Home > Magna Bank > Income and Expense
Magna Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $489,738,000 | 119 |
| Total interest expense | $250,320,000 | 116 |
| Net interest income | $239,418,000 | 125 |
| Provision for loan and lease losses | $28,947,000 | 110 |
| Total noninterest income | $69,266,000 | 180 |
| Gross Fiduciary activities income | $12,860,000 | 118 |
| Service charges on deposit accounts | $26,104,000 | 96 |
| Trading account gains and fees | $-5,000 | 4,465 |
| Additional Noninterest Income | $30,307,000 | 213 |
| Total noninterest expense | $167,986,000 | 154 |
| Salaries and employee benefits | $61,678,000 | 150 |
| Premises and equipment expense | $24,556,000 | 131 |
| Additional noninterest expense | $81,752,000 | 149 |
| Pre-tax net operating income | $111,751,000 | 137 |
| Securities gains (losses) | $2,583,000 | 150 |
| Applicable income taxes | $38,793,000 | 140 |
| Income before extraordinary items | $75,541,000 | 135 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $75,541,000 | 135 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,036,000 | 107 |
| Cash dividends | $28,522,000 | 178 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $73,836,220 | 131 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $387,419,000 | 165 |
| Total interest expense | $191,923,000 | 157 |
| Net interest income | $195,496,000 | 160 |
| Provision for loan and lease losses | $10,133,000 | 202 |
| Total noninterest income | $51,144,000 | 229 |
| Gross Fiduciary activities income | $9,625,000 | 147 |
| Service charges on deposit accounts | $23,443,000 | 119 |
| Trading account gains and fees | $-13,000 | 4,652 |
| Additional Noninterest Income | $18,089,000 | 309 |
| Total noninterest expense | $134,228,000 | 204 |
| Salaries and employee benefits | $46,904,000 | 205 |
| Premises and equipment expense | $22,235,000 | 157 |
| Additional noninterest expense | $65,089,000 | 200 |
| Pre-tax net operating income | $102,279,000 | 142 |
| Securities gains (losses) | $816,000 | 302 |
| Applicable income taxes | $35,406,000 | 148 |
| Income before extraordinary items | $67,689,000 | 151 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $67,689,000 | 150 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,277,000 | 232 |
| Cash dividends | $167,865,000 | 45 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $67,150,440 | 148 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $346,629,000 | 183 |
| Total interest expense | $161,959,000 | 187 |
| Net interest income | $184,670,000 | 168 |
| Provision for loan and lease losses | $9,992,000 | 181 |
| Total noninterest income | $40,331,000 | 267 |
| Gross Fiduciary activities income | $1,471,000 | 444 |
| Service charges on deposit accounts | $22,488,000 | 126 |
| Trading account gains and fees | $58,000 | 314 |
| Additional Noninterest Income | $16,314,000 | 331 |
| Total noninterest expense | $137,632,000 | 191 |
| Salaries and employee benefits | $43,601,000 | 218 |
| Premises and equipment expense | $21,174,000 | 168 |
| Additional noninterest expense | $72,857,000 | 179 |
| Pre-tax net operating income | $77,377,000 | 191 |
| Securities gains (losses) | $276,000 | 548 |
| Applicable income taxes | $25,016,000 | 192 |
| Income before extraordinary items | $52,637,000 | 189 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $52,637,000 | 188 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $11,244,000 | 172 |
| Cash dividends | $27,825,000 | 199 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $52,449,320 | 186 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $92,453,000 | 429 |
| Total interest expense | $37,066,000 | 459 |
| Net interest income | $55,387,000 | 410 |
| Provision for loan and lease losses | $300,000 | 2,237 |
| Total noninterest income | $12,167,000 | 510 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $6,710,000 | 267 |
| Trading account gains and fees | $-1,000 | 4,794 |
| Additional Noninterest Income | $5,458,000 | 611 |
| Total noninterest expense | $42,306,000 | 450 |
| Salaries and employee benefits | $13,873,000 | 528 |
| Premises and equipment expense | $6,579,000 | 400 |
| Additional noninterest expense | $21,854,000 | 416 |
| Pre-tax net operating income | $24,948,000 | 391 |
| Securities gains (losses) | $101,000 | 772 |
| Applicable income taxes | $8,004,000 | 402 |
| Income before extraordinary items | $17,045,000 | 360 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $17,045,000 | 360 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-728,000 | 12,563 |
| Cash dividends | $7,225,000 | 440 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $16,976,320 | 368 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $67,587,000 | 535 |
| Total interest expense | $27,855,000 | 556 |
| Net interest income | $39,732,000 | 524 |
| Provision for loan and lease losses | $4,200,000 | 493 |
| Total noninterest income | $12,010,000 | 533 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $5,289,000 | 300 |
| Trading account gains and fees | $513,000 | 164 |
| Additional Noninterest Income | $6,208,000 | 580 |
| Total noninterest expense | $36,487,000 | 522 |
| Salaries and employee benefits | $12,222,000 | 596 |
| Premises and equipment expense | $6,103,000 | 428 |
| Additional noninterest expense | $18,162,000 | 506 |
| Pre-tax net operating income | $11,055,000 | 653 |
| Securities gains (losses) | $589,000 | 800 |
| Applicable income taxes | $3,086,000 | 837 |
| Income before extraordinary items | $8,558,000 | 616 |
| Extraordinary gains, net | $2,149,000 | 123 |
| Net income | $10,707,000 | 527 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,283,000 | 405 |
| Cash dividends | $8,000,000 | 336 |
| Sale, conversion, retirement of capital stock, net | $-1,000 | 13,133 |
| Net operating income | $8,128,030 | 596 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $62,952,000 | 629 |
| Total interest expense | $27,665,000 | 690 |
| Net interest income | $35,287,000 | 584 |
| Provision for loan and lease losses | $5,633,000 | 547 |
| Total noninterest income | $10,363,000 | 586 |
| Gross Fiduciary activities income | $56,000 | 1,354 |
| Service charges on deposit accounts | $4,244,000 | 356 |
| Trading account gains and fees | $94,000 | 272 |
| Additional Noninterest Income | $5,969,000 | 593 |
| Total noninterest expense | $31,741,000 | 578 |
| Salaries and employee benefits | $12,480,000 | 585 |
| Premises and equipment expense | $6,387,000 | 419 |
| Additional noninterest expense | $12,874,000 | 632 |
| Pre-tax net operating income | $8,276,000 | 775 |
| Securities gains (losses) | $50,000 | 4,121 |
| Applicable income taxes | $2,521,000 | 921 |
| Income before extraordinary items | $5,805,000 | 822 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $5,805,000 | 824 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $6,947,000 | 424 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $5,770,000 | 749 |
* 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.