Home > Mercantile Bank of Missouri Valley > Income and Expense
Mercantile Bank of Missouri Valley, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $7,670,000 | 4,129 |
| Total interest expense | $3,689,000 | 3,959 |
| Net interest income | $3,981,000 | 4,254 |
| Provision for loan and lease losses | $-110,000 | 10,784 |
| Total noninterest income | $515,000 | 4,916 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $377,000 | 3,388 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $138,000 | 5,921 |
| Total noninterest expense | $2,203,000 | 5,287 |
| Salaries and employee benefits | $1,082,000 | 5,549 |
| Premises and equipment expense | $275,000 | 5,729 |
| Additional noninterest expense | $846,000 | 4,534 |
| Pre-tax net operating income | $2,403,000 | 3,014 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $831,000 | 2,842 |
| Income before extraordinary items | $1,572,000 | 3,222 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,572,000 | 3,222 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $340,000 | 1,805 |
| Cash dividends | $2,000,000 | 1,293 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,572,000 | 3,155 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $8,093,000 | 3,989 |
| Total interest expense | $3,535,000 | 4,155 |
| Net interest income | $4,558,000 | 3,859 |
| Provision for loan and lease losses | $813,000 | 1,191 |
| Total noninterest income | $488,000 | 5,249 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $312,000 | 4,108 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $176,000 | 5,526 |
| Total noninterest expense | $2,156,000 | 5,621 |
| Salaries and employee benefits | $1,122,000 | 5,510 |
| Premises and equipment expense | $260,000 | 6,104 |
| Additional noninterest expense | $774,000 | 5,330 |
| Pre-tax net operating income | $2,077,000 | 3,312 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $697,000 | 3,188 |
| Income before extraordinary items | $1,380,000 | 3,450 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,380,000 | 3,449 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,174,000 | 817 |
| Cash dividends | $1,200,000 | 1,863 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,380,000 | 3,403 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $7,583,000 | 4,223 |
| Total interest expense | $3,217,000 | 4,458 |
| Net interest income | $4,366,000 | 4,007 |
| Provision for loan and lease losses | $699,000 | 1,226 |
| Total noninterest income | $405,000 | 5,945 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $295,000 | 4,351 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $110,000 | 6,935 |
| Total noninterest expense | $2,299,000 | 5,357 |
| Salaries and employee benefits | $1,124,000 | 5,508 |
| Premises and equipment expense | $299,000 | 5,646 |
| Additional noninterest expense | $876,000 | 4,883 |
| Pre-tax net operating income | $1,773,000 | 3,888 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $590,000 | 3,701 |
| Income before extraordinary items | $1,183,000 | 4,006 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,183,000 | 4,003 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $530,000 | 1,331 |
| Cash dividends | $1,000,000 | 2,009 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,183,000 | 3,988 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $6,513,000 | 4,514 |
| Total interest expense | $2,285,000 | 5,006 |
| Net interest income | $4,228,000 | 4,165 |
| Provision for loan and lease losses | $519,000 | 1,498 |
| Total noninterest income | $361,000 | 6,536 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $257,000 | 4,939 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $104,000 | 7,391 |
| Total noninterest expense | $2,408,000 | 5,330 |
| Salaries and employee benefits | $1,161,000 | 5,418 |
| Premises and equipment expense | $290,000 | 5,863 |
| Additional noninterest expense | $957,000 | 4,894 |
| Pre-tax net operating income | $1,662,000 | 4,036 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $532,000 | 3,867 |
| Income before extraordinary items | $1,130,000 | 4,080 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,130,000 | 4,081 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $711,000 | 1,077 |
| Cash dividends | $1,435,000 | 1,457 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,130,000 | 4,118 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $6,266,000 | 4,772 |
| Total interest expense | $2,529,000 | 4,757 |
| Net interest income | $3,737,000 | 4,686 |
| Provision for loan and lease losses | $408,000 | 2,428 |
| Total noninterest income | $370,000 | 6,805 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $216,000 | 5,671 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $154,000 | 6,477 |
| Total noninterest expense | $2,236,000 | 5,784 |
| Salaries and employee benefits | $1,050,000 | 5,876 |
| Premises and equipment expense | $245,000 | 6,787 |
| Additional noninterest expense | $941,000 | 5,184 |
| Pre-tax net operating income | $1,463,000 | 4,418 |
| Securities gains (losses) | $16,000 | 4,943 |
| Applicable income taxes | $480,000 | 4,328 |
| Income before extraordinary items | $999,000 | 4,716 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $999,000 | 4,849 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $356,000 | 2,217 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $988,120 | 4,506 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,157,000 | 10,571 |
| Total interest expense | $1,240,000 | 9,455 |
| Net interest income | $917,000 | 11,437 |
| Provision for loan and lease losses | $159,000 | 5,935 |
| Total noninterest income | $132,000 | 10,879 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $86,000 | 8,961 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $46,000 | 10,672 |
| Total noninterest expense | $1,002,000 | 9,970 |
| Salaries and employee benefits | $450,000 | 10,308 |
| Premises and equipment expense | $130,000 | 9,690 |
| Additional noninterest expense | $422,000 | 9,304 |
| Pre-tax net operating income | $-112,000 | 12,964 |
| Securities gains (losses) | $119,000 | 2,734 |
| Applicable income taxes | $-12,000 | 13,402 |
| Income before extraordinary items | $19,000 | 12,782 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $19,000 | 12,777 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $344,000 | 3,091 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-100,000 | 12,917 |
* 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.