Call reports 2009
MERCHANTS & SOUTHERN BANK — 2009
What MERCHANTS & SOUTHERN BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 394,089,000 | 396,515,000 | 391,486,000 | 403,197,000 |
| Total loans | 295,763,000 | 295,564,000 | 290,880,000 | 296,337,000 |
| Allowance for loan losses | 2,758,000 | 2,673,000 | 3,472,000 | 4,250,000 |
| Securities available for sale | 74,630,000 | 74,418,000 | 70,690,000 | 70,112,000 |
| Securities held to maturity | 1,130,000 | 1,335,000 | 1,337,000 | 1,239,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 320,937,000 | 328,361,000 | 325,335,000 | 334,140,000 |
| Interest-bearing deposits | 255,239,000 | 260,765,000 | 257,014,000 | 268,027,000 |
| Noninterest-bearing deposits | 65,698,000 | 67,596,000 | 68,321,000 | 66,113,000 |
| Equity capital | 33,277,000 | 33,511,000 | 33,851,000 | 33,200,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 5,106,000 | 10,317,000 | 15,479,000 | 20,586,000 |
| Interest expense | 1,498,000 | 2,973,000 | 4,389,000 | 5,723,000 |
| Net interest income | 3,608,000 | 7,344,000 | 11,090,000 | 14,863,000 |
| Noninterest income | 558,000 | 1,090,000 | 1,600,000 | 2,095,000 |
| Noninterest expense | 2,963,000 | 6,096,000 | 8,758,000 | 11,734,000 |
| Provision for loan losses | 206,000 | 121,000 | 1,409,000 | 2,459,000 |
| Pretax income | 997,000 | 2,217,000 | 3,277,000 | 3,520,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 997,000 | 2,217,000 | 3,277,000 | 3,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,498,000 | 32,132,000 | 32,608,000 | 32,389,000 |
| Total capital | 34,256,000 | 34,805,000 | 36,080,000 | 36,248,000 |
| Risk-weighted assets | 312,395,000 | 312,093,000 | 306,823,000 | 308,328,000 |