Home > Merchants and Farmers Bank > Income and Expense
Merchants and Farmers Bank, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $9,151,000 | 3,529 |
| Total interest expense | $3,936,000 | 3,733 |
| Net interest income | $5,215,000 | 3,347 |
| Provision for loan and lease losses | $1,040,000 | 963 |
| Total noninterest income | $721,000 | 3,893 |
| Gross Fiduciary activities income | $4,000 | 1,385 |
| Service charges on deposit accounts | $427,000 | 3,056 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $290,000 | 4,011 |
| Total noninterest expense | $3,863,000 | 3,274 |
| Salaries and employee benefits | $1,576,000 | 4,073 |
| Premises and equipment expense | $563,000 | 3,339 |
| Additional noninterest expense | $1,724,000 | 2,401 |
| Pre-tax net operating income | $1,033,000 | 5,738 |
| Securities gains (losses) | $-25,000 | 10,445 |
| Applicable income taxes | $488,000 | 4,282 |
| Income before extraordinary items | $520,000 | 6,860 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $520,000 | 6,863 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $257,000 | 2,169 |
| Cash dividends | $675,000 | 2,850 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $536,000 | 6,708 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $8,882,000 | 3,659 |
| Total interest expense | $4,450,000 | 3,352 |
| Net interest income | $4,432,000 | 3,938 |
| Provision for loan and lease losses | $265,000 | 2,838 |
| Total noninterest income | $684,000 | 4,181 |
| Gross Fiduciary activities income | $4,000 | 1,462 |
| Service charges on deposit accounts | $380,000 | 3,486 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $300,000 | 4,071 |
| Total noninterest expense | $2,956,000 | 4,351 |
| Salaries and employee benefits | $1,547,000 | 4,194 |
| Premises and equipment expense | $534,000 | 3,581 |
| Additional noninterest expense | $875,000 | 4,854 |
| Pre-tax net operating income | $1,895,000 | 3,553 |
| Securities gains (losses) | $-25,000 | 10,754 |
| Applicable income taxes | $532,000 | 3,950 |
| Income before extraordinary items | $1,338,000 | 3,537 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,338,000 | 3,537 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $277,000 | 2,193 |
| Cash dividends | $579,000 | 3,129 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,356,000 | 3,457 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $7,592,000 | 4,217 |
| Total interest expense | $3,652,000 | 4,001 |
| Net interest income | $3,940,000 | 4,373 |
| Provision for loan and lease losses | $120,000 | 4,090 |
| Total noninterest income | $633,000 | 4,410 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $360,000 | 3,684 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $273,000 | 4,237 |
| Total noninterest expense | $2,965,000 | 4,328 |
| Salaries and employee benefits | $1,474,000 | 4,352 |
| Premises and equipment expense | $590,000 | 3,247 |
| Additional noninterest expense | $901,000 | 4,768 |
| Pre-tax net operating income | $1,488,000 | 4,484 |
| Securities gains (losses) | $-9,000 | 10,045 |
| Applicable income taxes | $449,000 | 4,533 |
| Income before extraordinary items | $1,030,000 | 4,472 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,030,000 | 4,470 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $102,000 | 3,716 |
| Cash dividends | $381,000 | 3,992 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,036,300 | 4,446 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $5,961,000 | 4,895 |
| Total interest expense | $2,426,000 | 4,777 |
| Net interest income | $3,535,000 | 4,901 |
| Provision for loan and lease losses | $90,000 | 4,765 |
| Total noninterest income | $618,000 | 4,554 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $379,000 | 3,573 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $239,000 | 4,715 |
| Total noninterest expense | $2,998,000 | 4,409 |
| Salaries and employee benefits | $1,405,000 | 4,543 |
| Premises and equipment expense | $654,000 | 3,007 |
| Additional noninterest expense | $939,000 | 4,981 |
| Pre-tax net operating income | $1,065,000 | 5,699 |
| Securities gains (losses) | $-45,000 | 10,953 |
| Applicable income taxes | $213,000 | 7,131 |
| Income before extraordinary items | $807,000 | 5,328 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $807,000 | 5,341 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $245,000 | 2,183 |
| Cash dividends | $388,000 | 3,844 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $842,550 | 5,212 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $5,548,000 | 5,294 |
| Total interest expense | $2,244,000 | 5,281 |
| Net interest income | $3,304,000 | 5,209 |
| Provision for loan and lease losses | $360,000 | 2,633 |
| Total noninterest income | $690,000 | 4,487 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $393,000 | 3,498 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $297,000 | 4,494 |
| Total noninterest expense | $3,119,000 | 4,365 |
| Salaries and employee benefits | $1,517,000 | 4,231 |
| Premises and equipment expense | $460,000 | 4,160 |
| Additional noninterest expense | $1,142,000 | 4,392 |
| Pre-tax net operating income | $515,000 | 8,564 |
| Securities gains (losses) | $6,000 | 5,977 |
| Applicable income taxes | $112,000 | 9,471 |
| Income before extraordinary items | $409,000 | 8,338 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $409,000 | 8,501 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $190,000 | 3,226 |
| Cash dividends | $179,000 | 5,731 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $404,260 | 8,109 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,501,000 | 11,968 |
| Total interest expense | $652,000 | 12,062 |
| Net interest income | $849,000 | 11,708 |
| Provision for loan and lease losses | $43,000 | 9,374 |
| Total noninterest income | $177,000 | 9,884 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $120,000 | 7,946 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $57,000 | 9,979 |
| Total noninterest expense | $818,000 | 10,916 |
| Salaries and employee benefits | $414,000 | 10,690 |
| Premises and equipment expense | $133,000 | 9,598 |
| Additional noninterest expense | $271,000 | 11,258 |
| Pre-tax net operating income | $165,000 | 11,376 |
| Securities gains (losses) | $-88,000 | 13,765 |
| Applicable income taxes | $159,000 | 8,397 |
| Income before extraordinary items | $-82,000 | 13,040 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $-82,000 | 13,032 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $155,000 | 4,797 |
| Cash dividends | $46,000 | 7,828 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $-25,680 | 12,751 |
* 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.