Home > The Farmers and Merchants National Bank of Oakland > Income and Expense

The Farmers and Merchants National Bank of Oakland, Income and Expense

1998-12-31 (YTD Data)		Rank
Total interest income	$1,688,000	9,068
Total interest expense	$724,000	9,143
Net interest income	$964,000	8,879
Provision for loan and lease losses	$0	8,652
Total noninterest income	$83,000	9,296
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$65,000	7,657
Trading account gains and fees	NA	NA
Additional Noninterest Income	$18,000	9,566
Total noninterest expense	$709,000	9,079
Salaries and employee benefits	$412,000	8,897
Premises and equipment expense	$99,000	8,732
Additional noninterest expense	$198,000	9,143
Pre-tax net operating income	$338,000	8,184
Securities gains (losses)	$0	4,449
Applicable income taxes	$107,000	7,422
Income before extraordinary items	$231,000	8,385
Extraordinary gains, net	$0	32
Net income	$231,000	8,384
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-4,000	9,354
Cash dividends	$170,000	5,622
Sale, conversion, retirement of capital stock, net	$0	1,027
Net operating income	$231,000	8,313
1997-12-31 (YTD Data)		Rank
Total interest income	$1,646,000	9,499
Total interest expense	$731,000	9,462
Net interest income	$915,000	9,387
Provision for loan and lease losses	$-25,000	10,653
Total noninterest income	$86,000	9,650
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$68,000	7,935
Trading account gains and fees	NA	NA
Additional Noninterest Income	$18,000	9,956
Total noninterest expense	$660,000	9,522
Salaries and employee benefits	$393,000	9,302
Premises and equipment expense	$69,000	9,733
Additional noninterest expense	$198,000	9,434
Pre-tax net operating income	$366,000	8,636
Securities gains (losses)	$-2,000	9,246
Applicable income taxes	$115,000	8,169
Income before extraordinary items	$249,000	8,763
Extraordinary gains, net	$0	44
Net income	$249,000	8,766
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$18,000	6,735
Cash dividends	$241,000	5,015
Sale, conversion, retirement of capital stock, net	$0	1,030
Net operating income	$250,360	8,716
1996-12-31 (YTD Data)		Rank
Total interest income	$1,617,000	9,948
Total interest expense	$744,000	9,834
Net interest income	$873,000	9,901
Provision for loan and lease losses	$-23,000	11,138
Total noninterest income	$86,000	10,166
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$71,000	8,245
Trading account gains and fees	NA	NA
Additional Noninterest Income	$15,000	10,709
Total noninterest expense	$666,000	9,927
Salaries and employee benefits	$393,000	9,647
Premises and equipment expense	$63,000	10,274
Additional noninterest expense	$210,000	9,825
Pre-tax net operating income	$316,000	9,022
Securities gains (losses)	$0	4,148
Applicable income taxes	$93,000	8,863
Income before extraordinary items	$223,000	9,083
Extraordinary gains, net	$0	53
Net income	$223,000	9,086
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-1,000	9,767
Cash dividends	$220,000	5,231
Sale, conversion, retirement of capital stock, net	$0	953
Net operating income	$223,000	9,020
1995-12-31 (YTD Data)		Rank
Total interest income	$1,548,000	10,447
Total interest expense	$670,000	10,417
Net interest income	$878,000	10,315
Provision for loan and lease losses	$-50,000	11,576
Total noninterest income	$89,000	10,523
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$62,000	8,863
Trading account gains and fees	NA	NA
Additional Noninterest Income	$27,000	10,452
Total noninterest expense	$757,000	9,962
Salaries and employee benefits	$414,000	9,838
Premises and equipment expense	$87,000	10,006
Additional noninterest expense	$256,000	9,768
Pre-tax net operating income	$260,000	10,042
Securities gains (losses)	$-10,000	10,097
Applicable income taxes	$80,000	9,585
Income before extraordinary items	$170,000	10,266
Extraordinary gains, net	$0	65
Net income	$170,000	10,268
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$8,000	7,680
Cash dividends	$150,000	6,032
Sale, conversion, retirement of capital stock, net	$0	809
Net operating income	$176,800	10,170
1994-12-31 (YTD Data)		Rank
Total interest income	$1,551,000	10,635
Total interest expense	$564,000	10,780
Net interest income	$987,000	10,435
Provision for loan and lease losses	$211,000	2,919
Total noninterest income	$104,000	10,637
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$87,000	8,467
Trading account gains and fees	NA	NA
Additional Noninterest Income	$17,000	11,641
Total noninterest expense	$708,000	10,664
Salaries and employee benefits	$339,000	10,857
Premises and equipment expense	$89,000	10,376
Additional noninterest expense	$280,000	10,193
Pre-tax net operating income	$172,000	11,107
Securities gains (losses)	$0	3,600
Applicable income taxes	$51,000	10,446
Income before extraordinary items	$121,000	11,144
Extraordinary gains, net	$0	249
Net income	$121,000	11,150
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$61,000	4,717
Cash dividends	$90,000	7,108
Sale, conversion, retirement of capital stock, net	$0	1,160
Net operating income	$121,000	11,190
1993-12-31 (YTD Data)		Rank
Total interest income	$1,641,000	10,924
Total interest expense	$569,000	11,321
Net interest income	$1,072,000	10,520
Provision for loan and lease losses	$44,000	7,799
Total noninterest income	$101,000	11,302
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$80,000	9,003
Trading account gains and fees	NA	NA
Additional Noninterest Income	$21,000	11,957
Total noninterest expense	$672,000	11,297
Salaries and employee benefits	$334,000	11,318
Premises and equipment expense	$87,000	10,896
Additional noninterest expense	$251,000	11,069
Pre-tax net operating income	$457,000	8,967
Securities gains (losses)	$37,000	3,837
Applicable income taxes	$161,000	8,402
Income before extraordinary items	$333,000	9,102
Extraordinary gains, net	$0	3,149
Net income	$333,000	9,263
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$24,000	7,435
Cash dividends	$315,000	4,258
Sale, conversion, retirement of capital stock, net	$0	1,223
Net operating income	$308,210	9,124
1992-12-31 (YTD Data)		Rank
Total interest income	$1,829,000	11,239
Total interest expense	$802,000	11,319
Net interest income	$1,027,000	11,000
Provision for loan and lease losses	$7,000	11,393
Total noninterest income	$75,000	12,416
Gross Fiduciary activities income	NA	NA
Service charges on deposit accounts	$55,000	10,113
Trading account gains and fees	NA	NA
Additional Noninterest Income	$20,000	12,557
Total noninterest expense	$641,000	11,815
Salaries and employee benefits	$296,000	12,056
Premises and equipment expense	$68,000	11,957
Additional noninterest expense	$277,000	11,175
Pre-tax net operating income	$454,000	8,770
Securities gains (losses)	$31,000	4,927
Applicable income taxes	$163,000	8,321
Income before extraordinary items	$322,000	9,022
Extraordinary gains, net	$0	1,422
Net income	$322,000	9,169
Minority interest net income	NA	NA
Net income of bank and minority interests.	NA	NA
Net charge-offs	$-3,000	12,396
Cash dividends	$345,000	3,701
Sale, conversion, retirement of capital stock, net	$0	1,165
Net operating income	$301,540	8,928

* 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.