Home > Merchants Bank (North) > Income and Expense
Merchants Bank (North), Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $50,256,000 | 780 |
| Total interest expense | $21,463,000 | 863 |
| Net interest income | $28,793,000 | 695 |
| Provision for loan and lease losses | $3,418,000 | 763 |
| Total noninterest income | $3,603,000 | 1,244 |
| Gross Fiduciary activities income | $1,003,000 | 556 |
| Service charges on deposit accounts | $1,992,000 | 678 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $608,000 | 2,808 |
| Total noninterest expense | $16,463,000 | 995 |
| Salaries and employee benefits | $5,658,000 | 1,183 |
| Premises and equipment expense | $1,894,000 | 1,168 |
| Additional noninterest expense | $8,911,000 | 851 |
| Pre-tax net operating income | $12,515,000 | 512 |
| Securities gains (losses) | $20,000 | 5,594 |
| Applicable income taxes | $2,779,000 | 841 |
| Income before extraordinary items | $9,756,000 | 500 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $9,756,000 | 504 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,389,000 | 858 |
| Cash dividends | $5,170,000 | 371 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $9,740,400 | 453 |
* 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.