Call reports 2014
MERCHANTS & SOUTHERN BANK — 2014
What MERCHANTS & SOUTHERN BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 409,295,000 | 416,765,000 | 397,892,000 | 472,487,000 |
| Total loans | 222,841,000 | 222,997,000 | 218,335,000 | 213,943,000 |
| Allowance for loan losses | 3,789,000 | 3,557,000 | 3,676,000 | 3,971,000 |
| Securities available for sale | 148,141,000 | 132,578,000 | 141,953,000 | 147,455,000 |
| Securities held to maturity | 3,164,000 | 2,660,000 | 2,657,000 | 2,653,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 327,388,000 | 328,493,000 | 329,036,000 | 335,803,000 |
| Interest-bearing deposits | 223,631,000 | 224,048,000 | 220,771,000 | 220,951,000 |
| Noninterest-bearing deposits | 103,757,000 | 104,445,000 | 108,265,000 | 114,852,000 |
| Equity capital | 39,564,000 | 41,932,000 | 42,527,000 | 44,205,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,478,000 | 6,987,000 | 10,397,000 | 13,803,000 |
| Interest expense | 258,000 | 485,000 | 690,000 | 920,000 |
| Net interest income | 3,220,000 | 6,502,000 | 9,707,000 | 12,883,000 |
| Noninterest income | 432,000 | 1,072,000 | 1,447,000 | 1,891,000 |
| Noninterest expense | 2,504,000 | 5,026,000 | 7,471,000 | 9,826,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 1,148,000 | 2,551,000 | 3,686,000 | 4,951,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,148,000 | 2,551,000 | 3,686,000 | 4,951,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,967,000 | 41,370,000 | 42,505,000 | 43,242,000 |
| Total capital | 43,133,000 | 44,712,000 | 45,719,000 | 46,600,000 |
| Risk-weighted assets | 252,634,000 | 267,173,000 | 256,623,000 | 267,997,000 |