Call reports 2018
MERCHANTS COMMERCIAL BANK — 2018
What MERCHANTS COMMERCIAL BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 213,424,000 | 209,223,000 | 213,802,000 | 240,949,000 |
| Total loans | 92,761,000 | 90,687,000 | 91,002,000 | 93,578,000 |
| Allowance for loan losses | 1,490,000 | 1,464,000 | 1,520,000 | 1,577,000 |
| Securities available for sale | 70,647,000 | 91,166,000 | 95,574,000 | 105,440,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,926,000 | 195,064,000 | 198,743,000 | 223,462,000 |
| Interest-bearing deposits | 128,619,000 | 135,609,000 | 130,781,000 | 149,280,000 |
| Noninterest-bearing deposits | 70,308,000 | 59,456,000 | 67,963,000 | 74,181,000 |
| Equity capital | 13,962,000 | 13,631,000 | 13,749,000 | 16,236,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,283,000 | 4,437,000 | 6,736,000 | 9,187,000 |
| Interest expense | 182,000 | 373,000 | 570,000 | 756,000 |
| Net interest income | 2,101,000 | 4,064,000 | 6,166,000 | 8,431,000 |
| Noninterest income | 231,000 | -408,000 | 3,000 | 282,000 |
| Noninterest expense | 1,231,000 | 2,497,000 | 3,690,000 | 4,918,000 |
| Provision for loan losses | 10,000 | 38,000 | 90,000 | 169,000 |
| Pretax income | 1,091,000 | 1,121,000 | 2,389,000 | 3,626,000 |
| Income tax | 229,000 | 214,000 | 484,000 | 747,000 |
| Net income | 862,000 | 907,000 | 1,905,000 | 2,879,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,656,000 | 15,680,000 | 16,655,000 | 17,584,000 |
| Total capital | 16,943,000 | 16,971,000 | 17,930,000 | 18,858,000 |
| Risk-weighted assets | 102,761,000 | 103,108,000 | 101,729,000 | 101,660,000 |