Home > Mechanics National Bank > Income and Expense
Mechanics National Bank, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $13,259,000 | 2,332 |
| Total interest expense | $5,407,000 | 2,388 |
| Net interest income | $7,852,000 | 2,292 |
| Provision for loan and lease losses | $9,444,000 | 290 |
| Total noninterest income | $5,901,000 | 870 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,856,000 | 731 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $4,045,000 | 797 |
| Total noninterest expense | $21,922,000 | 770 |
| Salaries and employee benefits | $8,324,000 | 836 |
| Premises and equipment expense | $2,295,000 | 961 |
| Additional noninterest expense | $11,303,000 | 696 |
| Pre-tax net operating income | $-17,613,000 | 13,264 |
| Securities gains (losses) | $220,000 | 1,588 |
| Applicable income taxes | $-137,000 | 12,992 |
| Income before extraordinary items | $-17,256,000 | 13,237 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $-17,256,000 | 13,235 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,129,000 | 296 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-17,473,800 | 13,234 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $18,126,000 | 1,960 |
| Total interest expense | $7,038,000 | 2,391 |
| Net interest income | $11,088,000 | 1,663 |
| Provision for loan and lease losses | $5,474,000 | 559 |
| Total noninterest income | $6,994,000 | 762 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,952,000 | 688 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $5,042,000 | 676 |
| Total noninterest expense | $19,480,000 | 868 |
| Salaries and employee benefits | $9,751,000 | 720 |
| Premises and equipment expense | $2,666,000 | 888 |
| Additional noninterest expense | $7,063,000 | 1,003 |
| Pre-tax net operating income | $-6,872,000 | 13,831 |
| Securities gains (losses) | $296,000 | 1,544 |
| Applicable income taxes | $-2,236,000 | 13,876 |
| Income before extraordinary items | $-4,340,000 | 13,780 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-4,340,000 | 13,779 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,649,000 | 648 |
| Cash dividends | $105,000 | 6,455 |
| Sale, conversion, retirement of capital stock, net | $12,000 | 1,054 |
| Net operating income | $-4,535,360 | 13,751 |
* 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.