Call reports 2023
MERCHANTS AND MANUFACTURERS BANK — 2023
What MERCHANTS AND MANUFACTURERS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 439,462,000 | 449,853,000 | 473,109,000 | 487,472,000 |
| Total loans | 393,722,000 | 398,362,000 | 405,956,000 | 418,926,000 |
| Allowance for loan losses | 4,014,000 | 4,101,000 | 4,153,000 | 4,186,000 |
| Securities available for sale | 7,059,000 | 7,356,000 | 7,968,000 | 8,201,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 347,973,000 | 362,357,000 | 398,856,000 | 405,085,000 |
| Interest-bearing deposits | 268,174,000 | 284,883,000 | 318,004,000 | 327,326,000 |
| Noninterest-bearing deposits | 79,799,000 | 77,475,000 | 80,851,000 | 77,759,000 |
| Equity capital | 36,466,000 | 37,725,000 | 38,907,000 | 40,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 6,898,000 | 14,364,000 | 22,234,000 | 30,417,000 |
| Interest expense | 1,392,000 | 3,648,000 | 6,264,000 | 9,127,000 |
| Net interest income | 5,506,000 | 10,716,000 | 15,970,000 | 21,290,000 |
| Noninterest income | 313,000 | 638,000 | 908,000 | 1,259,000 |
| Noninterest expense | 3,143,000 | 6,298,000 | 9,385,000 | 12,664,000 |
| Provision for loan losses | 177,000 | 265,000 | 319,000 | 353,000 |
| Pretax income | 2,499,000 | 4,791,000 | 7,174,000 | 9,532,000 |
| Income tax | 677,000 | 1,306,000 | 1,959,000 | 2,411,000 |
| Net income | 1,822,000 | 3,485,000 | 5,215,000 | 7,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,817,000 | 38,181,000 | 39,461,000 | 40,967,000 |
| Total capital | 42,081,000 | 43,532,000 | 44,864,000 | 46,403,000 |
| Risk-weighted assets | 399,632,000 | 404,567,000 | 412,042,000 | 426,495,000 |