Home > Midwest Guaranty Bank > Income and Expense
Midwest Guaranty Bank, Income and Expense
| 2004-03-31 (YTD Data) | Rank | |
| Total interest income | $3,298,000 | 2,117 |
| Total interest expense | $567,000 | 3,267 |
| Net interest income | $2,731,000 | 1,817 |
| Provision for loan and lease losses | $128,000 | 1,725 |
| Total noninterest income | $324,000 | 2,949 |
| Gross Fiduciary activities income | $0 | 1,441 |
| Service charges on deposit accounts | $189,000 | 2,194 |
| Trading account gains and fees | $0 | 121 |
| Additional Noninterest Income | $135,000 | 3,125 |
| Total noninterest expense | $1,957,000 | 2,052 |
| Salaries and employee benefits | $1,167,000 | 1,874 |
| Premises and equipment expense | $389,000 | 1,507 |
| Additional noninterest expense | $401,000 | 2,905 |
| Pre-tax net operating income | $970,000 | 2,058 |
| Securities gains (losses) | $0 | 2,934 |
| Applicable income taxes | $295,000 | 1,954 |
| Income before extraordinary items | $675,000 | 2,247 |
| Extraordinary gains, net | $0 | 16 |
| Net income | $675,000 | 2,248 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-9,000 | 8,177 |
| Cash dividends | $0 | 3,841 |
| Sale, conversion, retirement of capital stock, net | $0 | 464 |
| Net operating income | $675,000 | 2,162 |
| 2003-12-31 (YTD Data) | Rank | |
| Total interest income | $13,008,000 | 2,193 |
| Total interest expense | $2,272,000 | 3,609 |
| Net interest income | $10,736,000 | 1,820 |
| Provision for loan and lease losses | $483,000 | 2,227 |
| Total noninterest income | $1,597,000 | 2,713 |
| Gross Fiduciary activities income | $0 | 1,641 |
| Service charges on deposit accounts | $777,000 | 2,163 |
| Trading account gains and fees | $0 | 160 |
| Additional Noninterest Income | $820,000 | 2,699 |
| Total noninterest expense | $8,230,000 | 1,932 |
| Salaries and employee benefits | $4,831,000 | 1,781 |
| Premises and equipment expense | $1,349,000 | 1,683 |
| Additional noninterest expense | $2,050,000 | 2,350 |
| Pre-tax net operating income | $3,620,000 | 2,156 |
| Securities gains (losses) | $0 | 4,500 |
| Applicable income taxes | $1,084,000 | 2,063 |
| Income before extraordinary items | $2,536,000 | 2,348 |
| Extraordinary gains, net | $0 | 54 |
| Net income | $2,536,000 | 2,351 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-47,000 | 8,922 |
| Cash dividends | $5,000 | 6,251 |
| Sale, conversion, retirement of capital stock, net | $0 | 868 |
| Net operating income | $2,536,000 | 2,239 |
| 2003-09-30 (YTD Data) | Rank | |
| Total interest income | $9,659,000 | 2,257 |
| Total interest expense | $1,716,000 | 3,694 |
| Net interest income | $7,943,000 | 1,862 |
| Provision for loan and lease losses | $396,000 | 2,045 |
| Total noninterest income | $1,279,000 | 2,650 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $572,000 | 2,217 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $707,000 | 2,541 |
| Total noninterest expense | $6,213,000 | 1,914 |
| Salaries and employee benefits | $3,621,000 | 1,796 |
| Premises and equipment expense | $982,000 | 1,744 |
| Additional noninterest expense | $1,610,000 | 2,231 |
| Pre-tax net operating income | $2,613,000 | 2,292 |
| Securities gains (losses) | $0 | 4,204 |
| Applicable income taxes | $773,000 | 2,252 |
| Income before extraordinary items | $1,840,000 | 2,506 |
| Extraordinary gains, net | $0 | 40 |
| Net income | $1,840,000 | 2,505 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-94,000 | 9,077 |
| Cash dividends | $4,000 | 5,488 |
| Sale, conversion, retirement of capital stock, net | $0 | 722 |
| Net operating income | $1,840,000 | 2,373 |
| 2003-06-30 (YTD Data) | Rank | |
| Total interest income | $6,355,000 | 2,311 |
| Total interest expense | $1,167,000 | 3,755 |
| Net interest income | $5,188,000 | 1,890 |
| Provision for loan and lease losses | $264,000 | 2,054 |
| Total noninterest income | $703,000 | 3,008 |
| Gross Fiduciary activities income | $0 | 1,577 |
| Service charges on deposit accounts | $367,000 | 2,257 |
| Trading account gains and fees | $0 | 150 |
| Additional Noninterest Income | $336,000 | 3,095 |
| Total noninterest expense | $4,172,000 | 1,899 |
| Salaries and employee benefits | $2,376,000 | 1,807 |
| Premises and equipment expense | $647,000 | 1,755 |
| Additional noninterest expense | $1,149,000 | 2,080 |
| Pre-tax net operating income | $1,455,000 | 2,662 |
| Securities gains (losses) | $0 | 3,782 |
| Applicable income taxes | $428,000 | 2,566 |
| Income before extraordinary items | $1,027,000 | 2,919 |
| Extraordinary gains, net | $0 | 30 |
| Net income | $1,027,000 | 2,918 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-91,000 | 9,110 |
| Cash dividends | $4,000 | 5,175 |
| Sale, conversion, retirement of capital stock, net | $0 | 589 |
| Net operating income | $1,027,000 | 2,762 |
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $3,089,000 | 2,384 |
| Total interest expense | $567,000 | 3,946 |
| Net interest income | $2,522,000 | 1,941 |
| Provision for loan and lease losses | $162,000 | 1,603 |
| Total noninterest income | $319,000 | 3,107 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $180,000 | 2,223 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $139,000 | 3,347 |
| Total noninterest expense | $1,932,000 | 2,029 |
| Salaries and employee benefits | $1,187,000 | 1,798 |
| Premises and equipment expense | $313,000 | 1,822 |
| Additional noninterest expense | $432,000 | 2,673 |
| Pre-tax net operating income | $747,000 | 2,608 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $220,000 | 2,546 |
| Income before extraordinary items | $527,000 | 2,838 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $527,000 | 2,836 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 7,979 |
| Cash dividends | $4,000 | 3,899 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $527,000 | 2,694 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $11,473,000 | 2,664 |
| Total interest expense | $2,185,000 | 4,527 |
| Net interest income | $9,288,000 | 2,086 |
| Provision for loan and lease losses | $590,000 | 2,103 |
| Total noninterest income | $1,287,000 | 2,930 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $642,000 | 2,438 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $645,000 | 2,846 |
| Total noninterest expense | $7,329,000 | 2,050 |
| Salaries and employee benefits | $4,530,000 | 1,766 |
| Premises and equipment expense | $1,190,000 | 1,869 |
| Additional noninterest expense | $1,609,000 | 2,792 |
| Pre-tax net operating income | $2,656,000 | 2,762 |
| Securities gains (losses) | $29,000 | 2,860 |
| Applicable income taxes | $795,000 | 2,605 |
| Income before extraordinary items | $1,890,000 | 2,933 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $1,890,000 | 2,931 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $130,000 | 3,757 |
| Cash dividends | $19,000 | 6,235 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $1,869,700 | 2,860 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $10,976,000 | 3,059 |
| Total interest expense | $2,847,000 | 4,924 |
| Net interest income | $8,129,000 | 2,215 |
| Provision for loan and lease losses | $480,000 | 2,273 |
| Total noninterest income | $1,162,000 | 2,992 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $602,000 | 2,426 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $560,000 | 2,945 |
| Total noninterest expense | $6,867,000 | 2,089 |
| Salaries and employee benefits | $4,145,000 | 1,801 |
| Premises and equipment expense | $1,111,000 | 1,931 |
| Additional noninterest expense | $1,611,000 | 2,697 |
| Pre-tax net operating income | $1,944,000 | 3,240 |
| Securities gains (losses) | $109,000 | 1,681 |
| Applicable income taxes | $619,000 | 2,906 |
| Income before extraordinary items | $1,434,000 | 3,334 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $1,434,000 | 3,338 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $305,000 | 2,215 |
| Cash dividends | $47,000 | 6,214 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $1,357,700 | 3,385 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $10,756,000 | 3,198 |
| Total interest expense | $2,818,000 | 5,156 |
| Net interest income | $7,938,000 | 2,246 |
| Provision for loan and lease losses | $595,000 | 1,643 |
| Total noninterest income | $1,083,000 | 2,973 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $667,000 | 2,075 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $416,000 | 3,250 |
| Total noninterest expense | $6,322,000 | 2,178 |
| Salaries and employee benefits | $3,514,000 | 2,024 |
| Premises and equipment expense | $1,089,000 | 1,908 |
| Additional noninterest expense | $1,719,000 | 2,496 |
| Pre-tax net operating income | $2,104,000 | 3,195 |
| Securities gains (losses) | $-11,000 | 8,394 |
| Applicable income taxes | $732,000 | 2,688 |
| Income before extraordinary items | $1,361,000 | 3,512 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $1,361,000 | 3,511 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $330,000 | 1,707 |
| Cash dividends | $0 | 6,853 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $1,368,150 | 3,481 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $9,089,000 | 3,504 |
| Total interest expense | $2,363,000 | 5,401 |
| Net interest income | $6,726,000 | 2,606 |
| Provision for loan and lease losses | $420,000 | 2,015 |
| Total noninterest income | $1,061,000 | 2,956 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $626,000 | 2,123 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $435,000 | 3,228 |
| Total noninterest expense | $5,431,000 | 2,494 |
| Salaries and employee benefits | $3,089,000 | 2,273 |
| Premises and equipment expense | $977,000 | 2,094 |
| Additional noninterest expense | $1,365,000 | 3,095 |
| Pre-tax net operating income | $1,936,000 | 3,420 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $723,000 | 2,845 |
| Income before extraordinary items | $1,213,000 | 3,846 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $1,213,000 | 3,847 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $492,000 | 1,235 |
| Cash dividends | $0 | 7,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $1,213,000 | 3,810 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $8,404,000 | 3,758 |
| Total interest expense | $2,629,000 | 5,188 |
| Net interest income | $5,775,000 | 2,985 |
| Provision for loan and lease losses | $424,000 | 1,969 |
| Total noninterest income | $940,000 | 3,231 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $573,000 | 2,242 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $367,000 | 3,606 |
| Total noninterest expense | $4,837,000 | 2,708 |
| Salaries and employee benefits | $2,415,000 | 2,816 |
| Premises and equipment expense | $895,000 | 2,170 |
| Additional noninterest expense | $1,527,000 | 2,724 |
| Pre-tax net operating income | $1,454,000 | 4,281 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $550,000 | 3,614 |
| Income before extraordinary items | $904,000 | 4,810 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $904,000 | 4,809 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $313,000 | 1,799 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $904,000 | 4,715 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $7,939,000 | 3,999 |
| Total interest expense | $2,549,000 | 5,335 |
| Net interest income | $5,390,000 | 3,251 |
| Provision for loan and lease losses | $271,000 | 2,811 |
| Total noninterest income | $708,000 | 3,942 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $547,000 | 2,409 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $161,000 | 5,514 |
| Total noninterest expense | $3,888,000 | 3,261 |
| Salaries and employee benefits | $1,979,000 | 3,344 |
| Premises and equipment expense | $753,000 | 2,563 |
| Additional noninterest expense | $1,156,000 | 3,451 |
| Pre-tax net operating income | $1,939,000 | 3,649 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $737,000 | 3,116 |
| Income before extraordinary items | $1,202,000 | 4,054 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $1,202,000 | 4,053 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $154,000 | 2,980 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $1,202,000 | 3,990 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $6,733,000 | 4,728 |
| Total interest expense | $2,102,000 | 6,221 |
| Net interest income | $4,631,000 | 3,798 |
| Provision for loan and lease losses | $240,000 | 3,003 |
| Total noninterest income | $581,000 | 4,669 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $443,000 | 3,058 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $138,000 | 6,206 |
| Total noninterest expense | $3,463,000 | 3,811 |
| Salaries and employee benefits | $1,711,000 | 3,836 |
| Premises and equipment expense | $625,000 | 3,078 |
| Additional noninterest expense | $1,127,000 | 3,985 |
| Pre-tax net operating income | $1,509,000 | 4,321 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $560,000 | 3,785 |
| Income before extraordinary items | $949,000 | 4,687 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $949,000 | 4,689 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-5,000 | 10,158 |
| Cash dividends | $0 | 8,336 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $949,000 | 4,641 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $6,121,000 | 5,118 |
| Total interest expense | $2,012,000 | 6,437 |
| Net interest income | $4,109,000 | 4,216 |
| Provision for loan and lease losses | $515,000 | 1,531 |
| Total noninterest income | $620,000 | 4,466 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $386,000 | 3,469 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $234,000 | 4,678 |
| Total noninterest expense | $2,900,000 | 4,419 |
| Salaries and employee benefits | $1,459,000 | 4,393 |
| Premises and equipment expense | $571,000 | 3,347 |
| Additional noninterest expense | $870,000 | 4,906 |
| Pre-tax net operating income | $1,314,000 | 4,919 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $504,000 | 4,173 |
| Income before extraordinary items | $810,000 | 5,399 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $810,000 | 5,396 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $66,000 | 4,621 |
| Cash dividends | $0 | 8,717 |
| Sale, conversion, retirement of capital stock, net | $500,000 | 374 |
| Net operating income | $810,000 | 5,369 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,860,000 | 5,787 |
| Total interest expense | $1,495,000 | 6,908 |
| Net interest income | $3,365,000 | 5,108 |
| Provision for loan and lease losses | $270,000 | 2,445 |
| Total noninterest income | $464,000 | 5,555 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $348,000 | 3,860 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $116,000 | 7,032 |
| Total noninterest expense | $2,826,000 | 4,642 |
| Salaries and employee benefits | $1,282,000 | 4,945 |
| Premises and equipment expense | $494,000 | 3,843 |
| Additional noninterest expense | $1,050,000 | 4,521 |
| Pre-tax net operating income | $733,000 | 7,227 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $276,000 | 6,177 |
| Income before extraordinary items | $457,000 | 7,643 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $457,000 | 7,651 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $88,000 | 3,964 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $457,000 | 7,697 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,082,000 | 6,779 |
| Total interest expense | $1,509,000 | 7,176 |
| Net interest income | $2,573,000 | 6,408 |
| Provision for loan and lease losses | $262,000 | 3,284 |
| Total noninterest income | $360,000 | 6,904 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $290,000 | 4,551 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $70,000 | 9,084 |
| Total noninterest expense | $2,290,000 | 5,684 |
| Salaries and employee benefits | $1,092,000 | 5,685 |
| Premises and equipment expense | $473,000 | 4,066 |
| Additional noninterest expense | $725,000 | 6,391 |
| Pre-tax net operating income | $381,000 | 9,569 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $156,000 | 8,496 |
| Income before extraordinary items | $225,000 | 10,341 |
| Extraordinary gains, net | $24,000 | 2,616 |
| Net income | $249,000 | 10,197 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $148,000 | 3,696 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $225,000 | 10,104 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $3,684,000 | 7,936 |
| Total interest expense | $1,559,000 | 8,337 |
| Net interest income | $2,125,000 | 7,430 |
| Provision for loan and lease losses | $180,000 | 5,503 |
| Total noninterest income | $269,000 | 8,196 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $232,000 | 5,399 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $37,000 | 11,257 |
| Total noninterest expense | $1,950,000 | 6,508 |
| Salaries and employee benefits | $949,000 | 6,334 |
| Premises and equipment expense | $407,000 | 4,729 |
| Additional noninterest expense | $594,000 | 7,569 |
| Pre-tax net operating income | $264,000 | 10,482 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $110,000 | 9,648 |
| Income before extraordinary items | $154,000 | 11,216 |
| Extraordinary gains, net | $78,000 | 841 |
| Net income | $232,000 | 10,293 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $36,000 | 8,210 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $154,000 | 10,876 |
* 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.