Call reports 2019
MERCHANTS COMMERCIAL BANK — 2019
What MERCHANTS COMMERCIAL BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 246,308,000 | 234,669,000 | 255,703,000 | 295,494,000 |
| Total loans | 89,698,000 | 89,244,000 | 89,023,000 | 88,472,000 |
| Allowance for loan losses | 1,649,000 | 1,729,000 | 1,551,000 | 1,350,000 |
| Securities available for sale | 130,455,000 | 122,734,000 | 130,750,000 | 139,637,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,720,000 | 211,478,000 | 231,163,000 | 270,421,000 |
| Interest-bearing deposits | 141,998,000 | 127,579,000 | 117,365,000 | 171,496,000 |
| Noninterest-bearing deposits | 84,722,000 | 83,898,000 | 113,798,000 | 98,925,000 |
| Equity capital | 18,085,000 | 21,817,000 | 23,293,000 | 23,848,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,700,000 | 5,808,000 | 8,495,000 | 11,302,000 |
| Interest expense | 220,000 | 480,000 | 663,000 | 860,000 |
| Net interest income | 2,480,000 | 5,328,000 | 7,832,000 | 10,442,000 |
| Noninterest income | -47,000 | 125,000 | 410,000 | 703,000 |
| Noninterest expense | 1,216,000 | 2,454,000 | 3,665,000 | 5,072,000 |
| Provision for loan losses | 84,000 | 164,000 | 207,000 | 301,000 |
| Pretax income | 1,133,000 | 2,942,000 | 4,488,000 | 5,890,000 |
| Income tax | 239,000 | 635,000 | 970,000 | 1,264,000 |
| Net income | 894,000 | 2,307,000 | 3,518,000 | 4,626,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,478,000 | 19,846,000 | 21,016,000 | 22,077,000 |
| Total capital | 19,745,000 | 21,080,000 | 22,290,000 | 23,393,000 |
| Risk-weighted assets | 101,085,000 | 98,206,000 | 101,633,000 | 105,301,000 |