Call reports 2018
MERCHANTS & MARINE BANK — 2018
What MERCHANTS & MARINE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 581,073,000 | 567,997,000 | 551,308,000 | 558,741,000 |
| Total loans | 283,635,000 | 290,516,000 | 295,494,000 | 304,849,000 |
| Allowance for loan losses | 2,638,000 | 2,789,000 | 2,955,000 | 3,048,000 |
| Securities available for sale | 135,071,000 | 133,503,000 | 129,745,000 | 130,246,000 |
| Securities held to maturity | 63,393,000 | 60,770,000 | 58,870,000 | 57,143,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 498,401,000 | 486,273,000 | 467,848,000 | 476,217,000 |
| Interest-bearing deposits | 393,626,000 | 374,144,000 | 351,106,000 | 406,250,000 |
| Noninterest-bearing deposits | 104,775,000 | 112,129,000 | 116,742,000 | 69,967,000 |
| Equity capital | 67,015,000 | 67,593,000 | 67,672,000 | 69,032,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 4,759,000 | 9,539,000 | 14,393,000 | 19,266,000 |
| Interest expense | 778,000 | 1,312,000 | 1,821,000 | 2,384,000 |
| Net interest income | 3,981,000 | 8,227,000 | 12,572,000 | 16,882,000 |
| Noninterest income | 1,400,000 | 2,909,000 | 4,399,000 | 5,887,000 |
| Noninterest expense | 4,147,000 | 8,151,000 | 12,584,000 | 16,894,000 |
| Provision for loan losses | 221,000 | 515,000 | 738,000 | 882,000 |
| Pretax income | 1,013,000 | 2,471,000 | 3,650,000 | 4,994,000 |
| Income tax | 108,000 | 300,000 | 448,000 | 641,000 |
| Net income | 905,000 | 2,171,000 | 3,202,000 | 4,353,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 72,430,000 | 73,230,000 | 73,795,000 | 74,263,000 |
| Total capital | 75,196,000 | 76,214,000 | 77,013,000 | 77,549,000 |
| Risk-weighted assets | 356,982,000 | 359,518,000 | 359,547,000 | 365,182,000 |