Home > Mercantile Bank of Eastern Iowa > Income and Expense
Mercantile Bank of Eastern Iowa, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $119,049,000 | 349 |
| Total interest expense | $57,618,000 | 352 |
| Net interest income | $61,431,000 | 342 |
| Provision for loan and lease losses | $-1,840,000 | 10,907 |
| Total noninterest income | $16,876,000 | 397 |
| Gross Fiduciary activities income | $4,219,000 | 216 |
| Service charges on deposit accounts | $3,897,000 | 349 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $8,760,000 | 451 |
| Total noninterest expense | $41,453,000 | 392 |
| Salaries and employee benefits | $20,693,000 | 345 |
| Premises and equipment expense | $5,786,000 | 381 |
| Additional noninterest expense | $14,974,000 | 415 |
| Pre-tax net operating income | $38,694,000 | 279 |
| Securities gains (losses) | $55,000 | 1,285 |
| Applicable income taxes | $13,586,000 | 283 |
| Income before extraordinary items | $25,163,000 | 289 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $25,163,000 | 289 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,335,000 | 653 |
| Cash dividends | $24,100,000 | 199 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $25,127,250 | 277 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $58,879,000 | 646 |
| Total interest expense | $26,194,000 | 681 |
| Net interest income | $32,685,000 | 617 |
| Provision for loan and lease losses | $1,206,000 | 890 |
| Total noninterest income | $7,113,000 | 743 |
| Gross Fiduciary activities income | $1,889,000 | 366 |
| Service charges on deposit accounts | $2,791,000 | 502 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $2,433,000 | 1,019 |
| Total noninterest expense | $22,471,000 | 720 |
| Salaries and employee benefits | $10,305,000 | 685 |
| Premises and equipment expense | $2,879,000 | 760 |
| Additional noninterest expense | $9,287,000 | 714 |
| Pre-tax net operating income | $16,121,000 | 538 |
| Securities gains (losses) | $40,000 | 1,495 |
| Applicable income taxes | $5,306,000 | 555 |
| Income before extraordinary items | $10,855,000 | 541 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $10,855,000 | 543 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,102,000 | 847 |
| Cash dividends | $23,080,000 | 249 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $10,828,200 | 530 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $25,940,000 | 1,322 |
| Total interest expense | $12,093,000 | 1,358 |
| Net interest income | $13,847,000 | 1,303 |
| Provision for loan and lease losses | $12,000 | 8,132 |
| Total noninterest income | $3,165,000 | 1,316 |
| Gross Fiduciary activities income | $1,605,000 | 422 |
| Service charges on deposit accounts | $760,000 | 1,794 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $800,000 | 2,105 |
| Total noninterest expense | $9,305,000 | 1,526 |
| Salaries and employee benefits | $5,016,000 | 1,320 |
| Premises and equipment expense | $952,000 | 2,104 |
| Additional noninterest expense | $3,337,000 | 1,553 |
| Pre-tax net operating income | $7,695,000 | 1,016 |
| Securities gains (losses) | $10,000 | 2,384 |
| Applicable income taxes | $2,423,000 | 1,073 |
| Income before extraordinary items | $5,282,000 | 1,009 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $5,282,000 | 1,007 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $269,000 | 2,087 |
| Cash dividends | $5,400,000 | 599 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $5,275,100 | 997 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $24,719,000 | 1,270 |
| Total interest expense | $10,412,000 | 1,267 |
| Net interest income | $14,307,000 | 1,270 |
| Provision for loan and lease losses | $12,000 | 8,270 |
| Total noninterest income | $2,766,000 | 1,447 |
| Gross Fiduciary activities income | $1,480,000 | 433 |
| Service charges on deposit accounts | $827,000 | 1,639 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $459,000 | 3,123 |
| Total noninterest expense | $10,629,000 | 1,375 |
| Salaries and employee benefits | $5,199,000 | 1,298 |
| Premises and equipment expense | $1,111,000 | 1,841 |
| Additional noninterest expense | $4,319,000 | 1,335 |
| Pre-tax net operating income | $6,432,000 | 1,171 |
| Securities gains (losses) | $59,000 | 1,053 |
| Applicable income taxes | $1,879,000 | 1,271 |
| Income before extraordinary items | $4,612,000 | 1,100 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $4,612,000 | 1,098 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-587,000 | 12,549 |
| Cash dividends | $4,000,000 | 653 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $4,570,110 | 1,119 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $25,991,000 | 1,228 |
| Total interest expense | $11,815,000 | 1,151 |
| Net interest income | $14,176,000 | 1,270 |
| Provision for loan and lease losses | $1,982,000 | 822 |
| Total noninterest income | $2,525,000 | 1,669 |
| Gross Fiduciary activities income | $1,419,000 | 459 |
| Service charges on deposit accounts | $834,000 | 1,646 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $272,000 | 4,747 |
| Total noninterest expense | $11,095,000 | 1,387 |
| Salaries and employee benefits | $5,424,000 | 1,231 |
| Premises and equipment expense | $1,295,000 | 1,624 |
| Additional noninterest expense | $4,376,000 | 1,414 |
| Pre-tax net operating income | $3,624,000 | 1,884 |
| Securities gains (losses) | $20,000 | 4,664 |
| Applicable income taxes | $723,000 | 3,025 |
| Income before extraordinary items | $2,921,000 | 1,724 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,921,000 | 1,782 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $769,000 | 1,350 |
| Cash dividends | $1,350,000 | 1,388 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,905,000 | 1,631 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $30,327,000 | 1,208 |
| Total interest expense | $16,456,000 | 1,094 |
| Net interest income | $13,871,000 | 1,331 |
| Provision for loan and lease losses | $2,142,000 | 1,094 |
| Total noninterest income | $2,480,000 | 1,672 |
| Gross Fiduciary activities income | $1,401,000 | 459 |
| Service charges on deposit accounts | $798,000 | 1,697 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $281,000 | 4,617 |
| Total noninterest expense | $11,716,000 | 1,350 |
| Salaries and employee benefits | $6,184,000 | 1,086 |
| Premises and equipment expense | $1,151,000 | 1,835 |
| Additional noninterest expense | $4,381,000 | 1,500 |
| Pre-tax net operating income | $2,493,000 | 2,500 |
| Securities gains (losses) | $801,000 | 766 |
| Applicable income taxes | $672,000 | 3,106 |
| Income before extraordinary items | $2,622,000 | 1,742 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $2,622,000 | 1,757 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,089,000 | 1,484 |
| Cash dividends | $1,135,000 | 1,392 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,981,200 | 2,147 |
* 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.