Home > Norwest Bank Minnesota Mesabi > Income and Expense
Norwest Bank Minnesota Mesabi, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $16,039,000 | 1,923 |
| Total interest expense | $6,407,000 | 1,947 |
| Net interest income | $9,632,000 | 1,877 |
| Provision for loan and lease losses | $-366,000 | 12,425 |
| Total noninterest income | $1,468,000 | 2,342 |
| Gross Fiduciary activities income | $26,000 | 1,398 |
| Service charges on deposit accounts | $710,000 | 1,895 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $732,000 | 2,261 |
| Total noninterest expense | $6,871,000 | 2,076 |
| Salaries and employee benefits | $2,502,000 | 2,659 |
| Premises and equipment expense | $831,000 | 2,442 |
| Additional noninterest expense | $3,538,000 | 1,576 |
| Pre-tax net operating income | $4,595,000 | 1,567 |
| Securities gains (losses) | $-210,000 | 11,971 |
| Applicable income taxes | $1,717,000 | 1,372 |
| Income before extraordinary items | $2,668,000 | 1,824 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,668,000 | 1,823 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-134,000 | 12,312 |
| Cash dividends | $2,600,000 | 904 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,802,400 | 1,748 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $15,563,000 | 2,021 |
| Total interest expense | $6,092,000 | 2,130 |
| Net interest income | $9,471,000 | 1,905 |
| Provision for loan and lease losses | $945,000 | 1,355 |
| Total noninterest income | $1,529,000 | 2,414 |
| Gross Fiduciary activities income | $28,000 | 1,417 |
| Service charges on deposit accounts | $708,000 | 1,926 |
| Trading account gains and fees | $5,000 | 460 |
| Additional Noninterest Income | $788,000 | 2,408 |
| Total noninterest expense | $6,632,000 | 2,192 |
| Salaries and employee benefits | $2,392,000 | 2,766 |
| Premises and equipment expense | $831,000 | 2,458 |
| Additional noninterest expense | $3,409,000 | 1,719 |
| Pre-tax net operating income | $3,423,000 | 1,990 |
| Securities gains (losses) | $395,000 | 1,061 |
| Applicable income taxes | $1,432,000 | 1,633 |
| Income before extraordinary items | $2,386,000 | 2,094 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $2,386,000 | 2,176 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $425,000 | 1,979 |
| Cash dividends | $4,150,000 | 558 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,133,200 | 2,210 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $14,681,000 | 2,397 |
| Total interest expense | $7,314,000 | 2,314 |
| Net interest income | $7,367,000 | 2,461 |
| Provision for loan and lease losses | $56,000 | 8,797 |
| Total noninterest income | $1,049,000 | 3,189 |
| Gross Fiduciary activities income | $27,000 | 1,450 |
| Service charges on deposit accounts | $524,000 | 2,646 |
| Trading account gains and fees | $3,000 | 463 |
| Additional Noninterest Income | $495,000 | 3,216 |
| Total noninterest expense | $5,606,000 | 2,581 |
| Salaries and employee benefits | $1,712,000 | 3,741 |
| Premises and equipment expense | $588,000 | 3,423 |
| Additional noninterest expense | $3,306,000 | 1,832 |
| Pre-tax net operating income | $2,754,000 | 2,242 |
| Securities gains (losses) | $230,000 | 1,820 |
| Applicable income taxes | $1,129,000 | 1,880 |
| Income before extraordinary items | $1,855,000 | 2,472 |
| Extraordinary gains, net | $-334,000 | 13,793 |
| Net income | $1,521,000 | 3,073 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-53,000 | 13,506 |
| Cash dividends | $4,340,000 | 427 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,707,800 | 2,498 |
* 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.