Call reports 2017
MERCHANTS & MARINE BANK — 2017
What MERCHANTS & MARINE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 601,571,000 | 588,552,000 | 559,755,000 | 557,731,000 |
| Total loans | 269,287,000 | 267,157,000 | 264,457,000 | 267,591,000 |
| Allowance for loan losses | 2,409,000 | 2,368,000 | 2,280,000 | 2,478,000 |
| Securities available for sale | 137,619,000 | 142,095,000 | 142,063,000 | 139,212,000 |
| Securities held to maturity | 62,162,000 | 66,169,000 | 66,308,000 | 64,688,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 496,750,000 | 498,327,000 | 473,010,000 | 473,791,000 |
| Interest-bearing deposits | 388,506,000 | 385,040,000 | 366,893,000 | 366,201,000 |
| Noninterest-bearing deposits | 108,244,000 | 113,287,000 | 106,117,000 | 107,590,000 |
| Equity capital | 67,224,000 | 68,980,000 | 69,515,000 | 68,298,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 4,506,000 | 8,984,000 | 13,514,000 | 17,982,000 |
| Interest expense | 505,000 | 971,000 | 1,416,000 | 1,854,000 |
| Net interest income | 4,001,000 | 8,013,000 | 12,098,000 | 16,128,000 |
| Noninterest income | 1,407,000 | 2,933,000 | 4,375,000 | 6,427,000 |
| Noninterest expense | 4,090,000 | 7,897,000 | 11,969,000 | 16,074,000 |
| Provision for loan losses | 467,000 | 502,000 | 524,000 | 817,000 |
| Pretax income | 851,000 | 2,553,000 | 4,000,000 | 5,691,000 |
| Income tax | 157,000 | 608,000 | 942,000 | 2,131,000 |
| Net income | 694,000 | 1,945,000 | 3,058,000 | 3,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,068,000 | 70,854,000 | 67,520,000 | 71,990,000 |
| Total capital | 72,579,000 | 73,328,000 | 69,913,000 | 74,596,000 |
| Risk-weighted assets | 348,229,000 | 341,503,000 | 331,796,000 | 335,329,000 |