Home > Old Kent Bank-Grand Traverse > Income and Expense
Old Kent Bank-Grand Traverse, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $30,858,000 | 1,027 |
| Total interest expense | $11,738,000 | 1,119 |
| Net interest income | $19,120,000 | 968 |
| Provision for loan and lease losses | $330,000 | 2,106 |
| Total noninterest income | $3,441,000 | 1,223 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,744,000 | 765 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,697,000 | 1,265 |
| Total noninterest expense | $12,025,000 | 1,234 |
| Salaries and employee benefits | $5,518,000 | 1,216 |
| Premises and equipment expense | $1,203,000 | 1,717 |
| Additional noninterest expense | $5,304,000 | 1,117 |
| Pre-tax net operating income | $10,206,000 | 781 |
| Securities gains (losses) | $116,000 | 718 |
| Applicable income taxes | $3,375,000 | 785 |
| Income before extraordinary items | $6,947,000 | 767 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $6,947,000 | 767 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-248,000 | 12,445 |
| Cash dividends | $4,000,000 | 653 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $6,869,280 | 781 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $29,065,000 | 1,091 |
| Total interest expense | $11,509,000 | 1,184 |
| Net interest income | $17,556,000 | 1,048 |
| Provision for loan and lease losses | $1,000,000 | 1,300 |
| Total noninterest income | $3,793,000 | 1,209 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,602,000 | 812 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $2,191,000 | 1,179 |
| Total noninterest expense | $11,957,000 | 1,287 |
| Salaries and employee benefits | $5,541,000 | 1,210 |
| Premises and equipment expense | $1,123,000 | 1,867 |
| Additional noninterest expense | $5,293,000 | 1,222 |
| Pre-tax net operating income | $8,392,000 | 879 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $2,755,000 | 931 |
| Income before extraordinary items | $5,637,000 | 925 |
| Extraordinary gains, net | $-100,000 | 12,917 |
| Net income | $5,537,000 | 970 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,307,000 | 949 |
| Cash dividends | $5,700,000 | 429 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $5,637,000 | 874 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $31,997,000 | 1,144 |
| Total interest expense | $14,369,000 | 1,227 |
| Net interest income | $17,628,000 | 1,049 |
| Provision for loan and lease losses | $1,950,000 | 1,175 |
| Total noninterest income | $3,974,000 | 1,145 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,456,000 | 895 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $2,518,000 | 1,076 |
| Total noninterest expense | $11,861,000 | 1,336 |
| Salaries and employee benefits | $5,322,000 | 1,265 |
| Premises and equipment expense | $1,205,000 | 1,750 |
| Additional noninterest expense | $5,334,000 | 1,252 |
| Pre-tax net operating income | $7,791,000 | 827 |
| Securities gains (losses) | $153,000 | 2,394 |
| Applicable income taxes | $2,538,000 | 911 |
| Income before extraordinary items | $5,406,000 | 882 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $5,406,000 | 885 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $715,000 | 1,948 |
| Cash dividends | $3,900,000 | 468 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $5,301,960 | 822 |
* 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.