Call reports 2013
MERCHANTS & MARINE BANK — 2013
What MERCHANTS & MARINE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 624,039,000 | 586,167,000 | 582,015,000 | 564,832,000 |
| Total loans | 224,725,000 | 228,627,000 | 231,862,000 | 231,191,000 |
| Allowance for loan losses | 2,910,000 | 3,430,000 | 3,572,000 | 3,756,000 |
| Securities available for sale | 225,816,000 | 213,519,000 | 216,167,000 | 206,541,000 |
| Securities held to maturity | 66,552,000 | 68,809,000 | 68,505,000 | 67,611,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 533,173,000 | 508,087,000 | 496,386,000 | 476,934,000 |
| Interest-bearing deposits | 427,358,000 | 402,877,000 | 392,132,000 | 385,351,000 |
| Noninterest-bearing deposits | 105,815,000 | 105,210,000 | 104,254,000 | 91,583,000 |
| Equity capital | 57,659,000 | 51,453,000 | 51,591,000 | 51,458,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 4,959,000 | 9,698,000 | 14,479,000 | 19,416,000 |
| Interest expense | 459,000 | 855,000 | 1,211,000 | 1,536,000 |
| Net interest income | 4,500,000 | 8,843,000 | 13,268,000 | 17,880,000 |
| Noninterest income | 1,701,000 | 3,358,000 | 5,191,000 | 6,970,000 |
| Noninterest expense | 3,954,000 | 8,252,000 | 12,424,000 | 16,915,000 |
| Provision for loan losses | -100,000 | 600,000 | 931,000 | 1,215,000 |
| Pretax income | 2,360,000 | 3,377,000 | 5,132,000 | 6,780,000 |
| Income tax | 691,000 | 857,000 | 1,311,000 | 1,695,000 |
| Net income | 1,669,000 | 2,520,000 | 3,821,000 | 5,085,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,251,000 | 58,950,000 | 59,620,000 | 59,367,000 |
| Total capital | 62,316,000 | 62,450,000 | 63,365,000 | 63,218,000 |
| Risk-weighted assets | 296,580,000 | 301,496,000 | 304,199,000 | 297,069,000 |