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Mercantile Bank, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$2,907,0008,119
Total interest expense$1,001,0008,999
Net interest income$1,906,0007,341
Provision for loan and lease losses$09,041
Total noninterest income$287,0007,106
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$171,0006,101
Trading account gains and feesNANA
Additional Noninterest Income$116,0006,703
Total noninterest expense$996,0008,680
Salaries and employee benefits$549,0008,499
Premises and equipment expense$104,0009,176
Additional noninterest expense$343,0008,432
Pre-tax net operating income$1,197,0005,132
Securities gains (losses)$04,148
Applicable income taxes$444,0004,548
Income before extraordinary items$753,0005,515
Extraordinary gains, net$053
Net income$753,0005,516
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-16,00010,584
Cash dividends$800,0002,476
Sale, conversion, retirement of capital stock, net$0953
Net operating income$753,0005,463
1995-12-31 (YTD Data)Rank
Total interest income$2,916,0008,334
Total interest expense$985,0009,311
Net interest income$1,931,0007,458
Provision for loan and lease losses$08,958
Total noninterest income$267,0007,483
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$190,0005,864
Trading account gains and feesNANA
Additional Noninterest Income$77,0008,059
Total noninterest expense$1,045,0008,776
Salaries and employee benefits$507,0009,051
Premises and equipment expense$113,0009,239
Additional noninterest expense$425,0007,953
Pre-tax net operating income$1,153,0005,408
Securities gains (losses)$03,831
Applicable income taxes$426,0004,727
Income before extraordinary items$727,0005,832
Extraordinary gains, net$065
Net income$727,0005,829
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-18,00010,972
Cash dividends$500,0003,291
Sale, conversion, retirement of capital stock, net$0809
Net operating income$727,0005,815
1994-12-31 (YTD Data)Rank
Total interest income$2,652,0008,649
Total interest expense$866,0009,279
Net interest income$1,786,0008,074
Provision for loan and lease losses$09,146
Total noninterest income$279,0007,533
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$203,0005,805
Trading account gains and feesNANA
Additional Noninterest Income$76,0008,407
Total noninterest expense$1,112,0008,935
Salaries and employee benefits$542,0009,025
Premises and equipment expense$118,0009,449
Additional noninterest expense$452,0008,294
Pre-tax net operating income$953,0006,153
Securities gains (losses)$03,600
Applicable income taxes$354,0005,224
Income before extraordinary items$599,0006,554
Extraordinary gains, net$0249
Net income$599,0006,570
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-41,00011,772
Cash dividends$736,0002,438
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$599,0006,605
1993-12-31 (YTD Data)Rank
Total interest income$2,710,0008,817
Total interest expense$1,016,0009,028
Net interest income$1,694,0008,515
Provision for loan and lease losses$010,371
Total noninterest income$283,0007,896
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$210,0005,788
Trading account gains and feesNANA
Additional Noninterest Income$73,0008,943
Total noninterest expense$1,120,0009,249
Salaries and employee benefits$516,0009,513
Premises and equipment expense$118,0009,857
Additional noninterest expense$486,0008,362
Pre-tax net operating income$857,0006,536
Securities gains (losses)$07,477
Applicable income taxes$312,0005,925
Income before extraordinary items$545,0007,183
Extraordinary gains, net$135,0001,327
Net income$680,0006,413
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-20,00012,131
Cash dividends$09,081
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$545,0006,939
1992-12-31 (YTD Data)Rank
Total interest income$1,898,00011,101
Total interest expense$839,00011,152
Net interest income$1,059,00010,858
Provision for loan and lease losses$77,0008,018
Total noninterest income$177,0009,884
Gross Fiduciary activities incomeNANA
Service charges on deposit accounts$125,0007,823
Trading account gains and feesNANA
Additional Noninterest Income$52,00010,289
Total noninterest expense$694,00011,548
Salaries and employee benefits$302,00011,986
Premises and equipment expense$73,00011,760
Additional noninterest expense$319,00010,567
Pre-tax net operating income$465,0008,677
Securities gains (losses)$08,369
Applicable income taxes$185,0007,849
Income before extraordinary items$280,0009,540
Extraordinary gains, net$01,422
Net income$280,0009,677
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-28,00013,250
Cash dividends$300,0003,979
Sale, conversion, retirement of capital stock, net$-29,00013,801
Net operating income$280,0009,176

* 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.