Home > Old Kent Bank of Grand Haven > Income and Expense
Old Kent Bank of Grand Haven, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $28,790,000 | 1,107 |
| Total interest expense | $11,423,000 | 1,154 |
| Net interest income | $17,367,000 | 1,060 |
| Provision for loan and lease losses | $420,000 | 1,753 |
| Total noninterest income | $3,363,000 | 1,251 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,375,000 | 961 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,988,000 | 1,135 |
| Total noninterest expense | $10,659,000 | 1,372 |
| Salaries and employee benefits | $4,479,000 | 1,497 |
| Premises and equipment expense | $1,170,000 | 1,758 |
| Additional noninterest expense | $5,010,000 | 1,178 |
| Pre-tax net operating income | $9,651,000 | 821 |
| Securities gains (losses) | $74,000 | 928 |
| Applicable income taxes | $3,335,000 | 794 |
| Income before extraordinary items | $6,390,000 | 822 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $6,390,000 | 824 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $439,000 | 1,491 |
| Cash dividends | $2,000,000 | 1,095 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $6,341,160 | 827 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $26,116,000 | 1,220 |
| Total interest expense | $10,355,000 | 1,296 |
| Net interest income | $15,761,000 | 1,157 |
| Provision for loan and lease losses | $821,000 | 1,485 |
| Total noninterest income | $4,654,000 | 1,040 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,212,000 | 1,104 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $3,442,000 | 875 |
| Total noninterest expense | $10,803,000 | 1,426 |
| Salaries and employee benefits | $4,377,000 | 1,546 |
| Premises and equipment expense | $1,058,000 | 1,953 |
| Additional noninterest expense | $5,368,000 | 1,201 |
| Pre-tax net operating income | $8,791,000 | 841 |
| Securities gains (losses) | $10,000 | 5,473 |
| Applicable income taxes | $2,994,000 | 861 |
| Income before extraordinary items | $5,807,000 | 907 |
| Extraordinary gains, net | $85,000 | 1,727 |
| Net income | $5,892,000 | 930 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $413,000 | 2,012 |
| Cash dividends | $4,800,000 | 503 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $5,800,400 | 857 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $29,183,000 | 1,253 |
| Total interest expense | $12,896,000 | 1,370 |
| Net interest income | $16,287,000 | 1,142 |
| Provision for loan and lease losses | $1,280,000 | 1,569 |
| Total noninterest income | $3,658,000 | 1,225 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,140,000 | 1,162 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $2,518,000 | 1,076 |
| Total noninterest expense | $10,088,000 | 1,524 |
| Salaries and employee benefits | $4,181,000 | 1,587 |
| Premises and equipment expense | $1,073,000 | 1,974 |
| Additional noninterest expense | $4,834,000 | 1,366 |
| Pre-tax net operating income | $8,577,000 | 752 |
| Securities gains (losses) | $200,000 | 2,010 |
| Applicable income taxes | $2,919,000 | 804 |
| Income before extraordinary items | $5,858,000 | 813 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $5,858,000 | 815 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $581,000 | 2,215 |
| Cash dividends | $5,900,000 | 333 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $5,724,000 | 759 |
* 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.