Home > Merchants State Bank of North Branch > Income and Expense
Merchants State Bank of North Branch, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $4,026,000 | 6,458 |
| Total interest expense | $1,682,000 | 6,802 |
| Net interest income | $2,344,000 | 6,075 |
| Provision for loan and lease losses | $60,000 | 6,123 |
| Total noninterest income | $863,000 | 3,421 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $541,000 | 2,379 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $322,000 | 3,872 |
| Total noninterest expense | $1,984,000 | 5,632 |
| Salaries and employee benefits | $1,010,000 | 5,754 |
| Premises and equipment expense | $275,000 | 5,637 |
| Additional noninterest expense | $699,000 | 5,169 |
| Pre-tax net operating income | $1,163,000 | 4,985 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $155,000 | 6,776 |
| Income before extraordinary items | $1,008,000 | 4,489 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $1,008,000 | 4,488 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $41,000 | 5,292 |
| Cash dividends | $388,000 | 4,090 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $1,008,000 | 4,388 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $3,607,000 | 7,057 |
| Total interest expense | $1,387,000 | 7,614 |
| Net interest income | $2,220,000 | 6,494 |
| Provision for loan and lease losses | $88,000 | 5,481 |
| Total noninterest income | $960,000 | 3,131 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $522,000 | 2,521 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $438,000 | 3,096 |
| Total noninterest expense | $1,879,000 | 5,898 |
| Salaries and employee benefits | $979,000 | 5,937 |
| Premises and equipment expense | $208,000 | 6,702 |
| Additional noninterest expense | $692,000 | 5,260 |
| Pre-tax net operating income | $1,213,000 | 5,212 |
| Securities gains (losses) | $-1,000 | 9,009 |
| Applicable income taxes | $124,000 | 8,012 |
| Income before extraordinary items | $1,088,000 | 4,403 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,088,000 | 4,404 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $39,000 | 5,539 |
| Cash dividends | $848,000 | 2,474 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,088,900 | 4,329 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $3,266,000 | 7,638 |
| Total interest expense | $1,188,000 | 8,411 |
| Net interest income | $2,078,000 | 6,989 |
| Provision for loan and lease losses | $62,000 | 6,048 |
| Total noninterest income | $704,000 | 4,096 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $505,000 | 2,700 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $199,000 | 5,174 |
| Total noninterest expense | $1,650,000 | 6,704 |
| Salaries and employee benefits | $894,000 | 6,486 |
| Premises and equipment expense | $145,000 | 8,181 |
| Additional noninterest expense | $611,000 | 6,292 |
| Pre-tax net operating income | $1,070,000 | 5,510 |
| Securities gains (losses) | $-4,000 | 9,823 |
| Applicable income taxes | $383,000 | 5,029 |
| Income before extraordinary items | $683,000 | 5,834 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $683,000 | 5,835 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,000 | 7,797 |
| Cash dividends | $250,000 | 4,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $685,560 | 5,764 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $2,995,000 | 8,211 |
| Total interest expense | $1,057,000 | 9,049 |
| Net interest income | $1,938,000 | 7,440 |
| Provision for loan and lease losses | $48,000 | 6,309 |
| Total noninterest income | $628,000 | 4,430 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $476,000 | 2,851 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $152,000 | 5,944 |
| Total noninterest expense | $1,598,000 | 6,980 |
| Salaries and employee benefits | $832,000 | 6,939 |
| Premises and equipment expense | $130,000 | 8,799 |
| Additional noninterest expense | $636,000 | 6,291 |
| Pre-tax net operating income | $920,000 | 6,325 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $331,000 | 5,647 |
| Income before extraordinary items | $589,000 | 6,676 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $589,000 | 6,674 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,000 | 8,036 |
| Cash dividends | $200,000 | 5,441 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $589,000 | 6,665 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,608,000 | 8,713 |
| Total interest expense | $824,000 | 9,479 |
| Net interest income | $1,784,000 | 8,080 |
| Provision for loan and lease losses | $60,000 | 5,594 |
| Total noninterest income | $577,000 | 4,790 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $437,000 | 3,128 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $140,000 | 6,416 |
| Total noninterest expense | $1,542,000 | 7,464 |
| Salaries and employee benefits | $772,000 | 7,368 |
| Premises and equipment expense | $141,000 | 8,799 |
| Additional noninterest expense | $629,000 | 6,821 |
| Pre-tax net operating income | $759,000 | 7,087 |
| Securities gains (losses) | $-1,000 | 8,790 |
| Applicable income taxes | $262,000 | 6,368 |
| Income before extraordinary items | $496,000 | 7,350 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $496,000 | 7,354 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $13,000 | 7,184 |
| Cash dividends | $200,000 | 5,405 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $496,650 | 7,376 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,471,000 | 9,248 |
| Total interest expense | $790,000 | 10,095 |
| Net interest income | $1,681,000 | 8,545 |
| Provision for loan and lease losses | $48,000 | 7,582 |
| Total noninterest income | $533,000 | 5,362 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $360,000 | 3,790 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $173,000 | 6,106 |
| Total noninterest expense | $1,513,000 | 7,787 |
| Salaries and employee benefits | $740,000 | 7,709 |
| Premises and equipment expense | $147,000 | 8,987 |
| Additional noninterest expense | $626,000 | 7,119 |
| Pre-tax net operating income | $653,000 | 7,616 |
| Securities gains (losses) | $14,000 | 5,105 |
| Applicable income taxes | $223,000 | 7,210 |
| Income before extraordinary items | $444,000 | 8,019 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $444,000 | 8,189 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $31,000 | 6,983 |
| Cash dividends | $300,000 | 4,359 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $434,620 | 7,834 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,750,000 | 9,433 |
| Total interest expense | $1,046,000 | 10,204 |
| Net interest income | $1,704,000 | 8,633 |
| Provision for loan and lease losses | $48,000 | 9,164 |
| Total noninterest income | $393,000 | 6,620 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $335,000 | 4,084 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $58,000 | 9,916 |
| Total noninterest expense | $1,424,000 | 8,194 |
| Salaries and employee benefits | $670,000 | 8,220 |
| Premises and equipment expense | $190,000 | 8,078 |
| Additional noninterest expense | $564,000 | 7,825 |
| Pre-tax net operating income | $625,000 | 7,551 |
| Securities gains (losses) | $6,000 | 6,913 |
| Applicable income taxes | $208,000 | 7,402 |
| Income before extraordinary items | $423,000 | 7,984 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $423,000 | 8,114 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,000 | 10,255 |
| Cash dividends | $300,000 | 3,979 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $418,980 | 7,679 |
* 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.