Home > Old Kent Bank > Income and Expense
Old Kent Bank, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $35,986,000 | 888 |
| Total interest expense | $12,815,000 | 1,028 |
| Net interest income | $23,171,000 | 816 |
| Provision for loan and lease losses | $1,300,000 | 774 |
| Total noninterest income | $3,707,000 | 1,149 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $2,720,000 | 517 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $987,000 | 1,851 |
| Total noninterest expense | $23,931,000 | 700 |
| Salaries and employee benefits | $9,131,000 | 760 |
| Premises and equipment expense | $3,768,000 | 614 |
| Additional noninterest expense | $11,032,000 | 650 |
| Pre-tax net operating income | $1,647,000 | 4,067 |
| Securities gains (losses) | $-2,000 | 9,023 |
| Applicable income taxes | $-154,000 | 12,359 |
| Income before extraordinary items | $1,799,000 | 2,695 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,799,000 | 2,696 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $516,000 | 1,350 |
| Cash dividends | $1,919,000 | 1,159 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,801,000 | 2,705 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $32,318,000 | 997 |
| Total interest expense | $11,147,000 | 1,220 |
| Net interest income | $21,171,000 | 881 |
| Provision for loan and lease losses | $825,000 | 1,481 |
| Total noninterest income | $3,779,000 | 1,213 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $2,790,000 | 505 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $989,000 | 2,045 |
| Total noninterest expense | $17,832,000 | 929 |
| Salaries and employee benefits | $7,758,000 | 878 |
| Premises and equipment expense | $3,268,000 | 718 |
| Additional noninterest expense | $6,806,000 | 996 |
| Pre-tax net operating income | $6,291,000 | 1,108 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $1,468,000 | 1,594 |
| Income before extraordinary items | $4,824,000 | 1,077 |
| Extraordinary gains, net | $-952,000 | 13,205 |
| Net income | $3,872,000 | 1,348 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $812,000 | 1,312 |
| Cash dividends | $1,727,000 | 1,159 |
| Sale, conversion, retirement of capital stock, net | $114,000 | 864 |
| Net operating income | $4,823,230 | 1,005 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $32,272,000 | 1,129 |
| Total interest expense | $13,500,000 | 1,317 |
| Net interest income | $18,772,000 | 990 |
| Provision for loan and lease losses | $1,275,000 | 1,573 |
| Total noninterest income | $3,101,000 | 1,395 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $2,430,000 | 562 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $671,000 | 2,613 |
| Total noninterest expense | $17,010,000 | 969 |
| Salaries and employee benefits | $7,300,000 | 932 |
| Premises and equipment expense | $3,455,000 | 701 |
| Additional noninterest expense | $6,255,000 | 1,103 |
| Pre-tax net operating income | $3,588,000 | 1,716 |
| Securities gains (losses) | $639,000 | 900 |
| Applicable income taxes | $580,000 | 3,529 |
| Income before extraordinary items | $3,647,000 | 1,282 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $3,647,000 | 1,283 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $728,000 | 1,930 |
| Cash dividends | $1,344,000 | 1,201 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $3,097,460 | 1,396 |
* 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.