Call reports 2023
MERCER COUNTY STATE BANK — 2023
What MERCER COUNTY STATE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 556,801,000 | 549,216,000 | 553,794,000 | 560,933,000 |
| Total loans | 351,186,000 | 353,187,000 | 356,988,000 | 359,470,000 |
| Allowance for loan losses | 4,071,000 | 3,901,000 | 3,913,000 | 3,664,000 |
| Securities available for sale | 164,606,000 | 158,440,000 | 155,069,000 | 161,284,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 491,670,000 | 489,248,000 | 498,747,000 | 483,442,000 |
| Interest-bearing deposits | 343,563,000 | 337,866,000 | 340,895,000 | 334,580,000 |
| Noninterest-bearing deposits | 148,107,000 | 151,382,000 | 157,852,000 | 148,862,000 |
| Equity capital | 35,136,000 | 32,879,000 | 29,543,000 | 37,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 5,441,000 | 11,155,000 | 17,039,000 | 23,060,000 |
| Interest expense | 1,148,000 | 2,458,000 | 3,939,000 | 5,489,000 |
| Net interest income | 4,293,000 | 8,697,000 | 13,100,000 | 17,571,000 |
| Noninterest income | 847,000 | 1,639,000 | 2,556,000 | 3,397,000 |
| Noninterest expense | 3,540,000 | 7,060,000 | 10,694,000 | 14,300,000 |
| Provision for loan losses | 120,000 | 200,000 | 200,000 | 180,000 |
| Pretax income | 1,480,000 | 3,076,000 | 4,762,000 | 6,488,000 |
| Income tax | 225,000 | 477,000 | 746,000 | 1,022,000 |
| Net income | 1,255,000 | 2,599,000 | 4,016,000 | 5,466,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,388,000 | 54,732,000 | 56,149,000 | 56,999,000 |
| Total capital | 58,459,000 | 58,693,000 | 60,122,000 | 60,753,000 |
| Risk-weighted assets | 376,991,000 | 371,998,000 | 389,196,000 | 411,452,000 |