Call reports 2023
MERCHANTS & PLANTERS BANK — 2023
What MERCHANTS & PLANTERS 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 | 318,627,000 | 320,782,000 | 334,028,000 | 327,092,000 |
| Total loans | 157,256,000 | 164,823,000 | 187,384,000 | 162,687,000 |
| Allowance for loan losses | 1,905,000 | 1,844,000 | 1,805,000 | 1,288,000 |
| Securities available for sale | 72,094,000 | 69,678,000 | 68,144,000 | 71,768,000 |
| Securities held to maturity | 45,606,000 | 38,573,000 | 36,609,000 | 36,646,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 285,545,000 | 278,581,000 | 282,868,000 | 288,850,000 |
| Interest-bearing deposits | 201,562,000 | 197,629,000 | 204,709,000 | 198,221,000 |
| Noninterest-bearing deposits | 83,983,000 | 80,952,000 | 78,159,000 | 90,629,000 |
| Equity capital | 28,472,000 | 27,301,000 | 26,284,000 | 28,129,000 |
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 | 3,413,000 | 6,993,000 | 10,959,000 | 14,973,000 |
| Interest expense | 588,000 | 1,317,000 | 2,482,000 | 3,743,000 |
| Net interest income | 2,825,000 | 5,676,000 | 8,477,000 | 11,230,000 |
| Noninterest income | 1,157,000 | 2,131,000 | 3,053,000 | 3,957,000 |
| Noninterest expense | 2,657,000 | 5,555,000 | 8,289,000 | 11,402,000 |
| Provision for loan losses | -5,000 | -8,000 | -20,000 | 855,000 |
| Pretax income | 1,325,000 | 2,252,000 | 3,241,000 | 2,910,000 |
| Income tax | 187,000 | 373,000 | 476,000 | 400,000 |
| Net income | 1,138,000 | 1,879,000 | 2,765,000 | 2,510,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,380,000 | 34,121,000 | 35,007,000 | 33,952,000 |