Call reports 2013
MERCHANTS & SOUTHERN BANK — 2013
What MERCHANTS & SOUTHERN BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 411,878,000 | 400,636,000 | 404,142,000 | 429,877,000 |
| Total loans | 220,305,000 | 217,200,000 | 222,560,000 | 228,771,000 |
| Allowance for loan losses | 4,954,000 | 4,914,000 | 4,271,000 | 4,264,000 |
| Securities available for sale | 137,537,000 | 136,977,000 | 136,568,000 | 141,639,000 |
| Securities held to maturity | 3,186,000 | 3,181,000 | 3,175,000 | 3,170,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 322,848,000 | 317,870,000 | 327,082,000 | 322,688,000 |
| Interest-bearing deposits | 234,627,000 | 226,480,000 | 229,319,000 | 224,164,000 |
| Noninterest-bearing deposits | 88,221,000 | 91,390,000 | 97,763,000 | 98,524,000 |
| Equity capital | 39,243,000 | 37,468,000 | 37,799,000 | 37,863,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 3,360,000 | 6,654,000 | 9,973,000 | 13,443,000 |
| Interest expense | 322,000 | 605,000 | 868,000 | 1,142,000 |
| Net interest income | 3,038,000 | 6,049,000 | 9,105,000 | 12,301,000 |
| Noninterest income | 430,000 | 480,000 | 910,000 | 1,092,000 |
| Noninterest expense | 2,548,000 | 5,056,000 | 7,534,000 | 10,047,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,078,000 | 1,631,000 | 2,639,000 | 3,504,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,078,000 | 1,631,000 | 2,639,000 | 3,504,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,403,000 | 36,957,000 | 37,965,000 | 38,819,000 |
| Total capital | 39,589,000 | 40,095,000 | 41,117,000 | 42,085,000 |
| Risk-weighted assets | 253,109,000 | 249,332,000 | 251,040,000 | 260,264,000 |