Call reports 2020
MERRIMACK COUNTY SAVINGS BANK — 2020
What MERRIMACK COUNTY SAVINGS BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 961,961,000 | 1,052,720,000 | 1,052,421,000 | 1,038,330,000 |
| Total loans | 813,932,000 | 892,184,000 | 893,454,000 | 877,915,000 |
| Allowance for loan losses | 6,482,000 | 6,915,000 | 7,245,000 | 8,606,000 |
| Securities available for sale | 81,359,000 | 82,968,000 | 76,470,000 | 83,249,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 704,468,000 | 842,636,000 | 864,802,000 | 875,021,000 |
| Interest-bearing deposits | 673,488,000 | 807,655,000 | 828,688,000 | 847,328,000 |
| Noninterest-bearing deposits | 30,980,000 | 34,981,000 | 36,114,000 | 27,693,000 |
| Equity capital | 97,801,000 | 99,914,000 | 101,396,000 | 102,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 9,822,000 | 19,458,000 | 28,957,000 | 38,744,000 |
| Interest expense | 1,685,000 | 2,859,000 | 3,947,000 | 4,814,000 |
| Net interest income | 8,137,000 | 16,599,000 | 25,010,000 | 33,930,000 |
| Noninterest income | 862,000 | 1,922,000 | 3,460,000 | 4,882,000 |
| Noninterest expense | 6,747,000 | 13,025,000 | 20,278,000 | 27,699,000 |
| Provision for loan losses | 662,000 | 1,112,000 | 1,468,000 | 2,837,000 |
| Pretax income | 1,599,000 | 4,613,000 | 7,466,000 | 9,133,000 |
| Income tax | 333,000 | 1,067,000 | 1,764,000 | 2,144,000 |
| Net income | 1,266,000 | 3,546,000 | 5,702,000 | 6,989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 91,050,000 | 93,406,000 | 94,918,000 | 97,114,000 |
| Total capital | 97,721,000 | 100,547,000 | 102,399,000 | 105,956,000 |
| Risk-weighted assets | 706,780,000 | 709,893,000 | 717,797,000 | 720,182,000 |