Home > Old Kent Bank > Income and Expense
Old Kent Bank, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $146,285,000 | 327 |
| Total interest expense | $75,778,000 | 310 |
| Net interest income | $70,507,000 | 335 |
| Provision for loan and lease losses | $2,425,000 | 534 |
| Total noninterest income | $24,508,000 | 335 |
| Gross Fiduciary activities income | $8,957,000 | 156 |
| Service charges on deposit accounts | $6,687,000 | 257 |
| Trading account gains and fees | $3,460,000 | 59 |
| Additional Noninterest Income | $5,404,000 | 615 |
| Total noninterest expense | $61,454,000 | 336 |
| Salaries and employee benefits | $23,954,000 | 336 |
| Premises and equipment expense | $7,963,000 | 324 |
| Additional noninterest expense | $29,537,000 | 334 |
| Pre-tax net operating income | $31,136,000 | 331 |
| Securities gains (losses) | $-182,000 | 11,296 |
| Applicable income taxes | $11,097,000 | 341 |
| Income before extraordinary items | $19,857,000 | 343 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $19,857,000 | 343 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,956,000 | 455 |
| Cash dividends | $14,925,000 | 337 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $19,973,480 | 331 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $144,322,000 | 338 |
| Total interest expense | $77,346,000 | 326 |
| Net interest income | $66,976,000 | 360 |
| Provision for loan and lease losses | $1,925,000 | 594 |
| Total noninterest income | $20,704,000 | 386 |
| Gross Fiduciary activities income | $8,410,000 | 171 |
| Service charges on deposit accounts | $5,755,000 | 305 |
| Trading account gains and fees | $3,152,000 | 78 |
| Additional Noninterest Income | $3,387,000 | 830 |
| Total noninterest expense | $64,038,000 | 340 |
| Salaries and employee benefits | $26,632,000 | 326 |
| Premises and equipment expense | $9,714,000 | 299 |
| Additional noninterest expense | $27,692,000 | 347 |
| Pre-tax net operating income | $21,717,000 | 453 |
| Securities gains (losses) | $59,000 | 1,203 |
| Applicable income taxes | $7,229,000 | 466 |
| Income before extraordinary items | $14,547,000 | 448 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $14,547,000 | 448 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,305,000 | 526 |
| Cash dividends | $11,700,000 | 361 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $14,507,470 | 448 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $113,423,000 | 366 |
| Total interest expense | $51,137,000 | 369 |
| Net interest income | $62,286,000 | 364 |
| Provision for loan and lease losses | $1,925,000 | 603 |
| Total noninterest income | $19,182,000 | 387 |
| Gross Fiduciary activities income | $8,216,000 | 170 |
| Service charges on deposit accounts | $4,159,000 | 373 |
| Trading account gains and fees | $2,526,000 | 70 |
| Additional Noninterest Income | $4,281,000 | 700 |
| Total noninterest expense | $57,085,000 | 365 |
| Salaries and employee benefits | $24,989,000 | 341 |
| Premises and equipment expense | $7,777,000 | 351 |
| Additional noninterest expense | $24,319,000 | 386 |
| Pre-tax net operating income | $22,458,000 | 424 |
| Securities gains (losses) | $156,000 | 583 |
| Applicable income taxes | $7,130,000 | 440 |
| Income before extraordinary items | $15,484,000 | 400 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $15,484,000 | 401 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,410,000 | 717 |
| Cash dividends | $11,000,000 | 320 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $15,377,920 | 410 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $94,403,000 | 415 |
| Total interest expense | $39,554,000 | 426 |
| Net interest income | $54,849,000 | 409 |
| Provision for loan and lease losses | $2,100,000 | 783 |
| Total noninterest income | $19,490,000 | 389 |
| Gross Fiduciary activities income | $8,107,000 | 167 |
| Service charges on deposit accounts | $3,255,000 | 448 |
| Trading account gains and fees | $2,404,000 | 98 |
| Additional Noninterest Income | $5,724,000 | 615 |
| Total noninterest expense | $50,213,000 | 403 |
| Salaries and employee benefits | $21,263,000 | 373 |
| Premises and equipment expense | $6,709,000 | 399 |
| Additional noninterest expense | $22,241,000 | 430 |
| Pre-tax net operating income | $22,026,000 | 379 |
| Securities gains (losses) | $291,000 | 1,329 |
| Applicable income taxes | $6,460,000 | 449 |
| Income before extraordinary items | $15,857,000 | 370 |
| Extraordinary gains, net | $-508,000 | 13,168 |
| Net income | $15,349,000 | 389 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $583,000 | 1,615 |
| Cash dividends | $17,000,000 | 199 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $15,650,390 | 351 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $86,518,000 | 495 |
| Total interest expense | $41,025,000 | 523 |
| Net interest income | $45,493,000 | 476 |
| Provision for loan and lease losses | $7,050,000 | 477 |
| Total noninterest income | $18,150,000 | 412 |
| Gross Fiduciary activities income | $7,999,000 | 167 |
| Service charges on deposit accounts | $2,786,000 | 502 |
| Trading account gains and fees | $2,449,000 | 99 |
| Additional Noninterest Income | $4,916,000 | 685 |
| Total noninterest expense | $45,133,000 | 446 |
| Salaries and employee benefits | $19,386,000 | 391 |
| Premises and equipment expense | $5,473,000 | 478 |
| Additional noninterest expense | $20,274,000 | 453 |
| Pre-tax net operating income | $11,460,000 | 566 |
| Securities gains (losses) | $814,000 | 755 |
| Applicable income taxes | $2,558,000 | 902 |
| Income before extraordinary items | $9,716,000 | 502 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $9,716,000 | 506 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,449,000 | 847 |
| Cash dividends | $5,500,000 | 346 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $9,072,940 | 483 |
* 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.