Call reports 2011
MERCHANTS & MARINE BANK — 2011
What MERCHANTS & MARINE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 577,231,000 | 536,179,000 | 529,455,000 | 555,432,000 |
| Total loans | 218,600,000 | 221,112,000 | 213,610,000 | 238,007,000 |
| Allowance for loan losses | 3,268,000 | 3,131,000 | 3,203,000 | 3,745,000 |
| Securities available for sale | 178,874,000 | 153,926,000 | 120,926,000 | 111,755,000 |
| Securities held to maturity | 96,136,000 | 97,231,000 | 97,982,000 | 93,132,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 494,791,000 | 458,844,000 | 444,305,000 | 476,782,000 |
| Interest-bearing deposits | 418,897,000 | 377,524,000 | 349,912,000 | 390,890,000 |
| Noninterest-bearing deposits | 75,894,000 | 81,320,000 | 94,393,000 | 85,892,000 |
| Equity capital | 52,064,000 | 55,331,000 | 55,977,000 | 53,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,184,000 | 10,594,000 | 15,740,000 | 20,544,000 |
| Interest expense | 910,000 | 1,721,000 | 2,423,000 | 3,043,000 |
| Net interest income | 4,274,000 | 8,873,000 | 13,317,000 | 17,501,000 |
| Noninterest income | 1,502,000 | 3,084,000 | 4,864,000 | 6,795,000 |
| Noninterest expense | 4,020,000 | 7,838,000 | 12,065,000 | 16,772,000 |
| Provision for loan losses | 242,000 | 1,308,000 | 1,807,000 | 2,455,000 |
| Pretax income | 1,500,000 | 3,007,000 | 4,667,000 | 5,606,000 |
| Income tax | 360,000 | 879,000 | 1,305,000 | 1,389,000 |
| Net income | 1,140,000 | 2,128,000 | 3,362,000 | 4,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,100,000 | 56,623,000 | 57,457,000 | 55,420,000 |
| Total capital | 59,422,000 | 59,797,000 | 60,734,000 | 59,243,000 |
| Risk-weighted assets | 287,305,000 | 289,825,000 | 303,346,000 | 335,243,000 |