Call reports 2006
MERCHANTS BANK, NATIONAL ASSOCIATION — 2006
What MERCHANTS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 509,928,000 | 528,553,000 | 517,534,000 | 522,084,000 |
| Total loans | 371,027,000 | 375,423,000 | 382,136,000 | 391,402,000 |
| Allowance for loan losses | 5,283,000 | 5,302,000 | 5,361,000 | 5,348,000 |
| Securities available for sale | 67,494,000 | 64,714,000 | 63,483,000 | 63,081,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 386,718,000 | 358,583,000 | 338,171,000 | 356,919,000 |
| Interest-bearing deposits | 316,813,000 | 297,539,000 | 298,121,000 | 292,420,000 |
| Noninterest-bearing deposits | 69,905,000 | 61,045,000 | 40,050,000 | 64,499,000 |
| Equity capital | 60,709,000 | 57,039,000 | 59,541,000 | 62,024,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 7,814,000 | 15,940,000 | 24,506,000 | 32,936,000 |
| Interest expense | 2,611,000 | 5,458,000 | 8,760,000 | 12,117,000 |
| Net interest income | 5,203,000 | 10,482,000 | 15,746,000 | 20,819,000 |
| Noninterest income | 1,801,000 | 3,626,000 | 5,438,000 | 7,645,000 |
| Noninterest expense | 3,910,000 | 7,798,000 | 11,720,000 | 16,191,000 |
| Provision for loan losses | 180,000 | 264,000 | 380,000 | 587,000 |
| Pretax income | 2,914,000 | 6,046,000 | 9,084,000 | 11,820,000 |
| Income tax | 1,071,000 | 2,143,000 | 3,178,000 | 3,648,000 |
| Net income | 1,843,000 | 3,903,000 | 5,906,000 | 8,172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,856,000 | 54,916,000 | 56,919,000 | 59,266,000 |
| Total capital | 63,090,000 | 60,318,000 | 62,351,000 | 64,925,000 |
| Risk-weighted assets | 417,847,000 | 431,216,000 | 433,527,000 | 454,788,000 |
Machine access — free, no API key
Every figure shown here about MERCHANTS BANK, NATIONAL ASSOCIATION — 2006 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts, and since 27 September get_timeseries for a metric over time with its gap years made explicit and compare_entities for several entities on one shared period) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.