Home > Mercantile Bank > Income and Expense
Mercantile Bank, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $44,481,000 | 835 |
| Total interest expense | $21,145,000 | 844 |
| Net interest income | $23,336,000 | 818 |
| Provision for loan and lease losses | $657,000 | 1,263 |
| Total noninterest income | $13,570,000 | 504 |
| Gross Fiduciary activities income | $4,278,000 | 247 |
| Service charges on deposit accounts | $2,903,000 | 508 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $6,389,000 | 570 |
| Total noninterest expense | $25,390,000 | 661 |
| Salaries and employee benefits | $13,751,000 | 526 |
| Premises and equipment expense | $2,974,000 | 768 |
| Additional noninterest expense | $8,665,000 | 754 |
| Pre-tax net operating income | $10,859,000 | 787 |
| Securities gains (losses) | $3,000 | 3,092 |
| Applicable income taxes | $3,375,000 | 827 |
| Income before extraordinary items | $7,487,000 | 769 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $7,487,000 | 769 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $315,000 | 1,881 |
| Cash dividends | $8,000,000 | 448 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $7,484,930 | 760 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $39,873,000 | 832 |
| Total interest expense | $15,399,000 | 884 |
| Net interest income | $24,474,000 | 786 |
| Provision for loan and lease losses | $338,000 | 2,078 |
| Total noninterest income | $12,693,000 | 503 |
| Gross Fiduciary activities income | $3,970,000 | 251 |
| Service charges on deposit accounts | $2,870,000 | 494 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $5,853,000 | 587 |
| Total noninterest expense | $26,429,000 | 648 |
| Salaries and employee benefits | $13,590,000 | 538 |
| Premises and equipment expense | $3,040,000 | 757 |
| Additional noninterest expense | $9,799,000 | 712 |
| Pre-tax net operating income | $10,400,000 | 768 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $3,152,000 | 835 |
| Income before extraordinary items | $7,248,000 | 741 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $7,248,000 | 744 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,071,000 | 831 |
| Cash dividends | $6,684,000 | 465 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $7,248,000 | 747 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $39,378,000 | 843 |
| Total interest expense | $15,653,000 | 895 |
| Net interest income | $23,725,000 | 802 |
| Provision for loan and lease losses | $282,000 | 3,141 |
| Total noninterest income | $11,968,000 | 535 |
| Gross Fiduciary activities income | $4,864,000 | 228 |
| Service charges on deposit accounts | $2,895,000 | 489 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $4,209,000 | 775 |
| Total noninterest expense | $26,238,000 | 682 |
| Salaries and employee benefits | $11,923,000 | 613 |
| Premises and equipment expense | $2,968,000 | 787 |
| Additional noninterest expense | $11,347,000 | 690 |
| Pre-tax net operating income | $9,173,000 | 803 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $2,692,000 | 945 |
| Income before extraordinary items | $6,482,000 | 808 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $6,482,000 | 837 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $68,000 | 5,402 |
| Cash dividends | $2,250,000 | 917 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $6,481,290 | 756 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $31,503,000 | 1,163 |
| Total interest expense | $14,226,000 | 1,238 |
| Net interest income | $17,277,000 | 1,073 |
| Provision for loan and lease losses | $2,217,000 | 1,067 |
| Total noninterest income | $4,010,000 | 1,138 |
| Gross Fiduciary activities income | $1,443,000 | 453 |
| Service charges on deposit accounts | $2,090,000 | 654 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $477,000 | 3,280 |
| Total noninterest expense | $15,685,000 | 1,035 |
| Salaries and employee benefits | $5,161,000 | 1,304 |
| Premises and equipment expense | $1,890,000 | 1,169 |
| Additional noninterest expense | $8,634,000 | 870 |
| Pre-tax net operating income | $3,385,000 | 1,830 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $528,000 | 3,816 |
| Income before extraordinary items | $2,857,000 | 1,616 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $2,857,000 | 1,627 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,637,000 | 1,125 |
| Cash dividends | $2,850,000 | 624 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,857,000 | 1,500 |
* 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.