Home > Magna Bank > Income and Expense
Magna Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $41,200,000 | 852 |
| Total interest expense | $19,162,000 | 878 |
| Net interest income | $22,038,000 | 845 |
| Provision for loan and lease losses | $1,725,000 | 697 |
| Total noninterest income | $9,140,000 | 628 |
| Gross Fiduciary activities income | $2,366,000 | 325 |
| Service charges on deposit accounts | $1,744,000 | 763 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $5,030,000 | 640 |
| Total noninterest expense | $17,073,000 | 900 |
| Salaries and employee benefits | $9,331,000 | 743 |
| Premises and equipment expense | $3,295,000 | 677 |
| Additional noninterest expense | $4,447,000 | 1,254 |
| Pre-tax net operating income | $12,380,000 | 659 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $4,122,000 | 679 |
| Income before extraordinary items | $8,258,000 | 683 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $8,258,000 | 683 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $614,000 | 1,229 |
| Cash dividends | $7,000,000 | 542 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $8,258,000 | 665 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $37,507,000 | 950 |
| Total interest expense | $17,248,000 | 991 |
| Net interest income | $20,259,000 | 922 |
| Provision for loan and lease losses | $600,000 | 1,345 |
| Total noninterest income | $8,565,000 | 667 |
| Gross Fiduciary activities income | $2,297,000 | 353 |
| Service charges on deposit accounts | $1,560,000 | 847 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $4,708,000 | 686 |
| Total noninterest expense | $17,163,000 | 901 |
| Salaries and employee benefits | $8,916,000 | 790 |
| Premises and equipment expense | $3,082,000 | 745 |
| Additional noninterest expense | $5,165,000 | 1,093 |
| Pre-tax net operating income | $11,061,000 | 770 |
| Securities gains (losses) | $7,000 | 2,620 |
| Applicable income taxes | $3,555,000 | 793 |
| Income before extraordinary items | $7,513,000 | 765 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $7,513,000 | 765 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,091,000 | 838 |
| Cash dividends | $5,000,000 | 632 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $7,508,240 | 754 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $30,998,000 | 1,022 |
| Total interest expense | $12,045,000 | 1,091 |
| Net interest income | $18,953,000 | 976 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $8,806,000 | 646 |
| Gross Fiduciary activities income | $2,223,000 | 347 |
| Service charges on deposit accounts | $1,394,000 | 948 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $5,189,000 | 630 |
| Total noninterest expense | $17,789,000 | 888 |
| Salaries and employee benefits | $9,126,000 | 762 |
| Premises and equipment expense | $3,329,000 | 694 |
| Additional noninterest expense | $5,334,000 | 1,111 |
| Pre-tax net operating income | $9,970,000 | 801 |
| Securities gains (losses) | $-11,000 | 9,904 |
| Applicable income taxes | $2,944,000 | 893 |
| Income before extraordinary items | $7,015,000 | 761 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $7,015,000 | 761 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $224,000 | 2,313 |
| Cash dividends | $17,500,000 | 232 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $7,022,700 | 767 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $30,270,000 | 1,052 |
| Total interest expense | $11,098,000 | 1,227 |
| Net interest income | $19,172,000 | 957 |
| Provision for loan and lease losses | $420,000 | 2,359 |
| Total noninterest income | $8,779,000 | 669 |
| Gross Fiduciary activities income | $2,592,000 | 327 |
| Service charges on deposit accounts | $1,494,000 | 880 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $4,693,000 | 703 |
| Total noninterest expense | $17,211,000 | 948 |
| Salaries and employee benefits | $9,112,000 | 759 |
| Premises and equipment expense | $3,227,000 | 726 |
| Additional noninterest expense | $4,872,000 | 1,298 |
| Pre-tax net operating income | $10,320,000 | 708 |
| Securities gains (losses) | $20,000 | 4,664 |
| Applicable income taxes | $3,098,000 | 834 |
| Income before extraordinary items | $7,242,000 | 721 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $7,242,000 | 745 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $968,000 | 1,172 |
| Cash dividends | $6,000,000 | 407 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $7,228,000 | 674 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $34,482,000 | 1,063 |
| Total interest expense | $14,990,000 | 1,190 |
| Net interest income | $19,492,000 | 961 |
| Provision for loan and lease losses | $1,650,000 | 1,316 |
| Total noninterest income | $7,576,000 | 725 |
| Gross Fiduciary activities income | $2,012,000 | 384 |
| Service charges on deposit accounts | $1,462,000 | 891 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $4,102,000 | 773 |
| Total noninterest expense | $16,539,000 | 991 |
| Salaries and employee benefits | $8,277,000 | 822 |
| Premises and equipment expense | $2,991,000 | 802 |
| Additional noninterest expense | $5,271,000 | 1,258 |
| Pre-tax net operating income | $8,879,000 | 731 |
| Securities gains (losses) | $195,000 | 2,044 |
| Applicable income taxes | $2,590,000 | 891 |
| Income before extraordinary items | $6,484,000 | 732 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $6,484,000 | 729 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $568,000 | 2,258 |
| Cash dividends | $2,000,000 | 832 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $6,345,550 | 679 |
* 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.