Call reports 2015
MERCHANTS COMMERCIAL BANK — 2015
What MERCHANTS COMMERCIAL BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 133,859,000 | 136,835,000 | 138,715,000 | 143,205,000 |
| Total loans | 75,227,000 | 76,102,000 | 79,251,000 | 87,794,000 |
| Allowance for loan losses | 1,379,000 | 1,393,000 | 1,624,000 | 1,727,000 |
| Securities available for sale | 18,391,000 | 23,926,000 | 27,604,000 | 28,180,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,162,000 | 123,373,000 | 125,201,000 | 129,988,000 |
| Interest-bearing deposits | 80,739,000 | 80,211,000 | 87,401,000 | 83,510,000 |
| Noninterest-bearing deposits | 39,422,000 | 43,162,000 | 37,800,000 | 46,479,000 |
| Equity capital | 12,931,000 | 12,758,000 | 12,608,000 | 12,617,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,425,000 | 2,287,000 | 3,454,000 | 4,767,000 |
| Interest expense | 144,000 | 297,000 | 463,000 | 619,000 |
| Net interest income | 1,281,000 | 1,990,000 | 2,991,000 | 4,148,000 |
| Noninterest income | 180,000 | 398,000 | 606,000 | 759,000 |
| Noninterest expense | 1,006,000 | 2,030,000 | 2,998,000 | 3,861,000 |
| Provision for loan losses | 10,000 | 23,000 | 657,000 | 823,000 |
| Pretax income | 445,000 | 343,000 | -50,000 | 231,000 |
| Income tax | 169,000 | 99,000 | 0 | 61,000 |
| Net income | 276,000 | 244,000 | -50,000 | 170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,881,000 | 12,824,000 | 12,531,000 | 12,752,000 |
| Total capital | 13,797,000 | 13,774,000 | 13,573,000 | 13,881,000 |
| Risk-weighted assets | 72,888,000 | 75,591,000 | 82,814,000 | 89,735,000 |