Home > Magna Bank > Income and Expense
Magna Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $9,410,000 | 3,465 |
| Total interest expense | $3,900,000 | 3,807 |
| Net interest income | $5,510,000 | 3,208 |
| Provision for loan and lease losses | $40,000 | 6,972 |
| Total noninterest income | $778,000 | 3,781 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $581,000 | 2,337 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $197,000 | 5,206 |
| Total noninterest expense | $3,451,000 | 3,823 |
| Salaries and employee benefits | $1,890,000 | 3,518 |
| Premises and equipment expense | $451,000 | 4,105 |
| Additional noninterest expense | $1,110,000 | 4,029 |
| Pre-tax net operating income | $2,797,000 | 2,511 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $993,000 | 2,365 |
| Income before extraordinary items | $1,804,000 | 2,698 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,804,000 | 2,700 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $89,000 | 4,157 |
| Cash dividends | $1,500,000 | 1,563 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,804,000 | 2,655 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $9,373,000 | 3,485 |
| Total interest expense | $3,984,000 | 3,692 |
| Net interest income | $5,389,000 | 3,296 |
| Provision for loan and lease losses | $36,000 | 6,768 |
| Total noninterest income | $721,000 | 3,990 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $530,000 | 2,539 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $191,000 | 5,266 |
| Total noninterest expense | $3,452,000 | 3,792 |
| Salaries and employee benefits | $1,802,000 | 3,639 |
| Premises and equipment expense | $431,000 | 4,254 |
| Additional noninterest expense | $1,219,000 | 3,688 |
| Pre-tax net operating income | $2,622,000 | 2,713 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $896,000 | 2,614 |
| Income before extraordinary items | $1,726,000 | 2,856 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,726,000 | 2,854 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $101,000 | 3,739 |
| Cash dividends | $1,500,000 | 1,498 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,726,000 | 2,818 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $8,666,000 | 3,458 |
| Total interest expense | $3,217,000 | 3,717 |
| Net interest income | $5,449,000 | 3,291 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $679,000 | 4,220 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $521,000 | 2,613 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $158,000 | 6,060 |
| Total noninterest expense | $3,563,000 | 3,787 |
| Salaries and employee benefits | $1,813,000 | 3,590 |
| Premises and equipment expense | $444,000 | 4,205 |
| Additional noninterest expense | $1,306,000 | 3,759 |
| Pre-tax net operating income | $2,565,000 | 2,758 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $818,000 | 2,716 |
| Income before extraordinary items | $1,747,000 | 2,771 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,747,000 | 2,772 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-81,000 | 12,151 |
| Cash dividends | $3,750,000 | 688 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,747,000 | 2,790 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $9,168,000 | 3,363 |
| Total interest expense | $3,409,000 | 3,687 |
| Net interest income | $5,759,000 | 3,146 |
| Provision for loan and lease losses | $180,000 | 4,132 |
| Total noninterest income | $694,000 | 4,469 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $557,000 | 2,477 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $137,000 | 6,855 |
| Total noninterest expense | $3,490,000 | 3,914 |
| Salaries and employee benefits | $1,774,000 | 3,661 |
| Premises and equipment expense | $403,000 | 4,683 |
| Additional noninterest expense | $1,313,000 | 3,904 |
| Pre-tax net operating income | $2,783,000 | 2,475 |
| Securities gains (losses) | $38,000 | 3,799 |
| Applicable income taxes | $948,000 | 2,394 |
| Income before extraordinary items | $1,873,000 | 2,688 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,873,000 | 2,765 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $38,000 | 6,608 |
| Cash dividends | $1,750,000 | 1,144 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,847,920 | 2,554 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $10,171,000 | 3,431 |
| Total interest expense | $4,436,000 | 3,695 |
| Net interest income | $5,735,000 | 3,204 |
| Provision for loan and lease losses | $35,000 | 9,755 |
| Total noninterest income | $724,000 | 4,294 |
| Gross Fiduciary activities income | $28,000 | 1,444 |
| Service charges on deposit accounts | $533,000 | 2,584 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $163,000 | 6,352 |
| Total noninterest expense | $3,464,000 | 3,967 |
| Salaries and employee benefits | $1,805,000 | 3,546 |
| Premises and equipment expense | $401,000 | 4,782 |
| Additional noninterest expense | $1,258,000 | 4,161 |
| Pre-tax net operating income | $2,960,000 | 2,102 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $994,000 | 2,123 |
| Income before extraordinary items | $1,966,000 | 2,324 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,966,000 | 2,363 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $9,000 | 10,059 |
| Cash dividends | $500,000 | 2,760 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,966,000 | 2,159 |
* 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.