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Old Kent Bank of Gaylord, Income and Expense

1994-12-31 (YTD Data)Rank
Total interest income$12,677,0002,391
Total interest expense$4,340,0002,825
Net interest income$8,337,0002,169
Provision for loan and lease losses$110,0004,343
Total noninterest income$1,442,0002,367
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$566,0002,408
Trading account gains and fees$0475
Additional Noninterest Income$876,0002,009
Total noninterest expense$4,612,0002,987
Salaries and employee benefits$1,906,0003,434
Premises and equipment expense$358,0005,012
Additional noninterest expense$2,348,0002,260
Pre-tax net operating income$5,057,0001,460
Securities gains (losses)$-45,00010,953
Applicable income taxes$1,718,0001,371
Income before extraordinary items$3,294,0001,491
Extraordinary gains, net$0249
Net income$3,294,0001,492
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$23,0006,413
Cash dividends$2,100,0001,060
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$3,323,7001,503
1993-12-31 (YTD Data)Rank
Total interest income$12,799,0002,411
Total interest expense$4,765,0002,698
Net interest income$8,034,0002,233
Provision for loan and lease losses$135,0004,908
Total noninterest income$1,681,0002,234
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$467,0002,992
Trading account gains and fees$0532
Additional Noninterest Income$1,214,0001,795
Total noninterest expense$4,702,0003,002
Salaries and employee benefits$1,987,0003,306
Premises and equipment expense$350,0005,236
Additional noninterest expense$2,365,0002,360
Pre-tax net operating income$4,878,0001,435
Securities gains (losses)$07,477
Applicable income taxes$1,637,0001,456
Income before extraordinary items$3,241,0001,573
Extraordinary gains, net$12,0002,892
Net income$3,253,0001,614
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$71,0005,302
Cash dividends$3,200,000676
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$3,241,0001,480
1992-12-31 (YTD Data)Rank
Total interest income$13,838,0002,547
Total interest expense$6,012,0002,767
Net interest income$7,826,0002,310
Provision for loan and lease losses$342,0003,824
Total noninterest income$1,204,0002,861
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$446,0003,147
Trading account gains and fees$0504
Additional Noninterest Income$758,0002,381
Total noninterest expense$4,225,0003,331
Salaries and employee benefits$1,861,0003,428
Premises and equipment expense$197,0007,902
Additional noninterest expense$2,167,0002,621
Pre-tax net operating income$4,463,0001,431
Securities gains (losses)$21,0005,524
Applicable income taxes$1,577,0001,392
Income before extraordinary items$2,907,0001,594
Extraordinary gains, net$01,422
Net income$2,907,0001,607
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$215,0004,039
Cash dividends$2,600,000673
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$2,893,3501,491

* 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.