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Old Kent Bank - East, Income and Expense

1994-12-31 (YTD Data)Rank
Total interest income$24,476,0001,283
Total interest expense$9,354,0001,394
Net interest income$15,122,0001,208
Provision for loan and lease losses$140,0003,750
Total noninterest income$2,800,0001,439
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$1,656,000791
Trading account gains and fees$6,000402
Additional Noninterest Income$1,138,0001,691
Total noninterest expense$13,387,0001,121
Salaries and employee benefits$5,057,0001,333
Premises and equipment expense$1,745,0001,205
Additional noninterest expense$6,585,000942
Pre-tax net operating income$4,395,0001,629
Securities gains (losses)$86,000841
Applicable income taxes$1,523,0001,542
Income before extraordinary items$2,958,0001,653
Extraordinary gains, net$0249
Net income$2,958,0001,652
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-264,00012,459
Cash dividends$5,700,000518
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$2,901,2401,693
1993-12-31 (YTD Data)Rank
Total interest income$23,393,0001,364
Total interest expense$9,574,0001,403
Net interest income$13,819,0001,302
Provision for loan and lease losses$2,420,000708
Total noninterest income$3,264,0001,363
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$1,446,000912
Trading account gains and fees$6,000451
Additional Noninterest Income$1,812,0001,347
Total noninterest expense$11,952,0001,288
Salaries and employee benefits$4,461,0001,522
Premises and equipment expense$1,421,0001,497
Additional noninterest expense$6,070,0001,085
Pre-tax net operating income$2,711,0002,521
Securities gains (losses)$199,0001,699
Applicable income taxes$925,0002,452
Income before extraordinary items$1,985,0002,541
Extraordinary gains, net$-400,00013,148
Net income$1,585,0003,166
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,527,000631
Cash dividends$1,000,0001,731
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$1,849,6802,548
1992-12-31 (YTD Data)Rank
Total interest income$26,967,0001,354
Total interest expense$12,946,0001,367
Net interest income$14,021,0001,320
Provision for loan and lease losses$4,710,000616
Total noninterest income$2,847,0001,500
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$1,280,0001,014
Trading account gains and fees$0504
Additional Noninterest Income$1,567,0001,470
Total noninterest expense$11,683,0001,353
Salaries and employee benefits$4,343,0001,530
Premises and equipment expense$1,425,0001,503
Additional noninterest expense$5,915,0001,150
Pre-tax net operating income$475,0008,593
Securities gains (losses)$247,0001,739
Applicable income taxes$247,0006,708
Income before extraordinary items$475,0007,541
Extraordinary gains, net$01,422
Net income$475,0007,644
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$2,210,000907
Cash dividends$1,100,0001,422
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$311,9808,778

* 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.