Call reports 2011
MERCHANTS & SOUTHERN BANK — 2011
What MERCHANTS & SOUTHERN BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 385,008,000 | 389,316,000 | 389,696,000 | 392,663,000 |
| Total loans | 261,663,000 | 250,974,000 | 250,086,000 | 239,736,000 |
| Allowance for loan losses | 8,728,000 | 8,724,000 | 8,676,000 | 5,825,000 |
| Securities available for sale | 76,838,000 | 82,062,000 | 88,522,000 | 104,330,000 |
| Securities held to maturity | 884,000 | 886,000 | 888,000 | 3,213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 330,510,000 | 316,222,000 | 315,272,000 | 315,496,000 |
| Interest-bearing deposits | 253,920,000 | 239,128,000 | 239,476,000 | 238,765,000 |
| Noninterest-bearing deposits | 76,591,000 | 77,093,000 | 75,796,000 | 76,731,000 |
| Equity capital | 31,021,000 | 33,360,000 | 35,207,000 | 34,965,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 4,026,000 | 8,052,000 | 12,058,000 | 15,833,000 |
| Interest expense | 824,000 | 1,556,000 | 2,197,000 | 2,760,000 |
| Net interest income | 3,202,000 | 6,496,000 | 9,861,000 | 13,073,000 |
| Noninterest income | 509,000 | 891,000 | 895,000 | 968,000 |
| Noninterest expense | 2,687,000 | 5,531,000 | 8,082,000 | 10,870,000 |
| Provision for loan losses | 570,000 | 656,000 | 656,000 | 1,341,000 |
| Pretax income | 454,000 | 1,200,000 | 2,018,000 | 1,833,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 454,000 | 1,200,000 | 2,018,000 | 1,833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,464,000 | 32,210,000 | 33,027,000 | 32,844,000 |
| Total capital | 35,044,000 | 35,679,000 | 36,405,000 | 36,077,000 |
| Risk-weighted assets | 281,252,000 | 272,267,000 | 264,943,000 | 256,036,000 |