Home > Mercantile Bank > Income and Expense
Mercantile Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $134,297,000 | 346 |
| Total interest expense | $59,402,000 | 373 |
| Net interest income | $74,895,000 | 320 |
| Provision for loan and lease losses | $7,378,000 | 264 |
| Total noninterest income | $29,156,000 | 309 |
| Gross Fiduciary activities income | $5,091,000 | 215 |
| Service charges on deposit accounts | $10,709,000 | 190 |
| Trading account gains and fees | $444,000 | 126 |
| Additional Noninterest Income | $12,912,000 | 367 |
| Total noninterest expense | $58,433,000 | 346 |
| Salaries and employee benefits | $28,384,000 | 290 |
| Premises and equipment expense | $8,705,000 | 307 |
| Additional noninterest expense | $21,344,000 | 409 |
| Pre-tax net operating income | $38,240,000 | 297 |
| Securities gains (losses) | $3,000 | 3,304 |
| Applicable income taxes | $10,834,000 | 346 |
| Income before extraordinary items | $27,409,000 | 280 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $27,409,000 | 280 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $9,822,000 | 212 |
| Cash dividends | $18,344,000 | 297 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $27,406,840 | 272 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $18,705,000 | 1,815 |
| Total interest expense | $6,606,000 | 2,350 |
| Net interest income | $12,099,000 | 1,487 |
| Provision for loan and lease losses | $212,000 | 2,892 |
| Total noninterest income | $4,308,000 | 1,058 |
| Gross Fiduciary activities income | $731,000 | 625 |
| Service charges on deposit accounts | $1,804,000 | 742 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,773,000 | 1,221 |
| Total noninterest expense | $8,850,000 | 1,607 |
| Salaries and employee benefits | $3,477,000 | 1,904 |
| Premises and equipment expense | $1,064,000 | 1,911 |
| Additional noninterest expense | $4,309,000 | 1,262 |
| Pre-tax net operating income | $7,345,000 | 1,065 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $2,629,000 | 1,008 |
| Income before extraordinary items | $4,716,000 | 1,125 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $4,716,000 | 1,123 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $335,000 | 1,802 |
| Cash dividends | $5,700,000 | 572 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $4,716,000 | 1,103 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $15,630,000 | 1,970 |
| Total interest expense | $4,852,000 | 2,533 |
| Net interest income | $10,778,000 | 1,675 |
| Provision for loan and lease losses | $113,000 | 4,290 |
| Total noninterest income | $3,542,000 | 1,193 |
| Gross Fiduciary activities income | $650,000 | 651 |
| Service charges on deposit accounts | $1,747,000 | 761 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,145,000 | 1,686 |
| Total noninterest expense | $8,828,000 | 1,666 |
| Salaries and employee benefits | $3,266,000 | 2,027 |
| Premises and equipment expense | $985,000 | 2,066 |
| Additional noninterest expense | $4,577,000 | 1,265 |
| Pre-tax net operating income | $5,379,000 | 1,370 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $2,013,000 | 1,200 |
| Income before extraordinary items | $3,366,000 | 1,466 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,366,000 | 1,466 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $848,000 | 974 |
| Cash dividends | $3,268,000 | 756 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,366,000 | 1,478 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $15,067,000 | 2,091 |
| Total interest expense | $4,765,000 | 2,698 |
| Net interest income | $10,302,000 | 1,752 |
| Provision for loan and lease losses | $134,000 | 4,950 |
| Total noninterest income | $3,933,000 | 1,178 |
| Gross Fiduciary activities income | $657,000 | 664 |
| Service charges on deposit accounts | $1,858,000 | 729 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $1,418,000 | 1,621 |
| Total noninterest expense | $8,524,000 | 1,764 |
| Salaries and employee benefits | $2,872,000 | 2,325 |
| Premises and equipment expense | $984,000 | 2,086 |
| Additional noninterest expense | $4,668,000 | 1,343 |
| Pre-tax net operating income | $5,577,000 | 1,245 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $2,180,000 | 1,119 |
| Income before extraordinary items | $3,397,000 | 1,489 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $3,397,000 | 1,546 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $592,000 | 1,596 |
| Cash dividends | $1,500,000 | 1,271 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $3,397,000 | 1,409 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $14,151,000 | 2,484 |
| Total interest expense | $5,163,000 | 3,224 |
| Net interest income | $8,988,000 | 2,037 |
| Provision for loan and lease losses | $1,358,000 | 1,508 |
| Total noninterest income | $2,687,000 | 1,573 |
| Gross Fiduciary activities income | $619,000 | 700 |
| Service charges on deposit accounts | $1,566,000 | 837 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $502,000 | 3,176 |
| Total noninterest expense | $7,329,000 | 2,010 |
| Salaries and employee benefits | $2,414,000 | 2,689 |
| Premises and equipment expense | $749,000 | 2,767 |
| Additional noninterest expense | $4,166,000 | 1,554 |
| Pre-tax net operating income | $2,988,000 | 2,085 |
| Securities gains (losses) | $3,000 | 7,429 |
| Applicable income taxes | $1,026,000 | 2,061 |
| Income before extraordinary items | $1,965,000 | 2,325 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,965,000 | 2,364 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $613,000 | 2,145 |
| Cash dividends | $2,350,000 | 736 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,963,020 | 2,161 |
* 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.