Call reports 2020
MERCHANTS AND MANUFACTURERS BANK — 2020
What MERCHANTS AND MANUFACTURERS 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 | 282,704,000 | 316,765,000 | 329,089,000 | 324,768,000 |
| Total loans | 252,447,000 | 291,437,000 | 290,586,000 | 291,539,000 |
| Allowance for loan losses | 2,806,000 | 2,836,000 | 2,987,000 | 3,137,000 |
| Securities available for sale | 8,283,000 | 7,965,000 | 7,637,000 | 6,481,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 232,831,000 | 256,177,000 | 248,408,000 | 256,009,000 |
| Interest-bearing deposits | 174,663,000 | 162,478,000 | 165,423,000 | 172,122,000 |
| Noninterest-bearing deposits | 58,168,000 | 93,699,000 | 82,985,000 | 83,887,000 |
| Equity capital | 23,322,000 | 23,677,000 | 24,136,000 | 24,754,000 |
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 | 3,347,000 | 6,644,000 | 9,973,000 | 13,716,000 |
| Interest expense | 535,000 | 909,000 | 1,232,000 | 1,512,000 |
| Net interest income | 2,812,000 | 5,735,000 | 8,741,000 | 12,204,000 |
| Noninterest income | 204,000 | 343,000 | 555,000 | 725,000 |
| Noninterest expense | 2,298,000 | 4,596,000 | 6,804,000 | 9,188,000 |
| Provision for loan losses | 11,000 | 42,000 | 192,000 | 342,000 |
| Pretax income | 707,000 | 1,440,000 | 2,300,000 | 3,411,000 |
| Income tax | 204,000 | 410,000 | 639,000 | 957,000 |
| Net income | 503,000 | 1,030,000 | 1,661,000 | 2,454,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,038,000 | 23,415,000 | 23,897,000 | 24,540,000 |
| Total capital | 27,094,000 | 27,501,000 | 28,134,000 | 28,927,000 |
| Risk-weighted assets | 250,585,000 | 253,392,000 | 254,773,000 | 267,739,000 |