Home > Old Kent Bank of Big Rapids > Income and Expense
Old Kent Bank of Big Rapids, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $9,398,000 | 3,213 |
| Total interest expense | $2,986,000 | 3,984 |
| Net interest income | $6,412,000 | 2,822 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $1,176,000 | 2,764 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $656,000 | 2,063 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $520,000 | 2,885 |
| Total noninterest expense | $4,315,000 | 3,193 |
| Salaries and employee benefits | $1,796,000 | 3,625 |
| Premises and equipment expense | $415,000 | 4,437 |
| Additional noninterest expense | $2,104,000 | 2,469 |
| Pre-tax net operating income | $3,273,000 | 2,175 |
| Securities gains (losses) | $-27,000 | 10,567 |
| Applicable income taxes | $1,061,000 | 2,106 |
| Income before extraordinary items | $2,185,000 | 2,238 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,185,000 | 2,236 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $35,000 | 5,738 |
| Cash dividends | $1,700,000 | 1,272 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,203,090 | 2,241 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $9,763,000 | 3,160 |
| Total interest expense | $3,303,000 | 3,780 |
| Net interest income | $6,460,000 | 2,802 |
| Provision for loan and lease losses | $325,000 | 2,832 |
| Total noninterest income | $1,158,000 | 2,985 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $584,000 | 2,349 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $574,000 | 2,968 |
| Total noninterest expense | $4,276,000 | 3,280 |
| Salaries and employee benefits | $1,720,000 | 3,777 |
| Premises and equipment expense | $378,000 | 4,937 |
| Additional noninterest expense | $2,178,000 | 2,540 |
| Pre-tax net operating income | $3,017,000 | 2,270 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $945,000 | 2,400 |
| Income before extraordinary items | $2,072,000 | 2,419 |
| Extraordinary gains, net | $-39,000 | 12,644 |
| Net income | $2,033,000 | 2,554 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $140,000 | 3,831 |
| Cash dividends | $1,700,000 | 1,164 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,072,000 | 2,267 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $10,453,000 | 3,343 |
| Total interest expense | $4,351,000 | 3,771 |
| Net interest income | $6,102,000 | 2,999 |
| Provision for loan and lease losses | $170,000 | 5,731 |
| Total noninterest income | $991,000 | 3,345 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $502,000 | 2,772 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $489,000 | 3,242 |
| Total noninterest expense | $4,042,000 | 3,466 |
| Salaries and employee benefits | $1,672,000 | 3,838 |
| Premises and equipment expense | $368,000 | 5,137 |
| Additional noninterest expense | $2,002,000 | 2,803 |
| Pre-tax net operating income | $2,881,000 | 2,157 |
| Securities gains (losses) | $4,000 | 7,235 |
| Applicable income taxes | $873,000 | 2,386 |
| Income before extraordinary items | $2,012,000 | 2,279 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $2,012,000 | 2,313 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-65,000 | 13,594 |
| Cash dividends | $2,000,000 | 832 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $2,009,200 | 2,113 |
* 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.