Call reports 2002
MERCHANTS BANK OF COMMERCE — 2002
What MERCHANTS BANK OF COMMERCE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 317,357,000 | 331,210,000 | 384,826,000 | 367,451,000 |
| Total loans | 234,123,000 | 255,945,000 | 273,963,000 | 283,880,000 |
| Allowance for loan losses | 3,232,000 | 3,359,000 | 3,465,000 | 3,793,000 |
| Securities available for sale | 34,139,000 | 27,584,000 | 52,583,000 | 32,703,000 |
| Securities held to maturity | 3,708,000 | 3,394,000 | 2,722,000 | 2,405,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 276,638,000 | 296,155,000 | 319,875,000 | 314,957,000 |
| Interest-bearing deposits | 229,695,000 | 243,355,000 | 266,457,000 | 259,417,000 |
| Noninterest-bearing deposits | 46,943,000 | 52,800,000 | 53,418,000 | 55,540,000 |
| Equity capital | 25,559,000 | 26,702,000 | 28,014,000 | 27,155,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,216,000 | 8,724,000 | 13,558,000 | 18,565,000 |
| Interest expense | 1,544,000 | 2,948,000 | 4,358,000 | 5,811,000 |
| Net interest income | 2,672,000 | 5,776,000 | 9,200,000 | 12,754,000 |
| Noninterest income | 429,000 | 869,000 | 1,295,000 | 1,794,000 |
| Noninterest expense | 1,888,000 | 3,862,000 | 6,078,000 | 8,364,000 |
| Provision for loan losses | 65,000 | 190,000 | 295,000 | 620,000 |
| Pretax income | 1,148,000 | 2,595,000 | 4,247,000 | 5,839,000 |
| Income tax | 393,000 | 946,000 | 1,459,000 | 2,009,000 |
| Net income | 755,000 | 1,649,000 | 2,788,000 | 3,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,971,000 | 25,895,000 | 27,064,000 | 26,425,000 |
| Total capital | 28,158,000 | 29,254,000 | 30,529,000 | 30,132,000 |
| Risk-weighted assets | 254,924,000 | 274,450,000 | 298,046,000 | 296,477,000 |
Machine access — free, no API key
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