Home > Old Kent Bank of Gaylord > Income and Expense
Old Kent Bank of Gaylord, Income and Expense
1994-12-31 (YTD Data) | Rank | |
Total interest income | $12,677,000 | 2,391 |
Total interest expense | $4,340,000 | 2,825 |
Net interest income | $8,337,000 | 2,169 |
Provision for loan and lease losses | $110,000 | 4,343 |
Total noninterest income | $1,442,000 | 2,367 |
Gross Fiduciary activities income | $0 | 1,599 |
Service charges on deposit accounts | $566,000 | 2,408 |
Trading account gains and fees | $0 | 475 |
Additional Noninterest Income | $876,000 | 2,009 |
Total noninterest expense | $4,612,000 | 2,987 |
Salaries and employee benefits | $1,906,000 | 3,434 |
Premises and equipment expense | $358,000 | 5,012 |
Additional noninterest expense | $2,348,000 | 2,260 |
Pre-tax net operating income | $5,057,000 | 1,460 |
Securities gains (losses) | $-45,000 | 10,953 |
Applicable income taxes | $1,718,000 | 1,371 |
Income before extraordinary items | $3,294,000 | 1,491 |
Extraordinary gains, net | $0 | 249 |
Net income | $3,294,000 | 1,492 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $23,000 | 6,413 |
Cash dividends | $2,100,000 | 1,060 |
Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
Net operating income | $3,323,700 | 1,503 |
1993-12-31 (YTD Data) | Rank | |
Total interest income | $12,799,000 | 2,411 |
Total interest expense | $4,765,000 | 2,698 |
Net interest income | $8,034,000 | 2,233 |
Provision for loan and lease losses | $135,000 | 4,908 |
Total noninterest income | $1,681,000 | 2,234 |
Gross Fiduciary activities income | $0 | 1,630 |
Service charges on deposit accounts | $467,000 | 2,992 |
Trading account gains and fees | $0 | 532 |
Additional Noninterest Income | $1,214,000 | 1,795 |
Total noninterest expense | $4,702,000 | 3,002 |
Salaries and employee benefits | $1,987,000 | 3,306 |
Premises and equipment expense | $350,000 | 5,236 |
Additional noninterest expense | $2,365,000 | 2,360 |
Pre-tax net operating income | $4,878,000 | 1,435 |
Securities gains (losses) | $0 | 7,477 |
Applicable income taxes | $1,637,000 | 1,456 |
Income before extraordinary items | $3,241,000 | 1,573 |
Extraordinary gains, net | $12,000 | 2,892 |
Net income | $3,253,000 | 1,614 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $71,000 | 5,302 |
Cash dividends | $3,200,000 | 676 |
Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
Net operating income | $3,241,000 | 1,480 |
1992-12-31 (YTD Data) | Rank | |
Total interest income | $13,838,000 | 2,547 |
Total interest expense | $6,012,000 | 2,767 |
Net interest income | $7,826,000 | 2,310 |
Provision for loan and lease losses | $342,000 | 3,824 |
Total noninterest income | $1,204,000 | 2,861 |
Gross Fiduciary activities income | $0 | 1,658 |
Service charges on deposit accounts | $446,000 | 3,147 |
Trading account gains and fees | $0 | 504 |
Additional Noninterest Income | $758,000 | 2,381 |
Total noninterest expense | $4,225,000 | 3,331 |
Salaries and employee benefits | $1,861,000 | 3,428 |
Premises and equipment expense | $197,000 | 7,902 |
Additional noninterest expense | $2,167,000 | 2,621 |
Pre-tax net operating income | $4,463,000 | 1,431 |
Securities gains (losses) | $21,000 | 5,524 |
Applicable income taxes | $1,577,000 | 1,392 |
Income before extraordinary items | $2,907,000 | 1,594 |
Extraordinary gains, net | $0 | 1,422 |
Net income | $2,907,000 | 1,607 |
Minority interest net income | NA | NA |
Net income of bank and minority interests. | NA | NA |
Net charge-offs | $215,000 | 4,039 |
Cash dividends | $2,600,000 | 673 |
Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
Net operating income | $2,893,350 | 1,491 |
* 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.