Home > Mercantile Bank of Boone > Income and Expense
Mercantile Bank of Boone, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $7,760,000 | 4,124 |
| Total interest expense | $3,654,000 | 4,000 |
| Net interest income | $4,106,000 | 4,217 |
| Provision for loan and lease losses | $209,000 | 2,925 |
| Total noninterest income | $857,000 | 3,498 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $342,000 | 3,853 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $515,000 | 2,818 |
| Total noninterest expense | $2,644,000 | 4,757 |
| Salaries and employee benefits | $1,012,000 | 6,001 |
| Premises and equipment expense | $389,000 | 4,649 |
| Additional noninterest expense | $1,243,000 | 3,633 |
| Pre-tax net operating income | $2,110,000 | 3,326 |
| Securities gains (losses) | $1,000 | 3,512 |
| Applicable income taxes | $739,000 | 3,086 |
| Income before extraordinary items | $1,372,000 | 3,523 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,372,000 | 3,521 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,000 | 8,482 |
| Cash dividends | $1,100,000 | 1,865 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,371,350 | 3,506 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $6,146,000 | 4,758 |
| Total interest expense | $2,492,000 | 4,670 |
| Net interest income | $3,654,000 | 4,748 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $939,000 | 3,254 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $279,000 | 4,630 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $660,000 | 2,436 |
| Total noninterest expense | $2,412,000 | 5,317 |
| Salaries and employee benefits | $973,000 | 6,222 |
| Premises and equipment expense | $304,000 | 5,659 |
| Additional noninterest expense | $1,135,000 | 4,256 |
| Pre-tax net operating income | $2,181,000 | 3,201 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $746,000 | 2,948 |
| Income before extraordinary items | $1,435,000 | 3,289 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,435,000 | 3,305 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-26,000 | 11,449 |
| Cash dividends | $1,200,000 | 1,639 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,435,000 | 3,319 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,887,000 | 5,029 |
| Total interest expense | $2,411,000 | 4,983 |
| Net interest income | $3,476,000 | 4,987 |
| Provision for loan and lease losses | $0 | 10,371 |
| Total noninterest income | $1,208,000 | 2,893 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $259,000 | 4,971 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $949,000 | 2,103 |
| Total noninterest expense | $2,393,000 | 5,470 |
| Salaries and employee benefits | $1,023,000 | 5,995 |
| Premises and equipment expense | $300,000 | 5,858 |
| Additional noninterest expense | $1,070,000 | 4,655 |
| Pre-tax net operating income | $2,291,000 | 2,935 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $768,000 | 2,846 |
| Income before extraordinary items | $1,524,000 | 3,193 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,524,000 | 3,293 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,000 | 9,724 |
| Cash dividends | $500,000 | 3,045 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,523,340 | 3,021 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $6,215,000 | 5,330 |
| Total interest expense | $2,959,000 | 5,229 |
| Net interest income | $3,256,000 | 5,326 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $959,000 | 3,431 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $240,000 | 5,272 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $719,000 | 2,479 |
| Total noninterest expense | $2,485,000 | 5,338 |
| Salaries and employee benefits | $927,000 | 6,469 |
| Premises and equipment expense | $247,000 | 6,841 |
| Additional noninterest expense | $1,311,000 | 4,012 |
| Pre-tax net operating income | $1,730,000 | 3,553 |
| Securities gains (losses) | $13,000 | 6,142 |
| Applicable income taxes | $529,000 | 3,810 |
| Income before extraordinary items | $1,214,000 | 3,766 |
| Extraordinary gains, net | $266,000 | 337 |
| Net income | $1,480,000 | 3,148 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $40,000 | 8,022 |
| Cash dividends | $670,000 | 2,217 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,204,900 | 3,514 |
* 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.