Home > Old Kent Bank of Cadillac > Income and Expense
Old Kent Bank of Cadillac, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $9,021,000 | 3,324 |
| Total interest expense | $3,408,000 | 3,530 |
| Net interest income | $5,613,000 | 3,192 |
| Provision for loan and lease losses | $0 | 9,146 |
| Total noninterest income | $838,000 | 3,578 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $356,000 | 3,777 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $482,000 | 3,021 |
| Total noninterest expense | $3,334,000 | 4,022 |
| Salaries and employee benefits | $1,268,000 | 4,995 |
| Premises and equipment expense | $226,000 | 6,941 |
| Additional noninterest expense | $1,840,000 | 2,770 |
| Pre-tax net operating income | $3,117,000 | 2,273 |
| Securities gains (losses) | $-1,000 | 8,790 |
| Applicable income taxes | $1,046,000 | 2,134 |
| Income before extraordinary items | $2,070,000 | 2,350 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $2,070,000 | 2,349 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $160,000 | 2,864 |
| Cash dividends | $1,400,000 | 1,471 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $2,070,660 | 2,370 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $8,905,000 | 3,453 |
| Total interest expense | $3,428,000 | 3,664 |
| Net interest income | $5,477,000 | 3,280 |
| Provision for loan and lease losses | $200,000 | 3,901 |
| Total noninterest income | $908,000 | 3,609 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $307,000 | 4,337 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $601,000 | 2,898 |
| Total noninterest expense | $3,163,000 | 4,306 |
| Salaries and employee benefits | $1,174,000 | 5,326 |
| Premises and equipment expense | $216,000 | 7,372 |
| Additional noninterest expense | $1,773,000 | 3,021 |
| Pre-tax net operating income | $3,022,000 | 2,269 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $987,000 | 2,288 |
| Income before extraordinary items | $2,035,000 | 2,462 |
| Extraordinary gains, net | $-7,000 | 12,262 |
| Net income | $2,028,000 | 2,562 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $405,000 | 2,038 |
| Cash dividends | $2,300,000 | 898 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $2,035,000 | 2,316 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $9,588,000 | 3,638 |
| Total interest expense | $4,464,000 | 3,674 |
| Net interest income | $5,124,000 | 3,554 |
| Provision for loan and lease losses | $1,842,000 | 1,224 |
| Total noninterest income | $902,000 | 3,615 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $278,000 | 4,723 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $624,000 | 2,757 |
| Total noninterest expense | $3,164,000 | 4,308 |
| Salaries and employee benefits | $1,251,000 | 4,979 |
| Premises and equipment expense | $196,000 | 7,929 |
| Additional noninterest expense | $1,717,000 | 3,187 |
| Pre-tax net operating income | $1,020,000 | 5,546 |
| Securities gains (losses) | $29,000 | 5,046 |
| Applicable income taxes | $306,000 | 5,853 |
| Income before extraordinary items | $743,000 | 5,666 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $743,000 | 5,737 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $567,000 | 2,262 |
| Cash dividends | $200,000 | 4,982 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $722,410 | 5,451 |
* 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.