Home > Mercantile Bank MidWest > Income and Expense
Mercantile Bank MidWest, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $250,000,000 | 198 |
| Total interest expense | $119,358,000 | 201 |
| Net interest income | $130,642,000 | 198 |
| Provision for loan and lease losses | $4,062,000 | 343 |
| Total noninterest income | $38,633,000 | 261 |
| Gross Fiduciary activities income | $7,000 | 1,292 |
| Service charges on deposit accounts | $13,095,000 | 156 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $25,531,000 | 263 |
| Total noninterest expense | $96,767,000 | 224 |
| Salaries and employee benefits | $41,777,000 | 202 |
| Premises and equipment expense | $12,456,000 | 215 |
| Additional noninterest expense | $42,534,000 | 218 |
| Pre-tax net operating income | $68,446,000 | 203 |
| Securities gains (losses) | $-6,984,000 | 10,203 |
| Applicable income taxes | $20,277,000 | 227 |
| Income before extraordinary items | $41,185,000 | 215 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $41,185,000 | 216 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $4,648,000 | 278 |
| Cash dividends | $21,000,000 | 243 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $45,864,280 | 199 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $142,560,000 | 292 |
| Total interest expense | $66,959,000 | 311 |
| Net interest income | $75,601,000 | 278 |
| Provision for loan and lease losses | $1,900,000 | 598 |
| Total noninterest income | $22,417,000 | 350 |
| Gross Fiduciary activities income | $1,961,000 | 323 |
| Service charges on deposit accounts | $7,784,000 | 201 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $12,672,000 | 385 |
| Total noninterest expense | $57,777,000 | 306 |
| Salaries and employee benefits | $27,856,000 | 277 |
| Premises and equipment expense | $9,182,000 | 259 |
| Additional noninterest expense | $20,739,000 | 344 |
| Pre-tax net operating income | $38,341,000 | 270 |
| Securities gains (losses) | $258,000 | 795 |
| Applicable income taxes | $13,124,000 | 286 |
| Income before extraordinary items | $25,475,000 | 275 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $25,475,000 | 276 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,192,000 | 446 |
| Cash dividends | $40,500,000 | 161 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $25,304,720 | 266 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $94,806,000 | 422 |
| Total interest expense | $42,732,000 | 445 |
| Net interest income | $52,074,000 | 398 |
| Provision for loan and lease losses | $-2,000,000 | 10,909 |
| Total noninterest income | $13,595,000 | 460 |
| Gross Fiduciary activities income | $2,773,000 | 277 |
| Service charges on deposit accounts | $5,162,000 | 274 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $5,660,000 | 564 |
| Total noninterest expense | $37,664,000 | 420 |
| Salaries and employee benefits | $18,441,000 | 384 |
| Premises and equipment expense | $4,716,000 | 462 |
| Additional noninterest expense | $14,507,000 | 422 |
| Pre-tax net operating income | $30,005,000 | 329 |
| Securities gains (losses) | $73,000 | 1,132 |
| Applicable income taxes | $9,886,000 | 361 |
| Income before extraordinary items | $20,192,000 | 326 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $20,192,000 | 326 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,237,000 | 473 |
| Cash dividends | $17,746,000 | 259 |
| Sale, conversion, retirement of capital stock, net | $-163,000 | 10,793 |
| Net operating income | $20,143,090 | 317 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $91,833,000 | 466 |
| Total interest expense | $40,469,000 | 495 |
| Net interest income | $51,364,000 | 431 |
| Provision for loan and lease losses | $4,364,000 | 358 |
| Total noninterest income | $14,206,000 | 473 |
| Gross Fiduciary activities income | $3,448,000 | 266 |
| Service charges on deposit accounts | $5,371,000 | 299 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $5,387,000 | 617 |
| Total noninterest expense | $36,433,000 | 490 |
| Salaries and employee benefits | $16,610,000 | 439 |
| Premises and equipment expense | $4,948,000 | 472 |
| Additional noninterest expense | $14,875,000 | 500 |
| Pre-tax net operating income | $24,773,000 | 392 |
| Securities gains (losses) | $115,000 | 893 |
| Applicable income taxes | $8,081,000 | 414 |
| Income before extraordinary items | $16,807,000 | 390 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $16,807,000 | 391 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $454,000 | 1,541 |
| Cash dividends | $26,320,000 | 230 |
| Sale, conversion, retirement of capital stock, net | $-576,000 | 11,406 |
| Net operating income | $16,728,800 | 385 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $19,979,000 | 1,697 |
| Total interest expense | $9,413,000 | 1,696 |
| Net interest income | $10,566,000 | 1,695 |
| Provision for loan and lease losses | $579,000 | 1,405 |
| Total noninterest income | $6,913,000 | 770 |
| Gross Fiduciary activities income | $3,311,000 | 288 |
| Service charges on deposit accounts | $1,452,000 | 916 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $2,150,000 | 1,084 |
| Total noninterest expense | $12,416,000 | 1,184 |
| Salaries and employee benefits | $5,176,000 | 1,283 |
| Premises and equipment expense | $1,969,000 | 1,074 |
| Additional noninterest expense | $5,271,000 | 1,077 |
| Pre-tax net operating income | $4,484,000 | 1,643 |
| Securities gains (losses) | $1,000 | 3,512 |
| Applicable income taxes | $1,461,000 | 1,680 |
| Income before extraordinary items | $3,024,000 | 1,683 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $3,024,000 | 1,682 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $130,000 | 3,217 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $3,023,330 | 1,662 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $15,640,000 | 1,968 |
| Total interest expense | $6,067,000 | 2,057 |
| Net interest income | $9,573,000 | 1,886 |
| Provision for loan and lease losses | $117,000 | 4,239 |
| Total noninterest income | $6,987,000 | 746 |
| Gross Fiduciary activities income | $3,536,000 | 273 |
| Service charges on deposit accounts | $1,332,000 | 990 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $2,119,000 | 1,087 |
| Total noninterest expense | $11,434,000 | 1,296 |
| Salaries and employee benefits | $5,187,000 | 1,302 |
| Premises and equipment expense | $1,561,000 | 1,341 |
| Additional noninterest expense | $4,686,000 | 1,242 |
| Pre-tax net operating income | $5,009,000 | 1,472 |
| Securities gains (losses) | $20,000 | 1,779 |
| Applicable income taxes | $1,649,000 | 1,426 |
| Income before extraordinary items | $3,380,000 | 1,457 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,380,000 | 1,457 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $142,000 | 3,073 |
| Cash dividends | $1,450,000 | 1,444 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,366,600 | 1,477 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $13,632,000 | 2,276 |
| Total interest expense | $5,051,000 | 2,545 |
| Net interest income | $8,581,000 | 2,100 |
| Provision for loan and lease losses | $338,000 | 2,776 |
| Total noninterest income | $6,625,000 | 794 |
| Gross Fiduciary activities income | $3,344,000 | 281 |
| Service charges on deposit accounts | $1,128,000 | 1,188 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $2,153,000 | 1,194 |
| Total noninterest expense | $10,369,000 | 1,472 |
| Salaries and employee benefits | $4,990,000 | 1,349 |
| Premises and equipment expense | $1,516,000 | 1,407 |
| Additional noninterest expense | $3,863,000 | 1,569 |
| Pre-tax net operating income | $4,499,000 | 1,555 |
| Securities gains (losses) | $17,000 | 4,881 |
| Applicable income taxes | $1,489,000 | 1,568 |
| Income before extraordinary items | $3,027,000 | 1,672 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $3,027,000 | 1,729 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $13,000 | 8,297 |
| Cash dividends | $1,000,000 | 1,731 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $3,015,610 | 1,586 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $14,158,000 | 2,482 |
| Total interest expense | $6,031,000 | 2,762 |
| Net interest income | $8,127,000 | 2,235 |
| Provision for loan and lease losses | $445,000 | 3,244 |
| Total noninterest income | $4,909,000 | 995 |
| Gross Fiduciary activities income | $2,332,000 | 351 |
| Service charges on deposit accounts | $1,055,000 | 1,259 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,522,000 | 1,504 |
| Total noninterest expense | $9,242,000 | 1,645 |
| Salaries and employee benefits | $4,287,000 | 1,553 |
| Premises and equipment expense | $1,223,000 | 1,729 |
| Additional noninterest expense | $3,732,000 | 1,673 |
| Pre-tax net operating income | $3,349,000 | 1,848 |
| Securities gains (losses) | $58,000 | 3,883 |
| Applicable income taxes | $1,080,000 | 1,967 |
| Income before extraordinary items | $2,327,000 | 1,973 |
| Extraordinary gains, net | $70,000 | 889 |
| Net income | $2,397,000 | 1,930 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $151,000 | 4,874 |
| Cash dividends | $750,000 | 2,008 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,287,560 | 1,841 |
* 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.