Home > Mercantile Bank of Wright County > Income and Expense
Mercantile Bank of Wright County, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $3,185,000 | 7,947 |
| Total interest expense | $1,405,000 | 7,965 |
| Net interest income | $1,780,000 | 7,816 |
| Provision for loan and lease losses | $180,000 | 3,223 |
| Total noninterest income | $289,000 | 7,202 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $188,000 | 5,909 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $101,000 | 7,205 |
| Total noninterest expense | $1,015,000 | 8,884 |
| Salaries and employee benefits | $482,000 | 9,269 |
| Premises and equipment expense | $77,000 | 10,293 |
| Additional noninterest expense | $456,000 | 7,647 |
| Pre-tax net operating income | $874,000 | 6,544 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $331,000 | 5,647 |
| Income before extraordinary items | $543,000 | 6,945 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $543,000 | 6,943 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $159,000 | 2,898 |
| Cash dividends | $700,000 | 2,638 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $543,000 | 6,925 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,103,000 | 7,881 |
| Total interest expense | $1,082,000 | 8,349 |
| Net interest income | $2,021,000 | 7,518 |
| Provision for loan and lease losses | $210,000 | 2,926 |
| Total noninterest income | $325,000 | 6,951 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $260,000 | 4,896 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $65,000 | 8,873 |
| Total noninterest expense | $1,182,000 | 8,682 |
| Salaries and employee benefits | $591,000 | 8,665 |
| Premises and equipment expense | $79,000 | 10,685 |
| Additional noninterest expense | $512,000 | 7,738 |
| Pre-tax net operating income | $954,000 | 6,149 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $358,000 | 5,177 |
| Income before extraordinary items | $596,000 | 6,580 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $596,000 | 6,595 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $238,000 | 2,222 |
| Cash dividends | $1,380,000 | 1,503 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $596,000 | 6,641 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $3,454,000 | 7,597 |
| Total interest expense | $1,183,000 | 8,326 |
| Net interest income | $2,271,000 | 6,986 |
| Provision for loan and lease losses | $910,000 | 1,385 |
| Total noninterest income | $295,000 | 7,754 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $248,000 | 5,152 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $47,000 | 10,262 |
| Total noninterest expense | $1,299,000 | 8,515 |
| Salaries and employee benefits | $588,000 | 8,908 |
| Premises and equipment expense | $94,000 | 10,650 |
| Additional noninterest expense | $617,000 | 7,189 |
| Pre-tax net operating income | $357,000 | 9,756 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $160,000 | 8,417 |
| Income before extraordinary items | $198,000 | 10,682 |
| Extraordinary gains, net | $18,000 | 2,745 |
| Net income | $216,000 | 10,566 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $780,000 | 1,342 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $197,360 | 10,460 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,154,000 | 7,311 |
| Total interest expense | $1,672,000 | 7,970 |
| Net interest income | $2,482,000 | 6,642 |
| Provision for loan and lease losses | $755,000 | 2,231 |
| Total noninterest income | $329,000 | 7,354 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $285,000 | 4,633 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $44,000 | 10,778 |
| Total noninterest expense | $1,236,000 | 8,892 |
| Salaries and employee benefits | $569,000 | 9,093 |
| Premises and equipment expense | $94,000 | 10,953 |
| Additional noninterest expense | $573,000 | 7,750 |
| Pre-tax net operating income | $820,000 | 6,479 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $310,000 | 5,797 |
| Income before extraordinary items | $510,000 | 7,238 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $510,000 | 7,331 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $666,000 | 2,044 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $510,000 | 6,871 |
* 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.