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Old Kent Bank-Southeast, Income and Expense

1994-12-31 (YTD Data)Rank
Total interest income$18,151,0001,696
Total interest expense$6,467,0001,930
Net interest income$11,684,0001,543
Provision for loan and lease losses$490,0001,569
Total noninterest income$2,171,0001,735
Gross Fiduciary activities income$01,599
Service charges on deposit accounts$1,113,0001,192
Trading account gains and fees$0475
Additional Noninterest Income$1,058,0001,774
Total noninterest expense$6,738,0002,105
Salaries and employee benefits$2,531,0002,633
Premises and equipment expense$747,0002,682
Additional noninterest expense$3,460,0001,605
Pre-tax net operating income$6,627,0001,146
Securities gains (losses)$142,000623
Applicable income taxes$1,803,0001,320
Income before extraordinary items$4,966,0001,023
Extraordinary gains, net$0249
Net income$4,966,0001,019
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$91,0003,905
Cash dividends$3,800,000683
Sale, conversion, retirement of capital stock, net$01,160
Net operating income$4,862,3401,054
1993-12-31 (YTD Data)Rank
Total interest income$18,448,0001,693
Total interest expense$7,334,0001,785
Net interest income$11,114,0001,619
Provision for loan and lease losses$010,371
Total noninterest income$3,020,0001,458
Gross Fiduciary activities income$01,630
Service charges on deposit accounts$1,183,0001,135
Trading account gains and fees$0532
Additional Noninterest Income$1,837,0001,336
Total noninterest expense$6,572,0002,214
Salaries and employee benefits$2,704,0002,463
Premises and equipment expense$644,0003,110
Additional noninterest expense$3,224,0001,806
Pre-tax net operating income$7,562,000951
Securities gains (losses)$07,477
Applicable income taxes$2,023,0001,203
Income before extraordinary items$5,539,000937
Extraordinary gains, net$143,0001,275
Net income$5,682,000957
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-13,00011,891
Cash dividends$5,500,000441
Sale, conversion, retirement of capital stock, net$01,223
Net operating income$5,539,000886
1992-12-31 (YTD Data)Rank
Total interest income$20,801,0001,709
Total interest expense$9,221,0001,835
Net interest income$11,580,0001,603
Provision for loan and lease losses$011,756
Total noninterest income$2,737,0001,547
Gross Fiduciary activities income$01,658
Service charges on deposit accounts$1,019,0001,305
Trading account gains and fees$0504
Additional Noninterest Income$1,718,0001,382
Total noninterest expense$6,483,0002,259
Salaries and employee benefits$2,762,0002,345
Premises and equipment expense$673,0003,022
Additional noninterest expense$3,048,0001,975
Pre-tax net operating income$7,834,000822
Securities gains (losses)$148,0002,429
Applicable income taxes$2,082,0001,077
Income before extraordinary items$5,900,000807
Extraordinary gains, net$01,422
Net income$5,900,000808
Minority interest net incomeNANA
Net income of bank and minority interests.NANA
Net charge-offs$-19,00013,072
Cash dividends$6,400,000306
Sale, conversion, retirement of capital stock, net$01,165
Net operating income$5,790,480747

* 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.