Home > Mercantile Bank of Northern Illinois > Income and Expense
Mercantile Bank of Northern Illinois, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $40,859,000 | 831 |
| Total interest expense | $18,998,000 | 865 |
| Net interest income | $21,861,000 | 826 |
| Provision for loan and lease losses | $450,000 | 1,925 |
| Total noninterest income | $5,449,000 | 874 |
| Gross Fiduciary activities income | $2,117,000 | 314 |
| Service charges on deposit accounts | $2,038,000 | 628 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $1,294,000 | 1,475 |
| Total noninterest expense | $17,411,000 | 825 |
| Salaries and employee benefits | $7,775,000 | 851 |
| Premises and equipment expense | $2,516,000 | 805 |
| Additional noninterest expense | $7,120,000 | 749 |
| Pre-tax net operating income | $9,449,000 | 856 |
| Securities gains (losses) | $-11,000 | 10,082 |
| Applicable income taxes | $3,947,000 | 733 |
| Income before extraordinary items | $5,491,000 | 1,009 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $5,491,000 | 1,010 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,190,000 | 713 |
| Cash dividends | $11,100,000 | 343 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $5,498,040 | 980 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $4,207,000 | 6,666 |
| Total interest expense | $1,989,000 | 6,437 |
| Net interest income | $2,218,000 | 6,729 |
| Provision for loan and lease losses | $1,176,000 | 911 |
| Total noninterest income | $633,000 | 4,397 |
| Gross Fiduciary activities income | $220,000 | 941 |
| Service charges on deposit accounts | $219,000 | 5,242 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $194,000 | 5,254 |
| Total noninterest expense | $2,245,000 | 5,448 |
| Salaries and employee benefits | $605,000 | 8,088 |
| Premises and equipment expense | $326,000 | 5,271 |
| Additional noninterest expense | $1,314,000 | 3,500 |
| Pre-tax net operating income | $-570,000 | 11,266 |
| Securities gains (losses) | $-13,000 | 10,409 |
| Applicable income taxes | $-36,000 | 11,043 |
| Income before extraordinary items | $-547,000 | 11,284 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $-547,000 | 11,283 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $726,000 | 1,084 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $30,246,000 | 21 |
| Net operating income | $-534,780 | 11,250 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $29,029,000 | 1,194 |
| Total interest expense | $14,084,000 | 1,182 |
| Net interest income | $14,945,000 | 1,202 |
| Provision for loan and lease losses | $900,000 | 1,018 |
| Total noninterest income | $4,588,000 | 1,008 |
| Gross Fiduciary activities income | $1,624,000 | 420 |
| Service charges on deposit accounts | $1,309,000 | 1,022 |
| Trading account gains and fees | $44,000 | 335 |
| Additional Noninterest Income | $1,611,000 | 1,319 |
| Total noninterest expense | $12,110,000 | 1,206 |
| Salaries and employee benefits | $4,046,000 | 1,639 |
| Premises and equipment expense | $1,719,000 | 1,211 |
| Additional noninterest expense | $6,345,000 | 929 |
| Pre-tax net operating income | $6,523,000 | 1,178 |
| Securities gains (losses) | $57,000 | 1,220 |
| Applicable income taxes | $2,213,000 | 1,163 |
| Income before extraordinary items | $4,367,000 | 1,216 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $4,367,000 | 1,214 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $782,000 | 1,044 |
| Cash dividends | $3,000,000 | 907 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $4,329,380 | 1,197 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,091,000 | 7,897 |
| Total interest expense | $1,550,000 | 6,753 |
| Net interest income | $1,541,000 | 8,760 |
| Provision for loan and lease losses | $46,000 | 6,340 |
| Total noninterest income | $247,000 | 8,000 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $185,000 | 6,166 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $62,000 | 9,009 |
| Total noninterest expense | $1,351,000 | 8,077 |
| Salaries and employee benefits | $534,000 | 9,091 |
| Premises and equipment expense | $166,000 | 8,170 |
| Additional noninterest expense | $651,000 | 6,671 |
| Pre-tax net operating income | $391,000 | 9,436 |
| Securities gains (losses) | $10,000 | 2,219 |
| Applicable income taxes | $102,000 | 9,321 |
| Income before extraordinary items | $299,000 | 9,157 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $299,000 | 9,160 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $18,000 | 6,783 |
| Cash dividends | $170,000 | 5,823 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $291,500 | 9,306 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,764,000 | 8,723 |
| Total interest expense | $1,427,000 | 7,447 |
| Net interest income | $1,337,000 | 9,622 |
| Provision for loan and lease losses | $24,000 | 8,778 |
| Total noninterest income | $211,000 | 9,014 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $156,000 | 6,947 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $55,000 | 9,815 |
| Total noninterest expense | $1,319,000 | 8,439 |
| Salaries and employee benefits | $507,000 | 9,600 |
| Premises and equipment expense | $167,000 | 8,450 |
| Additional noninterest expense | $645,000 | 6,971 |
| Pre-tax net operating income | $205,000 | 10,990 |
| Securities gains (losses) | $4,000 | 6,316 |
| Applicable income taxes | $26,000 | 11,482 |
| Income before extraordinary items | $183,000 | 10,830 |
| Extraordinary gains, net | $-9,000 | 12,296 |
| Net income | $174,000 | 11,032 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $25,000 | 7,365 |
| Cash dividends | $170,000 | 5,821 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $179,480 | 10,661 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,857,000 | 9,228 |
| Total interest expense | $1,473,000 | 8,594 |
| Net interest income | $1,384,000 | 9,680 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $223,000 | 8,974 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $126,000 | 7,791 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $97,000 | 8,166 |
| Total noninterest expense | $1,045,000 | 9,770 |
| Salaries and employee benefits | $484,000 | 9,933 |
| Premises and equipment expense | $118,000 | 10,101 |
| Additional noninterest expense | $443,000 | 9,061 |
| Pre-tax net operating income | $562,000 | 7,978 |
| Securities gains (losses) | $26,000 | 5,197 |
| Applicable income taxes | $185,000 | 7,849 |
| Income before extraordinary items | $403,000 | 8,184 |
| Extraordinary gains, net | $6,000 | 1,379 |
| Net income | $409,000 | 8,251 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $28,000 | 8,614 |
| Cash dividends | $170,000 | 5,484 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $385,060 | 8,012 |
* 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.