Home > Mercantile Bank, FSB > Income and Expense
Mercantile Bank, FSB, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $29,514,000 | 1,166 |
| Total interest expense | $16,856,000 | 987 |
| Net interest income | $12,658,000 | 1,415 |
| Provision for loan and lease losses | $0 | 9,041 |
| Total noninterest income | $2,435,000 | 1,585 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $2,435,000 | 1,017 |
| Total noninterest expense | $9,513,000 | 1,502 |
| Salaries and employee benefits | $4,339,000 | 1,533 |
| Premises and equipment expense | $1,382,000 | 1,467 |
| Additional noninterest expense | $3,792,000 | 1,405 |
| Pre-tax net operating income | $5,580,000 | 1,281 |
| Securities gains (losses) | $611,000 | 368 |
| Applicable income taxes | $2,368,000 | 1,055 |
| Income before extraordinary items | $3,823,000 | 1,301 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $3,823,000 | 1,302 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,314,000 | 758 |
| Cash dividends | $4,400,000 | 730 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $3,431,960 | 1,405 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $15,017,000 | 2,246 |
| Total interest expense | $8,990,000 | 1,764 |
| Net interest income | $6,027,000 | 2,956 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $2,102,000 | 1,764 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $2,102,000 | 1,102 |
| Total noninterest expense | $4,511,000 | 2,979 |
| Salaries and employee benefits | $2,449,000 | 2,728 |
| Premises and equipment expense | $695,000 | 2,827 |
| Additional noninterest expense | $1,367,000 | 3,338 |
| Pre-tax net operating income | $3,618,000 | 2,036 |
| Securities gains (losses) | $140,000 | 812 |
| Applicable income taxes | $1,402,000 | 1,749 |
| Income before extraordinary items | $2,356,000 | 2,153 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $2,356,000 | 2,151 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,325,000 | 735 |
| Cash dividends | $1,500,000 | 1,498 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $2,266,400 | 2,199 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $26,476,000 | 1,182 |
| Total interest expense | $14,324,000 | 944 |
| Net interest income | $12,152,000 | 1,480 |
| Provision for loan and lease losses | $236,000 | 2,743 |
| Total noninterest income | $2,759,000 | 1,450 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $2,759,000 | 924 |
| Total noninterest expense | $8,356,000 | 1,753 |
| Salaries and employee benefits | $4,663,000 | 1,445 |
| Premises and equipment expense | $1,362,000 | 1,527 |
| Additional noninterest expense | $2,331,000 | 2,274 |
| Pre-tax net operating income | $6,319,000 | 1,190 |
| Securities gains (losses) | $37,000 | 1,338 |
| Applicable income taxes | $2,137,000 | 1,130 |
| Income before extraordinary items | $4,219,000 | 1,204 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $4,219,000 | 1,204 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $87,000 | 3,982 |
| Cash dividends | $5,730,000 | 515 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $4,194,580 | 1,216 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $22,909,000 | 1,391 |
| Total interest expense | $11,360,000 | 1,196 |
| Net interest income | $11,549,000 | 1,560 |
| Provision for loan and lease losses | $633,000 | 1,785 |
| Total noninterest income | $3,184,000 | 1,394 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $3,184,000 | 922 |
| Total noninterest expense | $8,425,000 | 1,780 |
| Salaries and employee benefits | $4,334,000 | 1,557 |
| Premises and equipment expense | $1,336,000 | 1,577 |
| Additional noninterest expense | $2,755,000 | 2,044 |
| Pre-tax net operating income | $5,675,000 | 1,224 |
| Securities gains (losses) | $1,609,000 | 371 |
| Applicable income taxes | $2,604,000 | 969 |
| Income before extraordinary items | $4,680,000 | 1,113 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $4,680,000 | 1,143 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $34,000 | 6,815 |
| Cash dividends | $610,000 | 2,609 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $3,650,240 | 1,309 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $26,169,000 | 1,397 |
| Total interest expense | $14,950,000 | 1,194 |
| Net interest income | $11,219,000 | 1,644 |
| Provision for loan and lease losses | $692,000 | 2,390 |
| Total noninterest income | $2,786,000 | 1,527 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $2,786,000 | 1,007 |
| Total noninterest expense | $7,607,000 | 1,948 |
| Salaries and employee benefits | $3,880,000 | 1,716 |
| Premises and equipment expense | $1,012,000 | 2,068 |
| Additional noninterest expense | $2,715,000 | 2,168 |
| Pre-tax net operating income | $5,706,000 | 1,137 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $2,136,000 | 1,056 |
| Income before extraordinary items | $3,570,000 | 1,308 |
| Extraordinary gains, net | $405,000 | 241 |
| Net income | $3,975,000 | 1,179 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $127,000 | 5,287 |
| Cash dividends | $1,853,000 | 920 |
| Sale, conversion, retirement of capital stock, net | $10,933,000 | 83 |
| Net operating income | $3,570,000 | 1,203 |
* 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.