Call reports 2007
MERCHANTS & SOUTHERN BANK — 2007
What MERCHANTS & SOUTHERN BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 337,632,000 | 346,176,000 | 344,898,000 | 347,398,000 |
| Total loans | 230,357,000 | 252,208,000 | 250,642,000 | 256,756,000 |
| Allowance for loan losses | 2,098,000 | 2,257,000 | 2,222,000 | 2,305,000 |
| Securities available for sale | 67,883,000 | 67,441,000 | 74,349,000 | 72,337,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,566,000 | 279,387,000 | 275,714,000 | 262,432,000 |
| Interest-bearing deposits | 199,241,000 | 208,198,000 | 210,403,000 | 200,327,000 |
| Noninterest-bearing deposits | 76,325,000 | 71,189,000 | 65,311,000 | 62,105,000 |
| Equity capital | 24,985,000 | 24,124,000 | 25,681,000 | 27,080,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 5,186,000 | 10,711,000 | 16,368,000 | 22,019,000 |
| Interest expense | 2,111,000 | 4,420,000 | 6,880,000 | 9,296,000 |
| Net interest income | 3,075,000 | 6,291,000 | 9,488,000 | 12,723,000 |
| Noninterest income | 554,000 | 1,065,000 | 1,541,000 | 2,056,000 |
| Noninterest expense | 2,666,000 | 5,456,000 | 8,193,000 | 10,443,000 |
| Provision for loan losses | 20,000 | 179,000 | 145,000 | 228,000 |
| Pretax income | 943,000 | 1,721,000 | 2,691,000 | 4,115,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 943,000 | 1,721,000 | 2,691,000 | 4,115,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,464,000 | 26,828,000 | 27,300,000 | 28,314,000 |
| Total capital | 28,562,000 | 29,085,000 | 29,522,000 | 30,619,000 |
| Risk-weighted assets | 245,909,000 | 274,633,000 | 271,928,000 | 277,166,000 |