Home > Valley Merchants Bank > Income and Expense
Valley Merchants Bank, Income and Expense
| 1999-12-31 (YTD Data) | Rank | |
| Total interest income | $3,999,000 | 6,365 |
| Total interest expense | $741,000 | 8,845 |
| Net interest income | $3,258,000 | 4,879 |
| Provision for loan and lease losses | $43,000 | 6,780 |
| Total noninterest income | $582,000 | 4,512 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $247,000 | 4,551 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $335,000 | 3,768 |
| Total noninterest expense | $2,419,000 | 4,992 |
| Salaries and employee benefits | $1,422,000 | 4,536 |
| Premises and equipment expense | $258,000 | 5,933 |
| Additional noninterest expense | $739,000 | 5,059 |
| Pre-tax net operating income | $1,378,000 | 4,347 |
| Securities gains (losses) | $0 | 3,155 |
| Applicable income taxes | $561,000 | 3,372 |
| Income before extraordinary items | $817,000 | 5,030 |
| Extraordinary gains, net | $0 | 35 |
| Net income | $817,000 | 5,029 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $19,000 | 6,178 |
| Cash dividends | $1,000 | 7,125 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,035 |
| Net operating income | $817,000 | 4,996 |
| 1998-12-31 (YTD Data) | Rank | |
| Total interest income | $3,148,000 | 7,362 |
| Total interest expense | $629,000 | 9,399 |
| Net interest income | $2,519,000 | 5,827 |
| Provision for loan and lease losses | $63,000 | 6,049 |
| Total noninterest income | $432,000 | 5,376 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $229,000 | 4,761 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $203,000 | 4,918 |
| Total noninterest expense | $2,126,000 | 5,352 |
| Salaries and employee benefits | $1,216,000 | 5,027 |
| Premises and equipment expense | $243,000 | 6,067 |
| Additional noninterest expense | $667,000 | 5,349 |
| Pre-tax net operating income | $762,000 | 6,249 |
| Securities gains (losses) | $0 | 4,449 |
| Applicable income taxes | $261,000 | 5,540 |
| Income before extraordinary items | $501,000 | 6,610 |
| Extraordinary gains, net | $0 | 32 |
| Net income | $501,000 | 6,609 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $18,000 | 6,450 |
| Cash dividends | $0 | 7,473 |
| Sale, conversion, retirement of capital stock, net | $734,000 | 506 |
| Net operating income | $501,000 | 6,486 |
| 1997-12-31 (YTD Data) | Rank | |
| Total interest income | $2,770,000 | 8,039 |
| Total interest expense | $576,000 | 9,901 |
| Net interest income | $2,194,000 | 6,544 |
| Provision for loan and lease losses | $87,000 | 5,506 |
| Total noninterest income | $462,000 | 5,248 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $239,000 | 4,804 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $223,000 | 4,697 |
| Total noninterest expense | $1,935,000 | 5,778 |
| Salaries and employee benefits | $1,097,000 | 5,486 |
| Premises and equipment expense | $223,000 | 6,453 |
| Additional noninterest expense | $615,000 | 5,716 |
| Pre-tax net operating income | $634,000 | 7,272 |
| Securities gains (losses) | $0 | 3,944 |
| Applicable income taxes | $266,000 | 6,081 |
| Income before extraordinary items | $368,000 | 7,866 |
| Extraordinary gains, net | $0 | 44 |
| Net income | $368,000 | 7,869 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $36,000 | 5,655 |
| Cash dividends | $1,000 | 7,864 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,030 |
| Net operating income | $368,000 | 7,810 |
| 1996-12-31 (YTD Data) | Rank | |
| Total interest income | $2,474,000 | 8,723 |
| Total interest expense | $584,000 | 10,324 |
| Net interest income | $1,890,000 | 7,369 |
| Provision for loan and lease losses | $44,000 | 6,866 |
| Total noninterest income | $371,000 | 6,199 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $203,000 | 5,503 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $168,000 | 5,634 |
| Total noninterest expense | $1,739,000 | 6,520 |
| Salaries and employee benefits | $981,000 | 6,085 |
| Premises and equipment expense | $194,000 | 7,135 |
| Additional noninterest expense | $564,000 | 6,586 |
| Pre-tax net operating income | $478,000 | 8,069 |
| Securities gains (losses) | $0 | 4,148 |
| Applicable income taxes | $215,000 | 6,900 |
| Income before extraordinary items | $263,000 | 8,721 |
| Extraordinary gains, net | $0 | 53 |
| Net income | $263,000 | 8,719 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $78,000 | 4,420 |
| Cash dividends | $53,000 | 7,465 |
| Sale, conversion, retirement of capital stock, net | $0 | 953 |
| Net operating income | $263,000 | 8,658 |
| 1995-12-31 (YTD Data) | Rank | |
| Total interest income | $2,273,000 | 9,292 |
| Total interest expense | $508,000 | 10,985 |
| Net interest income | $1,765,000 | 7,862 |
| Provision for loan and lease losses | $108,000 | 4,448 |
| Total noninterest income | $407,000 | 5,925 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $192,000 | 5,831 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $215,000 | 4,917 |
| Total noninterest expense | $1,691,000 | 6,755 |
| Salaries and employee benefits | $909,000 | 6,520 |
| Premises and equipment expense | $237,000 | 6,557 |
| Additional noninterest expense | $545,000 | 6,908 |
| Pre-tax net operating income | $373,000 | 9,239 |
| Securities gains (losses) | $0 | 3,831 |
| Applicable income taxes | $168,000 | 7,963 |
| Income before extraordinary items | $205,000 | 9,872 |
| Extraordinary gains, net | $0 | 65 |
| Net income | $205,000 | 9,877 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $51,000 | 5,105 |
| Cash dividends | $105,000 | 6,676 |
| Sale, conversion, retirement of capital stock, net | $0 | 809 |
| Net operating income | $205,000 | 9,847 |
| 1994-12-31 (YTD Data) | Rank | |
| Total interest income | $2,117,000 | 9,575 |
| Total interest expense | $504,000 | 11,080 |
| Net interest income | $1,613,000 | 8,550 |
| Provision for loan and lease losses | $166,000 | 3,396 |
| Total noninterest income | $349,000 | 6,679 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $159,000 | 6,683 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $190,000 | 5,443 |
| Total noninterest expense | $1,509,000 | 7,572 |
| Salaries and employee benefits | $805,000 | 7,182 |
| Premises and equipment expense | $218,000 | 7,087 |
| Additional noninterest expense | $486,000 | 7,991 |
| Pre-tax net operating income | $287,000 | 10,221 |
| Securities gains (losses) | $-1,000 | 8,790 |
| Applicable income taxes | $42,000 | 10,655 |
| Income before extraordinary items | $244,000 | 9,763 |
| Extraordinary gains, net | $0 | 249 |
| Net income | $244,000 | 9,775 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $146,000 | 3,018 |
| Cash dividends | $0 | 8,932 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,160 |
| Net operating income | $244,850 | 9,829 |
| 1993-12-31 (YTD Data) | Rank | |
| Total interest income | $1,862,000 | 10,469 |
| Total interest expense | $543,000 | 11,457 |
| Net interest income | $1,319,000 | 9,674 |
| Provision for loan and lease losses | $27,000 | 8,602 |
| Total noninterest income | $308,000 | 7,559 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $119,000 | 7,868 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $189,000 | 5,846 |
| Total noninterest expense | $1,316,000 | 8,454 |
| Salaries and employee benefits | $730,000 | 7,781 |
| Premises and equipment expense | $214,000 | 7,406 |
| Additional noninterest expense | $372,000 | 9,572 |
| Pre-tax net operating income | $284,000 | 10,370 |
| Securities gains (losses) | $0 | 7,477 |
| Applicable income taxes | $32,000 | 11,333 |
| Income before extraordinary items | $252,000 | 10,017 |
| Extraordinary gains, net | $0 | 3,149 |
| Net income | $252,000 | 10,154 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $-3,000 | 11,177 |
| Cash dividends | $0 | 9,081 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,223 |
| Net operating income | $252,000 | 9,769 |
| 1992-12-31 (YTD Data) | Rank | |
| Total interest income | $1,400,000 | 12,182 |
| Total interest expense | $450,000 | 12,970 |
| Net interest income | $950,000 | 11,296 |
| Provision for loan and lease losses | $23,000 | 10,448 |
| Total noninterest income | $217,000 | 9,097 |
| Gross Fiduciary activities income | NA | NA |
| Service charges on deposit accounts | $99,000 | 8,548 |
| Trading account gains and fees | NA | NA |
| Additional Noninterest Income | $118,000 | 7,510 |
| Total noninterest expense | $1,078,000 | 9,627 |
| Salaries and employee benefits | $573,000 | 9,054 |
| Premises and equipment expense | $204,000 | 7,741 |
| Additional noninterest expense | $301,000 | 10,804 |
| Pre-tax net operating income | $66,000 | 12,301 |
| Securities gains (losses) | $8,000 | 6,653 |
| Applicable income taxes | $11,000 | 12,338 |
| Income before extraordinary items | $63,000 | 12,432 |
| Extraordinary gains, net | $0 | 1,422 |
| Net income | $63,000 | 12,448 |
| Minority interest net income | NA | NA |
| Net income of bank and minority interests. | NA | NA |
| Net charge-offs | $12,000 | 9,788 |
| Cash dividends | $0 | 8,912 |
| Sale, conversion, retirement of capital stock, net | $0 | 1,165 |
| Net operating income | $56,200 | 12,226 |
* 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.