Home > Michigan Bank, Federal Savings Bank > Income and Expense
Michigan Bank, Federal Savings Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $7,658,000 | 4,197 |
| Total interest expense | $2,361,000 | 5,734 |
| Net interest income | $5,297,000 | 3,347 |
| Provision for loan and lease losses | $0 | 9,041 |
| Total noninterest income | $696,000 | 4,132 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $696,000 | 2,310 |
| Total noninterest expense | $481,000 | 10,662 |
| Salaries and employee benefits | $144,000 | 11,261 |
| Premises and equipment expense | $20,000 | 11,299 |
| Additional noninterest expense | $317,000 | 8,705 |
| Pre-tax net operating income | $5,512,000 | 1,292 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $0 | 10,572 |
| Income before extraordinary items | $5,512,000 | 961 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $5,512,000 | 962 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $139,000 | 3,313 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $5,512,000 | 941 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $1,261,000 | 10,903 |
| Total interest expense | $445,000 | 11,200 |
| Net interest income | $816,000 | 10,490 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $30,000 | 11,660 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $30,000 | 10,278 |
| Total noninterest expense | $157,000 | 11,912 |
| Salaries and employee benefits | $34,000 | 11,954 |
| Premises and equipment expense | $3,000 | 11,938 |
| Additional noninterest expense | $120,000 | 11,424 |
| Pre-tax net operating income | $689,000 | 7,382 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $0 | 11,151 |
| Income before extraordinary items | $689,000 | 6,065 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $689,000 | 6,063 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-15,000 | 10,875 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | NA | NA |
| Net operating income | $689,000 | 6,032 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $35,877,000 | 895 |
| Total interest expense | $16,377,000 | 847 |
| Net interest income | $19,500,000 | 944 |
| Provision for loan and lease losses | $50,000 | 6,087 |
| Total noninterest income | $2,988,000 | 1,370 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $2,988,000 | 876 |
| Total noninterest expense | $18,061,000 | 875 |
| Salaries and employee benefits | $9,220,000 | 750 |
| Premises and equipment expense | $2,960,000 | 774 |
| Additional noninterest expense | $5,881,000 | 1,029 |
| Pre-tax net operating income | $4,377,000 | 1,637 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $-1,000 | 12,035 |
| Income before extraordinary items | $4,378,000 | 1,160 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $4,378,000 | 1,160 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 10,214 |
| Cash dividends | $18,805,000 | 223 |
| Sale, conversion, retirement of capital stock, net | $-41,195,000 | 12,603 |
| Net operating income | $4,378,000 | 1,172 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $50,720,000 | 686 |
| Total interest expense | $23,761,000 | 624 |
| Net interest income | $26,959,000 | 726 |
| Provision for loan and lease losses | $1,090,000 | 1,227 |
| Total noninterest income | $4,747,000 | 1,025 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $4,747,000 | 696 |
| Total noninterest expense | $20,212,000 | 832 |
| Salaries and employee benefits | $9,441,000 | 733 |
| Premises and equipment expense | $2,635,000 | 853 |
| Additional noninterest expense | $8,136,000 | 885 |
| Pre-tax net operating income | $10,404,000 | 703 |
| Securities gains (losses) | $-81,000 | 13,154 |
| Applicable income taxes | $565,000 | 3,774 |
| Income before extraordinary items | $9,758,000 | 550 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $9,758,000 | 566 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,000 | 9,724 |
| Cash dividends | $29,500,000 | 132 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $9,834,950 | 511 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $57,713,000 | 687 |
| Total interest expense | $41,683,000 | 506 |
| Net interest income | $16,030,000 | 1,165 |
| Provision for loan and lease losses | $1,899,000 | 1,203 |
| Total noninterest income | $10,402,000 | 584 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | NA | NA |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $10,402,000 | 431 |
| Total noninterest expense | $15,211,000 | 1,060 |
| Salaries and employee benefits | $6,369,000 | 1,060 |
| Premises and equipment expense | $1,763,000 | 1,243 |
| Additional noninterest expense | $7,079,000 | 1,002 |
| Pre-tax net operating income | $9,322,000 | 683 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $502,000 | 3,985 |
| Income before extraordinary items | $8,820,000 | 545 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $8,820,000 | 546 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $20,000 | 9,104 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $8,820,000 | 493 |
* 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.