Home > The First National Bank of Aitkin > Income and Expense
The First National Bank of Aitkin, Income and Expense
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $3,041,000 | 7,489 |
| Total interest expense | $1,340,000 | 7,564 |
| Net interest income | $1,701,000 | 7,291 |
| Provision for loan and lease losses | $7,000 | 8,378 |
| Total noninterest income | $148,000 | 8,262 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $91,000 | 7,039 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $57,000 | 7,910 |
| Total noninterest expense | $943,000 | 8,296 |
| Salaries and employee benefits | $540,000 | 8,117 |
| Premises and equipment expense | $142,000 | 7,842 |
| Additional noninterest expense | $261,000 | 8,491 |
| Pre-tax net operating income | $899,000 | 5,735 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $374,000 | 4,598 |
| Income before extraordinary items | $525,000 | 6,454 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $525,000 | 6,453 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $22,000 | 6,193 |
| Cash dividends | $376,000 | 4,131 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $525,000 | 6,346 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $601,000 | 10,638 |
| Total interest expense | $237,000 | 10,617 |
| Net interest income | $364,000 | 10,600 |
| Provision for loan and lease losses | $15,000 | 8,110 |
| Total noninterest income | $37,000 | 10,477 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $22,000 | 9,085 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $15,000 | 10,147 |
| Total noninterest expense | $211,000 | 10,812 |
| Salaries and employee benefits | $109,000 | 10,807 |
| Premises and equipment expense | $24,000 | 10,708 |
| Additional noninterest expense | $78,000 | 10,710 |
| Pre-tax net operating income | $175,000 | 9,708 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $75,000 | 8,822 |
| Income before extraordinary items | $100,000 | 9,960 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $100,000 | 9,961 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,000 | 8,223 |
| Cash dividends | $0 | 7,871 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $100,000 | 9,920 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $2,826,000 | 8,240 |
| Total interest expense | $1,201,000 | 8,371 |
| Net interest income | $1,625,000 | 7,961 |
| Provision for loan and lease losses | $147,000 | 4,139 |
| Total noninterest income | $473,000 | 5,350 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $95,000 | 7,601 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $378,000 | 3,508 |
| Total noninterest expense | $962,000 | 8,815 |
| Salaries and employee benefits | $581,000 | 8,251 |
| Premises and equipment expense | $139,000 | 8,316 |
| Additional noninterest expense | $242,000 | 9,478 |
| Pre-tax net operating income | $989,000 | 5,774 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $383,000 | 5,029 |
| Income before extraordinary items | $606,000 | 6,235 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $606,000 | 6,238 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $465,000 | 1,516 |
| Cash dividends | $320,000 | 4,362 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $606,000 | 6,177 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $2,642,000 | 8,725 |
| Total interest expense | $1,169,000 | 8,688 |
| Net interest income | $1,473,000 | 8,610 |
| Provision for loan and lease losses | $90,000 | 4,814 |
| Total noninterest income | $415,000 | 5,851 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $91,000 | 8,002 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $324,000 | 3,823 |
| Total noninterest expense | $967,000 | 9,093 |
| Salaries and employee benefits | $585,000 | 8,455 |
| Premises and equipment expense | $135,000 | 8,656 |
| Additional noninterest expense | $247,000 | 9,853 |
| Pre-tax net operating income | $831,000 | 6,717 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $320,000 | 5,779 |
| Income before extraordinary items | $511,000 | 7,160 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $511,000 | 7,160 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-6,000 | 10,436 |
| Cash dividends | $320,000 | 4,365 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $511,000 | 7,140 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,299,000 | 9,264 |
| Total interest expense | $864,000 | 9,292 |
| Net interest income | $1,435,000 | 9,060 |
| Provision for loan and lease losses | $12,000 | 8,270 |
| Total noninterest income | $379,000 | 6,342 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $90,000 | 8,368 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $289,000 | 4,192 |
| Total noninterest expense | $965,000 | 9,493 |
| Salaries and employee benefits | $553,000 | 8,936 |
| Premises and equipment expense | $129,000 | 9,118 |
| Additional noninterest expense | $283,000 | 10,151 |
| Pre-tax net operating income | $837,000 | 6,694 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $327,000 | 5,543 |
| Income before extraordinary items | $510,000 | 7,234 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $510,000 | 7,240 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,000 | 8,704 |
| Cash dividends | $319,000 | 4,312 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $510,000 | 7,267 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,281,000 | 9,617 |
| Total interest expense | $866,000 | 9,712 |
| Net interest income | $1,415,000 | 9,372 |
| Provision for loan and lease losses | $174,000 | 4,292 |
| Total noninterest income | $629,000 | 4,804 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $83,000 | 8,912 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $546,000 | 3,074 |
| Total noninterest expense | $1,035,000 | 9,581 |
| Salaries and employee benefits | $622,000 | 8,621 |
| Premises and equipment expense | $119,000 | 9,813 |
| Additional noninterest expense | $294,000 | 10,523 |
| Pre-tax net operating income | $835,000 | 6,644 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $309,000 | 5,964 |
| Income before extraordinary items | $526,000 | 7,340 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $526,000 | 7,513 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $27,000 | 7,224 |
| Cash dividends | $319,000 | 4,245 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $526,000 | 7,087 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,442,000 | 10,015 |
| Total interest expense | $1,037,000 | 10,241 |
| Net interest income | $1,405,000 | 9,612 |
| Provision for loan and lease losses | $18,000 | 10,694 |
| Total noninterest income | $113,000 | 11,376 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $75,000 | 9,378 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $38,000 | 11,181 |
| Total noninterest expense | $982,000 | 10,059 |
| Salaries and employee benefits | $537,000 | 9,398 |
| Premises and equipment expense | $145,000 | 9,267 |
| Additional noninterest expense | $300,000 | 10,820 |
| Pre-tax net operating income | $518,000 | 8,283 |
| Securities gains (losses) | $25,000 | 5,285 |
| Applicable income taxes | $165,000 | 8,276 |
| Income before extraordinary items | $378,000 | 8,434 |
| Extraordinary gains, net | $18,000 | 1,254 |
| Net income | $396,000 | 8,387 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-7,000 | 12,654 |
| Cash dividends | $342,000 | 3,718 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $360,500 | 8,248 |
* 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.