Home > Norwest Bank Shipshewana > Income and Expense
Norwest Bank Shipshewana, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $10,328,000 | 2,996 |
| Total interest expense | $5,762,000 | 2,251 |
| Net interest income | $4,566,000 | 3,877 |
| Provision for loan and lease losses | $4,247,000 | 491 |
| Total noninterest income | $646,000 | 4,705 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $355,000 | 3,825 |
| Trading account gains and fees | $-1,000 | 5,052 |
| Additional Noninterest Income | $292,000 | 4,540 |
| Total noninterest expense | $3,601,000 | 3,814 |
| Salaries and employee benefits | $1,895,000 | 3,445 |
| Premises and equipment expense | $488,000 | 3,950 |
| Additional noninterest expense | $1,218,000 | 4,144 |
| Pre-tax net operating income | $-2,636,000 | 13,119 |
| Securities gains (losses) | $19,000 | 4,737 |
| Applicable income taxes | $-819,000 | 13,167 |
| Income before extraordinary items | $-1,798,000 | 13,078 |
| Extraordinary gains, net | $-153,000 | 13,008 |
| Net income | $-1,951,000 | 13,088 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,883,000 | 577 |
| Cash dividends | $2,150,000 | 953 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $-1,811,110 | 13,050 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $12,655,000 | 2,780 |
| Total interest expense | $7,730,000 | 2,202 |
| Net interest income | $4,925,000 | 3,697 |
| Provision for loan and lease losses | $1,715,000 | 1,286 |
| Total noninterest income | $886,000 | 3,664 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $444,000 | 3,160 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $442,000 | 3,479 |
| Total noninterest expense | $3,140,000 | 4,335 |
| Salaries and employee benefits | $1,289,000 | 4,857 |
| Premises and equipment expense | $216,000 | 7,482 |
| Additional noninterest expense | $1,635,000 | 3,352 |
| Pre-tax net operating income | $956,000 | 5,823 |
| Securities gains (losses) | $195,000 | 2,044 |
| Applicable income taxes | $418,000 | 4,636 |
| Income before extraordinary items | $733,000 | 5,725 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $733,000 | 5,795 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,291,000 | 1,327 |
| Cash dividends | $380,000 | 3,450 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $608,200 | 6,149 |
* 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.