Call reports 2012
MERCHANTS BANK OF COMMERCE — 2012
What MERCHANTS BANK OF COMMERCE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 920,791,000 | 929,248,000 | 941,158,000 | 975,284,000 |
| Total loans | 634,413,000 | 633,991,000 | 632,570,000 | 664,363,000 |
| Allowance for loan losses | 11,373,000 | 12,497,000 | 10,560,000 | 11,103,000 |
| Securities available for sale | 192,880,000 | 201,348,000 | 194,928,000 | 197,354,000 |
| Securities held to maturity | 0 | 0 | 18,808,000 | 31,483,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 668,066,000 | 685,286,000 | 692,968,000 | 702,709,000 |
| Interest-bearing deposits | 562,650,000 | 564,814,000 | 576,762,000 | 583,578,000 |
| Noninterest-bearing deposits | 105,416,000 | 120,472,000 | 116,206,000 | 119,131,000 |
| Equity capital | 118,218,000 | 118,058,000 | 120,902,000 | 120,712,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 10,065,000 | 20,161,000 | 30,491,000 | 40,371,000 |
| Interest expense | 1,447,000 | 2,720,000 | 3,825,000 | 4,815,000 |
| Net interest income | 8,618,000 | 17,441,000 | 26,666,000 | 35,556,000 |
| Noninterest income | 303,000 | 377,000 | 916,000 | 1,322,000 |
| Noninterest expense | 5,349,000 | 9,921,000 | 14,952,000 | 19,870,000 |
| Provision for loan losses | 1,300,000 | 2,950,000 | 4,850,000 | 9,400,000 |
| Pretax income | 2,917,000 | 6,134,000 | 9,517,000 | 11,430,000 |
| Income tax | 803,000 | 1,660,000 | 2,344,000 | 2,716,000 |
| Net income | 2,114,000 | 4,474,000 | 7,173,000 | 8,714,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 115,983,000 | 116,495,000 | 120,555,000 | 121,325,000 |
| Total capital | 126,372,000 | 127,412,000 | 131,240,000 | 132,122,000 |
| Risk-weighted assets | 829,570,000 | 871,306,000 | 854,416,000 | 862,955,000 |