Home > The First National Bank of Garrett > Income and Expense
The First National Bank of Garrett, Income and Expense
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $3,477,000 | 7,590 |
| Total interest expense | $1,764,000 | 6,981 |
| Net interest income | $1,713,000 | 7,984 |
| Provision for loan and lease losses | $103,000 | 4,535 |
| Total noninterest income | $109,000 | 10,090 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $70,000 | 8,614 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $39,000 | 9,762 |
| Total noninterest expense | $1,133,000 | 8,449 |
| Salaries and employee benefits | $600,000 | 8,355 |
| Premises and equipment expense | $118,000 | 9,102 |
| Additional noninterest expense | $415,000 | 8,043 |
| Pre-tax net operating income | $586,000 | 7,949 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $144,000 | 8,373 |
| Income before extraordinary items | $442,000 | 7,707 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $442,000 | 7,708 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $56,000 | 4,931 |
| Cash dividends | $233,000 | 5,149 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $442,000 | 7,679 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $3,114,000 | 7,866 |
| Total interest expense | $1,423,000 | 7,128 |
| Net interest income | $1,691,000 | 8,331 |
| Provision for loan and lease losses | $60,000 | 5,594 |
| Total noninterest income | $109,000 | 10,543 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $66,000 | 9,141 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $43,000 | 9,980 |
| Total noninterest expense | $1,130,000 | 8,873 |
| Salaries and employee benefits | $592,000 | 8,658 |
| Premises and equipment expense | $122,000 | 9,334 |
| Additional noninterest expense | $416,000 | 8,662 |
| Pre-tax net operating income | $610,000 | 7,945 |
| Securities gains (losses) | $0 | 3,600 |
| Applicable income taxes | $138,000 | 8,551 |
| Income before extraordinary items | $472,000 | 7,523 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $472,000 | 7,529 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $25,000 | 6,267 |
| Cash dividends | $215,000 | 5,286 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $472,000 | 7,564 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $2,888,000 | 8,516 |
| Total interest expense | $1,243,000 | 8,100 |
| Net interest income | $1,645,000 | 8,659 |
| Provision for loan and lease losses | $43,000 | 7,841 |
| Total noninterest income | $85,000 | 11,694 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $49,000 | 10,111 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $36,000 | 10,920 |
| Total noninterest expense | $1,044,000 | 9,545 |
| Salaries and employee benefits | $541,000 | 9,297 |
| Premises and equipment expense | $91,000 | 10,750 |
| Additional noninterest expense | $412,000 | 9,132 |
| Pre-tax net operating income | $643,000 | 7,665 |
| Securities gains (losses) | $2,000 | 6,773 |
| Applicable income taxes | $156,000 | 8,496 |
| Income before extraordinary items | $489,000 | 7,644 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $489,000 | 7,833 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $17,000 | 7,969 |
| Cash dividends | $326,000 | 4,155 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $487,480 | 7,405 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $2,948,000 | 9,082 |
| Total interest expense | $1,427,000 | 8,745 |
| Net interest income | $1,521,000 | 9,210 |
| Provision for loan and lease losses | $99,000 | 7,328 |
| Total noninterest income | $74,000 | 12,451 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $42,000 | 10,631 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $32,000 | 11,632 |
| Total noninterest expense | $891,000 | 10,545 |
| Salaries and employee benefits | $461,000 | 10,184 |
| Premises and equipment expense | $62,000 | 12,181 |
| Additional noninterest expense | $368,000 | 9,975 |
| Pre-tax net operating income | $605,000 | 7,677 |
| Securities gains (losses) | $13,000 | 6,142 |
| Applicable income taxes | $167,000 | 8,227 |
| Income before extraordinary items | $451,000 | 7,726 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $451,000 | 7,844 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $21,000 | 9,043 |
| Cash dividends | $242,000 | 4,571 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $441,510 | 7,470 |
* 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.