Home > Norwest Bank Cloquet > Income and Expense
Norwest Bank Cloquet, Income and Expense
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $4,588,000 | 6,141 |
| Total interest expense | $1,890,000 | 6,492 |
| Net interest income | $2,698,000 | 5,766 |
| Provision for loan and lease losses | $540,000 | 1,667 |
| Total noninterest income | $428,000 | 5,495 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $216,000 | 5,097 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $212,000 | 4,828 |
| Total noninterest expense | $2,278,000 | 5,145 |
| Salaries and employee benefits | $1,116,000 | 5,404 |
| Premises and equipment expense | $350,000 | 4,898 |
| Additional noninterest expense | $812,000 | 4,673 |
| Pre-tax net operating income | $308,000 | 8,956 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $63,000 | 9,033 |
| Income before extraordinary items | $245,000 | 8,790 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $245,000 | 8,795 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $44,000 | 5,367 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $245,000 | 8,751 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $5,289,000 | 5,680 |
| Total interest expense | $1,945,000 | 6,537 |
| Net interest income | $3,344,000 | 5,018 |
| Provision for loan and lease losses | $0 | 9,041 |
| Total noninterest income | $408,000 | 5,880 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $254,000 | 4,775 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $154,000 | 5,900 |
| Total noninterest expense | $1,950,000 | 6,037 |
| Salaries and employee benefits | $1,178,000 | 5,286 |
| Premises and equipment expense | $332,000 | 5,206 |
| Additional noninterest expense | $440,000 | 7,546 |
| Pre-tax net operating income | $1,802,000 | 3,718 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $666,000 | 3,296 |
| Income before extraordinary items | $1,136,000 | 4,054 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,136,000 | 4,055 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $25,000 | 6,429 |
| Cash dividends | $509,000 | 3,347 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,136,000 | 3,999 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $5,042,000 | 5,947 |
| Total interest expense | $1,965,000 | 6,547 |
| Net interest income | $3,077,000 | 5,389 |
| Provision for loan and lease losses | $0 | 8,958 |
| Total noninterest income | $387,000 | 6,105 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $255,000 | 4,873 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $132,000 | 6,351 |
| Total noninterest expense | $1,870,000 | 6,301 |
| Salaries and employee benefits | $1,078,000 | 5,692 |
| Premises and equipment expense | $316,000 | 5,409 |
| Additional noninterest expense | $476,000 | 7,466 |
| Pre-tax net operating income | $1,594,000 | 4,242 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $594,000 | 3,683 |
| Income before extraordinary items | $1,000,000 | 4,633 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $1,000,000 | 4,632 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $73,000 | 4,422 |
| Cash dividends | $1,054,000 | 1,939 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $1,000,000 | 4,598 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $4,682,000 | 5,972 |
| Total interest expense | $1,538,000 | 6,781 |
| Net interest income | $3,144,000 | 5,412 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $348,000 | 6,693 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $226,000 | 5,407 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $122,000 | 6,880 |
| Total noninterest expense | $1,890,000 | 6,478 |
| Salaries and employee benefits | $1,017,000 | 6,013 |
| Premises and equipment expense | $306,000 | 5,631 |
| Additional noninterest expense | $567,000 | 7,281 |
| Pre-tax net operating income | $1,602,000 | 4,164 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $600,000 | 3,517 |
| Income before extraordinary items | $1,002,000 | 4,541 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,002,000 | 4,542 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $13,000 | 7,184 |
| Cash dividends | $925,000 | 2,041 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,002,000 | 4,581 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $4,958,000 | 5,828 |
| Total interest expense | $1,589,000 | 6,909 |
| Net interest income | $3,369,000 | 5,128 |
| Provision for loan and lease losses | $100,000 | 5,727 |
| Total noninterest income | $407,000 | 6,400 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $224,000 | 5,526 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $183,000 | 5,948 |
| Total noninterest expense | $1,991,000 | 6,357 |
| Salaries and employee benefits | $1,043,000 | 5,912 |
| Premises and equipment expense | $286,000 | 6,090 |
| Additional noninterest expense | $662,000 | 6,851 |
| Pre-tax net operating income | $1,685,000 | 3,908 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $638,000 | 3,401 |
| Income before extraordinary items | $1,047,000 | 4,524 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $1,047,000 | 4,646 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 8,808 |
| Cash dividends | $673,000 | 2,457 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,047,000 | 4,277 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $5,267,000 | 6,121 |
| Total interest expense | $1,941,000 | 7,241 |
| Net interest income | $3,326,000 | 5,249 |
| Provision for loan and lease losses | $175,000 | 5,648 |
| Total noninterest income | $324,000 | 7,413 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $200,000 | 5,992 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $124,000 | 7,335 |
| Total noninterest expense | $1,811,000 | 6,908 |
| Salaries and employee benefits | $940,000 | 6,392 |
| Premises and equipment expense | $206,000 | 7,697 |
| Additional noninterest expense | $665,000 | 6,991 |
| Pre-tax net operating income | $1,664,000 | 3,690 |
| Securities gains (losses) | $0 | 8,369 |
| Applicable income taxes | $634,000 | 3,281 |
| Income before extraordinary items | $1,030,000 | 4,373 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,030,000 | 4,416 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $48,000 | 7,638 |
| Cash dividends | $521,000 | 2,686 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,030,000 | 4,067 |
* 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.