Home > The Merchants Bank of New York > Income and Expense
The Merchants Bank of New York, Income and Expense
| 2000-12-31 (YTD Data) | Rank | |
| Total interest income | $107,353,000 | 395 |
| Total interest expense | $49,891,000 | 426 |
| Net interest income | $57,462,000 | 371 |
| Provision for loan and lease losses | $4,625,000 | 338 |
| Total noninterest income | $7,541,000 | 701 |
| Gross Fiduciary activities income | $0 | 1,332 |
| Service charges on deposit accounts | $1,694,000 | 801 |
| Trading account gains and fees | $0 | 180 |
| Additional Noninterest Income | $5,847,000 | 577 |
| Total noninterest expense | $28,083,000 | 568 |
| Salaries and employee benefits | $17,532,000 | 429 |
| Premises and equipment expense | $2,943,000 | 709 |
| Additional noninterest expense | $7,608,000 | 700 |
| Pre-tax net operating income | $32,295,000 | 318 |
| Securities gains (losses) | $0 | 1,956 |
| Applicable income taxes | $11,442,000 | 311 |
| Income before extraordinary items | $20,853,000 | 324 |
| Extraordinary gains, net | $0 | 38 |
| Net income | $20,853,000 | 324 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $5,473,000 | 262 |
| Cash dividends | $18,893,000 | 250 |
| Sale, conversion, retirement of capital stock, net | $0 | 969 |
| Net operating income | $20,853,000 | 322 |
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $90,285,000 | 433 |
| Total interest expense | $39,616,000 | 450 |
| Net interest income | $50,669,000 | 417 |
| Provision for loan and lease losses | $1,915,000 | 587 |
| Total noninterest income | $6,458,000 | 791 |
| Gross Fiduciary activities income | $0 | 1,380 |
| Service charges on deposit accounts | $1,397,000 | 944 |
| Trading account gains and fees | $0 | 173 |
| Additional Noninterest Income | $5,061,000 | 646 |
| Total noninterest expense | $26,773,000 | 599 |
| Salaries and employee benefits | $16,018,000 | 480 |
| Premises and equipment expense | $2,912,000 | 711 |
| Additional noninterest expense | $7,843,000 | 713 |
| Pre-tax net operating income | $28,439,000 | 377 |
| Securities gains (losses) | $93,000 | 753 |
| Applicable income taxes | $9,515,000 | 378 |
| Income before extraordinary items | $19,017,000 | 379 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $19,017,000 | 379 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $772,000 | 864 |
| Cash dividends | $15,925,000 | 295 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $18,954,690 | 372 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $86,268,000 | 453 |
| Total interest expense | $40,873,000 | 456 |
| Net interest income | $45,395,000 | 435 |
| Provision for loan and lease losses | $1,425,000 | 734 |
| Total noninterest income | $5,386,000 | 884 |
| Gross Fiduciary activities income | $0 | 1,398 |
| Service charges on deposit accounts | $1,278,000 | 966 |
| Trading account gains and fees | $0 | 224 |
| Additional Noninterest Income | $4,108,000 | 739 |
| Total noninterest expense | $25,383,000 | 612 |
| Salaries and employee benefits | $14,483,000 | 504 |
| Premises and equipment expense | $2,805,000 | 720 |
| Additional noninterest expense | $8,095,000 | 682 |
| Pre-tax net operating income | $23,973,000 | 380 |
| Securities gains (losses) | $61,000 | 1,591 |
| Applicable income taxes | $8,132,000 | 398 |
| Income before extraordinary items | $15,902,000 | 400 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $15,902,000 | 400 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-373,000 | 10,404 |
| Cash dividends | $8,985,000 | 421 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,027 |
| Net operating income | $15,861,740 | 379 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $82,820,000 | 465 |
| Total interest expense | $40,253,000 | 474 |
| Net interest income | $42,567,000 | 463 |
| Provision for loan and lease losses | $1,700,000 | 672 |
| Total noninterest income | $5,161,000 | 905 |
| Gross Fiduciary activities income | $0 | 1,450 |
| Service charges on deposit accounts | $1,310,000 | 967 |
| Trading account gains and fees | $0 | 239 |
| Additional Noninterest Income | $3,851,000 | 727 |
| Total noninterest expense | $24,333,000 | 619 |
| Salaries and employee benefits | $13,806,000 | 499 |
| Premises and equipment expense | $2,777,000 | 733 |
| Additional noninterest expense | $7,750,000 | 707 |
| Pre-tax net operating income | $21,695,000 | 430 |
| Securities gains (losses) | $22,000 | 1,824 |
| Applicable income taxes | $7,155,000 | 475 |
| Income before extraordinary items | $14,562,000 | 442 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $14,562,000 | 443 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,150,000 | 731 |
| Cash dividends | $13,218,000 | 305 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $14,547,260 | 421 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $73,095,000 | 547 |
| Total interest expense | $33,455,000 | 560 |
| Net interest income | $39,640,000 | 517 |
| Provision for loan and lease losses | $2,580,000 | 510 |
| Total noninterest income | $4,915,000 | 961 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $1,350,000 | 984 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $3,565,000 | 796 |
| Total noninterest expense | $22,265,000 | 725 |
| Salaries and employee benefits | $13,153,000 | 541 |
| Premises and equipment expense | $2,695,000 | 806 |
| Additional noninterest expense | $6,417,000 | 944 |
| Pre-tax net operating income | $19,710,000 | 463 |
| Securities gains (losses) | $372,000 | 496 |
| Applicable income taxes | $7,411,000 | 442 |
| Income before extraordinary items | $12,671,000 | 476 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $12,671,000 | 477 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $3,447,000 | 414 |
| Cash dividends | $6,474,000 | 566 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $12,432,920 | 475 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $69,569,000 | 600 |
| Total interest expense | $31,907,000 | 621 |
| Net interest income | $37,662,000 | 558 |
| Provision for loan and lease losses | $2,080,000 | 561 |
| Total noninterest income | $5,025,000 | 960 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $1,341,000 | 999 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $3,684,000 | 789 |
| Total noninterest expense | $22,731,000 | 715 |
| Salaries and employee benefits | $12,915,000 | 553 |
| Premises and equipment expense | $2,434,000 | 898 |
| Additional noninterest expense | $7,382,000 | 840 |
| Pre-tax net operating income | $17,876,000 | 523 |
| Securities gains (losses) | $128,000 | 848 |
| Applicable income taxes | $6,539,000 | 512 |
| Income before extraordinary items | $11,465,000 | 533 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $11,465,000 | 533 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $1,783,000 | 615 |
| Cash dividends | $5,470,000 | 594 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $11,383,080 | 535 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $61,345,000 | 589 |
| Total interest expense | $25,107,000 | 598 |
| Net interest income | $36,238,000 | 565 |
| Provision for loan and lease losses | $1,850,000 | 610 |
| Total noninterest income | $5,164,000 | 908 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $1,427,000 | 916 |
| Trading account gains and fees | $218,000 | 185 |
| Additional Noninterest Income | $3,519,000 | 792 |
| Total noninterest expense | $22,005,000 | 744 |
| Salaries and employee benefits | $12,383,000 | 587 |
| Premises and equipment expense | $1,998,000 | 1,064 |
| Additional noninterest expense | $7,624,000 | 852 |
| Pre-tax net operating income | $17,547,000 | 498 |
| Securities gains (losses) | $-1,847,000 | 12,472 |
| Applicable income taxes | $4,991,000 | 569 |
| Income before extraordinary items | $10,709,000 | 526 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $10,709,000 | 525 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $2,622,000 | 454 |
| Cash dividends | $4,471,000 | 611 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $11,964,960 | 493 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $60,300,000 | 594 |
| Total interest expense | $25,020,000 | 598 |
| Net interest income | $35,280,000 | 574 |
| Provision for loan and lease losses | $9,785,000 | 279 |
| Total noninterest income | $5,570,000 | 908 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $1,585,000 | 822 |
| Trading account gains and fees | $261,000 | 209 |
| Additional Noninterest Income | $3,724,000 | 835 |
| Total noninterest expense | $20,860,000 | 810 |
| Salaries and employee benefits | $11,601,000 | 635 |
| Premises and equipment expense | $2,068,000 | 1,051 |
| Additional noninterest expense | $7,191,000 | 964 |
| Pre-tax net operating income | $10,205,000 | 714 |
| Securities gains (losses) | $2,842,000 | 247 |
| Applicable income taxes | $5,163,000 | 520 |
| Income before extraordinary items | $7,884,000 | 668 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $7,884,000 | 690 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,184,000 | 322 |
| Cash dividends | $3,971,000 | 589 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $6,065,120 | 814 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $49,199,000 | 794 |
| Total interest expense | $18,155,000 | 998 |
| Net interest income | $31,044,000 | 658 |
| Provision for loan and lease losses | $8,394,000 | 421 |
| Total noninterest income | $5,179,000 | 951 |
| Gross Fiduciary activities income | $0 | 1,658 |
| Service charges on deposit accounts | $1,601,000 | 815 |
| Trading account gains and fees | $239,000 | 219 |
| Additional Noninterest Income | $3,339,000 | 883 |
| Total noninterest expense | $18,720,000 | 898 |
| Salaries and employee benefits | $10,602,000 | 670 |
| Premises and equipment expense | $1,895,000 | 1,167 |
| Additional noninterest expense | $6,223,000 | 1,111 |
| Pre-tax net operating income | $9,109,000 | 704 |
| Securities gains (losses) | $1,366,000 | 525 |
| Applicable income taxes | $3,955,000 | 592 |
| Income before extraordinary items | $6,520,000 | 727 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $6,520,000 | 723 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $7,244,000 | 409 |
| Cash dividends | $3,971,000 | 464 |
| Sale, conversion, retirement of capital stock, net | $11,000 | 1,059 |
| Net operating income | $5,645,760 | 771 |
* 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.