Home > The Farmers and Merchants State Bank > Income and Expense
The Farmers and Merchants State Bank, Income and Expense
| 2003-03-31 (YTD Data) | Rank | |
| Total interest income | $427,000 | 8,063 |
| Total interest expense | $178,000 | 7,383 |
| Net interest income | $249,000 | 8,253 |
| Provision for loan and lease losses | $0 | 6,934 |
| Total noninterest income | $36,000 | 7,906 |
| Gross Fiduciary activities income | $0 | 1,504 |
| Service charges on deposit accounts | $32,000 | 6,144 |
| Trading account gains and fees | $0 | 134 |
| Additional Noninterest Income | $4,000 | 8,607 |
| Total noninterest expense | $230,000 | 8,094 |
| Salaries and employee benefits | $124,000 | 8,121 |
| Premises and equipment expense | $25,000 | 8,112 |
| Additional noninterest expense | $81,000 | 7,638 |
| Pre-tax net operating income | $55,000 | 7,917 |
| Securities gains (losses) | $0 | 2,891 |
| Applicable income taxes | $3,000 | 7,063 |
| Income before extraordinary items | $52,000 | 7,848 |
| Extraordinary gains, net | $0 | 21 |
| Net income | $52,000 | 7,848 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $0 | 5,539 |
| Cash dividends | $27,000 | 3,661 |
| Sale, conversion, retirement of capital stock, net | $0 | 419 |
| Net operating income | $52,000 | 7,696 |
| 2002-12-31 (YTD Data) | Rank | |
| Total interest income | $2,028,000 | 7,825 |
| Total interest expense | $812,000 | 7,476 |
| Net interest income | $1,216,000 | 7,904 |
| Provision for loan and lease losses | $10,000 | 7,810 |
| Total noninterest income | $140,000 | 7,936 |
| Gross Fiduciary activities income | $0 | 1,713 |
| Service charges on deposit accounts | $116,000 | 6,311 |
| Trading account gains and fees | $0 | 153 |
| Additional Noninterest Income | $24,000 | 8,403 |
| Total noninterest expense | $830,000 | 8,282 |
| Salaries and employee benefits | $490,000 | 8,179 |
| Premises and equipment expense | $78,000 | 8,471 |
| Additional noninterest expense | $262,000 | 8,086 |
| Pre-tax net operating income | $516,000 | 6,709 |
| Securities gains (losses) | $0 | 4,537 |
| Applicable income taxes | $30,000 | 6,839 |
| Income before extraordinary items | $486,000 | 6,472 |
| Extraordinary gains, net | $0 | 70 |
| Net income | $486,000 | 6,471 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $75,000 | 4,640 |
| Cash dividends | $246,000 | 4,645 |
| Sale, conversion, retirement of capital stock, net | $0 | 862 |
| Net operating income | $486,000 | 6,316 |
| 2001-12-31 (YTD Data) | Rank | |
| Total interest income | $2,179,000 | 8,040 |
| Total interest expense | $1,064,000 | 7,890 |
| Net interest income | $1,115,000 | 8,055 |
| Provision for loan and lease losses | $50,000 | 6,655 |
| Total noninterest income | $110,000 | 8,362 |
| Gross Fiduciary activities income | $0 | 1,731 |
| Service charges on deposit accounts | $86,000 | 6,853 |
| Trading account gains and fees | $0 | 177 |
| Additional Noninterest Income | $24,000 | 8,562 |
| Total noninterest expense | $793,000 | 8,469 |
| Salaries and employee benefits | $473,000 | 8,296 |
| Premises and equipment expense | $70,000 | 8,801 |
| Additional noninterest expense | $250,000 | 8,223 |
| Pre-tax net operating income | $382,000 | 7,063 |
| Securities gains (losses) | $-11,000 | 9,304 |
| Applicable income taxes | $26,000 | 7,163 |
| Income before extraordinary items | $345,000 | 6,857 |
| Extraordinary gains, net | $0 | 105 |
| Net income | $345,000 | 6,859 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $9,000 | 6,947 |
| Cash dividends | $294,000 | 4,441 |
| Sale, conversion, retirement of capital stock, net | $0 | 922 |
| Net operating income | $355,230 | 6,686 |
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $2,118,000 | 8,292 |
| Total interest expense | $1,049,000 | 8,130 |
| Net interest income | $1,069,000 | 8,349 |
| Provision for loan and lease losses | $0 | 8,337 |
| Total noninterest income | $114,000 | 8,392 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $80,000 | 6,987 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $34,000 | 8,376 |
| Total noninterest expense | $765,000 | 8,662 |
| Salaries and employee benefits | $433,000 | 8,585 |
| Premises and equipment expense | $73,000 | 8,931 |
| Additional noninterest expense | $259,000 | 8,269 |
| Pre-tax net operating income | $418,000 | 7,371 |
| Securities gains (losses) | $-7,000 | 8,117 |
| Applicable income taxes | $14,000 | 7,972 |
| Income before extraordinary items | $397,000 | 6,878 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $397,000 | 6,876 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $8,000 | 6,747 |
| Cash dividends | $149,000 | 5,543 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $403,790 | 6,842 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $1,900,000 | 8,613 |
| Total interest expense | $917,000 | 8,400 |
| Net interest income | $983,000 | 8,670 |
| Provision for loan and lease losses | $492,000 | 1,794 |
| Total noninterest income | $200,000 | 7,502 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $81,000 | 7,106 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $119,000 | 6,198 |
| Total noninterest expense | $689,000 | 9,060 |
| Salaries and employee benefits | $394,000 | 8,922 |
| Premises and equipment expense | $69,000 | 9,247 |
| Additional noninterest expense | $226,000 | 8,781 |
| Pre-tax net operating income | $2,000 | 9,397 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $24,000 | 8,144 |
| Income before extraordinary items | $-22,000 | 9,472 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $-22,000 | 9,469 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $468,000 | 1,279 |
| Cash dividends | $30,000 | 6,807 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $-22,000 | 9,448 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $1,798,000 | 8,923 |
| Total interest expense | $812,000 | 8,909 |
| Net interest income | $986,000 | 8,826 |
| Provision for loan and lease losses | $48,000 | 6,686 |
| Total noninterest income | $89,000 | 9,200 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $69,000 | 7,566 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $20,000 | 9,482 |
| Total noninterest expense | $687,000 | 9,138 |
| Salaries and employee benefits | $420,000 | 8,840 |
| Premises and equipment expense | $77,000 | 9,215 |
| Additional noninterest expense | $190,000 | 9,239 |
| Pre-tax net operating income | $340,000 | 8,175 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $62,000 | 8,116 |
| Income before extraordinary items | $278,000 | 8,052 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $278,000 | 8,052 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-6,000 | 9,466 |
| Cash dividends | $181,000 | 5,529 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $278,000 | 7,982 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $1,715,000 | 9,402 |
| Total interest expense | $774,000 | 9,329 |
| Net interest income | $941,000 | 9,324 |
| Provision for loan and lease losses | $0 | 8,829 |
| Total noninterest income | $102,000 | 9,375 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $78,000 | 7,689 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $24,000 | 9,645 |
| Total noninterest expense | $663,000 | 9,513 |
| Salaries and employee benefits | $394,000 | 9,298 |
| Premises and equipment expense | $74,000 | 9,594 |
| Additional noninterest expense | $195,000 | 9,467 |
| Pre-tax net operating income | $380,000 | 8,552 |
| Securities gains (losses) | $-1,000 | 9,009 |
| Applicable income taxes | $105,000 | 8,323 |
| Income before extraordinary items | $274,000 | 8,571 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $274,000 | 8,573 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-38,000 | 10,438 |
| Cash dividends | $135,000 | 6,074 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $274,720 | 8,519 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $1,639,000 | 9,916 |
| Total interest expense | $767,000 | 9,749 |
| Net interest income | $872,000 | 9,904 |
| Provision for loan and lease losses | $27,000 | 7,576 |
| Total noninterest income | $103,000 | 9,841 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $82,000 | 7,938 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $21,000 | 10,346 |
| Total noninterest expense | $629,000 | 10,072 |
| Salaries and employee benefits | $397,000 | 9,624 |
| Premises and equipment expense | $65,000 | 10,223 |
| Additional noninterest expense | $167,000 | 10,341 |
| Pre-tax net operating income | $319,000 | 8,996 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $116,000 | 8,455 |
| Income before extraordinary items | $203,000 | 9,267 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $203,000 | 9,270 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-14,000 | 10,529 |
| Cash dividends | $137,000 | 6,212 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $203,000 | 9,209 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $1,523,000 | 10,483 |
| Total interest expense | $704,000 | 10,299 |
| Net interest income | $819,000 | 10,477 |
| Provision for loan and lease losses | $5,000 | 8,671 |
| Total noninterest income | $89,000 | 10,523 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $69,000 | 8,644 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $20,000 | 10,891 |
| Total noninterest expense | $620,000 | 10,493 |
| Salaries and employee benefits | $368,000 | 10,188 |
| Premises and equipment expense | $65,000 | 10,624 |
| Additional noninterest expense | $187,000 | 10,592 |
| Pre-tax net operating income | $283,000 | 9,879 |
| Securities gains (losses) | $101,000 | 961 |
| Applicable income taxes | $126,000 | 8,697 |
| Income before extraordinary items | $258,000 | 9,344 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $258,000 | 9,348 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-16,000 | 10,916 |
| Cash dividends | $153,000 | 6,013 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $190,330 | 10,010 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $1,390,000 | 10,957 |
| Total interest expense | $583,000 | 10,678 |
| Net interest income | $807,000 | 11,030 |
| Provision for loan and lease losses | $17,000 | 7,997 |
| Total noninterest income | $75,000 | 11,378 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $63,000 | 9,250 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $12,000 | 11,965 |
| Total noninterest expense | $619,000 | 11,035 |
| Salaries and employee benefits | $334,000 | 10,901 |
| Premises and equipment expense | $54,000 | 11,490 |
| Additional noninterest expense | $231,000 | 10,761 |
| Pre-tax net operating income | $246,000 | 10,528 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $53,000 | 10,390 |
| Income before extraordinary items | $193,000 | 10,354 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $193,000 | 10,359 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-8,000 | 10,674 |
| Cash dividends | $55,000 | 7,820 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $193,000 | 10,400 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,346,000 | 11,579 |
| Total interest expense | $582,000 | 11,245 |
| Net interest income | $764,000 | 11,642 |
| Provision for loan and lease losses | $0 | 10,371 |
| Total noninterest income | $68,000 | 12,120 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $59,000 | 9,720 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $9,000 | 12,819 |
| Total noninterest expense | $635,000 | 11,462 |
| Salaries and employee benefits | $324,000 | 11,410 |
| Premises and equipment expense | $74,000 | 11,370 |
| Additional noninterest expense | $237,000 | 11,233 |
| Pre-tax net operating income | $197,000 | 11,071 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $38,000 | 11,202 |
| Income before extraordinary items | $159,000 | 11,091 |
| Extraordinary gains, net | $-115,000 | 12,949 |
| Net income | $44,000 | 12,307 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,000 | 8,917 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $159,000 | 10,889 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,475,000 | 12,026 |
| Total interest expense | $691,000 | 11,861 |
| Net interest income | $784,000 | 11,983 |
| Provision for loan and lease losses | $0 | 11,756 |
| Total noninterest income | $64,000 | 12,732 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $48,000 | 10,402 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $16,000 | 12,899 |
| Total noninterest expense | $583,000 | 12,163 |
| Salaries and employee benefits | $316,000 | 11,834 |
| Premises and equipment expense | $65,000 | 12,061 |
| Additional noninterest expense | $202,000 | 12,211 |
| Pre-tax net operating income | $265,000 | 10,470 |
| Securities gains (losses) | $-10,000 | 13,291 |
| Applicable income taxes | $25,000 | 11,957 |
| Income before extraordinary items | $230,000 | 10,184 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $230,000 | 10,324 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-6,000 | 12,606 |
| Cash dividends | $99,000 | 6,698 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $239,000 | 9,699 |
* 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.