Call reports 2017
MERCHANTS COMMERCIAL BANK — 2017
What MERCHANTS COMMERCIAL BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 184,815,000 | 192,546,000 | 169,993,000 | 191,878,000 |
| Total loans | 91,661,000 | 94,962,000 | 98,961,000 | 97,660,000 |
| Allowance for loan losses | 1,859,000 | 1,937,000 | 1,473,000 | 1,518,000 |
| Securities available for sale | 41,565,000 | 50,971,000 | 55,886,000 | 58,893,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,464,000 | 177,908,000 | 152,473,000 | 176,473,000 |
| Interest-bearing deposits | 118,698,000 | 131,062,000 | 110,581,000 | 121,428,000 |
| Noninterest-bearing deposits | 51,766,000 | 46,846,000 | 41,892,000 | 55,045,000 |
| Equity capital | 13,363,000 | 14,038,000 | 14,250,000 | 14,265,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,563,000 | 3,311,000 | 5,197,000 | 7,130,000 |
| Interest expense | 155,000 | 347,000 | 539,000 | 714,000 |
| Net interest income | 1,408,000 | 2,964,000 | 4,658,000 | 6,416,000 |
| Noninterest income | 287,000 | 585,000 | 846,000 | 978,000 |
| Noninterest expense | 1,084,000 | 2,208,000 | 3,557,000 | 4,655,000 |
| Provision for loan losses | 62,000 | 140,000 | 564,000 | 631,000 |
| Pretax income | 549,000 | 1,201,000 | 1,383,000 | 2,108,000 |
| Income tax | 169,000 | 377,000 | 408,000 | 941,000 |
| Net income | 380,000 | 824,000 | 975,000 | 1,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,909,000 | 14,353,000 | 14,504,000 | 14,795,000 |
| Total capital | 15,178,000 | 15,661,000 | 15,853,000 | 16,133,000 |
| Risk-weighted assets | 100,955,000 | 104,025,000 | 107,785,000 | 106,933,000 |