Home > The Empire National Bank of Traverse City > Income and Expense
The Empire National Bank of Traverse City, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $38,007,000 | 892 |
| Total interest expense | $16,441,000 | 947 |
| Net interest income | $21,566,000 | 819 |
| Provision for loan and lease losses | $701,000 | 1,314 |
| Total noninterest income | $8,482,000 | 678 |
| Gross Fiduciary activities income | $3,179,000 | 255 |
| Service charges on deposit accounts | $1,651,000 | 804 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $3,652,000 | 786 |
| Total noninterest expense | $18,139,000 | 814 |
| Salaries and employee benefits | $10,862,000 | 659 |
| Premises and equipment expense | $2,148,000 | 936 |
| Additional noninterest expense | $5,129,000 | 940 |
| Pre-tax net operating income | $11,208,000 | 747 |
| Securities gains (losses) | $-138,000 | 10,002 |
| Applicable income taxes | $3,658,000 | 751 |
| Income before extraordinary items | $7,412,000 | 782 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $7,412,000 | 782 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $126,000 | 3,143 |
| Cash dividends | $3,450,000 | 870 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $7,504,460 | 757 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $36,545,000 | 907 |
| Total interest expense | $16,435,000 | 968 |
| Net interest income | $20,110,000 | 854 |
| Provision for loan and lease losses | $1,215,000 | 819 |
| Total noninterest income | $8,626,000 | 659 |
| Gross Fiduciary activities income | $2,907,000 | 257 |
| Service charges on deposit accounts | $1,476,000 | 835 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $4,243,000 | 725 |
| Total noninterest expense | $18,388,000 | 795 |
| Salaries and employee benefits | $11,609,000 | 611 |
| Premises and equipment expense | $1,977,000 | 980 |
| Additional noninterest expense | $4,802,000 | 971 |
| Pre-tax net operating income | $9,133,000 | 856 |
| Securities gains (losses) | $143,000 | 1,073 |
| Applicable income taxes | $3,082,000 | 850 |
| Income before extraordinary items | $6,194,000 | 881 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $6,194,000 | 880 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $515,000 | 1,226 |
| Cash dividends | $2,905,000 | 1,011 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $6,098,190 | 857 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $33,402,000 | 1,027 |
| Total interest expense | $15,189,000 | 1,080 |
| Net interest income | $18,213,000 | 983 |
| Provision for loan and lease losses | $1,459,000 | 743 |
| Total noninterest income | $6,824,000 | 747 |
| Gross Fiduciary activities income | $2,658,000 | 283 |
| Service charges on deposit accounts | $1,428,000 | 889 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $2,738,000 | 890 |
| Total noninterest expense | $15,639,000 | 901 |
| Salaries and employee benefits | $9,980,000 | 686 |
| Premises and equipment expense | $1,954,000 | 1,011 |
| Additional noninterest expense | $3,705,000 | 1,191 |
| Pre-tax net operating income | $7,939,000 | 1,032 |
| Securities gains (losses) | $-5,000 | 9,661 |
| Applicable income taxes | $2,629,000 | 1,048 |
| Income before extraordinary items | $5,305,000 | 1,037 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $5,305,000 | 1,038 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $859,000 | 883 |
| Cash dividends | $2,525,000 | 1,079 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $5,308,350 | 1,011 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $30,591,000 | 1,131 |
| Total interest expense | $14,066,000 | 1,170 |
| Net interest income | $16,525,000 | 1,100 |
| Provision for loan and lease losses | $1,686,000 | 708 |
| Total noninterest income | $5,860,000 | 854 |
| Gross Fiduciary activities income | $2,109,000 | 351 |
| Service charges on deposit accounts | $1,276,000 | 1,032 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $2,475,000 | 1,007 |
| Total noninterest expense | $13,720,000 | 1,084 |
| Salaries and employee benefits | $8,450,000 | 814 |
| Premises and equipment expense | $1,848,000 | 1,131 |
| Additional noninterest expense | $3,422,000 | 1,549 |
| Pre-tax net operating income | $6,979,000 | 1,075 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $2,307,000 | 1,079 |
| Income before extraordinary items | $4,672,000 | 1,106 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $4,672,000 | 1,107 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,361,000 | 738 |
| Cash dividends | $2,100,000 | 1,230 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $4,672,000 | 1,090 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $28,592,000 | 1,205 |
| Total interest expense | $13,231,000 | 1,251 |
| Net interest income | $15,361,000 | 1,179 |
| Provision for loan and lease losses | $745,000 | 1,174 |
| Total noninterest income | $5,032,000 | 959 |
| Gross Fiduciary activities income | $1,827,000 | 393 |
| Service charges on deposit accounts | $1,302,000 | 1,025 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $1,903,000 | 1,164 |
| Total noninterest expense | $13,365,000 | 1,116 |
| Salaries and employee benefits | $7,866,000 | 877 |
| Premises and equipment expense | $1,866,000 | 1,135 |
| Additional noninterest expense | $3,633,000 | 1,444 |
| Pre-tax net operating income | $6,283,000 | 1,218 |
| Securities gains (losses) | $-5,000 | 9,676 |
| Applicable income taxes | $2,049,000 | 1,249 |
| Income before extraordinary items | $4,229,000 | 1,255 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $4,229,000 | 1,253 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $445,000 | 1,486 |
| Cash dividends | $1,700,000 | 1,365 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $4,232,350 | 1,229 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $23,621,000 | 1,325 |
| Total interest expense | $9,839,000 | 1,331 |
| Net interest income | $13,782,000 | 1,315 |
| Provision for loan and lease losses | $796,000 | 1,102 |
| Total noninterest income | $4,836,000 | 948 |
| Gross Fiduciary activities income | $1,567,000 | 425 |
| Service charges on deposit accounts | $1,324,000 | 1,001 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $1,945,000 | 1,150 |
| Total noninterest expense | $12,069,000 | 1,229 |
| Salaries and employee benefits | $6,787,000 | 1,001 |
| Premises and equipment expense | $1,750,000 | 1,202 |
| Additional noninterest expense | $3,532,000 | 1,579 |
| Pre-tax net operating income | $5,753,000 | 1,295 |
| Securities gains (losses) | $11,000 | 2,158 |
| Applicable income taxes | $1,898,000 | 1,257 |
| Income before extraordinary items | $3,866,000 | 1,301 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $3,866,000 | 1,302 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $526,000 | 1,333 |
| Cash dividends | $1,564,000 | 1,356 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $3,858,630 | 1,317 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $21,769,000 | 1,447 |
| Total interest expense | $8,842,000 | 1,511 |
| Net interest income | $12,927,000 | 1,404 |
| Provision for loan and lease losses | $447,000 | 2,284 |
| Total noninterest income | $5,066,000 | 971 |
| Gross Fiduciary activities income | $1,386,000 | 467 |
| Service charges on deposit accounts | $1,258,000 | 1,062 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $2,422,000 | 1,115 |
| Total noninterest expense | $12,393,000 | 1,246 |
| Salaries and employee benefits | $6,908,000 | 983 |
| Premises and equipment expense | $1,697,000 | 1,263 |
| Additional noninterest expense | $3,788,000 | 1,596 |
| Pre-tax net operating income | $5,153,000 | 1,359 |
| Securities gains (losses) | $1,000 | 7,052 |
| Applicable income taxes | $1,650,000 | 1,442 |
| Income before extraordinary items | $3,504,000 | 1,448 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $3,504,000 | 1,492 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $267,000 | 2,641 |
| Cash dividends | $1,432,000 | 1,329 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $3,503,320 | 1,363 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $22,822,000 | 1,580 |
| Total interest expense | $10,243,000 | 1,684 |
| Net interest income | $12,579,000 | 1,470 |
| Provision for loan and lease losses | $727,000 | 2,300 |
| Total noninterest income | $4,267,000 | 1,098 |
| Gross Fiduciary activities income | $1,115,000 | 524 |
| Service charges on deposit accounts | $1,169,000 | 1,129 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $1,983,000 | 1,252 |
| Total noninterest expense | $11,445,000 | 1,369 |
| Salaries and employee benefits | $6,268,000 | 1,073 |
| Premises and equipment expense | $1,740,000 | 1,262 |
| Additional noninterest expense | $3,437,000 | 1,782 |
| Pre-tax net operating income | $4,674,000 | 1,366 |
| Securities gains (losses) | $-32,000 | 13,593 |
| Applicable income taxes | $1,429,000 | 1,505 |
| Income before extraordinary items | $3,213,000 | 1,448 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $3,213,000 | 1,458 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $587,000 | 2,199 |
| Cash dividends | $1,183,000 | 1,353 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $3,235,080 | 1,326 |
* 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.