Home > Mercantile Bank of Flora > Income and Expense
Mercantile Bank of Flora, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $4,944,000 | 6,043 |
| Total interest expense | $2,013,000 | 6,435 |
| Net interest income | $2,931,000 | 5,603 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $236,000 | 7,897 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $137,000 | 6,949 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $99,000 | 7,273 |
| Total noninterest expense | $1,569,000 | 7,068 |
| Salaries and employee benefits | $749,000 | 7,407 |
| Premises and equipment expense | $177,000 | 7,669 |
| Additional noninterest expense | $643,000 | 6,242 |
| Pre-tax net operating income | $1,598,000 | 4,233 |
| Securities gains (losses) | $-22,000 | 10,616 |
| Applicable income taxes | $558,000 | 3,857 |
| Income before extraordinary items | $1,018,000 | 4,525 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,018,000 | 4,523 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $209,000 | 2,420 |
| Cash dividends | $800,000 | 2,402 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,032,300 | 4,466 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,519,000 | 6,131 |
| Total interest expense | $1,638,000 | 6,508 |
| Net interest income | $2,881,000 | 5,773 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $236,000 | 8,144 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $142,000 | 7,083 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $94,000 | 7,705 |
| Total noninterest expense | $1,817,000 | 6,651 |
| Salaries and employee benefits | $856,000 | 6,897 |
| Premises and equipment expense | $181,000 | 7,828 |
| Additional noninterest expense | $780,000 | 5,823 |
| Pre-tax net operating income | $1,300,000 | 4,944 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $431,000 | 4,512 |
| Income before extraordinary items | $869,000 | 5,038 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $869,000 | 5,043 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $139,000 | 3,108 |
| Cash dividends | $84,000 | 7,238 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $869,000 | 5,095 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,624,000 | 8,959 |
| Total interest expense | $1,343,000 | 7,729 |
| Net interest income | $1,281,000 | 9,803 |
| Provision for loan and lease losses | $0 | 10,371 |
| Total noninterest income | $209,000 | 9,060 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $121,000 | 7,803 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $88,000 | 8,318 |
| Total noninterest expense | $1,267,000 | 8,632 |
| Salaries and employee benefits | $688,000 | 8,079 |
| Premises and equipment expense | $113,000 | 10,024 |
| Additional noninterest expense | $466,000 | 8,552 |
| Pre-tax net operating income | $223,000 | 10,842 |
| Securities gains (losses) | $-22,000 | 12,940 |
| Applicable income taxes | $23,000 | 11,542 |
| Income before extraordinary items | $178,000 | 10,893 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $178,000 | 10,990 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-100,000 | 12,930 |
| Cash dividends | $1,000,000 | 1,731 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $197,580 | 10,458 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,952,000 | 6,445 |
| Total interest expense | $2,528,000 | 5,941 |
| Net interest income | $2,424,000 | 6,737 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $180,000 | 9,820 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $100,000 | 8,522 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $80,000 | 8,855 |
| Total noninterest expense | $1,646,000 | 7,416 |
| Salaries and employee benefits | $894,000 | 6,660 |
| Premises and equipment expense | $160,000 | 8,845 |
| Additional noninterest expense | $592,000 | 7,583 |
| Pre-tax net operating income | $958,000 | 5,817 |
| Securities gains (losses) | $13,000 | 6,142 |
| Applicable income taxes | $229,000 | 7,010 |
| Income before extraordinary items | $742,000 | 5,673 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $742,000 | 5,742 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-5,000 | 12,539 |
| Cash dividends | $200,000 | 4,982 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $732,120 | 5,393 |
* 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.