Home > Mercantile Bank > Income and Expense
Mercantile Bank, Income and Expense
1996-12-31 (YTD Data) | Rank | |
Total interest income | $2,907,000 | 8,119 |
Total interest expense | $1,001,000 | 8,999 |
Net interest income | $1,906,000 | 7,341 |
Provision for loan and lease losses | $0 | 9,041 |
Total noninterest income | $287,000 | 7,106 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $171,000 | 6,101 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $116,000 | 6,703 |
Total noninterest expense | $996,000 | 8,680 |
Salaries and employee benefits | $549,000 | 8,499 |
Premises and equipment expense | $104,000 | 9,176 |
Additional noninterest expense | $343,000 | 8,432 |
Pre-tax net operating income | $1,197,000 | 5,132 |
Securities gains (losses) | $0 | 4,148 |
Applicable income taxes | $444,000 | 4,548 |
Income before extraordinary items | $753,000 | 5,515 |
Extraordinary gains, net | $0 | 53 |
Net income | $753,000 | 5,516 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-16,000 | 10,584 |
Cash dividends | $800,000 | 2,476 |
Sale, conversion, retirement of capital stock, net | $0 | 953 |
Net operating income | $753,000 | 5,463 |
1995-12-31 (YTD Data) | Rank | |
Total interest income | $2,916,000 | 8,334 |
Total interest expense | $985,000 | 9,311 |
Net interest income | $1,931,000 | 7,458 |
Provision for loan and lease losses | $0 | 8,958 |
Total noninterest income | $267,000 | 7,483 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $190,000 | 5,864 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $77,000 | 8,059 |
Total noninterest expense | $1,045,000 | 8,776 |
Salaries and employee benefits | $507,000 | 9,051 |
Premises and equipment expense | $113,000 | 9,239 |
Additional noninterest expense | $425,000 | 7,953 |
Pre-tax net operating income | $1,153,000 | 5,408 |
Securities gains (losses) | $0 | 3,831 |
Applicable income taxes | $426,000 | 4,727 |
Income before extraordinary items | $727,000 | 5,832 |
Extraordinary gains, net | $0 | 65 |
Net income | $727,000 | 5,829 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-18,000 | 10,972 |
Cash dividends | $500,000 | 3,291 |
Sale, conversion, retirement of capital stock, net | $0 | 809 |
Net operating income | $727,000 | 5,815 |
1994-12-31 (YTD Data) | Rank | |
Total interest income | $2,652,000 | 8,649 |
Total interest expense | $866,000 | 9,279 |
Net interest income | $1,786,000 | 8,074 |
Provision for loan and lease losses | $0 | 9,146 |
Total noninterest income | $279,000 | 7,533 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $203,000 | 5,805 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $76,000 | 8,407 |
Total noninterest expense | $1,112,000 | 8,935 |
Salaries and employee benefits | $542,000 | 9,025 |
Premises and equipment expense | $118,000 | 9,449 |
Additional noninterest expense | $452,000 | 8,294 |
Pre-tax net operating income | $953,000 | 6,153 |
Securities gains (losses) | $0 | 3,600 |
Applicable income taxes | $354,000 | 5,224 |
Income before extraordinary items | $599,000 | 6,554 |
Extraordinary gains, net | $0 | 249 |
Net income | $599,000 | 6,570 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-41,000 | 11,772 |
Cash dividends | $736,000 | 2,438 |
Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
Net operating income | $599,000 | 6,605 |
1993-12-31 (YTD Data) | Rank | |
Total interest income | $2,710,000 | 8,817 |
Total interest expense | $1,016,000 | 9,028 |
Net interest income | $1,694,000 | 8,515 |
Provision for loan and lease losses | $0 | 10,371 |
Total noninterest income | $283,000 | 7,896 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $210,000 | 5,788 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $73,000 | 8,943 |
Total noninterest expense | $1,120,000 | 9,249 |
Salaries and employee benefits | $516,000 | 9,513 |
Premises and equipment expense | $118,000 | 9,857 |
Additional noninterest expense | $486,000 | 8,362 |
Pre-tax net operating income | $857,000 | 6,536 |
Securities gains (losses) | $0 | 7,477 |
Applicable income taxes | $312,000 | 5,925 |
Income before extraordinary items | $545,000 | 7,183 |
Extraordinary gains, net | $135,000 | 1,327 |
Net income | $680,000 | 6,413 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-20,000 | 12,131 |
Cash dividends | $0 | 9,081 |
Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
Net operating income | $545,000 | 6,939 |
1992-12-31 (YTD Data) | Rank | |
Total interest income | $1,898,000 | 11,101 |
Total interest expense | $839,000 | 11,152 |
Net interest income | $1,059,000 | 10,858 |
Provision for loan and lease losses | $77,000 | 8,018 |
Total noninterest income | $177,000 | 9,884 |
Gross Fiduciary activities income | NA | NA |
Service charges on deposit accounts | $125,000 | 7,823 |
Trading account gains and fees | NA | NA |
Additional Noninterest Income | $52,000 | 10,289 |
Total noninterest expense | $694,000 | 11,548 |
Salaries and employee benefits | $302,000 | 11,986 |
Premises and equipment expense | $73,000 | 11,760 |
Additional noninterest expense | $319,000 | 10,567 |
Pre-tax net operating income | $465,000 | 8,677 |
Securities gains (losses) | $0 | 8,369 |
Applicable income taxes | $185,000 | 7,849 |
Income before extraordinary items | $280,000 | 9,540 |
Extraordinary gains, net | $0 | 1,422 |
Net income | $280,000 | 9,677 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $-28,000 | 13,250 |
Cash dividends | $300,000 | 3,979 |
Sale, conversion, retirement of capital stock, net | $-29,000 | 13,801 |
Net operating income | $280,000 | 9,176 |
* 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.