Home > The Merchants National Bank of Montgomery > Income and Expense
The Merchants National Bank of Montgomery, Income and Expense
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $9,415,000 | 3,459 |
| Total interest expense | $4,138,000 | 3,590 |
| Net interest income | $5,277,000 | 3,362 |
| Provision for loan and lease losses | $235,000 | 3,076 |
| Total noninterest income | $461,000 | 5,449 |
| Gross Fiduciary activities income | $0 | 1,526 |
| Service charges on deposit accounts | $324,000 | 3,985 |
| Trading account gains and fees | $0 | 262 |
| Additional Noninterest Income | $137,000 | 6,227 |
| Total noninterest expense | $3,349,000 | 3,946 |
| Salaries and employee benefits | $1,643,000 | 3,972 |
| Premises and equipment expense | $432,000 | 4,270 |
| Additional noninterest expense | $1,274,000 | 3,599 |
| Pre-tax net operating income | $2,154,000 | 3,215 |
| Securities gains (losses) | $27,000 | 1,767 |
| Applicable income taxes | $651,000 | 3,358 |
| Income before extraordinary items | $1,530,000 | 3,137 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $1,530,000 | 3,138 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $172,000 | 2,928 |
| Cash dividends | $125,000 | 6,318 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $1,511,100 | 3,131 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $8,208,000 | 3,919 |
| Total interest expense | $3,341,000 | 4,332 |
| Net interest income | $4,867,000 | 3,629 |
| Provision for loan and lease losses | $134,000 | 3,882 |
| Total noninterest income | $617,000 | 4,479 |
| Gross Fiduciary activities income | $0 | 1,590 |
| Service charges on deposit accounts | $385,000 | 3,476 |
| Trading account gains and fees | $0 | 522 |
| Additional Noninterest Income | $232,000 | 4,705 |
| Total noninterest expense | $4,023,000 | 3,307 |
| Salaries and employee benefits | $1,869,000 | 3,527 |
| Premises and equipment expense | $548,000 | 3,473 |
| Additional noninterest expense | $1,606,000 | 2,911 |
| Pre-tax net operating income | $1,327,000 | 4,887 |
| Securities gains (losses) | $6,000 | 2,714 |
| Applicable income taxes | $436,000 | 4,637 |
| Income before extraordinary items | $897,000 | 5,009 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $897,000 | 5,008 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $134,000 | 3,162 |
| Cash dividends | $2,147,000 | 1,173 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $892,980 | 5,009 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $7,614,000 | 3,913 |
| Total interest expense | $2,926,000 | 4,054 |
| Net interest income | $4,688,000 | 3,778 |
| Provision for loan and lease losses | $87,000 | 4,874 |
| Total noninterest income | $528,000 | 5,093 |
| Gross Fiduciary activities income | $0 | 1,599 |
| Service charges on deposit accounts | $327,000 | 4,069 |
| Trading account gains and fees | $0 | 475 |
| Additional Noninterest Income | $201,000 | 5,253 |
| Total noninterest expense | $3,667,000 | 3,687 |
| Salaries and employee benefits | $1,788,000 | 3,645 |
| Premises and equipment expense | $553,000 | 3,501 |
| Additional noninterest expense | $1,326,000 | 3,718 |
| Pre-tax net operating income | $1,462,000 | 4,506 |
| Securities gains (losses) | $74,000 | 928 |
| Applicable income taxes | $353,000 | 5,236 |
| Income before extraordinary items | $1,183,000 | 3,911 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $1,183,000 | 3,916 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $72,000 | 4,376 |
| Cash dividends | $400,000 | 3,689 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $1,126,020 | 4,124 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $7,086,000 | 4,268 |
| Total interest expense | $2,878,000 | 4,267 |
| Net interest income | $4,208,000 | 4,201 |
| Provision for loan and lease losses | $93,000 | 5,955 |
| Total noninterest income | $506,000 | 5,549 |
| Gross Fiduciary activities income | $0 | 1,630 |
| Service charges on deposit accounts | $307,000 | 4,337 |
| Trading account gains and fees | $4,000 | 469 |
| Additional Noninterest Income | $195,000 | 5,748 |
| Total noninterest expense | $3,225,000 | 4,225 |
| Salaries and employee benefits | $1,608,000 | 4,007 |
| Premises and equipment expense | $486,000 | 3,965 |
| Additional noninterest expense | $1,131,000 | 4,427 |
| Pre-tax net operating income | $1,396,000 | 4,603 |
| Securities gains (losses) | $352,000 | 1,153 |
| Applicable income taxes | $418,000 | 4,848 |
| Income before extraordinary items | $1,330,000 | 3,629 |
| Extraordinary gains, net | $-117,000 | 12,952 |
| Net income | $1,213,000 | 4,082 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $59,000 | 5,721 |
| Cash dividends | $385,000 | 3,785 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $1,062,480 | 4,223 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $7,360,000 | 4,618 |
| Total interest expense | $3,306,000 | 4,773 |
| Net interest income | $4,054,000 | 4,388 |
| Provision for loan and lease losses | $103,000 | 7,189 |
| Total noninterest income | $418,000 | 6,378 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $272,000 | 4,799 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $146,000 | 6,738 |
| Total noninterest expense | $3,180,000 | 4,281 |
| Salaries and employee benefits | $1,484,000 | 4,273 |
| Premises and equipment expense | $469,000 | 4,204 |
| Additional noninterest expense | $1,227,000 | 4,263 |
| Pre-tax net operating income | $1,189,000 | 4,948 |
| Securities gains (losses) | $206,000 | 1,976 |
| Applicable income taxes | $327,000 | 5,607 |
| Income before extraordinary items | $1,068,000 | 4,252 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $1,068,000 | 4,293 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $113,000 | 5,610 |
| Cash dividends | $276,000 | 4,232 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $909,380 | 4,574 |
* 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.