Call reports 2021
MERCHANTS & MARINE BANK — 2021
What MERCHANTS & MARINE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 742,758,000 | 731,767,000 | 695,431,000 | 678,860,000 |
| Total loans | 355,890,000 | 322,030,000 | 341,312,000 | 350,796,000 |
| Allowance for loan losses | 3,934,000 | 3,934,000 | 3,610,000 | 3,610,000 |
| Securities available for sale | 102,458,000 | 102,433,000 | 97,634,000 | 106,970,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 650,415,000 | 638,079,000 | 603,551,000 | 587,997,000 |
| Interest-bearing deposits | 576,275,000 | 567,762,000 | 530,332,000 | 516,868,000 |
| Noninterest-bearing deposits | 74,140,000 | 70,317,000 | 73,219,000 | 71,129,000 |
| Equity capital | 78,261,000 | 79,589,000 | 79,607,000 | 79,729,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 5,477,000 | 12,199,000 | 17,378,000 | 22,128,000 |
| Interest expense | 547,000 | 1,230,000 | 1,754,000 | 2,166,000 |
| Net interest income | 4,930,000 | 10,969,000 | 15,624,000 | 19,962,000 |
| Noninterest income | 1,215,000 | 2,210,000 | 5,534,000 | 7,193,000 |
| Noninterest expense | 5,552,000 | 11,464,000 | 17,203,000 | 23,080,000 |
| Provision for loan losses | -15,000 | 25,000 | 1,325,000 | 1,391,000 |
| Pretax income | 677,000 | 1,790,000 | 2,697,000 | 2,756,000 |
| Income tax | 105,000 | 293,000 | 493,000 | 450,000 |
| Net income | 572,000 | 1,497,000 | 2,204,000 | 2,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,631,000 | 77,161,000 | 77,475,000 | 76,848,000 |
| Total capital | 80,565,000 | 81,095,000 | 81,253,000 | 80,613,000 |
| Risk-weighted assets | 388,716,000 | 397,127,000 | 410,842,000 | 429,186,000 |