Home > Grinnell Federal Savings Bank > Income and Expense
Grinnell Federal Savings Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $7,171,000 | 4,410 |
| Total interest expense | $4,260,000 | 3,451 |
| Net interest income | $2,911,000 | 5,431 |
| Provision for loan and lease losses | $96,000 | 5,266 |
| Total noninterest income | $372,000 | 5,967 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $372,000 | 3,444 |
| Total noninterest expense | $1,421,000 | 6,986 |
| Salaries and employee benefits | $933,000 | 6,137 |
| Premises and equipment expense | $184,000 | 7,131 |
| Additional noninterest expense | $304,000 | 8,278 |
| Pre-tax net operating income | $1,766,000 | 3,912 |
| Securities gains (losses) | $-51,000 | 10,653 |
| Applicable income taxes | $601,000 | 3,662 |
| Income before extraordinary items | $1,114,000 | 4,314 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,114,000 | 4,315 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $42,000 | 5,428 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,147,150 | 4,152 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,578,000 | 4,819 |
| Total interest expense | $3,944,000 | 3,754 |
| Net interest income | $2,634,000 | 5,987 |
| Provision for loan and lease losses | $310,000 | 2,501 |
| Total noninterest income | $352,000 | 6,421 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $352,000 | 3,681 |
| Total noninterest expense | $1,665,000 | 6,683 |
| Salaries and employee benefits | $875,000 | 6,582 |
| Premises and equipment expense | $156,000 | 7,919 |
| Additional noninterest expense | $634,000 | 6,135 |
| Pre-tax net operating income | $1,011,000 | 5,698 |
| Securities gains (losses) | $-46,000 | 11,009 |
| Applicable income taxes | $204,000 | 7,077 |
| Income before extraordinary items | $761,000 | 5,467 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $761,000 | 5,468 |
| 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 | $0 | 953 |
| Net operating income | $797,340 | 5,257 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,289,000 | 5,746 |
| Total interest expense | $3,309,000 | 4,359 |
| Net interest income | $1,980,000 | 7,363 |
| Provision for loan and lease losses | $12,000 | 8,132 |
| Total noninterest income | $179,000 | 8,798 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $179,000 | 5,456 |
| Total noninterest expense | $1,170,000 | 8,319 |
| Salaries and employee benefits | $752,000 | 7,386 |
| Premises and equipment expense | $132,000 | 8,739 |
| Additional noninterest expense | $286,000 | 9,391 |
| Pre-tax net operating income | $977,000 | 6,094 |
| Securities gains (losses) | $10,000 | 2,384 |
| Applicable income taxes | $317,000 | 5,810 |
| Income before extraordinary items | $670,000 | 6,175 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $670,000 | 6,173 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 7,680 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $663,200 | 6,202 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,098,000 | 6,579 |
| Total interest expense | $2,258,000 | 5,062 |
| Net interest income | $1,840,000 | 7,941 |
| Provision for loan and lease losses | $12,000 | 8,270 |
| Total noninterest income | $192,000 | 8,873 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $192,000 | 5,402 |
| Total noninterest expense | $1,183,000 | 8,677 |
| Salaries and employee benefits | $734,000 | 7,643 |
| Premises and equipment expense | $123,000 | 9,301 |
| Additional noninterest expense | $326,000 | 9,645 |
| Pre-tax net operating income | $837,000 | 6,694 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $303,000 | 5,839 |
| Income before extraordinary items | $534,000 | 7,046 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $534,000 | 7,058 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,921 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $2,187,000 | 288 |
| Net operating income | $534,000 | 7,090 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,886,000 | 7,010 |
| Total interest expense | $2,371,000 | 5,040 |
| Net interest income | $1,515,000 | 9,057 |
| Provision for loan and lease losses | $8,000 | 9,904 |
| Total noninterest income | $144,000 | 10,332 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $144,000 | 6,692 |
| Total noninterest expense | $894,000 | 10,215 |
| Salaries and employee benefits | $513,000 | 9,547 |
| Premises and equipment expense | $119,000 | 9,813 |
| Additional noninterest expense | $262,000 | 10,924 |
| Pre-tax net operating income | $757,000 | 7,049 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $295,000 | 6,142 |
| Income before extraordinary items | $462,000 | 7,868 |
| Extraordinary gains, net | $-51,000 | 12,731 |
| Net income | $411,000 | 8,477 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $153,000 | 3,626 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $462,000 | 7,613 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,178,000 | 7,276 |
| Total interest expense | $2,799,000 | 5,477 |
| Net interest income | $1,379,000 | 9,709 |
| Provision for loan and lease losses | $16,000 | 10,806 |
| Total noninterest income | $85,000 | 12,134 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $85,000 | 8,638 |
| Total noninterest expense | $792,000 | 11,042 |
| Salaries and employee benefits | $406,000 | 10,788 |
| Premises and equipment expense | $115,000 | 10,217 |
| Additional noninterest expense | $271,000 | 11,258 |
| Pre-tax net operating income | $656,000 | 7,351 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $252,000 | 6,625 |
| Income before extraordinary items | $404,000 | 8,171 |
| Extraordinary gains, net | $-50,000 | 13,585 |
| Net income | $354,000 | 8,807 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-2,000 | 12,286 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $404,000 | 7,817 |
* 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.