Call reports 2010
MERCHANTS & SOUTHERN BANK — 2010
What MERCHANTS & SOUTHERN BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 400,604,000 | 400,794,000 | 400,878,000 | 389,120,000 |
| Total loans | 292,661,000 | 287,592,000 | 279,802,000 | 274,146,000 |
| Allowance for loan losses | 4,361,000 | 4,678,000 | 5,996,000 | 8,209,000 |
| Securities available for sale | 71,219,000 | 71,553,000 | 58,106,000 | 63,389,000 |
| Securities held to maturity | 1,241,000 | 1,244,000 | 1,246,000 | 1,049,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 332,027,000 | 329,440,000 | 328,486,000 | 326,052,000 |
| Interest-bearing deposits | 262,119,000 | 258,856,000 | 257,379,000 | 254,544,000 |
| Noninterest-bearing deposits | 69,908,000 | 70,584,000 | 71,106,000 | 71,508,000 |
| Equity capital | 34,051,000 | 35,864,000 | 32,805,000 | 30,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 4,967,000 | 9,780,000 | 14,518,000 | 18,804,000 |
| Interest expense | 1,270,000 | 2,424,000 | 3,507,000 | 4,437,000 |
| Net interest income | 3,697,000 | 7,356,000 | 11,011,000 | 14,367,000 |
| Noninterest income | 538,000 | 1,079,000 | 1,637,000 | 2,298,000 |
| Noninterest expense | 3,223,000 | 6,385,000 | 9,624,000 | 12,189,000 |
| Provision for loan losses | 110,000 | 221,000 | 2,741,000 | 7,841,000 |
| Pretax income | 902,000 | 1,829,000 | 2,292,000 | -1,351,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 902,000 | 1,829,000 | 2,292,000 | -1,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,848,000 | 33,190,000 | 33,074,000 | 31,010,000 |
| Total capital | 36,683,000 | 36,970,000 | 36,864,000 | 34,774,000 |
| Risk-weighted assets | 306,245,000 | 301,481,000 | 300,976,000 | 296,668,000 |