Home > Magna Bank > Income and Expense
Magna Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $9,817,000 | 3,338 |
| Total interest expense | $4,376,000 | 3,405 |
| Net interest income | $5,441,000 | 3,252 |
| Provision for loan and lease losses | $-200,000 | 11,333 |
| Total noninterest income | $441,000 | 5,617 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $265,000 | 4,613 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $176,000 | 5,526 |
| Total noninterest expense | $2,545,000 | 4,927 |
| Salaries and employee benefits | $1,155,000 | 5,374 |
| Premises and equipment expense | $192,000 | 7,172 |
| Additional noninterest expense | $1,198,000 | 3,788 |
| Pre-tax net operating income | $3,537,000 | 2,033 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $1,402,000 | 1,705 |
| Income before extraordinary items | $2,135,000 | 2,300 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $2,135,000 | 2,301 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $234,000 | 2,436 |
| Cash dividends | $1,500,000 | 1,563 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $2,135,000 | 2,250 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $9,949,000 | 3,294 |
| Total interest expense | $4,786,000 | 3,142 |
| Net interest income | $5,163,000 | 3,429 |
| Provision for loan and lease losses | $-250,000 | 11,833 |
| Total noninterest income | $362,000 | 6,344 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $200,000 | 5,690 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $162,000 | 5,769 |
| Total noninterest expense | $2,900,000 | 4,419 |
| Salaries and employee benefits | $1,175,000 | 5,303 |
| Premises and equipment expense | $193,000 | 7,333 |
| Additional noninterest expense | $1,532,000 | 3,037 |
| Pre-tax net operating income | $2,875,000 | 2,512 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $1,131,000 | 2,132 |
| Income before extraordinary items | $1,744,000 | 2,827 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,744,000 | 2,825 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-121,000 | 11,772 |
| Cash dividends | $1,500,000 | 1,498 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,744,000 | 2,789 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $9,760,000 | 3,094 |
| Total interest expense | $4,387,000 | 2,792 |
| Net interest income | $5,373,000 | 3,338 |
| Provision for loan and lease losses | $-100,000 | 12,140 |
| Total noninterest income | $268,000 | 7,684 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $189,000 | 6,086 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $79,000 | 8,286 |
| Total noninterest expense | $2,987,000 | 4,430 |
| Salaries and employee benefits | $1,189,000 | 5,277 |
| Premises and equipment expense | $230,000 | 6,858 |
| Additional noninterest expense | $1,568,000 | 3,179 |
| Pre-tax net operating income | $2,754,000 | 2,575 |
| Securities gains (losses) | $-12,000 | 9,966 |
| Applicable income taxes | $1,020,000 | 2,194 |
| Income before extraordinary items | $1,722,000 | 2,822 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,722,000 | 2,824 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-96,000 | 12,207 |
| Cash dividends | $14,000,000 | 276 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,729,680 | 2,817 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $11,081,000 | 2,798 |
| Total interest expense | $4,890,000 | 2,622 |
| Net interest income | $6,191,000 | 2,942 |
| Provision for loan and lease losses | $50,000 | 7,415 |
| Total noninterest income | $243,000 | 8,472 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $132,000 | 7,532 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $111,000 | 7,550 |
| Total noninterest expense | $3,027,000 | 4,471 |
| Salaries and employee benefits | $1,263,000 | 5,008 |
| Premises and equipment expense | $228,000 | 7,133 |
| Additional noninterest expense | $1,536,000 | 3,438 |
| Pre-tax net operating income | $3,357,000 | 2,028 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $1,260,000 | 1,853 |
| Income before extraordinary items | $2,098,000 | 2,383 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,098,000 | 2,480 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-119,000 | 12,990 |
| Cash dividends | $2,000,000 | 1,012 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,097,360 | 2,238 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $12,974,000 | 2,715 |
| Total interest expense | $6,515,000 | 2,590 |
| Net interest income | $6,459,000 | 2,838 |
| Provision for loan and lease losses | $330,000 | 3,911 |
| Total noninterest income | $629,000 | 4,795 |
| Gross Fiduciary activities income | $132,000 | 1,187 |
| Service charges on deposit accounts | $140,000 | 7,385 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $357,000 | 3,985 |
| Total noninterest expense | $3,137,000 | 4,340 |
| Salaries and employee benefits | $1,272,000 | 4,914 |
| Premises and equipment expense | $199,000 | 7,855 |
| Additional noninterest expense | $1,666,000 | 3,281 |
| Pre-tax net operating income | $3,621,000 | 1,703 |
| Securities gains (losses) | $-29,000 | 13,577 |
| Applicable income taxes | $1,340,000 | 1,590 |
| Income before extraordinary items | $2,252,000 | 2,040 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $2,252,000 | 2,069 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $71,000 | 6,726 |
| Cash dividends | $2,500,000 | 692 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,270,560 | 1,850 |
* 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.