Home > Merchants & Miners State Bank of Hibbing > Income and Expense
Merchants & Miners State Bank of Hibbing, Income and Expense
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $4,835,000 | 6,551 |
| Total interest expense | $1,985,000 | 7,145 |
| Net interest income | $2,850,000 | 5,966 |
| Provision for loan and lease losses | $77,000 | 8,018 |
| Total noninterest income | $485,000 | 5,769 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $237,000 | 5,330 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $248,000 | 4,980 |
| Total noninterest expense | $1,874,000 | 6,724 |
| Salaries and employee benefits | $1,050,000 | 5,779 |
| Premises and equipment expense | $265,000 | 6,528 |
| Additional noninterest expense | $559,000 | 7,886 |
| Pre-tax net operating income | $1,384,000 | 4,360 |
| Securities gains (losses) | $11,000 | 6,349 |
| Applicable income taxes | $540,000 | 3,741 |
| Income before extraordinary items | $855,000 | 5,099 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $855,000 | 5,155 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $342,000 | 3,103 |
| Cash dividends | $700,000 | 2,122 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $847,960 | 4,822 |
* 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.