Call reports 2019
MERCHANTS & MARINE BANK — 2019
What MERCHANTS & MARINE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 592,677,000 | 574,220,000 | 574,088,000 | 576,804,000 |
| Total loans | 317,868,000 | 319,537,000 | 319,120,000 | 312,999,000 |
| Allowance for loan losses | 3,179,000 | 3,351,000 | 3,351,000 | 3,351,000 |
| Securities available for sale | 123,262,000 | 122,771,000 | 120,989,000 | 129,264,000 |
| Securities held to maturity | 55,425,000 | 51,026,000 | 44,201,000 | 40,959,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 505,838,000 | 487,254,000 | 484,207,000 | 486,223,000 |
| Interest-bearing deposits | 394,461,000 | 377,751,000 | 374,122,000 | 380,550,000 |
| Noninterest-bearing deposits | 111,377,000 | 109,503,000 | 110,085,000 | 105,673,000 |
| Equity capital | 71,030,000 | 73,090,000 | 74,150,000 | 75,163,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 5,259,000 | 10,596,000 | 15,939,000 | 21,247,000 |
| Interest expense | 1,051,000 | 1,684,000 | 2,549,000 | 3,374,000 |
| Net interest income | 4,208,000 | 8,912,000 | 13,390,000 | 17,873,000 |
| Noninterest income | 1,080,000 | 3,064,000 | 4,650,000 | 6,670,000 |
| Noninterest expense | 4,720,000 | 9,218,000 | 13,874,000 | 18,385,000 |
| Provision for loan losses | 164,000 | 530,000 | 647,000 | 905,000 |
| Pretax income | 404,000 | 1,980,000 | 3,359,000 | 5,145,000 |
| Income tax | 43,000 | 262,000 | 500,000 | 787,000 |
| Net income | 361,000 | 1,718,000 | 2,859,000 | 4,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,157,000 | 75,049,000 | 70,973,000 | 75,871,000 |
| Total capital | 77,434,000 | 78,496,000 | 74,420,000 | 79,324,000 |
| Risk-weighted assets | 372,404,000 | 380,136,000 | 372,887,000 | 378,412,000 |