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Independent Bank, Income and Expense
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $34,714,000 | 1,025 |
| Total interest expense | $14,766,000 | 1,175 |
| Net interest income | $19,948,000 | 867 |
| Provision for loan and lease losses | $1,395,000 | 814 |
| Total noninterest income | $5,673,000 | 847 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $1,577,000 | 856 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $4,096,000 | 711 |
| Total noninterest expense | $15,419,000 | 919 |
| Salaries and employee benefits | $6,479,000 | 1,087 |
| Premises and equipment expense | $1,916,000 | 1,046 |
| Additional noninterest expense | $7,024,000 | 742 |
| Pre-tax net operating income | $8,807,000 | 880 |
| Securities gains (losses) | $-21,000 | 8,768 |
| Applicable income taxes | $2,534,000 | 956 |
| Income before extraordinary items | $6,252,000 | 849 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $6,252,000 | 849 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,297,000 | 625 |
| Cash dividends | $3,125,000 | 927 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $6,266,910 | 843 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $29,058,000 | 1,128 |
| Total interest expense | $11,307,000 | 1,327 |
| Net interest income | $17,751,000 | 992 |
| Provision for loan and lease losses | $600,000 | 1,498 |
| Total noninterest income | $4,912,000 | 958 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $1,260,000 | 1,058 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $3,652,000 | 786 |
| Total noninterest expense | $15,401,000 | 923 |
| Salaries and employee benefits | $6,387,000 | 1,076 |
| Premises and equipment expense | $1,790,000 | 1,122 |
| Additional noninterest expense | $7,224,000 | 762 |
| Pre-tax net operating income | $6,662,000 | 1,163 |
| Securities gains (losses) | $-89,000 | 9,935 |
| Applicable income taxes | $1,933,000 | 1,260 |
| Income before extraordinary items | $4,640,000 | 1,185 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $4,640,000 | 1,185 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $385,000 | 1,497 |
| Cash dividends | $2,900,000 | 1,007 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $4,703,190 | 1,149 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $28,439,000 | 1,147 |
| Total interest expense | $11,417,000 | 1,355 |
| Net interest income | $17,022,000 | 986 |
| Provision for loan and lease losses | $940,000 | 1,024 |
| Total noninterest income | $4,059,000 | 1,076 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $980,000 | 1,273 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $3,079,000 | 887 |
| Total noninterest expense | $13,854,000 | 980 |
| Salaries and employee benefits | $5,699,000 | 1,147 |
| Premises and equipment expense | $1,513,000 | 1,272 |
| Additional noninterest expense | $6,642,000 | 790 |
| Pre-tax net operating income | $6,287,000 | 1,184 |
| Securities gains (losses) | $76,000 | 1,456 |
| Applicable income taxes | $1,962,000 | 1,292 |
| Income before extraordinary items | $4,401,000 | 1,212 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $4,401,000 | 1,212 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $363,000 | 1,631 |
| Cash dividends | $3,600,000 | 845 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $4,348,560 | 1,186 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $27,184,000 | 1,235 |
| Total interest expense | $11,444,000 | 1,377 |
| Net interest income | $15,740,000 | 1,124 |
| Provision for loan and lease losses | $820,000 | 1,156 |
| Total noninterest income | $2,062,000 | 1,721 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $939,000 | 1,370 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,123,000 | 1,630 |
| Total noninterest expense | $11,199,000 | 1,183 |
| Salaries and employee benefits | $4,442,000 | 1,470 |
| Premises and equipment expense | $1,448,000 | 1,358 |
| Additional noninterest expense | $5,309,000 | 921 |
| Pre-tax net operating income | $5,783,000 | 1,340 |
| Securities gains (losses) | $205,000 | 694 |
| Applicable income taxes | $1,859,000 | 1,410 |
| Income before extraordinary items | $4,129,000 | 1,321 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $4,129,000 | 1,322 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $729,000 | 998 |
| Cash dividends | $4,250,000 | 708 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $3,987,550 | 1,328 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $21,991,000 | 1,525 |
| Total interest expense | $9,282,000 | 1,704 |
| Net interest income | $12,709,000 | 1,412 |
| Provision for loan and lease losses | $810,000 | 1,192 |
| Total noninterest income | $1,540,000 | 2,255 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $717,000 | 1,899 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $823,000 | 2,068 |
| Total noninterest expense | $8,917,000 | 1,584 |
| Salaries and employee benefits | $3,315,000 | 1,997 |
| Premises and equipment expense | $1,258,000 | 1,625 |
| Additional noninterest expense | $4,344,000 | 1,276 |
| Pre-tax net operating income | $4,522,000 | 1,602 |
| Securities gains (losses) | $15,000 | 2,201 |
| Applicable income taxes | $1,373,000 | 1,743 |
| Income before extraordinary items | $3,164,000 | 1,569 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $3,164,000 | 1,570 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $435,000 | 1,584 |
| Cash dividends | $1,375,000 | 1,695 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $3,153,500 | 1,543 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $13,943,000 | 2,402 |
| Total interest expense | $5,792,000 | 2,652 |
| Net interest income | $8,151,000 | 2,209 |
| Provision for loan and lease losses | $316,000 | 2,208 |
| Total noninterest income | $892,000 | 3,386 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $447,000 | 3,028 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $445,000 | 3,096 |
| Total noninterest expense | $5,221,000 | 2,598 |
| Salaries and employee benefits | $1,760,000 | 3,719 |
| Premises and equipment expense | $559,000 | 3,412 |
| Additional noninterest expense | $2,902,000 | 1,750 |
| Pre-tax net operating income | $3,506,000 | 2,098 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $996,000 | 2,393 |
| Income before extraordinary items | $2,510,000 | 2,014 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $2,510,000 | 2,011 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $362,000 | 1,715 |
| Cash dividends | $1,125,000 | 1,845 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $2,510,000 | 1,987 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $11,656,000 | 2,603 |
| Total interest expense | $4,079,000 | 2,983 |
| Net interest income | $7,577,000 | 2,386 |
| Provision for loan and lease losses | $194,000 | 3,091 |
| Total noninterest income | $801,000 | 3,725 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $443,000 | 3,090 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $358,000 | 3,666 |
| Total noninterest expense | $4,893,000 | 2,832 |
| Salaries and employee benefits | $1,613,000 | 4,001 |
| Premises and equipment expense | $589,000 | 3,322 |
| Additional noninterest expense | $2,691,000 | 2,013 |
| Pre-tax net operating income | $3,291,000 | 2,162 |
| Securities gains (losses) | $20,000 | 1,779 |
| Applicable income taxes | $931,000 | 2,397 |
| Income before extraordinary items | $2,380,000 | 2,058 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,380,000 | 2,056 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $183,000 | 2,637 |
| Cash dividends | $2,010,000 | 1,091 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,365,600 | 2,083 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $11,456,000 | 2,704 |
| Total interest expense | $4,095,000 | 3,099 |
| Net interest income | $7,361,000 | 2,434 |
| Provision for loan and lease losses | $253,000 | 3,355 |
| Total noninterest income | $884,000 | 3,682 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $428,000 | 3,241 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $456,000 | 3,456 |
| Total noninterest expense | $4,954,000 | 2,880 |
| Salaries and employee benefits | $1,561,000 | 4,129 |
| Premises and equipment expense | $576,000 | 3,449 |
| Additional noninterest expense | $2,817,000 | 2,010 |
| Pre-tax net operating income | $3,038,000 | 2,251 |
| Securities gains (losses) | $219,000 | 1,593 |
| Applicable income taxes | $907,000 | 2,502 |
| Income before extraordinary items | $2,350,000 | 2,133 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,350,000 | 2,215 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $221,000 | 2,945 |
| Cash dividends | $2,200,000 | 931 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,192,320 | 2,147 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $12,956,000 | 2,719 |
| Total interest expense | $5,302,000 | 3,125 |
| Net interest income | $7,654,000 | 2,353 |
| Provision for loan and lease losses | $500,000 | 2,991 |
| Total noninterest income | $748,000 | 4,184 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $443,000 | 3,161 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $305,000 | 4,373 |
| Total noninterest expense | $4,801,000 | 2,981 |
| Salaries and employee benefits | $1,511,000 | 4,209 |
| Premises and equipment expense | $572,000 | 3,517 |
| Additional noninterest expense | $2,718,000 | 2,166 |
| Pre-tax net operating income | $3,101,000 | 2,002 |
| Securities gains (losses) | $70,000 | 3,586 |
| Applicable income taxes | $920,000 | 2,273 |
| Income before extraordinary items | $2,251,000 | 2,042 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $2,251,000 | 2,071 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $345,000 | 3,087 |
| Cash dividends | $1,865,000 | 914 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,201,300 | 1,915 |
* 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.