Call reports 2024
MERCHANTS AND MANUFACTURERS BANK — 2024
What MERCHANTS AND MANUFACTURERS BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 |
|---|---|
| Total assets | 477,598,000 |
| Total loans | 426,290,000 |
| Allowance for loan losses | 4,055,000 |
| Securities available for sale | 8,087,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 393,418,000 |
| Interest-bearing deposits | 311,550,000 |
| Noninterest-bearing deposits | 81,868,000 |
| Equity capital | 41,453,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 |
|---|---|
| Interest income | 8,130,000 |
| Interest expense | 3,070,000 |
| Net interest income | 5,060,000 |
| Noninterest income | 272,000 |
| Noninterest expense | 3,348,000 |
| Provision for loan losses | -128,000 |
| Pretax income | 2,112,000 |
| Income tax | 535,000 |
| Net income | 1,577,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 |
|---|---|
| Tier 1 capital | 41,843,000 |
| Total capital | 47,148,000 |
| Risk-weighted assets | 433,632,000 |