Home > Mercantile Bank of Sterling-Rock Falls > Income and Expense
Mercantile Bank of Sterling-Rock Falls, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $11,816,000 | 2,789 |
| Total interest expense | $5,392,000 | 2,825 |
| Net interest income | $6,424,000 | 2,752 |
| Provision for loan and lease losses | $610,000 | 1,479 |
| Total noninterest income | $816,000 | 3,651 |
| Gross Fiduciary activities income | $153,000 | 1,036 |
| Service charges on deposit accounts | $384,000 | 3,455 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $279,000 | 4,257 |
| Total noninterest expense | $4,404,000 | 3,076 |
| Salaries and employee benefits | $2,446,000 | 2,759 |
| Premises and equipment expense | $589,000 | 3,266 |
| Additional noninterest expense | $1,369,000 | 3,377 |
| Pre-tax net operating income | $2,226,000 | 3,123 |
| Securities gains (losses) | $-64,000 | 11,108 |
| Applicable income taxes | $554,000 | 3,816 |
| Income before extraordinary items | $1,608,000 | 2,995 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,608,000 | 2,997 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $93,000 | 4,082 |
| Cash dividends | $1,400,000 | 1,660 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,655,360 | 2,878 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $12,208,000 | 2,738 |
| Total interest expense | $5,728,000 | 2,683 |
| Net interest income | $6,480,000 | 2,752 |
| Provision for loan and lease losses | $201,000 | 2,982 |
| Total noninterest income | $767,000 | 3,806 |
| Gross Fiduciary activities income | $174,000 | 1,034 |
| Service charges on deposit accounts | $259,000 | 4,816 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $334,000 | 3,741 |
| Total noninterest expense | $5,073,000 | 2,677 |
| Salaries and employee benefits | $2,291,000 | 2,908 |
| Premises and equipment expense | $1,075,000 | 1,885 |
| Additional noninterest expense | $1,707,000 | 2,739 |
| Pre-tax net operating income | $1,973,000 | 3,539 |
| Securities gains (losses) | $29,000 | 1,653 |
| Applicable income taxes | $459,000 | 4,468 |
| Income before extraordinary items | $1,543,000 | 3,166 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,543,000 | 3,163 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $292,000 | 1,972 |
| Cash dividends | $1,000,000 | 2,009 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,520,670 | 3,193 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $11,187,000 | 2,717 |
| Total interest expense | $4,471,000 | 2,741 |
| Net interest income | $6,716,000 | 2,703 |
| Provision for loan and lease losses | $66,000 | 5,441 |
| Total noninterest income | $922,000 | 3,298 |
| Gross Fiduciary activities income | $168,000 | 1,053 |
| Service charges on deposit accounts | $386,000 | 3,497 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $368,000 | 3,589 |
| Total noninterest expense | $4,819,000 | 2,864 |
| Salaries and employee benefits | $2,295,000 | 2,883 |
| Premises and equipment expense | $583,000 | 3,355 |
| Additional noninterest expense | $1,941,000 | 2,641 |
| Pre-tax net operating income | $2,753,000 | 2,577 |
| Securities gains (losses) | $-43,000 | 10,916 |
| Applicable income taxes | $673,000 | 3,186 |
| Income before extraordinary items | $2,037,000 | 2,383 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,037,000 | 2,383 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $96,000 | 3,814 |
| Cash dividends | $1,650,000 | 1,300 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,069,250 | 2,371 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $11,261,000 | 2,753 |
| Total interest expense | $4,568,000 | 2,825 |
| Net interest income | $6,693,000 | 2,694 |
| Provision for loan and lease losses | $258,000 | 3,321 |
| Total noninterest income | $833,000 | 3,859 |
| Gross Fiduciary activities income | $147,000 | 1,130 |
| Service charges on deposit accounts | $363,000 | 3,762 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $323,000 | 4,288 |
| Total noninterest expense | $4,903,000 | 2,902 |
| Salaries and employee benefits | $2,312,000 | 2,848 |
| Premises and equipment expense | $929,000 | 2,206 |
| Additional noninterest expense | $1,662,000 | 3,214 |
| Pre-tax net operating income | $2,365,000 | 2,847 |
| Securities gains (losses) | $11,000 | 5,374 |
| Applicable income taxes | $569,000 | 3,757 |
| Income before extraordinary items | $1,807,000 | 2,754 |
| Extraordinary gains, net | $146,000 | 1,264 |
| Net income | $1,953,000 | 2,677 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $112,000 | 4,303 |
| Cash dividends | $1,000,000 | 1,731 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,798,640 | 2,612 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $12,522,000 | 2,801 |
| Total interest expense | $5,985,000 | 2,783 |
| Net interest income | $6,537,000 | 2,804 |
| Provision for loan and lease losses | $375,000 | 3,592 |
| Total noninterest income | $849,000 | 3,803 |
| Gross Fiduciary activities income | $129,000 | 1,192 |
| Service charges on deposit accounts | $469,000 | 2,976 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $251,000 | 4,947 |
| Total noninterest expense | $4,752,000 | 3,008 |
| Salaries and employee benefits | $2,402,000 | 2,699 |
| Premises and equipment expense | $566,000 | 3,549 |
| Additional noninterest expense | $1,784,000 | 3,080 |
| Pre-tax net operating income | $2,259,000 | 2,763 |
| Securities gains (losses) | $24,000 | 5,342 |
| Applicable income taxes | $506,000 | 3,967 |
| Income before extraordinary items | $1,777,000 | 2,583 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,777,000 | 2,619 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $383,000 | 2,901 |
| Cash dividends | $850,000 | 1,800 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,758,280 | 2,424 |
* 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.