Home > The Merchant Bank of Atlanta > Income and Expense
The Merchant Bank of Atlanta, Income and Expense
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $10,233,000 | 3,021 |
| Total interest expense | $4,450,000 | 2,875 |
| Net interest income | $5,783,000 | 3,133 |
| Provision for loan and lease losses | $222,000 | 3,681 |
| Total noninterest income | $1,048,000 | 3,231 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $609,000 | 2,262 |
| Trading account gains and fees | $0 | 532 |
| Additional Noninterest Income | $439,000 | 3,546 |
| Total noninterest expense | $5,235,000 | 2,733 |
| Salaries and employee benefits | $2,755,000 | 2,417 |
| Premises and equipment expense | $1,071,000 | 1,933 |
| Additional noninterest expense | $1,409,000 | 3,686 |
| Pre-tax net operating income | $1,374,000 | 4,658 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $468,000 | 4,428 |
| Income before extraordinary items | $906,000 | 5,063 |
| Extraordinary gains, net | $122,000 | 1,411 |
| Net income | $1,028,000 | 4,729 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $191,000 | 3,218 |
| Cash dividends | $113,000 | 6,670 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $906,000 | 4,844 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $12,062,000 | 2,905 |
| Total interest expense | $6,462,000 | 2,608 |
| Net interest income | $5,600,000 | 3,273 |
| Provision for loan and lease losses | $328,000 | 3,931 |
| Total noninterest income | $826,000 | 3,883 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $537,000 | 2,568 |
| Trading account gains and fees | $0 | 504 |
| Additional Noninterest Income | $289,000 | 4,526 |
| Total noninterest expense | $5,233,000 | 2,746 |
| Salaries and employee benefits | $2,707,000 | 2,391 |
| Premises and equipment expense | $1,134,000 | 1,861 |
| Additional noninterest expense | $1,392,000 | 3,809 |
| Pre-tax net operating income | $865,000 | 6,267 |
| Securities gains (losses) | $210,000 | 1,951 |
| Applicable income taxes | $403,000 | 4,769 |
| Income before extraordinary items | $672,000 | 6,090 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $672,000 | 6,157 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $301,000 | 3,328 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $537,600 | 6,649 |
* 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.