Call reports 2021
MERCHANTS & PLANTERS BANK — 2021
What MERCHANTS & PLANTERS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 350,247,000 | 351,618,000 | 352,642,000 | 354,483,000 |
| Total loans | 165,999,000 | 182,708,000 | 180,631,000 | 149,423,000 |
| Allowance for loan losses | 1,706,000 | 1,822,000 | 1,913,000 | 1,330,000 |
| Securities available for sale | 61,709,000 | 70,671,000 | 75,767,000 | 85,984,000 |
| Securities held to maturity | 1,464,000 | 1,444,000 | 1,436,000 | 1,157,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,778,000 | 314,474,000 | 315,067,000 | 317,215,000 |
| Interest-bearing deposits | 230,342,000 | 235,391,000 | 237,426,000 | 233,174,000 |
| Noninterest-bearing deposits | 83,436,000 | 79,083,000 | 77,641,000 | 84,041,000 |
| Equity capital | 31,550,000 | 31,882,000 | 32,261,000 | 32,064,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,466,000 | 5,496,000 | 8,387,000 | 10,973,000 |
| Interest expense | 506,000 | 1,011,000 | 1,447,000 | 1,766,000 |
| Net interest income | 1,960,000 | 4,485,000 | 6,940,000 | 9,207,000 |
| Noninterest income | 940,000 | 1,921,000 | 2,900,000 | 4,309,000 |
| Noninterest expense | 2,376,000 | 4,900,000 | 7,553,000 | 10,163,000 |
| Provision for loan losses | 50,000 | 175,000 | 275,000 | 925,000 |
| Pretax income | 506,000 | 1,363,000 | 2,045,000 | 2,528,000 |
| Income tax | 112,000 | 240,000 | 436,000 | 480,000 |
| Net income | 394,000 | 1,123,000 | 1,609,000 | 2,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,589,000 | 31,818,000 | 32,304,000 | 32,243,000 |