Home > Magna Bank > Income and Expense
Magna Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $7,127,000 | 4,503 |
| Total interest expense | $3,173,000 | 4,547 |
| Net interest income | $3,954,000 | 4,376 |
| Provision for loan and lease losses | $250,000 | 2,928 |
| Total noninterest income | $449,000 | 5,549 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $357,000 | 3,689 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $92,000 | 7,384 |
| Total noninterest expense | $2,048,000 | 5,850 |
| Salaries and employee benefits | $1,174,000 | 5,303 |
| Premises and equipment expense | $147,000 | 8,133 |
| Additional noninterest expense | $727,000 | 5,587 |
| Pre-tax net operating income | $2,105,000 | 3,274 |
| Securities gains (losses) | $17,000 | 2,110 |
| Applicable income taxes | $741,000 | 3,049 |
| Income before extraordinary items | $1,381,000 | 3,447 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,381,000 | 3,446 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $199,000 | 2,685 |
| Cash dividends | $1,200,000 | 1,863 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,369,950 | 3,423 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $7,036,000 | 4,534 |
| Total interest expense | $3,305,000 | 4,362 |
| Net interest income | $3,731,000 | 4,604 |
| Provision for loan and lease losses | $125,000 | 4,002 |
| Total noninterest income | $417,000 | 5,829 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $338,000 | 3,889 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $79,000 | 7,981 |
| Total noninterest expense | $2,038,000 | 5,900 |
| Salaries and employee benefits | $1,091,000 | 5,636 |
| Premises and equipment expense | $152,000 | 8,217 |
| Additional noninterest expense | $795,000 | 5,276 |
| Pre-tax net operating income | $1,985,000 | 3,519 |
| Securities gains (losses) | $3,000 | 3,092 |
| Applicable income taxes | $704,000 | 3,220 |
| Income before extraordinary items | $1,284,000 | 3,723 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,284,000 | 3,719 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $54,000 | 4,995 |
| Cash dividends | $1,200,000 | 1,763 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,282,050 | 3,704 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $6,495,000 | 4,526 |
| Total interest expense | $2,842,000 | 4,157 |
| Net interest income | $3,653,000 | 4,751 |
| Provision for loan and lease losses | $235,000 | 2,747 |
| Total noninterest income | $376,000 | 6,382 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $305,000 | 4,303 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $71,000 | 8,612 |
| Total noninterest expense | $2,110,000 | 5,942 |
| Salaries and employee benefits | $1,083,000 | 5,715 |
| Premises and equipment expense | $182,000 | 7,818 |
| Additional noninterest expense | $845,000 | 5,448 |
| Pre-tax net operating income | $1,684,000 | 3,988 |
| Securities gains (losses) | $5,000 | 2,624 |
| Applicable income taxes | $551,000 | 3,762 |
| Income before extraordinary items | $1,138,000 | 4,056 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,138,000 | 4,058 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-13,000 | 10,986 |
| Cash dividends | $1,000,000 | 1,879 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,134,650 | 4,109 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,451,000 | 4,639 |
| Total interest expense | $2,937,000 | 4,182 |
| Net interest income | $3,514,000 | 4,943 |
| Provision for loan and lease losses | $120,000 | 5,200 |
| Total noninterest income | $362,000 | 6,877 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $307,000 | 4,337 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $55,000 | 9,815 |
| Total noninterest expense | $2,327,000 | 5,602 |
| Salaries and employee benefits | $1,092,000 | 5,685 |
| Premises and equipment expense | $191,000 | 7,864 |
| Additional noninterest expense | $1,044,000 | 4,742 |
| Pre-tax net operating income | $1,429,000 | 4,511 |
| Securities gains (losses) | $35,000 | 3,910 |
| Applicable income taxes | $473,000 | 4,381 |
| Income before extraordinary items | $991,000 | 4,741 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $991,000 | 4,877 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-21,000 | 12,163 |
| Cash dividends | $1,000,000 | 1,731 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $967,200 | 4,568 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,927,000 | 4,865 |
| Total interest expense | $3,553,000 | 4,497 |
| Net interest income | $3,374,000 | 5,173 |
| Provision for loan and lease losses | $130,000 | 6,495 |
| Total noninterest income | $492,000 | 5,703 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $305,000 | 4,381 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $187,000 | 5,899 |
| Total noninterest expense | $2,130,000 | 6,086 |
| Salaries and employee benefits | $1,031,000 | 5,868 |
| Premises and equipment expense | $188,000 | 8,127 |
| Additional noninterest expense | $911,000 | 5,461 |
| Pre-tax net operating income | $1,606,000 | 3,789 |
| Securities gains (losses) | $3,000 | 7,429 |
| Applicable income taxes | $532,000 | 3,789 |
| Income before extraordinary items | $1,077,000 | 4,210 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,077,000 | 4,258 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $31,000 | 8,449 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,074,990 | 3,910 |
* 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.