FACTANKER · measured, cited, anchored official records connected

Call report 2024Q1

MERCHANTS COMMERCIAL BANK — 2024Q1

The 22 measures MERCHANTS COMMERCIAL BANK reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/6f2f7309-5540-4d35-8695-8aa405bc8512/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets473,496,000USDevidence →
Total loans181,590,000USDevidence →
Allowance for loan losses2,367,000USDevidence →
Securities available for sale248,929,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits364,839,000USDevidence →
Interest-bearing deposits180,524,000USDevidence →
Noninterest-bearing deposits184,315,000USDevidence →
Equity capital13,825,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income6,701,000USDevidence →
Interest expense2,188,000USDevidence →
Net interest income4,513,000USDevidence →
Noninterest income403,000USDevidence →
Noninterest expense2,021,000USDevidence →
Provision for loan losses0USDevidence →
Pretax income2,895,000USDevidence →
Income tax0USDevidence →
Net income2,895,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital47,269,000USDevidence →