Home > Mercantile Bank of Cedar Rapids, Iowa > Income and Expense
Mercantile Bank of Cedar Rapids, Iowa, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $9,461,000 | 3,456 |
| Total interest expense | $4,194,000 | 3,540 |
| Net interest income | $5,267,000 | 3,365 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $1,703,000 | 2,086 |
| Gross Fiduciary activities income | $20,000 | 1,407 |
| Service charges on deposit accounts | $748,000 | 1,821 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $935,000 | 1,890 |
| Total noninterest expense | $4,386,000 | 3,056 |
| Salaries and employee benefits | $1,489,000 | 4,304 |
| Premises and equipment expense | $625,000 | 3,102 |
| Additional noninterest expense | $2,272,000 | 2,173 |
| Pre-tax net operating income | $2,584,000 | 2,755 |
| Securities gains (losses) | $2,000 | 3,270 |
| Applicable income taxes | $977,000 | 2,434 |
| Income before extraordinary items | $1,609,000 | 3,045 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,609,000 | 3,041 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $59,000 | 4,829 |
| Cash dividends | $3,000,000 | 907 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,607,720 | 3,018 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $8,212,000 | 3,657 |
| Total interest expense | $3,303,000 | 3,629 |
| Net interest income | $4,909,000 | 3,624 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $1,436,000 | 2,380 |
| Gross Fiduciary activities income | $37,000 | 1,358 |
| Service charges on deposit accounts | $639,000 | 2,113 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $760,000 | 2,204 |
| Total noninterest expense | $4,236,000 | 3,236 |
| Salaries and employee benefits | $1,459,000 | 4,382 |
| Premises and equipment expense | $523,000 | 3,663 |
| Additional noninterest expense | $2,254,000 | 2,328 |
| Pre-tax net operating income | $2,109,000 | 3,282 |
| Securities gains (losses) | $-1,000 | 8,790 |
| Applicable income taxes | $756,000 | 2,915 |
| Income before extraordinary items | $1,352,000 | 3,473 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,352,000 | 3,479 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-400,000 | 12,513 |
| Cash dividends | $700,000 | 2,518 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,352,640 | 3,499 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $8,292,000 | 3,685 |
| Total interest expense | $3,551,000 | 3,532 |
| Net interest income | $4,741,000 | 3,751 |
| Provision for loan and lease losses | $50,000 | 7,415 |
| Total noninterest income | $1,312,000 | 2,720 |
| Gross Fiduciary activities income | $59,000 | 1,313 |
| Service charges on deposit accounts | $601,000 | 2,299 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $652,000 | 2,724 |
| Total noninterest expense | $4,516,000 | 3,108 |
| Salaries and employee benefits | $1,724,000 | 3,769 |
| Premises and equipment expense | $497,000 | 3,884 |
| Additional noninterest expense | $2,295,000 | 2,418 |
| Pre-tax net operating income | $1,487,000 | 4,351 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $468,000 | 4,428 |
| Income before extraordinary items | $1,019,000 | 4,635 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,019,000 | 4,766 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $181,000 | 3,310 |
| Cash dividends | $250,000 | 4,831 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,019,000 | 4,394 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,544,000 | 6,840 |
| Total interest expense | $2,047,000 | 7,010 |
| Net interest income | $2,497,000 | 6,608 |
| Provision for loan and lease losses | $40,000 | 9,471 |
| Total noninterest income | $733,000 | 4,254 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $314,000 | 4,282 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $419,000 | 3,592 |
| Total noninterest expense | $2,059,000 | 6,223 |
| Salaries and employee benefits | $814,000 | 7,181 |
| Premises and equipment expense | $258,000 | 6,636 |
| Additional noninterest expense | $987,000 | 5,103 |
| Pre-tax net operating income | $1,131,000 | 5,151 |
| Securities gains (losses) | $4,000 | 7,235 |
| Applicable income taxes | $324,000 | 5,641 |
| Income before extraordinary items | $811,000 | 5,306 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $811,000 | 5,359 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-1,000 | 12,178 |
| Cash dividends | $250,000 | 4,445 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $808,160 | 5,019 |
* 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.