Call reports 2016
MERRIMACK COUNTY SAVINGS BANK — 2016
What MERRIMACK COUNTY SAVINGS 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 | 751,314,000 | 756,462,000 | 763,184,000 | 800,491,000 |
| Total loans | 612,902,000 | 619,075,000 | 632,308,000 | 652,158,000 |
| Allowance for loan losses | 3,228,000 | 3,393,000 | 3,455,000 | 3,516,000 |
| Securities available for sale | 87,725,000 | 71,756,000 | 75,333,000 | 85,942,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 545,106,000 | 560,113,000 | 572,302,000 | 578,682,000 |
| Interest-bearing deposits | 520,056,000 | 529,145,000 | 542,118,000 | 549,471,000 |
| Noninterest-bearing deposits | 25,050,000 | 30,968,000 | 30,184,000 | 29,211,000 |
| Equity capital | 76,907,000 | 77,900,000 | 78,840,000 | 78,178,000 |
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 | 6,562,000 | 13,332,000 | 20,392,000 | 27,317,000 |
| Interest expense | 534,000 | 1,036,000 | 1,533,000 | 2,017,000 |
| Net interest income | 6,028,000 | 12,296,000 | 18,859,000 | 25,300,000 |
| Noninterest income | 705,000 | 1,377,000 | 2,149,000 | 3,067,000 |
| Noninterest expense | 5,286,000 | 10,852,000 | 16,465,000 | 22,196,000 |
| Provision for loan losses | 295,000 | 463,000 | 623,000 | 704,000 |
| Pretax income | 1,155,000 | 2,820,000 | 4,509,000 | 6,053,000 |
| Income tax | 367,000 | 946,000 | 1,477,000 | 2,003,000 |
| Net income | 788,000 | 1,874,000 | 3,032,000 | 4,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 71,387,000 | 72,506,000 | 73,596,000 | 74,645,000 |
| Total capital | 74,792,000 | 76,087,000 | 77,238,000 | 78,381,000 |
| Risk-weighted assets | 544,198,000 | 547,479,000 | 565,904,000 | 583,873,000 |