Call reports 2001
MERIDIAN CAPITAL BANK, NATIONAL ASSOCIATION — 2001
What MERIDIAN CAPITAL BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 90,962,000 | 92,818,000 | 109,764,000 | 106,529,000 |
| Total loans | 67,136,000 | 68,898,000 | 70,425,000 | 71,037,000 |
| Allowance for loan losses | 1,132,000 | 1,192,000 | 1,238,000 | 1,214,000 |
| Securities available for sale | 20,459,000 | 18,909,000 | 17,820,000 | 15,353,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,785,000 | 76,307,000 | 99,647,000 | 94,744,000 |
| Interest-bearing deposits | 65,192,000 | 63,505,000 | 77,921,000 | 78,857,000 |
| Noninterest-bearing deposits | 9,593,000 | 12,802,000 | 21,726,000 | 15,887,000 |
| Equity capital | 8,794,000 | 8,677,000 | 8,954,000 | 10,576,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,748,000 | 3,448,000 | 5,091,000 | 6,706,000 |
| Interest expense | 901,000 | 1,677,000 | 2,424,000 | 3,078,000 |
| Net interest income | 847,000 | 1,771,000 | 2,667,000 | 3,628,000 |
| Noninterest income | 150,000 | 357,000 | 603,000 | 784,000 |
| Noninterest expense | 1,007,000 | 2,112,000 | 3,191,000 | 4,395,000 |
| Provision for loan losses | 60,000 | 120,000 | 160,000 | 160,000 |
| Pretax income | -70,000 | -104,000 | -71,000 | -133,000 |
| Income tax | 6,000 | 12,000 | 18,000 | 24,000 |
| Net income | -76,000 | -116,000 | -89,000 | -157,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,268,000 | 8,228,000 | 8,255,000 | 10,187,000 |
| Total capital | 9,122,000 | 9,110,000 | 9,204,000 | 11,133,000 |
| Risk-weighted assets | 68,016,000 | 70,256,000 | 75,642,000 | 75,414,000 |