Call reports 2022
MERRIMACK COUNTY SAVINGS BANK — 2022
What MERRIMACK COUNTY SAVINGS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,150,436,000 | 1,230,052,000 | 1,278,487,000 | 1,317,746,000 |
| Total loans | 940,745,000 | 1,010,760,000 | 1,082,576,000 | 1,117,900,000 |
| Allowance for loan losses | 9,541,000 | 9,977,000 | 10,410,000 | 10,727,000 |
| Securities available for sale | 152,301,000 | 141,975,000 | 131,106,000 | 130,443,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 962,644,000 | 1,013,410,000 | 1,016,704,000 | 1,042,080,000 |
| Interest-bearing deposits | 773,115,000 | 800,953,000 | 815,772,000 | 847,621,000 |
| Noninterest-bearing deposits | 189,529,000 | 212,457,000 | 200,932,000 | 194,459,000 |
| Equity capital | 107,341,000 | 104,397,000 | 101,209,000 | 104,375,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 10,222,000 | 21,029,000 | 32,911,000 | 45,928,000 |
| Interest expense | 309,000 | 722,000 | 1,876,000 | 4,720,000 |
| Net interest income | 9,913,000 | 20,307,000 | 31,035,000 | 41,208,000 |
| Noninterest income | 793,000 | 1,617,000 | 2,446,000 | 3,258,000 |
| Noninterest expense | 7,303,000 | 15,074,000 | 22,730,000 | 30,673,000 |
| Provision for loan losses | 211,000 | 648,000 | 1,086,000 | 1,448,000 |
| Pretax income | 3,192,000 | 6,202,000 | 9,665,000 | 12,345,000 |
| Income tax | 782,000 | 1,531,000 | 2,322,000 | 2,918,000 |
| Net income | 2,410,000 | 4,671,000 | 7,343,000 | 9,427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 113,244,000 | 115,633,000 | 118,433,000 | 120,655,000 |
| Total capital | 122,928,000 | 125,753,000 | 128,986,000 | 131,525,000 |
| Risk-weighted assets | 851,368,000 | 929,399,000 | 997,636,000 | 1,032,146,000 |