Call reports 2015
MERCHANTS & MARINE BANK — 2015
What MERCHANTS & MARINE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 618,119,000 | 576,314,000 | 547,987,000 | 563,094,000 |
| Total loans | 228,841,000 | 240,934,000 | 244,002,000 | 255,794,000 |
| Allowance for loan losses | 3,106,000 | 3,106,000 | 3,106,000 | 2,863,000 |
| Securities available for sale | 193,516,000 | 190,693,000 | 181,837,000 | 160,397,000 |
| Securities held to maturity | 57,200,000 | 62,707,000 | 63,966,000 | 63,535,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 487,848,000 | 474,629,000 | 455,105,000 | 464,676,000 |
| Interest-bearing deposits | 388,501,000 | 376,596,000 | 355,718,000 | 361,906,000 |
| Noninterest-bearing deposits | 99,347,000 | 98,033,000 | 99,387,000 | 102,770,000 |
| Equity capital | 62,595,000 | 61,435,000 | 63,941,000 | 64,471,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 4,262,000 | 8,696,000 | 13,315,000 | 17,770,000 |
| Interest expense | 427,000 | 816,000 | 1,182,000 | 1,529,000 |
| Net interest income | 3,835,000 | 7,880,000 | 12,133,000 | 16,241,000 |
| Noninterest income | 1,469,000 | 2,951,000 | 4,296,000 | 5,941,000 |
| Noninterest expense | 3,942,000 | 8,244,000 | 12,045,000 | 16,075,000 |
| Provision for loan losses | 372,000 | 385,000 | 536,000 | 336,000 |
| Pretax income | 1,063,000 | 2,284,000 | 3,898,000 | 5,835,000 |
| Income tax | 252,000 | 554,000 | 976,000 | 1,429,000 |
| Net income | 811,000 | 1,730,000 | 2,922,000 | 4,406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 64,857,000 | 65,310,000 | 66,103,000 | 66,789,000 |
| Total capital | 68,045,000 | 68,500,000 | 69,312,000 | 69,741,000 |
| Risk-weighted assets | 296,343,000 | 327,843,000 | 313,243,000 | 321,954,000 |