Call reports 2016
MERCHANTS COMMERCIAL BANK — 2016
What MERCHANTS COMMERCIAL BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 154,917,000 | 159,094,000 | 157,063,000 | 196,689,000 |
| Total loans | 87,588,000 | 88,903,000 | 93,438,000 | 92,554,000 |
| Allowance for loan losses | 1,839,000 | 1,865,000 | 1,814,000 | 1,823,000 |
| Securities available for sale | 28,299,000 | 27,633,000 | 30,630,000 | 35,271,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,839,000 | 145,137,000 | 142,643,000 | 182,895,000 |
| Interest-bearing deposits | 95,346,000 | 94,761,000 | 90,718,000 | 134,337,000 |
| Noninterest-bearing deposits | 45,493,000 | 50,376,000 | 51,925,000 | 48,558,000 |
| Equity capital | 13,249,000 | 13,388,000 | 13,601,000 | 12,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,442,000 | 2,778,000 | 4,155,000 | 5,638,000 |
| Interest expense | 158,000 | 324,000 | 470,000 | 607,000 |
| Net interest income | 1,284,000 | 2,454,000 | 3,685,000 | 5,031,000 |
| Noninterest income | 343,000 | 391,000 | 774,000 | 864,000 |
| Noninterest expense | 982,000 | 2,192,000 | 3,294,000 | 4,510,000 |
| Provision for loan losses | 127,000 | 153,000 | 203,000 | 212,000 |
| Pretax income | 518,000 | 500,000 | 962,000 | 1,173,000 |
| Income tax | 165,000 | 169,000 | 342,000 | 398,000 |
| Net income | 353,000 | 331,000 | 620,000 | 775,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,106,000 | 13,083,000 | 13,372,000 | 13,529,000 |
| Total capital | 14,253,000 | 14,291,000 | 14,625,000 | 14,803,000 |
| Risk-weighted assets | 91,059,000 | 96,002,000 | 99,645,000 | 101,308,000 |