Home > Michigan Avenue National Bank of Chicago > Income and Expense
Michigan Avenue National Bank of Chicago, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $16,556,000 | 1,861 |
| Total interest expense | $4,944,000 | 2,488 |
| Net interest income | $11,612,000 | 1,553 |
| Provision for loan and lease losses | $1,981,000 | 589 |
| Total noninterest income | $3,931,000 | 1,095 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,306,000 | 1,017 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $2,625,000 | 958 |
| Total noninterest expense | $8,671,000 | 1,694 |
| Salaries and employee benefits | $4,247,000 | 1,574 |
| Premises and equipment expense | $1,335,000 | 1,560 |
| Additional noninterest expense | $3,089,000 | 1,757 |
| Pre-tax net operating income | $4,891,000 | 1,499 |
| Securities gains (losses) | $-74,000 | 11,337 |
| Applicable income taxes | $1,553,000 | 1,510 |
| Income before extraordinary items | $3,264,000 | 1,508 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,264,000 | 1,509 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,610,000 | 653 |
| Cash dividends | $3,770,000 | 687 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,314,320 | 1,504 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $15,501,000 | 2,029 |
| Total interest expense | $4,583,000 | 2,817 |
| Net interest income | $10,918,000 | 1,659 |
| Provision for loan and lease losses | $1,437,000 | 1,035 |
| Total noninterest income | $4,702,000 | 1,032 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,504,000 | 871 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $3,198,000 | 916 |
| Total noninterest expense | $10,203,000 | 1,500 |
| Salaries and employee benefits | $4,663,000 | 1,451 |
| Premises and equipment expense | $1,418,000 | 1,503 |
| Additional noninterest expense | $4,122,000 | 1,478 |
| Pre-tax net operating income | $3,980,000 | 1,733 |
| Securities gains (losses) | $74,000 | 2,889 |
| Applicable income taxes | $1,307,000 | 1,793 |
| Income before extraordinary items | $2,747,000 | 1,813 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,747,000 | 1,882 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,376,000 | 917 |
| Cash dividends | $2,040,000 | 995 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,696,680 | 1,744 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $16,421,000 | 2,157 |
| Total interest expense | $6,257,000 | 2,675 |
| Net interest income | $10,164,000 | 1,796 |
| Provision for loan and lease losses | $1,002,000 | 1,830 |
| Total noninterest income | $5,833,000 | 874 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,529,000 | 855 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $4,304,000 | 749 |
| Total noninterest expense | $10,305,000 | 1,488 |
| Salaries and employee benefits | $3,963,000 | 1,667 |
| Premises and equipment expense | $1,328,000 | 1,605 |
| Additional noninterest expense | $5,014,000 | 1,317 |
| Pre-tax net operating income | $4,690,000 | 1,360 |
| Securities gains (losses) | $702,000 | 840 |
| Applicable income taxes | $1,699,000 | 1,311 |
| Income before extraordinary items | $3,693,000 | 1,264 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $3,693,000 | 1,267 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $558,000 | 2,289 |
| Cash dividends | $3,524,000 | 502 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $3,215,640 | 1,335 |
* 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.