Home > Independence Bank of Chicago > Income and Expense
Independence Bank of Chicago, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $376,000 | 11,842 |
| Total interest expense | $149,000 | 11,813 |
| Net interest income | $227,000 | 11,837 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $130,000 | 9,662 |
| Gross Fiduciary activities income | $-2,000 | 3,414 |
| Service charges on deposit accounts | $62,000 | 8,863 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $70,000 | 8,356 |
| Total noninterest expense | $189,000 | 11,883 |
| Salaries and employee benefits | $83,000 | 11,905 |
| Premises and equipment expense | $59,000 | 10,818 |
| Additional noninterest expense | $47,000 | 11,904 |
| Pre-tax net operating income | $168,000 | 10,668 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $59,000 | 9,999 |
| Income before extraordinary items | $109,000 | 10,849 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $109,000 | 10,849 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 8,856 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $109,000 | 10,820 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $8,294,000 | 3,616 |
| Total interest expense | $2,826,000 | 4,178 |
| Net interest income | $5,468,000 | 3,281 |
| Provision for loan and lease losses | $-46,000 | 11,975 |
| Total noninterest income | $3,231,000 | 1,295 |
| Gross Fiduciary activities income | $87,000 | 1,207 |
| Service charges on deposit accounts | $1,733,000 | 770 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,411,000 | 1,446 |
| Total noninterest expense | $7,150,000 | 1,998 |
| Salaries and employee benefits | $3,358,000 | 1,985 |
| Premises and equipment expense | $1,299,000 | 1,584 |
| Additional noninterest expense | $2,493,000 | 2,140 |
| Pre-tax net operating income | $1,595,000 | 4,189 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $442,000 | 4,450 |
| Income before extraordinary items | $1,153,000 | 4,009 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,153,000 | 4,013 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $112,000 | 3,515 |
| Cash dividends | $953,000 | 2,004 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,153,000 | 4,045 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $8,325,000 | 3,671 |
| Total interest expense | $2,637,000 | 4,600 |
| Net interest income | $5,688,000 | 3,184 |
| Provision for loan and lease losses | $39,000 | 8,009 |
| Total noninterest income | $3,244,000 | 1,369 |
| Gross Fiduciary activities income | $124,000 | 1,167 |
| Service charges on deposit accounts | $1,608,000 | 809 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,512,000 | 1,542 |
| Total noninterest expense | $7,081,000 | 2,071 |
| Salaries and employee benefits | $3,707,000 | 1,810 |
| Premises and equipment expense | $1,095,000 | 1,895 |
| Additional noninterest expense | $2,279,000 | 2,438 |
| Pre-tax net operating income | $1,812,000 | 3,655 |
| Securities gains (losses) | $484,000 | 923 |
| Applicable income taxes | $350,000 | 5,498 |
| Income before extraordinary items | $1,946,000 | 2,590 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,946,000 | 2,682 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $81,000 | 5,012 |
| Cash dividends | $424,000 | 3,510 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,534,600 | 3,000 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $9,409,000 | 3,711 |
| Total interest expense | $3,174,000 | 4,924 |
| Net interest income | $6,235,000 | 2,923 |
| Provision for loan and lease losses | $425,000 | 3,322 |
| Total noninterest income | $3,087,000 | 1,403 |
| Gross Fiduciary activities income | $123,000 | 1,207 |
| Service charges on deposit accounts | $1,296,000 | 997 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,668,000 | 1,419 |
| Total noninterest expense | $7,219,000 | 2,044 |
| Salaries and employee benefits | $3,318,000 | 1,983 |
| Premises and equipment expense | $1,144,000 | 1,846 |
| Additional noninterest expense | $2,757,000 | 2,141 |
| Pre-tax net operating income | $1,678,000 | 3,656 |
| Securities gains (losses) | $503,000 | 1,082 |
| Applicable income taxes | $513,000 | 3,924 |
| Income before extraordinary items | $1,668,000 | 2,762 |
| Extraordinary gains, net | $-63,000 | 13,603 |
| Net income | $1,605,000 | 2,903 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $468,000 | 2,566 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,285,720 | 3,308 |
* 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.