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Minnesota Valley Bank, Income and Expense

1996-12-31 (YTD Data)Rank
Total interest income$11,628,0002,839
Total interest expense$5,891,0002,590
Net interest income$5,737,0003,084
Provision for loan and lease losses$120,0004,568
Total noninterest income$678,0004,205
Gross Fiduciary activities income$01,526
Service charges on deposit accounts$484,0002,799
Trading account gains and fees$0262
Additional Noninterest Income$194,0005,254
Total noninterest expense$3,235,0004,059
Salaries and employee benefits$1,808,0003,650
Premises and equipment expense$482,0003,887
Additional noninterest expense$945,0004,606
Pre-tax net operating income$3,060,0002,329
Securities gains (losses)$-45,00010,998
Applicable income taxes$1,177,0002,027
Income before extraordinary items$1,838,0002,644
Extraordinary gains, net$053
Net income$1,838,0002,646
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$74,0004,511
Cash dividends$800,0002,476
Sale, conversion, retirement of capital stock, net$0953
Net operating income$1,866,8002,568
1995-12-31 (YTD Data)Rank
Total interest income$10,981,0003,019
Total interest expense$5,636,0002,724
Net interest income$5,345,0003,320
Provision for loan and lease losses$60,0005,704
Total noninterest income$614,0004,487
Gross Fiduciary activities income$01,590
Service charges on deposit accounts$434,0003,094
Trading account gains and fees$0522
Additional Noninterest Income$180,0005,433
Total noninterest expense$3,057,0004,218
Salaries and employee benefits$1,635,0003,970
Premises and equipment expense$453,0004,092
Additional noninterest expense$969,0004,478
Pre-tax net operating income$2,842,0002,539
Securities gains (losses)$-13,00010,273
Applicable income taxes$1,126,0002,143
Income before extraordinary items$1,703,0002,885
Extraordinary gains, net$065
Net income$1,703,0002,883
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$42,0005,457
Cash dividends$800,0002,402
Sale, conversion, retirement of capital stock, net$0809
Net operating income$1,711,3202,840
1994-12-31 (YTD Data)Rank
Total interest income$9,325,0003,237
Total interest expense$4,126,0002,948
Net interest income$5,199,0003,441
Provision for loan and lease losses$108,0004,394
Total noninterest income$511,0005,216
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$393,0003,430
Trading account gains and fees$0475
Additional Noninterest Income$118,0006,976
Total noninterest expense$3,121,0004,268
Salaries and employee benefits$1,626,0003,973
Premises and equipment expense$458,0004,099
Additional noninterest expense$1,037,0004,580
Pre-tax net operating income$2,481,0002,849
Securities gains (losses)$03,600
Applicable income taxes$965,0002,316
Income before extraordinary items$1,516,0003,146
Extraordinary gains, net$0249
Net income$1,516,0003,157
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$50,0005,113
Cash dividends$726,0002,451
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$1,516,0003,166
1993-12-31 (YTD Data)Rank
Total interest income$8,780,0003,501
Total interest expense$3,795,0003,318
Net interest income$4,985,0003,588
Provision for loan and lease losses$146,0004,734
Total noninterest income$462,0005,895
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$353,0003,847
Trading account gains and fees$0532
Additional Noninterest Income$109,0007,610
Total noninterest expense$2,955,0004,579
Salaries and employee benefits$1,496,0004,286
Premises and equipment expense$405,0004,666
Additional noninterest expense$1,054,0004,699
Pre-tax net operating income$2,346,0002,873
Securities gains (losses)$51,0003,368
Applicable income taxes$945,0002,400
Income before extraordinary items$1,452,0003,338
Extraordinary gains, net$03,149
Net income$1,452,0003,441
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$14,0008,222
Cash dividends$300,0004,359
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$1,419,3603,233
1992-12-31 (YTD Data)Rank
Total interest income$8,638,0004,004
Total interest expense$4,108,0003,979
Net interest income$4,530,0003,979
Provision for loan and lease losses$143,0006,243
Total noninterest income$406,0006,492
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$302,0004,410
Trading account gains and fees$0504
Additional Noninterest Income$104,0007,922
Total noninterest expense$2,337,0005,618
Salaries and employee benefits$1,209,0005,122
Premises and equipment expense$358,0005,273
Additional noninterest expense$770,0006,281
Pre-tax net operating income$2,456,0002,534
Securities gains (losses)$6,0006,913
Applicable income taxes$962,0002,186
Income before extraordinary items$1,500,0003,084
Extraordinary gains, net$01,422
Net income$1,500,0003,116
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$142,0005,022
Cash dividends$350,0003,631
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$1,496,1602,855

* 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.