Call reports 2016
MERCHANTS & MARINE BANK — 2016
What MERCHANTS & MARINE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 613,910,000 | 564,044,000 | 558,332,000 | 564,326,000 |
| Total loans | 261,037,000 | 265,691,000 | 257,922,000 | 267,081,000 |
| Allowance for loan losses | 3,070,000 | 3,513,000 | 3,370,000 | 3,112,000 |
| Securities available for sale | 174,136,000 | 154,568,000 | 137,389,000 | 138,004,000 |
| Securities held to maturity | 61,648,000 | 63,091,000 | 63,716,000 | 62,429,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 505,645,000 | 474,216,000 | 461,313,000 | 471,844,000 |
| Interest-bearing deposits | 406,169,000 | 368,989,000 | 354,472,000 | 366,590,000 |
| Noninterest-bearing deposits | 99,476,000 | 105,227,000 | 106,841,000 | 105,254,000 |
| Equity capital | 66,432,000 | 67,592,000 | 68,466,000 | 66,056,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 4,491,000 | 9,008,000 | 13,319,000 | 17,632,000 |
| Interest expense | 432,000 | 816,000 | 1,190,000 | 1,554,000 |
| Net interest income | 4,059,000 | 8,192,000 | 12,129,000 | 16,078,000 |
| Noninterest income | 2,072,000 | 3,582,000 | 5,266,000 | 6,738,000 |
| Noninterest expense | 4,045,000 | 8,123,000 | 12,322,000 | 15,946,000 |
| Provision for loan losses | 335,000 | 820,000 | 696,000 | 568,000 |
| Pretax income | 1,807,000 | 2,913,000 | 4,514,000 | 6,465,000 |
| Income tax | 485,000 | 734,000 | 1,134,000 | 1,418,000 |
| Net income | 1,322,000 | 2,179,000 | 3,380,000 | 5,047,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,712,000 | 68,104,000 | 68,949,000 | 69,773,000 |
| Total capital | 70,878,000 | 71,708,000 | 72,416,000 | 72,969,000 |
| Risk-weighted assets | 324,909,000 | 329,635,000 | 320,002,000 | 334,426,000 |