Home > Mercantile Bank > Income and Expense
Mercantile Bank, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $1,694,000 | 10,364 |
| Total interest expense | $671,000 | 10,251 |
| Net interest income | $1,023,000 | 10,320 |
| Provision for loan and lease losses | $41,000 | 6,560 |
| Total noninterest income | $171,000 | 9,287 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $132,000 | 7,306 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $39,000 | 10,213 |
| Total noninterest expense | $874,000 | 9,888 |
| Salaries and employee benefits | $359,000 | 10,650 |
| Premises and equipment expense | $123,000 | 9,301 |
| Additional noninterest expense | $392,000 | 8,903 |
| Pre-tax net operating income | $279,000 | 10,284 |
| Securities gains (losses) | $-22,000 | 10,411 |
| Applicable income taxes | $98,000 | 9,409 |
| Income before extraordinary items | $159,000 | 10,710 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $159,000 | 10,714 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $9,000 | 7,569 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $173,080 | 10,618 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,507,000 | 11,234 |
| Total interest expense | $613,000 | 11,061 |
| Net interest income | $894,000 | 11,190 |
| Provision for loan and lease losses | $36,000 | 8,112 |
| Total noninterest income | $144,000 | 10,332 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $98,000 | 8,433 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $46,000 | 10,323 |
| Total noninterest expense | $742,000 | 10,953 |
| Salaries and employee benefits | $284,000 | 11,829 |
| Premises and equipment expense | $109,000 | 10,160 |
| Additional noninterest expense | $349,000 | 9,849 |
| Pre-tax net operating income | $260,000 | 10,553 |
| Securities gains (losses) | $20,000 | 4,664 |
| Applicable income taxes | $107,000 | 9,575 |
| Income before extraordinary items | $173,000 | 10,948 |
| Extraordinary gains, net | $17,000 | 2,772 |
| Net income | $190,000 | 10,863 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,000 | 9,554 |
| Cash dividends | $84,000 | 7,236 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $160,200 | 10,876 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,554,000 | 11,835 |
| Total interest expense | $742,000 | 11,621 |
| Net interest income | $812,000 | 11,862 |
| Provision for loan and lease losses | $36,000 | 9,661 |
| Total noninterest income | $149,000 | 10,515 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $95,000 | 8,668 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $54,000 | 10,164 |
| Total noninterest expense | $652,000 | 11,766 |
| Salaries and employee benefits | $259,000 | 12,511 |
| Premises and equipment expense | $95,000 | 10,910 |
| Additional noninterest expense | $298,000 | 10,855 |
| Pre-tax net operating income | $273,000 | 10,393 |
| Securities gains (losses) | $3,000 | 7,429 |
| Applicable income taxes | $102,000 | 9,861 |
| Income before extraordinary items | $174,000 | 10,945 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $174,000 | 11,036 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $43,000 | 7,883 |
| Cash dividends | $28,000 | 8,296 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $172,080 | 10,630 |
* 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.