Home > Old Kent Bank of Hillsdale > Income and Expense
Old Kent Bank of Hillsdale, Income and Expense
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $7,932,000 | 3,762 |
| Total interest expense | $2,644,000 | 4,419 |
| Net interest income | $5,288,000 | 3,390 |
| Provision for loan and lease losses | $156,000 | 3,523 |
| Total noninterest income | $618,000 | 4,554 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $216,000 | 5,574 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $402,000 | 3,393 |
| Total noninterest expense | $2,989,000 | 4,426 |
| Salaries and employee benefits | $1,276,000 | 4,969 |
| Premises and equipment expense | $240,000 | 6,683 |
| Additional noninterest expense | $1,473,000 | 3,364 |
| Pre-tax net operating income | $2,761,000 | 2,568 |
| Securities gains (losses) | $26,000 | 1,570 |
| Applicable income taxes | $957,000 | 2,333 |
| Income before extraordinary items | $1,830,000 | 2,652 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,830,000 | 2,652 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $24,000 | 6,338 |
| Cash dividends | $1,100,000 | 1,748 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,812,840 | 2,688 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $7,608,000 | 4,005 |
| Total interest expense | $2,714,000 | 4,496 |
| Net interest income | $4,894,000 | 3,637 |
| Provision for loan and lease losses | $125,000 | 5,103 |
| Total noninterest income | $745,000 | 4,238 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $225,000 | 5,509 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $520,000 | 3,187 |
| Total noninterest expense | $3,003,000 | 4,502 |
| Salaries and employee benefits | $1,287,000 | 4,925 |
| Premises and equipment expense | $258,000 | 6,546 |
| Additional noninterest expense | $1,458,000 | 3,595 |
| Pre-tax net operating income | $2,511,000 | 2,700 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $854,000 | 2,618 |
| Income before extraordinary items | $1,657,000 | 2,950 |
| Extraordinary gains, net | $-20,000 | 12,458 |
| Net income | $1,637,000 | 3,075 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $114,000 | 4,272 |
| Cash dividends | $1,500,000 | 1,271 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,657,000 | 2,799 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $8,145,000 | 4,227 |
| Total interest expense | $3,315,000 | 4,756 |
| Net interest income | $4,830,000 | 3,768 |
| Provision for loan and lease losses | $119,000 | 6,863 |
| Total noninterest income | $588,000 | 5,037 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $217,000 | 5,683 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $371,000 | 3,882 |
| Total noninterest expense | $3,033,000 | 4,488 |
| Salaries and employee benefits | $1,297,000 | 4,833 |
| Premises and equipment expense | $240,000 | 6,971 |
| Additional noninterest expense | $1,496,000 | 3,607 |
| Pre-tax net operating income | $2,266,000 | 2,755 |
| Securities gains (losses) | $3,000 | 7,429 |
| Applicable income taxes | $760,000 | 2,736 |
| Income before extraordinary items | $1,509,000 | 3,064 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,509,000 | 3,097 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $114,000 | 5,577 |
| Cash dividends | $1,300,000 | 1,226 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $1,506,990 | 2,833 |
* 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.