Home > Northwoods State Bank > Income and Expense

Northwoods State Bank, Income and Expense

2004-12-31 (YTD Data)		Rank
Total interest income	$5,091,000	4,789
Total interest expense	$1,693,000	4,156
Net interest income	$3,398,000	5,004
Provision for loan and lease losses	$328,000	2,744
Total noninterest income	$341,000	6,141
Gross Fiduciary activities income	$0	1,582
Service charges on deposit accounts	$143,000	5,885
Trading account gains and fees	$0	138
Additional Noninterest Income	$198,000	5,129
Total noninterest expense	$1,860,000	6,263
Salaries and employee benefits	$974,000	6,359
Premises and equipment expense	$218,000	6,550
Additional noninterest expense	$668,000	5,676
Pre-tax net operating income	$1,551,000	4,165
Securities gains (losses)	$0	3,819
Applicable income taxes	$632,000	2,939
Income before extraordinary items	$919,000	4,914
Extraordinary gains, net	$0	34
Net income	$919,000	4,914
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$331,000	1,847
Cash dividends	$0	6,149
Sale, conversion, retirement of capital stock, net	$0	872
Net operating income	$919,000	4,847
2004-09-30 (YTD Data)		Rank
Total interest income	$3,907,000	4,681
Total interest expense	$1,261,000	4,124
Net interest income	$2,646,000	4,856
Provision for loan and lease losses	$257,000	2,538
Total noninterest income	$242,000	6,283
Gross Fiduciary activities income	$0	1,547
Service charges on deposit accounts	$105,000	5,965
Trading account gains and fees	$0	134
Additional Noninterest Income	$137,000	5,322
Total noninterest expense	$1,404,000	6,190
Salaries and employee benefits	$740,000	6,289
Premises and equipment expense	$170,000	6,433
Additional noninterest expense	$494,000	5,676
Pre-tax net operating income	$1,227,000	4,107
Securities gains (losses)	$0	3,710
Applicable income taxes	$498,000	2,907
Income before extraordinary items	$729,000	4,852
Extraordinary gains, net	$0	26
Net income	$729,000	4,852
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$222,000	1,771
Cash dividends	$0	5,363
Sale, conversion, retirement of capital stock, net	$0	738
Net operating income	$729,000	4,766
2004-06-30 (YTD Data)		Rank
Total interest income	$2,629,000	4,670
Total interest expense	$834,000	4,152
Net interest income	$1,795,000	4,817
Provision for loan and lease losses	$180,000	2,366
Total noninterest income	$170,000	6,193
Gross Fiduciary activities income	$0	1,518
Service charges on deposit accounts	$71,000	5,950
Trading account gains and fees	$0	130
Additional Noninterest Income	$99,000	5,168
Total noninterest expense	$903,000	6,353
Salaries and employee benefits	$500,000	6,299
Premises and equipment expense	$108,000	6,605
Additional noninterest expense	$295,000	6,021
Pre-tax net operating income	$882,000	3,854
Securities gains (losses)	$0	3,413
Applicable income taxes	$357,000	2,767
Income before extraordinary items	$525,000	4,610
Extraordinary gains, net	$0	21
Net income	$525,000	4,611
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$152,000	1,659
Cash dividends	$0	5,087
Sale, conversion, retirement of capital stock, net	$0	638
Net operating income	$525,000	4,521
2004-03-31 (YTD Data)		Rank
Total interest income	$1,341,000	4,622
Total interest expense	$409,000	4,259
Net interest income	$932,000	4,709
Provision for loan and lease losses	$76,000	2,538
Total noninterest income	$83,000	6,207
Gross Fiduciary activities income	$0	1,441
Service charges on deposit accounts	$33,000	6,033
Trading account gains and fees	$0	121
Additional Noninterest Income	$50,000	5,122
Total noninterest expense	$445,000	6,444
Salaries and employee benefits	$251,000	6,328
Premises and equipment expense	$56,000	6,504
Additional noninterest expense	$138,000	6,256
Pre-tax net operating income	$494,000	3,555
Securities gains (losses)	$0	2,934
Applicable income taxes	$200,000	2,580
Income before extraordinary items	$294,000	4,322
Extraordinary gains, net	$0	16
Net income	$294,000	4,321
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$99,000	1,325
Cash dividends	$0	3,841
Sale, conversion, retirement of capital stock, net	$0	464
Net operating income	$294,000	4,197
2003-12-31 (YTD Data)		Rank
Total interest income	$5,055,000	4,856
Total interest expense	$1,594,000	4,696
Net interest income	$3,461,000	4,838
Provision for loan and lease losses	$491,000	2,199
Total noninterest income	$424,000	5,847
Gross Fiduciary activities income	$0	1,641
Service charges on deposit accounts	$114,000	6,350
Trading account gains and fees	$0	160
Additional Noninterest Income	$310,000	4,438
Total noninterest expense	$1,967,000	6,038
Salaries and employee benefits	$979,000	6,336
Premises and equipment expense	$231,000	6,426
Additional noninterest expense	$757,000	5,236
Pre-tax net operating income	$1,427,000	4,251
Securities gains (losses)	$0	4,500
Applicable income taxes	$585,000	3,109
Income before extraordinary items	$842,000	5,114
Extraordinary gains, net	$0	54
Net income	$842,000	5,115
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$64,000	4,746
Cash dividends	$0	6,283
Sale, conversion, retirement of capital stock, net	$0	868
Net operating income	$842,000	4,950
2003-09-30 (YTD Data)		Rank
Total interest income	$3,753,000	4,949
Total interest expense	$1,183,000	4,854
Net interest income	$2,570,000	4,873
Provision for loan and lease losses	$401,000	2,016
Total noninterest income	$410,000	5,246
Gross Fiduciary activities income	$0	1,599
Service charges on deposit accounts	$79,000	6,528
Trading account gains and fees	$0	153
Additional Noninterest Income	$331,000	3,882
Total noninterest expense	$1,361,000	6,292
Salaries and employee benefits	$740,000	6,288
Premises and equipment expense	$162,000	6,596
Additional noninterest expense	$459,000	5,911
Pre-tax net operating income	$1,218,000	4,028
Securities gains (losses)	$0	4,204
Applicable income taxes	$498,000	3,038
Income before extraordinary items	$720,000	4,919
Extraordinary gains, net	$0	40
Net income	$720,000	4,919
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$65,000	3,857
Cash dividends	$0	5,519
Sale, conversion, retirement of capital stock, net	$0	722
Net operating income	$720,000	4,723
2003-06-30 (YTD Data)		Rank
Total interest income	$2,433,000	5,078
Total interest expense	$774,000	5,031
Net interest income	$1,659,000	4,973
Provision for loan and lease losses	$289,000	1,920
Total noninterest income	$280,000	5,167
Gross Fiduciary activities income	$0	1,577
Service charges on deposit accounts	$43,000	6,840
Trading account gains and fees	$0	150
Additional Noninterest Income	$237,000	3,717
Total noninterest expense	$930,000	6,214
Salaries and employee benefits	$504,000	6,231
Premises and equipment expense	$109,000	6,544
Additional noninterest expense	$317,000	5,788
Pre-tax net operating income	$720,000	4,353
Securities gains (losses)	$0	3,782
Applicable income taxes	$296,000	3,266
Income before extraordinary items	$424,000	5,258
Extraordinary gains, net	$0	30
Net income	$424,000	5,258
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$15,000	4,910
Cash dividends	$0	5,215
Sale, conversion, retirement of capital stock, net	$0	589
Net operating income	$424,000	5,055
2003-03-31 (YTD Data)		Rank
Total interest income	$1,180,000	5,223
Total interest expense	$391,000	5,105
Net interest income	$789,000	5,143
Provision for loan and lease losses	$199,000	1,386
Total noninterest income	$163,000	4,677
Gross Fiduciary activities income	$0	1,504
Service charges on deposit accounts	$24,000	6,593
Trading account gains and fees	$0	134
Additional Noninterest Income	$139,000	3,347
Total noninterest expense	$445,000	6,371
Salaries and employee benefits	$244,000	6,341
Premises and equipment expense	$51,000	6,736
Additional noninterest expense	$150,000	5,938
Pre-tax net operating income	$308,000	4,726
Securities gains (losses)	$0	2,891
Applicable income taxes	$127,000	3,521
Income before extraordinary items	$181,000	5,570
Extraordinary gains, net	$0	21
Net income	$181,000	5,569
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$10,000	3,949
Cash dividends	$0	3,930
Sale, conversion, retirement of capital stock, net	$0	419
Net operating income	$181,000	5,376
2002-12-31 (YTD Data)		Rank
Total interest income	$2,769,000	7,079
Total interest expense	$942,000	7,078
Net interest income	$1,827,000	6,905
Provision for loan and lease losses	$485,000	2,422
Total noninterest income	$195,000	7,363
Gross Fiduciary activities income	$0	1,713
Service charges on deposit accounts	$52,000	7,490
Trading account gains and fees	$0	153
Additional Noninterest Income	$143,000	5,705
Total noninterest expense	$949,000	8,038
Salaries and employee benefits	$456,000	8,299
Premises and equipment expense	$175,000	7,092
Additional noninterest expense	$318,000	7,679
Pre-tax net operating income	$588,000	6,463
Securities gains (losses)	$-7,000	8,862
Applicable income taxes	$244,000	4,801
Income before extraordinary items	$337,000	7,145
Extraordinary gains, net	$0	70
Net income	$337,000	7,145
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$258,000	2,612
Cash dividends	$0	6,377
Sale, conversion, retirement of capital stock, net	$0	862
Net operating income	$341,480	7,006
2001-12-31 (YTD Data)		Rank
Total interest income	$3,603,000	6,674
Total interest expense	$1,691,000	6,620
Net interest income	$1,912,000	6,577
Provision for loan and lease losses	$122,000	5,165
Total noninterest income	$365,000	5,915
Gross Fiduciary activities income	$0	1,731
Service charges on deposit accounts	$90,000	6,770
Trading account gains and fees	$0	177
Additional Noninterest Income	$275,000	4,302
Total noninterest expense	$1,345,000	7,132
Salaries and employee benefits	$686,000	7,255
Premises and equipment expense	$182,000	7,035
Additional noninterest expense	$477,000	6,609
Pre-tax net operating income	$810,000	5,459
Securities gains (losses)	$43,000	2,496
Applicable income taxes	$336,000	4,055
Income before extraordinary items	$517,000	5,980
Extraordinary gains, net	$0	105
Net income	$517,000	5,981
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$6,000	7,166
Cash dividends	$0	6,617
Sale, conversion, retirement of capital stock, net	$0	922
Net operating income	$489,480	6,006
2000-12-31 (YTD Data)		Rank
Total interest income	$2,858,000	7,561
Total interest expense	$1,308,000	7,565
Net interest income	$1,550,000	7,379
Provision for loan and lease losses	$137,000	4,589
Total noninterest income	$167,000	7,661
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$75,000	7,101
Trading account gains and fees	NA	NA
Additional Noninterest Income	$92,000	6,616
Total noninterest expense	$1,322,000	7,186
Salaries and employee benefits	$750,000	6,974
Premises and equipment expense	$161,000	7,398
Additional noninterest expense	$411,000	7,061
Pre-tax net operating income	$258,000	8,085
Securities gains (losses)	$-15,000	8,587
Applicable income taxes	$65,000	7,009
Income before extraordinary items	$178,000	8,211
Extraordinary gains, net	$0	38
Net income	$178,000	8,210
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$70,000	4,198
Cash dividends	$0	6,853
Sale, conversion, retirement of capital stock, net	$0	969
Net operating income	$188,950	8,142
1999-12-31 (YTD Data)		Rank
Total interest income	$695,000	9,849
Total interest expense	$282,000	9,822
Net interest income	$413,000	9,803
Provision for loan and lease losses	$28,000	7,340
Total noninterest income	$40,000	9,729
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$17,000	8,549
Trading account gains and fees	NA	NA
Additional Noninterest Income	$23,000	9,132
Total noninterest expense	$389,000	9,897
Salaries and employee benefits	$212,000	9,872
Premises and equipment expense	$54,000	9,557
Additional noninterest expense	$123,000	9,760
Pre-tax net operating income	$36,000	9,280
Securities gains (losses)	$1,000	2,805
Applicable income taxes	$-10,000	9,674
Income before extraordinary items	$47,000	9,256
Extraordinary gains, net	$0	35
Net income	$47,000	9,253
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$0	7,897
Cash dividends	$0	7,131
Sale, conversion, retirement of capital stock, net	$0	1,035
Net operating income	$46,000	9,232
1998-12-31 (YTD Data)		Rank
Total interest income	$1,799,000	8,922
Total interest expense	$878,000	8,742
Net interest income	$921,000	8,979
Provision for loan and lease losses	$60,000	6,123
Total noninterest income	$78,000	9,386
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$49,000	8,070
Trading account gains and fees	NA	NA
Additional Noninterest Income	$29,000	9,064
Total noninterest expense	$670,000	9,195
Salaries and employee benefits	$384,000	9,065
Premises and equipment expense	$95,000	8,828
Additional noninterest expense	$191,000	9,226
Pre-tax net operating income	$269,000	8,567
Securities gains (losses)	$-5,000	10,072
Applicable income taxes	$98,000	7,562
Income before extraordinary items	$166,000	8,870
Extraordinary gains, net	$0	32
Net income	$166,000	8,868
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$41,000	5,292
Cash dividends	$39,000	7,043
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$169,200	8,777
1997-12-31 (YTD Data)		Rank
Total interest income	$1,733,000	9,379
Total interest expense	$869,000	9,053
Net interest income	$864,000	9,509
Provision for loan and lease losses	$60,000	6,153
Total noninterest income	$77,000	9,820
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$51,000	8,399
Trading account gains and fees	NA	NA
Additional Noninterest Income	$26,000	9,525
Total noninterest expense	$643,000	9,584
Salaries and employee benefits	$399,000	9,262
Premises and equipment expense	$84,000	9,342
Additional noninterest expense	$160,000	9,882
Pre-tax net operating income	$238,000	9,364
Securities gains (losses)	$-2,000	9,246
Applicable income taxes	$66,000	8,988
Income before extraordinary items	$170,000	9,404
Extraordinary gains, net	$0	44
Net income	$170,000	9,406
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$26,000	6,193
Cash dividends	$51,000	7,153
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$171,440	9,348
1996-12-31 (YTD Data)		Rank
Total interest income	$1,469,000	10,155
Total interest expense	$708,000	9,940
Net interest income	$761,000	10,219
Provision for loan and lease losses	$29,000	7,529
Total noninterest income	$73,000	10,411
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$49,000	8,876
Trading account gains and fees	NA	NA
Additional Noninterest Income	$24,000	10,174
Total noninterest expense	$614,000	10,125
Salaries and employee benefits	$387,000	9,698
Premises and equipment expense	$73,000	9,997
Additional noninterest expense	$154,000	10,503
Pre-tax net operating income	$191,000	9,838
Securities gains (losses)	$-7,000	10,114
Applicable income taxes	$35,000	9,947
Income before extraordinary items	$149,000	9,801
Extraordinary gains, net	$0	53
Net income	$149,000	9,800
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$3,000	8,286
Cash dividends	$22,000	8,024
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$154,670	9,688
1995-12-31 (YTD Data)		Rank
Total interest income	$1,176,000	11,008
Total interest expense	$540,000	10,885
Net interest income	$636,000	11,015
Provision for loan and lease losses	$33,000	6,978
Total noninterest income	$57,000	11,227
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$23,000	9,934
Trading account gains and fees	NA	NA
Additional Noninterest Income	$34,000	10,029
Total noninterest expense	$583,000	10,645
Salaries and employee benefits	$329,000	10,509
Premises and equipment expense	$84,000	10,095
Additional noninterest expense	$170,000	10,813
Pre-tax net operating income	$77,000	11,198
Securities gains (losses)	$14,000	2,143
Applicable income taxes	$9,000	10,947
Income before extraordinary items	$82,000	11,086
Extraordinary gains, net	$0	65
Net income	$82,000	11,085
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$13,000	7,181
Cash dividends	$22,000	8,348
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$69,400	11,148
1994-12-31 (YTD Data)		Rank
Total interest income	$958,000	11,787
Total interest expense	$355,000	11,808
Net interest income	$603,000	11,696
Provision for loan and lease losses	$14,000	8,180
Total noninterest income	$51,000	11,921
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$24,000	10,462
Trading account gains and fees	NA	NA
Additional Noninterest Income	$27,000	10,986
Total noninterest expense	$453,000	11,825
Salaries and employee benefits	$256,000	11,613
Premises and equipment expense	$52,000	11,558
Additional noninterest expense	$145,000	11,851
Pre-tax net operating income	$187,000	10,991
Securities gains (losses)	$3,000	2,889
Applicable income taxes	$29,000	10,950
Income before extraordinary items	$161,000	10,690
Extraordinary gains, net	$0	249
Net income	$161,000	10,696
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$24,000	6,338
Cash dividends	$36,000	8,262
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$158,450	10,765
1993-12-31 (YTD Data)		Rank
Total interest income	$995,000	12,302
Total interest expense	$409,000	12,183
Net interest income	$586,000	12,271
Provision for loan and lease losses	$3,000	10,228
Total noninterest income	$59,000	12,319
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$24,000	10,907
Trading account gains and fees	NA	NA
Additional Noninterest Income	$35,000	10,982
Total noninterest expense	$426,000	12,524
Salaries and employee benefits	$238,000	12,298
Premises and equipment expense	$58,000	11,921
Additional noninterest expense	$130,000	12,659
Pre-tax net operating income	$216,000	10,902
Securities gains (losses)	$0	7,477
Applicable income taxes	$66,000	10,572
Income before extraordinary items	$150,000	11,203
Extraordinary gains, net	$0	3,149
Net income	$150,000	11,285
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$10,000	8,555
Cash dividends	$15,000	8,780
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$150,000	10,996
1992-12-31 (YTD Data)		Rank
Total interest income	$1,071,000	12,896
Total interest expense	$513,000	12,711
Net interest income	$558,000	12,886
Provision for loan and lease losses	$15,000	10,851
Total noninterest income	$45,000	13,226
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$20,000	11,362
Trading account gains and fees	NA	NA
Additional Noninterest Income	$25,000	12,163
Total noninterest expense	$384,000	13,244
Salaries and employee benefits	$219,000	12,944
Premises and equipment expense	$34,000	13,280
Additional noninterest expense	$131,000	13,194
Pre-tax net operating income	$204,000	11,037
Securities gains (losses)	$-1,000	12,730
Applicable income taxes	$78,000	10,500
Income before extraordinary items	$125,000	11,619
Extraordinary gains, net	$0	1,422
Net income	$125,000	11,697
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$1,000	11,020
Cash dividends	$0	8,912
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$125,640	11,290

* 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.