense	$808,000	2,514
Additional noninterest expense	$1,125,000	3,652
Pre-tax net operating income	$687,000	6,366
Securities gains (losses)	$0	3,155
Applicable income taxes	$259,000	5,121
Income before extraordinary items	$428,000	6,831
Extraordinary gains, net	$0	35
Net income	$428,000	6,830
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$8,000	6,980
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$428,000	6,806
1998-12-31 (YTD Data)		Rank
Total interest income	$5,737,000	5,164
Total interest expense	$2,436,000	5,462
Net interest income	$3,301,000	4,801
Provision for loan and lease losses	$120,000	4,610
Total noninterest income	$484,000	5,036
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$178,000	5,458
Trading account gains and fees	NA	NA
Additional Noninterest Income	$306,000	3,981
Total noninterest expense	$3,058,000	4,047
Salaries and employee benefits	$1,597,000	4,045
Premises and equipment expense	$517,000	3,594
Additional noninterest expense	$944,000	4,146
Pre-tax net operating income	$607,000	6,872
Securities gains (losses)	$0	4,449
Applicable income taxes	$224,000	5,903
Income before extraordinary items	$383,000	7,322
Extraordinary gains, net	$0	32
Net income	$383,000	7,319
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$40,000	5,328
Cash dividends	$0	7,473
Sale, conversion, retirement of capital stock, net	$60,000	837
Net operating income	$383,000	7,241
1997-12-31 (YTD Data)		Rank
Total interest income	$4,749,000	5,999
Total interest expense	$1,935,000	6,392
Net interest income	$2,814,000	5,555
Provision for loan and lease losses	$97,000	5,252
Total noninterest income	$336,000	6,284
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$164,000	5,915
Trading account gains and fees	NA	NA
Additional Noninterest Income	$172,000	5,333
Total noninterest expense	$2,465,000	4,827
Salaries and employee benefits	$1,295,000	4,795
Premises and equipment expense	$442,000	4,099
Additional noninterest expense	$728,000	5,069
Pre-tax net operating income	$588,000	7,482
Securities gains (losses)	$0	3,944
Applicable income taxes	$214,000	6,697
Income before extraordinary items	$374,000	7,821
Extraordinary gains, net	$0	44
Net income	$374,000	7,824
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$9,000	7,455
Cash dividends	$50,000	7,161
Sale, conversion, retirement of capital stock, net	$40,000	861
Net operating income	$374,000	7,764
1996-12-31 (YTD Data)		Rank
Total interest income	$3,490,000	7,405
Total interest expense	$1,325,000	8,032
Net interest income	$2,165,000	6,829
Provision for loan and lease losses	$77,000	5,672
Total noninterest income	$163,000	8,804
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$68,000	8,315
Trading account gains and fees	NA	NA
Additional Noninterest Income	$95,000	7,288
Total noninterest expense	$2,029,000	5,887
Salaries and employee benefits	$1,054,000	5,775
Premises and equipment expense	$373,000	4,796
Additional noninterest expense	$602,000	6,340
Pre-tax net operating income	$222,000	9,649
Securities gains (losses)	$0	4,148
Applicable income taxes	$0	10,572
Income before extraordinary items	$222,000	9,091
Extraordinary gains, net	$0	53
Net income	$222,000	9,094
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,000	8,612
Cash dividends	$0	8,336
Sale, conversion, retirement of capital stock, net	$1,019,000	370
Net operating income	$222,000	9,030
1995-12-31 (YTD Data)		Rank
Total interest income	$2,626,000	8,754
Total interest expense	$1,014,000	9,201
Net interest income	$1,612,000	8,228
Provision for loan and lease losses	$51,000	6,147
Total noninterest income	$187,000	8,635
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$87,000	8,120
Trading account gains and fees	NA	NA
Additional Noninterest Income	$100,000	7,238
Total noninterest expense	$1,704,000	6,728
Salaries and employee benefits	$888,000	6,612
Premises and equipment expense	$226,000	6,736
Additional noninterest expense	$590,000	6,596
Pre-tax net operating income	$40,000	11,350
Securities gains (losses)	$-3,000	9,402
Applicable income taxes	$0	11,151
Income before extraordinary items	$37,000	11,361
Extraordinary gains, net	$0	65
Net income	$37,000	11,359
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-1,000	9,816
Cash dividends	$0	8,717
Sale, conversion, retirement of capital stock, net	$550,000	366
Net operating income	$40,000	11,306
1994-12-31 (YTD Data)		Rank
Total interest income	$759,000	12,116
Total interest expense	$276,000	12,117
Net interest income	$483,000	12,056
Provision for loan and lease losses	$0	9,146
Total noninterest income	$92,000	10,935
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$42,000	9,972
Trading account gains and fees	NA	NA
Additional Noninterest Income	$50,000	9,618
Total noninterest expense	$904,000	9,759
Salaries and employee benefits	$387,000	10,399
Premises and equipment expense	$94,000	10,216
Additional noninterest expense	$423,000	8,597
Pre-tax net operating income	$-329,000	12,322
Securities gains (losses)	$0	3,600
Applicable income taxes	$-1,000	12,035
Income before extraordinary items	$-328,000	12,293
Extraordinary gains, net	$0	249
Net income	$-328,000	12,291
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-2,000	10,077
Cash dividends	$0	8,932
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$-328,000	12,305
1993-12-31 (YTD Data)		Rank
Total interest income	$1,332,000	11,612
Total interest expense	$415,000	12,153
Net interest income	$917,000	11,097
Provision for loan and lease losses	$10,000	9,731
Total noninterest income	$179,000	9,625
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$81,000	8,972
Trading account gains and fees	NA	NA
Additional Noninterest Income	$98,000	7,923
Total noninterest expense	$1,094,000	9,343
Salaries and employee benefits	$550,000	9,216
Premises and equipment expense	$199,000	7,707
Additional noninterest expense	$345,000	9,902
Pre-tax net operating income	$-8,000	12,464
Securities gains (losses)	$1,000	7,052
Applicable income taxes	$8,000	11,870
Income before extraordinary items	$-15,000	12,558
Extraordinary gains, net	$-4,000	12,212
Net income	$-19,000	12,600
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-4,000	11,292
Cash dividends	$19,000	8,722
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$-16,000	12,442
1992-12-31 (YTD Data)		Rank
Total interest income	$1,323,000	12,356
Total interest expense	$566,000	12,457
Net interest income	$757,000	12,088
Provision for loan and lease losses	$153,000	6,027
Total noninterest income	$332,000	7,326
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$84,000	9,029
Trading account gains and fees	NA	NA
Additional Noninterest Income	$248,000	4,980
Total noninterest expense	$1,048,000	9,760
Salaries and employee benefits	$483,000	9,938
Premises and equipment expense	$194,000	7,976
Additional noninterest expense	$371,000	9,932
Pre-tax net operating income	$-112,000	12,964
Securities gains (losses)	$1,000	7,986
Applicable income taxes	$-22,000	13,431
Income before extraordinary items	$-89,000	13,059
Extraordinary gains, net	$0	1,422
Net income	$-89,000	13,052
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$139,000	5,081
Cash dividends	$39,000	8,028
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$-89,800	12,895

* 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.