Call reports 2017
MERRIMACK COUNTY SAVINGS BANK — 2017
What MERRIMACK COUNTY SAVINGS 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 | 794,379,000 | 814,534,000 | 817,949,000 | 851,006,000 |
| Total loans | 645,888,000 | 667,922,000 | 672,263,000 | 696,403,000 |
| Allowance for loan losses | 3,665,000 | 3,801,000 | 3,928,000 | 4,236,000 |
| Securities available for sale | 84,694,000 | 83,095,000 | 86,397,000 | 92,013,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 591,678,000 | 599,098,000 | 603,253,000 | 629,186,000 |
| Interest-bearing deposits | 563,034,000 | 569,513,000 | 575,452,000 | 601,514,000 |
| Noninterest-bearing deposits | 28,644,000 | 29,585,000 | 27,801,000 | 27,672,000 |
| Equity capital | 79,564,000 | 80,715,000 | 81,726,000 | 82,426,000 |
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 | 7,333,000 | 14,706,000 | 22,331,000 | 30,137,000 |
| Interest expense | 525,000 | 1,123,000 | 1,824,000 | 2,557,000 |
| Net interest income | 6,808,000 | 13,583,000 | 20,507,000 | 27,580,000 |
| Noninterest income | 671,000 | 1,298,000 | 2,158,000 | 3,194,000 |
| Noninterest expense | 5,408,000 | 11,409,000 | 17,278,000 | 23,530,000 |
| Provision for loan losses | 152,000 | 312,000 | 625,000 | 916,000 |
| Pretax income | 1,919,000 | 3,166,000 | 4,843,000 | 6,409,000 |
| Income tax | 671,000 | 1,092,000 | 1,672,000 | 2,294,000 |
| Net income | 1,248,000 | 2,074,000 | 3,171,000 | 4,115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 75,190,000 | 75,271,000 | 77,206,000 | 78,480,000 |
| Total capital | 79,076,000 | 79,292,000 | 81,354,000 | 82,898,000 |
| Risk-weighted assets | 569,989,000 | 597,715,000 | 599,486,000 | 618,724,000 |