Call reports 2008
MERCHANTS COMMERCIAL BANK — 2008
What MERCHANTS COMMERCIAL BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 46,680,000 | 53,232,000 | 59,393,000 | 61,755,000 |
| Total loans | 39,553,000 | 46,381,000 | 53,161,000 | 54,837,000 |
| Allowance for loan losses | 599,000 | 702,000 | 805,000 | 830,000 |
| Securities available for sale | 5,971,000 | 5,603,000 | 5,574,000 | 5,547,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 34,668,000 | 38,228,000 | 46,057,000 | 46,302,000 |
| Interest-bearing deposits | 30,859,000 | 33,819,000 | 42,967,000 | 43,355,000 |
| Noninterest-bearing deposits | 3,809,000 | 4,409,000 | 3,091,000 | 2,947,000 |
| Equity capital | 11,802,000 | 11,524,000 | 11,668,000 | 12,114,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 875,000 | 1,782,000 | 2,811,000 | 3,822,000 |
| Interest expense | 333,000 | 679,000 | 1,046,000 | 1,388,000 |
| Net interest income | 542,000 | 1,103,000 | 1,765,000 | 2,434,000 |
| Noninterest income | 10,000 | 28,000 | 50,000 | 75,000 |
| Noninterest expense | 434,000 | 899,000 | 1,437,000 | 1,797,000 |
| Provision for loan losses | 56,000 | 159,000 | 262,000 | 287,000 |
| Pretax income | 75,000 | 86,000 | 129,000 | 438,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 75,000 | 86,000 | 129,000 | 438,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,740,000 | 11,621,000 | 11,662,000 | 11,973,000 |
| Total capital | 12,182,000 | 12,085,000 | 12,196,000 | 12,529,000 |
| Risk-weighted assets | 35,221,000 | 36,958,000 | 42,558,000 | 44,273,000 |
Machine access — free, no API key
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