Call reports 2008
MERCHANTS & MARINE BANK — 2008
What MERCHANTS & MARINE BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 489,834,000 | 476,473,000 | 457,778,000 | 436,283,000 |
| Total loans | 203,035,000 | 196,556,000 | 196,632,000 | 201,475,000 |
| Allowance for loan losses | 3,100,000 | 3,100,000 | 3,100,000 | 3,100,000 |
| Securities available for sale | 9,138,000 | 26,910,000 | 27,054,000 | 30,239,000 |
| Securities held to maturity | 158,290,000 | 173,623,000 | 172,696,000 | 146,509,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 398,212,000 | 403,467,000 | 385,096,000 | 367,331,000 |
| Interest-bearing deposits | 268,960,000 | 275,180,000 | 296,543,000 | 350,078,000 |
| Noninterest-bearing deposits | 129,252,000 | 128,287,000 | 88,553,000 | 17,253,000 |
| Equity capital | 49,534,000 | 49,969,000 | 50,716,000 | 48,908,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,263,000 | 12,293,000 | 18,149,000 | 23,883,000 |
| Interest expense | 2,063,000 | 3,863,000 | 5,523,000 | 7,137,000 |
| Net interest income | 4,200,000 | 8,430,000 | 12,626,000 | 16,746,000 |
| Noninterest income | 1,552,000 | 3,438,000 | 5,064,000 | 6,856,000 |
| Noninterest expense | 4,009,000 | 8,254,000 | 12,383,000 | 16,152,000 |
| Provision for loan losses | -51,000 | 72,000 | 245,000 | 563,000 |
| Pretax income | 1,911,000 | 3,659,000 | 5,179,000 | 7,004,000 |
| Income tax | 492,000 | 1,151,000 | 1,641,000 | 2,228,000 |
| Net income | 1,419,000 | 2,508,000 | 3,538,000 | 4,776,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,144,000 | 49,768,000 | 50,399,000 | 50,838,000 |
| Total capital | 52,259,000 | 52,897,000 | 53,518,000 | 53,920,000 |
| Risk-weighted assets | 257,385,000 | 247,671,000 | 249,943,000 | 246,505,000 |
Machine access — free, no API key
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